AmeraMex International, Inc. (OTCQB: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling $547,000 which brings year-to-date sales up to $10.6 million.
The orders consist of the following equipment:
One Taylor TS-9972 Reach Stacker shipping to a customer in Houston.
One ASV RT-75 Posti-Tract Steer Loader shipping to a landscaping company on the West Coast.
One Kovaco Electric MiniZ-400 Skid Steer Loader shipping to a customer in Utah.
The Company also announced that it has filed an extension with the SEC to delay filing of the Company’s first quarter 10-Q. According to CFO Hope Stone, there is a new ASC842 rule for lease accounting issued by the Financial Accounting Standards Board ( FASB ). This new standard contains guidance on the accounting and financial reporting for agreements meeting the standard’s definition of a lease. The Company is in the process of adapting the new standard with its existing Accounting Software and expects to report first quarter financials by Friday, May 20, 2022.
For more information and pricing of equipment for the logistics, construction, and forestry industries, or to book a demonstration of the Kovaco Electric’s 100 percent electric skid steer loaders, ASV Posti-Tract and Skid Steer Loaders, Menzi Muck Excavators or a Magni Telescopic Handler, contact the AmeraMex/Hamre Equipment sales team at 530.895.8955.
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