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Biotech / Medical : Amelot Holdings Inc.
AMHD 0.0002000.0%Dec 5 4:00 PM EST

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To: Boryh who wrote (113)5/12/1998 11:35:00 PM
From: Boryh  Read Replies (1) of 201
 
FYI

This company promise.

Source - biz.yahoo.com

LITTLE ROCK, Ark., Feb. 17 /PRNewswire/ -- Ammonia Hold, Inc. (OTC Bulletin Board: AMHD - news)

"BUSINESS OUTLOOK
 The company expects revenue for the third quarter 1998 to be in excess of $400,000.
 Third quarter net revenue is projected in excess of $50,000.
 Initial shipments of Ammonia Hold for application in the composting of municipal biosolids will begin in the company's third quarter.
 The company's board of directors has authorized the repurchase of up to one million shares of Ammonia Hold common stock on the open market, subject to market conditions. "

This company report.

Source- biz.yahoo.com

LITTLE ROCK, Ark., May 8 /PRNewswire/ -- Ammonia Hold, Inc. (OTC Bulletin Board: AMHD - news) today announced financial results for the third quarter ended March 31, 1998. Revenues were $360,236 as compared to revenues of $270,550 for the third quarter ended March 31, 1997. Net income for the third quarter was $68,563 compared with a net loss in quarter ended March 31, 1997 of $112,288.

Now we have something else!

Michael D. Parnell, President and CEO, stated, ''We are pleased with the improvement in our business and will continue to see strong growth going forward. Our patented products will help address the issue of nutrient overloading of soils that the Animal Agricultural Reform Act is targeting regarding animal waste. We also continue to see increased consumer demand for our pet products, specifically the litter and litter additive. Our balance sheet continues to remain strong with $2.67 million in cash and no long-term debt.''
In April, Ammonia Hold, Inc. announced plans to purchase Super Dry industries, a manufacturer of oil and grease absorbents and ''Litter Purrferred'' cat litter. Super Dry had revenues of approximately $1.6 million in 1997. This acquisition should be completed within 30 days and fully integrated into Ammonia Hold's operations by the end of the fourth quarter.

I am going to dig more about Animal Agricultural Reform Act.

Boryh,

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