AmeraMex International Postpones Year-End Financial Conference

Rhea-AI Summary

AmeraMex International (OTCQB:AMMX) has announced a 15-day extension to file its 2020 year-end Form 10K, now due by April 15, 2021. The extension follows a postponement of the year-end conference call initially scheduled for March 29, 2021, due to CEO Lee Hamre's emergency appendectomy. CFO Hope Stone cited challenges stemming from working remotely and coordination issues with auditors as reasons for the delay. The company aims to keep shareholders updated and promises an upcoming announcement regarding the new call date.

Positive

• The company is proactive in addressing the filing extension, ensuring compliance with regulations.
• Management is committed to keeping shareholders informed with upcoming announcements.

Negative

• The postponement of the conference call may lead to uncertainty among investors.
• Challenges in coordination with auditors could indicate underlying operational inefficiencies.

AmeraMex to file a Form 12b-25 for a 15-calendar day extension

CHICO, CA / ACCESSWIRE / March 26, 2021 / AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and forestry conservation, has postponed its 2020 year-end conference call scheduled for Monday, March 29 at 10:00 a.m. Pacific Time, 1:00 p.m. Eastern Time.

The Company also announced that it is filing a Form 12b-25 for a 15-calendar day filing extension. The year-end Form 10K will now be filed on or before April 15, 2021 before 2:30 p.m. Pacific time

The Company's year-end conference call was postponed due to AmeraMex CEO, Lee Hamre, having an emergency appendectomy, this week, and the delayed filing of its Form 10K for 15 calendar days.

AmeraMex CFO Hope Stone commented, "Like most companies our size, we have a small accounting team which continues to work from home due to our county being on the highest ‘lock down' status until just recently. This situation, combined with that of our auditors, who are also working from home, made things more difficult, like taking a physical inventory or getting the audit finished in time to complete and file our Form 10K by the March 31, 2020 deadline.

"We look forward to speaking with our shareholders as we are pleased with what we have accomplished for 2020. A news release will be disseminated shortly with the new date of the conference call."

About AmeraMex International

AmeraMex International sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company, serving a US and international customer base, has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional company information, equipment videos, equipment inventory and pricing.

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SOURCE: AmeraMex International, Inc.

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FAQ

What is the reason for AmeraMex's filing extension for Form 10K?

AmeraMex is filing a 15-day extension due to operational challenges related to the CEO's emergency medical situation and remote working conditions.

When will AmeraMex file its year-end Form 10K?

AmeraMex plans to file its year-end Form 10K on or before April 15, 2021.

Why was the year-end conference call postponed?

The year-end conference call was postponed due to CEO Lee Hamre's emergency appendectomy.

What is the new date for the AmeraMex year-end conference call?

The new date for the AmeraMex year-end conference call will be announced shortly.