AmeraMex Completes Merger Negotiations.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Thursday, January 11th 2007, Lee Hamre, President of AmeraMex International (PINK SHEETS: AMMX) announces that 2007 is looking like it should be a great year. As anticipated, the merger agreement which has been in negotiation with Sierra Industrial Equipment Company of Las Vegas appears to be complete. Mr. Hamre confirmed, "We have agreed upon Adj. 1. agreed upon - constituted or contracted by stipulation or agreement; "stipulatory obligations" stipulatory noncontroversial, uncontroversial - not likely to arouse controversy a purchase price, terms, and future growth plans for the territory." AmeraMex International has already secured the dealership contract to market Terex Heavy Equipment in the state of Nevada and will represent Terex in most all product areas from telehandlers, excavators, front end loaders This article is about the Austrailian rock band Front End Loader. For the piece of construction equipment, see Loader (equipment). Front End Loader , graders, back-hoes, and mini excavators to large mining equipment. Mr. Hamre continued, "Our merger has been agreed upon and the details have been worked through. All parties involved are ready to move ahead." The merger agreement will be drawn up and signed by the end of February to start business as a new DBA of AmeraMex International. Management expects with this merger, the potential growth for AmeraMex could almost double gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. from 13 million to over 20 million within 2 years. Mr. Hamre added, "The Terex Factory and Sales team is very aggressive in assisting their dealers with low interest plans and very competitive prices to make retail sales of equipment easier." SAFE HARBOR Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. STATEMENT This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. |
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