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Biotech / Medical : Amelot Holdings Inc.
AMHD 0.0002000.0%Dec 12 9:30 AM EST

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To: Boryh who wrote (86)3/15/1998 11:14:00 PM
From: Boryh   of 201
 
For those of you who want to get in on the ground floor of
An heirloom stock (the kind you hold for a lifetime and then bequeath to your heirs)
Here is a first class example.

February 17, 1998
Little Rock, AR - Ammonia Hold, Inc. (OTC BB: AMHD) today announced financial results for the second quarter ended December 31, 1997. Revenues were $249,822 as compared to revenues of $329,806 for the second quarter ended December 31, 1996. Net income for the second quarter was $3,360 compared with a net loss in quarter ended December 31, 1996 of $561,105.

BUSINESS OUTLOOK
---The Company expects revenue for the third quarter to be in excess of $400,000.
---Net income in excess of $50,000.
---Initial shipments of Ammonia Hold for application in the composting of municipal biosolids to begin in the third quarter.
---The Board has authorized the repurchase of up to 1 million shares of Ammonia Hold common stock on the open market subject to market conditions.

The market cap. Is greater than $15 M
With only 6.08M shares outstanding and only a 4.3 M shares float !!

Boryh,
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