Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII -- Ignore unavailable to you. Want to Upgrade?

To: Don Metzger who wrote (4563)	2/4/1999 2:54:00 PM
From: Needticker	Respond to of 4814

One more step up the stairway. American International Industries, Inc. Announces That Its Wholly Owned Subsidiary, Texas Real Estate Enterprises, Inc. Realized a Significant Profit on Sale of Downtown Houston Office Building KEMAH, Texas, Feb. 4 /PRNewswire/ -- American International Industries, Inc. (OTC Bulletin Board: EDII) announced today that its Real Estate investment subsidiary Texas Real Estate Enterprises, Inc. ("TREE") realized an after-tax cash profit of approximately $500,000, related to its contract on the Commerce Building, a twenty-eight story, 550,000 square foot office building located at 914 Main Street, Downtown Houston. John W. Stump, Chief Financial Officer stated, "The Company had acquired an option to buy the building and subsequently negotiated the sale of the building to Whitney Jordan Equities, Inc. Closing of the transaction took place February 1, 1999 at Houston Title Company. The demand in the Houston real estate market continues to be strong. TREE owns other properties and is considering additional investments in the Houston office and apartment markets." 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. SOURCE American International Industries CO: American International Industries; Texas Real Estate Enterprises, Inc. ST: Texas IN: RLT SU: 02/04/99 12:16 EST prnewswire.com

To: Don Metzger who wrote (4563)	2/6/1999 11:01:00 PM
From: BigDaddyMac	Read Replies (1) \| Respond to of 4814

Man that is great that the company says they made 500k, now they can take that money and buy more bullshit money ass losing oil wells from Danny Dror Trust fund and dump them into the barrel of horse crap that they call their " HOLDINGS ", Did Danny forget to mention that if the wells were bringing in 120k a year when oil was 20 bucks per barrel and that was only good for 3-5 years before they were tapped out, now that oil is 11 bucks per barrel, GREAT DEAL FOR YOU AND YOUR FAMILY DANNY, now the wells that EDII owns are probably losing money. Danny, I haven't seen the volume really taking off like I expected it to since you are going to buy 10% of the company shares, but opps, thats what this 500k will be used for, buy some of your shares, say 1 buck each, that is fair, since you, and yes some of George Guttman at say 50 cents per share since you and him scammed shareholders of EDII with your BS about the big bad land sale to Marvin Davis. That was going to bag the company 11 million bucks, Well Danny, what are you doing with that land now that your ego got burned by Davis and he built a pipe line right around you. Oh yes, where is Top Dog talking about that news release, OH YES, THE SEC HAS THAT SI POST ALONG WITH GEORGE GUTTMANS TAPED PHONE CALLS LOL imho mitchell Danny you should make money the real way, you should work for it, not scam investors. But in the end all people who scammed get it back, just wait till you see what happens here very shortly with MTEI