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From: Emerging Markets Consulting, LLC
Dear Reader, A few months ago we brought you a unique Pink Sheet story, Ideal Financial Solutions (Pink Sheets:IFSL). As most of you will recall, Ideal was a blazer in the stock market, appreciating exponentially after our coverage and some very strong news announcements. We're not often enthusiastic regarding the small companies that populate the Pink Sheets. But all Pink Sheet stocks are not the same, as IFSL has demonstrated. Today, we believe we have found an other Pink Sheet story with uncommon attributes. The company is called AmeraMex International Inc. (Pink Sheets:AMMX). Here's what we think stands out: #1 Revenue for the 2008 year was approximately $23.6 million, an increase of 49 percent, when compared to revenue of $15.8 for year end 2007. #2 AmeraMex International recently annouced it has agreed in a Memorandum of Understanding (MOU) to be lead company in a $245 million project to rebuild Ghana's rail system. The MOU outlines the financial terms and project milestones for the initial phase of a $245 million rail project. AmeraMex will be partnering in this project with a construction company and AmeraMex's portion of the contract will include all equipment required for reconstruction as well as replacement rail and power equipment. #3 AmeraMex markets a specialized line of equipment for the loading and unloading of ocean-going shipping containers. The company has signed orders for 2007 in excess of $9.0 million and orders in 2008 exceeded $12 million at ports located in Long Beach and Oakland, CA, Seattle, WA and Dutch Harbor, AK. #4 AmeraMex has a clearly defined strategy to find synergistic opportunities in the U.S. and to expand its international reach. AmeraMex c urrently has customers/distributors in over 12 countries. As AmeraMex places new equipment with U.S. customers, they are able to purchase older equipment — well respected brands that may not meet EPA Tier III requirements, refurbish it to like-new condition, and market it to developing countries that have difficulty obtaining or cannot afford new heavy equipment. The company’s target markets for sales of refurbished equipment are Canada, Indonesia, Pakistan, Germany, Singapore, Vietnam, China, Russia, India, the Middle East, Africa, Central America and Mexico. Even these short notes define a company that exemplifies characteristics uncommon on the Pink Sheets or even the OTC markets. Frankly, the company's revenue growth would turn head on most exchanges. To assist in you in better understanding this unique company, we have prepared a brief company snapshot below. We strongly encourage you to bookmark the AMMX symbol and to begin to follow this equity. Rating :
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