AMMO, Inc. Enters into a Significant Import/Export Transaction for 7.62mm Ammunition
January 14 2021 - 1:50PM
AMMO, Inc. (Nasdaq: POWW ) (“AMMO” or the “Company”), a premier
American ammunition and munition components manufacturer and
technology leader, is pleased to announce it has entered into a
significant international transaction involving 7.62mm ammunition.
“We have maintained focus on diversifying our
business while our team works tirelessly to address the continuing
significant US market ammunition demand. It is important to foster
relationships overseas in the commercial, law enforcement and
military markets, while we address the current US market needs –
now, more than ever”, said Fred Wagenhals, AMMO’s Chairman and CEO.
Mr. Wagenhals further noted that “the import/export markets are
opening up again and we are seeing success in securing
relationships which have resulted in this transaction and our
reasonable expectation of many more to follow in the coming months
involving our innovative suite of products.”
About AMMO, Inc.
With its corporate offices headquartered in
Scottsdale, Arizona. AMMO, Inc. (the “Company and/or AMMO”) designs
and manufactures products for a variety of aptitudes, including law
enforcement, military, sport shooting and self-defense. The Company
was founded in 2016 with a vision to change, innovate and
invigorate the complacent munitions industry. AMMO promotes branded
munitions as well as its patented STREAK™ Visual Ammunition,
/stelTH/™ subsonic munitions, and armor piercing rounds for
military use. For more information please
visit: www.ammo-inc.com.
Forward Looking Statements
This document contains certain “forward-looking
statements”. All statements other than statements of historical
fact are “forward-looking statements” for purposes of federal and
state securities laws, including, but not limited to, any
projections of earnings, revenue or other financial items; any
statements of the plans, strategies, goals and objectives of
management for future operations; any statements concerning
proposed new products and services or developments thereof; any
statements regarding future economic conditions or performance; any
statements or belief; and any statements of assumptions underlying
any of the foregoing.
Forward looking statements may include the words
“may,” “could,” “estimate,” “intend,” “continue,” “believe,”
“expect” or “anticipate” or other similar words, or the negative
thereof. These forward-looking statements present our estimates and
assumptions only as of the date of this report. Accordingly,
readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the dates on
which they are made. We do not undertake to update forward-looking
statements to reflect the impact of circumstances or events that
arise after the dates they are made. You should, however, consult
further disclosures and risk factors we include in Annual Reports
on Form 10-K, Quarterly Reports on Form 10-Q, and Reports filed on
Form 8-K.
Investor Contact:Rob Wiley,
CFOAMMO, Inc.Phone: (480) 947-0001IR@ammo-inc.com
AMMO (NASDAQ:POWW)
Historical Stock Chart
From Aug 2024 to Sep 2024
AMMO (NASDAQ:POWW)
Historical Stock Chart
From Sep 2023 to Sep 2024