AmeraMex International Retains Squar Milner to Perform SEC Audit
CHICO, CA – March 14, 2011 – AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment to logistics companies (stevedoring), infrastructure construction and mining companies, today announced that it has retained Newport Beach, Calif.-based Squar Milner, one of the nation's 100 largest accounting firms as well as one of the largest independent accounting and advisory firms in California. Squar Milner auditors will perform the mandatory two-year audit necessary to become a fully reporting public company.
The audit of financial records for 2009 and 2010 is expected to begin mid-April and to be completed in the August/September 2011 timeframe. Once the audit is complete, the Form 10K annual reports will be submitted to the Securities and Exchange Commission (SEC) for review and comment. Once accepted, AmeraMex will file audited quarterly Form 10Qs and a yearly Form 10K with the SEC.
“We are pleased to announce that we are on the path to becoming a fully reporting company,” commented AmeraMex President and CEO Lee Hamre. “Our next milestone is to apply for listing on the OTCBB or OTCQB trading platform. This transition is expected to provide additional exposure within the investment community, which in turn should provide improved liquidity in our common stock,” added Hamre.
The firm's financial and accounting professionals provide high-end tax, accounting and consulting services to closely held businesses and SEC companies, their owners, and middle-to-high net worth individuals. Their dedicated consultants also provide high quality consulting in connection with litigation support, bankruptcy, and financial planning.
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