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To: KZAP who wrote (96040)11/15/2001 3:14:22 AM
From: Taki  Respond to of 150070
 
EDII also owns UCCC a stock on pinks that the ask is at .13, and 300% higher than the parent EDII.When will the day come for it to rock?
Great Earnings below, and to be profiled, on a news letter,read below, and the stock at .0375
on a .02 per share earnings= two PE.

KEMAH, Texas--(BUSINESS WIRE)--Nov. 13, 2001--American
International Industries Inc. (OTCBB:EDII) reports net income of
$866,384 for the quarter ended Sept. 30, 2001 compared to net income
of $64,473 for the same period in the previous year. For the nine
months ended Sept. 30, 2001 the company reported net income of
$2,365,710 or $0.02 per share, which compares to a year-to-date loss
last year of $478,357.
John W. Stump, III, chief financial officer, explained that during
the current quarter, the sale by the Company's Real Estate Division of
Houston property, having a cost basis of $54,000, yielded proceeds of
$427,500. Northeastern Plastics reported operating income of $376,445
and Unlimited Coatings posted profits of $28,624. Also contributing to
the current quarter results, the Company recorded a $150,000
adjustment related to the cancellation of shares of Company stock
which had been issued during the first calendar quarter as consulting
expense. Efforts to reduce property tax assessments resulted in the
significant reduction of the reserves necessary to satisfy those
obligations. This resulted in a $140,000 reduction in tax expenses.

By: NetFinancer
Reply To: None Wednesday, 14 Nov 2001 at 7:59 PM EST
Post # of 3878


Edii Considered for profile at PennyMarkets.com

PennyMarkets.com searches for companies that have a strong potential for growth. We feel Edii has that potential, and is being considered for Profile.

thanks



By: OBCO1 $$$
Reply To: None Wednesday, 14 Nov 2001 at 8:49 PM EST
Post # of 3878


Hammerman where's this rumor coming from with UCCC? Why would EDII buy it back? They own 92% of UCCC. UCCC announced a few months ago they were aquiring a similiar company to their own in the bedliner product in the houston area. Whay dont you come over to UCCC and EDII boards?