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, |