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American International Industries Inc. Trading On the OTC: Bulletin Board.

Business Editors

KEMAH, Texas--(BUSINESS WIRE)--March 21, 2001

American International Industries Inc. (EDII) today announced that it has previously completed filing of all reports with the SEC under the Exchange Act and has received notice from the SEC that they have no further comments regarding the Exchange Act Reports of the company. Daniel Dror, chairman and CEO of EDII stated that "EDII is current under the Exchange Act requirements and has now been approved by the NASD to have EDII shares again quoted on the OTC: Bulletin Board."

American International Industries Inc. is a rapidly growing holding company. The company has holdings in industry, finance, real estate, and oil & Gas. The vision of the company is 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 economics of scale by consolidating administrative functions, and utilize the financial and management expertise of corporate personnel across all units. EDII is continuing to work with management of the subsidiary companies to improve revenues, operations and profitability.
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Publication:Business Wire
Date:Mar 21, 2001
Words:213
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