American International Industries Inc. Announces New Trading Symbol On the OTCBB: AMIN.Business/Energy Editors 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 International Industries Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMIN) announced that with its re-capitalization (1 for 100 reverse split) effective today, the Company's Common Stock will now be trading on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under its new symbol "AMIN" (old symbol OTCBB:EDII EDII Entrepreneurship Development Institute of India .) American International Industries Inc. is a holding company. The company has holdings in industry, real estate in Houston and surrounding sur·round tr.v. sur·round·ed, sur·round·ing, sur·rounds 1. To extend on all sides of simultaneously; encircle. 2. To enclose or confine on all sides so as to bar escape or outside communication. n. areas, and owns an oil & gas royalties' interest. The vision of the Company is in addition to internal growth, to develop holdings in various industries through acquisition of existing companies, applying the financial resources and management expertise to foster the growth and profitability of the acquired businesses. The holding company serves as a financial and professional partner to the management of the subsidiaries. The role of the holding company is to improve each subsidiary's access to capital, achieve economies of scale by consolidating administrative functions, and utilize the financial and management expertise of corporate personnel across all units. The Company is continuing to work with management of the subsidiary companies to improve revenues, operations and profitability. |
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