American Ammunition Completes Acquisition.Business Editors MIAMI--(BUSINESS WIRE)--Oct. 30, 2001 American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of Ammunition This article is largely based on the article in the out-of-copyright 11th edition of the Encyclopdia Britannica, which was produced in 1911. It should be brought up to date to reflect subsequent history or scholarship (including the references, if any). , Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AAMI AAMI Association for the Advancement of Medical Instrumentation AAMI Age Associated Memory Impairment AAMI American Ammunition, Inc (stock symbol) AAMI Australian Associated Motor Insurers Limited AAMI African-American Male Initiative ), f/k/a FBI Fresh Burgers Burgers are hamburgers. Burgers may also refer to:
The transaction requires all officers and directors of the public company to resign. It provides for the appointment of the existing American Ammunition management team to their appropriate positions in the new company. American Ammunition shareholders will receive 21,000,000 shares for their interest in the company. Total issued and outstanding shares postclosing total 29,827,200. Andres Fernandez, Emilio D. Jara, Emilia Fernandez, Stephen Durland, Maria A. Fernandez, Len Hale and Robert Escobio were elected to serve on the Board of Directors of the Company (the "Board"). The Board appointed Andres Fernandez as Chairman of the Board, President and Chief Executive Officer; Emilio D. Jara as Vice-President of Operations and Secretary; Emilia Fernandez as Vice-President; and Stephen Durland as Chief Financial Officer. FBI Fresh Burgers International's President, Artem Gotov stated: "We are very pleased with the acquisition of American Ammunition, Inc. This successful company fits all our criteria in our search for a profitable, growing company operating within an explosive, yet stable industry. American Ammunition has established itself as a leader in the arms market, as a manufacturer of small arms ammunition Ammunition for small arms, i.e., all ammunition up to and including 20 millimeters (.787 inches). , predominantly pre·dom·i·nant adj. 1. Having greatest ascendancy, importance, influence, authority, or force. See Synonyms at dominant. 2. for the commercial ammunition market." American Ammunition Chairman, President, and Chief Executive Officer, Andres Fernandez commented: "We look forward to a smooth transition in our next step to develop American Ammunition into the global force we envision. Together, we will implement an aggressive three year marketing plan that we expect will dramatically influence the key small arms small arms, firearms designed primarily to be carried and fired by one person and, generally, held in the hands, as distinguished from heavy arms, or artillery. Early Small Arms The first small arms came into general use at the end of the 14th cent. target markets." About American Ammunition Inc.- American Ammunition is an autonomous manufacturer of ammunition, with the technology and equipment to take advantage of the growing defense and retail markets. American Ammo has an excellent reputation within the industry. The ammunition industry has experienced a 28% average increase in revenues annually between 1991 through 1998, and the trend is expected to continue through the year 2005 and beyond. For further Company and product information, please call (305) 835-7400 or visit the website at: http://www.a-merc.com. Investors are invited to call Mr. Andres Fernandez or Mr. Philippe Busnot. Additional information, including current financial data, is available in current Securities and Exchange Commission filings. This release contains statements that constitute 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 the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. |
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