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I only have 5,000 shares left of MMIO after the R/S but I'm going to keep it for awhile and see where it leads. Seems like good news with Kuwait and Mexico can make the PPS move a little higher in the near future. However, whatever the amount that Kuwait and Mexico are paying MMIO is very little in my opinion.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
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I'm actually still feeling good about my R/S shares that I now own. After reading the latest announcement from the company, I feel very confident in its future. They just moved to a larger building a few month's ago, and are again needing to expand. Sounds positive to me. Oh sure, they have had/will have bumps along the way, but I'm sticking tight.
Posts: 43 | Registered: Aug 2005
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Marmion Industries Corp. Announces Receipt of Letter of Intent of Contract in Excess of $400,000 2/6/06
Feb 06, 2006 /PRNewswire-FirstCall via COMTEX/ -- Marmion Industries Corp. (OTC Bulletin Board: MMIO) announced today the receipt of a Letter of Intent from DT Construction of Humble, Texas to perform the HVAC renovations for the Pasadena Independent School District. Marmion provided a quote which would generate approximately $350,000-$400,000, if ultimately accepted by DT Construction. While Marmion has received oral assurances regarding acceptance of their quote, a final contract has not yet been delivered and all terms will be disclosed once a final contact has been signed. A final contract is expected to be signed in the next two weeks. However, there are no assurances that Marmion will be awarded the contract. The project which was part of a public solicitation process involves four schools in the district and is due to commence in Mid March 2006. "We are pleased with the news of this Letter of Intent which could ultimately result in revenues to Marmion in excess of $400,000.00. We are very excited to see the development and growth of our business as we are now actively working to expand into the commercial market, thanks to the support and investment of our shareholders," says W. H. Marmion, III, President, Marmion Industries Corp.
Marmion Industries Corp. (http://www.marmionair.com ) is a specialty company that manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers. The explosion-proof market encompasses industries including oil and gas exploration and production, chemical plants, graineries and fuel storage depots. Additionally there is significant demand for these systems anywhere sensitive computer systems and analyzation equipment is located. Recognized by the Texas Dept. of Licensing and Regulation (TACLA019367C) as a contractor in the field of Heating Ventilation and Air Conditioning, as well as the Louisiana State Licensing Board of Contractors (Lic. No. 44001) as a contractor in the field of Commercial Heating Ventilation and Air Conditioning and Sheetmetal. The Company commenced residential and commercial HVAC service operation in Texas in 1998 and has since provided specialty service to Fortune 500 clientele.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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Marmion Industries Corp. Announces Contract for $82,935.00 for City Hall Project Wednesday February 8, 12:23 pm ET
HOUSTON, Feb. 8 /PRNewswire-FirstCall/ -- Marmion Industries Corp. (OTC Bulletin Board: MMIO - News), a leading provider of industrial and commercial HVAC equipment and services, announced today the receipt of a subcontract with Teal Construction Company in the amount of $82,935.00. Teal Construction Company and Clute City Hall have entered into a contract for the construction of Clute City Hall in Clute, Texas. Teal Construction Company has subcontracted all of the HVAC work to be performed in the Clute City Hall project to Marmion Industries Corp.
"This contract represents our expansion into the commercial sector and clearly demonstrates the confidence that the market has in our company. We will continue to quote various commercial construction jobs and expect to receive very positive feedback from the contractors we are working with," says W. H. Marmion, III, President, Marmion Industries Corp.
Marmion Industries Corp. (http://www.marmionair.com ) is a specialty company that manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers. The explosion-proof market encompasses industries including oil and gas exploration and production, chemical plants, graineries and fuel storage depots. Additionally there is significant demand for these systems anywhere sensitive computer systems and analyzation equipment is located. Recognized by the Texas Dept. of Licensing and Regulation (TACLA019367C) as a contractor in the field of Heating Ventilation and Air Conditioning, as well as the Louisiana State Licensing Board of Contractors (Lic. No. 44001) as a contractor in the field of Commercial Heating Ventilation and Air Conditioning and Sheetmetal. The Company commenced residential and commercial HVAC service operation in Texas in 1998 and has since provided specialty service to Fortune 500 clientele.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein the statements in this news release are forward- looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.
-------------------- Greedy Because I'm Broke!! Posts: 2093 | From: Leaving Your House | Registered: Apr 2004
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