ATTENTION ON EDII AND WHY I THINK IS GOING TO BE A BIG WINNER FOR 1999.
The stock is dirt cheap at .205, the company to apply for Nasdaq.
There will be no reverse split to get on Nasdaq, and the company
very confident for 1999. The company anticipates a lot of good news
to come,and $1.00 per share and above to get on Nasdaq with no reverse split.It is a reporting company and here take a look what
this company has done in just one year.
American International Industries Inc. Files Form 10-SB With The Securities & Exchange Commission
Business Wire - December 30, 1998 15:14
Go to this link also and see all the goods on this company.You will be
very impress.I smell a big winner here. Do some DD and you will see.
americanii.com
KEMAH, Texas--(BUSINESS WIRE)--Dec. 30, 1998--American International Industries Inc. (OTCBB:EDII) announced today that the Company has filed Form 10-SB with the Securities and Exchange Commission. The filing was made via the SEC EDGAR system on December 30, 1998.
Daniel Dror, chairman and CEO, commented: "We are pleased to present up-to-date information, which is now available to investors over the Internet. For easy access we have provided a link to the EDGAR system on our web page 'www.americanii.com' where the entire Form 10-SB and Financial Statements can be reviewed. We are proud to be a 'Fully Reporting' company. As a fully reporting company, we are required to issue timely quarterly financial statements and operating results by filing Form 10-QSB and annual reports on Form 10-KSB. We appreciate the patience and confidence of our investors during the times when this information was not publicly available. Management is committed to continue its mergers and acquisitions plan, adding to the enhancement of shareholders' value."
Highlights of the Company's financial statistics include:
Dec. 31, 1997 Sept. 30, 1998 % Change
------------- -------------- --------
Revenues (For 3rd. Quarter) 625,000 4,606,533 737%
Cash 62,991 2,527,143 4,012%
Working Capital 344,093 2,952,230 858%
Stockholders Equity 3,488,728 11,457,020 328%
Total Assets 4,588,081 19,311,820 421%
American International Industries Inc. is a rapidly growing holding company. The Company has holdings in industry, finance, media/communications, real estate, and oil & gas. The vision of the Company is to develop holdings in various industries through acquisition of existing companies. Applying the financial resources and management expertise to foster the growth and profitability of the acquired businesses, the holding company serves as a financial and professional partner to the management of the subsidiaries. The role of the holding company is to improve each subsidiary's access to capital, achieve economies of scale by consolidating administrative functions, and utilize the financial and management expertise of corporate personnel across all units. EDII continues to work with management of the subsidiary companies to improve revenues, operations and profitability.
This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, continued acceptance of the company's products and services, increased levels of competition, new products and technology changes, the company's dependence on financing, third-party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filing, annual reports, offering memorandum or prospectus.
CONTACT: American International Industries Inc., Kemah
John Stump or Rebekah Ruthstrom, 281/334-4764
Websites: www.americanii.com and
www.jstocks.com/american.htm |
