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SCOTTSDALE, Ariz., June 24, 2020 (GLOBE NEWSWIRE) — AMMO, Inc. (POWW) (“AMMO” or the “Company”), a arch American armament and armament apparatus architect and technology leader, has accustomed a six-figure acquirement adjustment from a European law administration bureau for fully-loaded ammunition.
The acquirement adjustment is for .338 and .50 ability ammunition, including both approved circuit and AMMO’s patented armor acute rounds. The Company has already accustomed an antecedent drop to activate assembly aural the abutting 90 canicule and expects to activate accomplishing the acquirement adjustment starting in its budgetary third quarter. All circuit for the acquirement adjustment will be produced out of AMMO’s ability amid in Manitowoc, WI.
“As restrictions implemented from the COVID-19 communicable activate to ease, we are experiencing an access in appeal for our ample ability armament offerings from abeyant all-embracing barter in the aggressive and law administration channel,” said Mark Hanish, AMMO’s admiral of all-around sales & marketing. “This latest acquirement adjustment added solidifies our aplomb that orders in this approach will appear to accomplishment over the abutting several abode as entering absorption has decidedly increased. We accept we are adorable with the advance we fabricated in accretion our accomplishment capabilities to abide active on the acute appeal that is accepted above both of our channels through our budgetary year and beyond.”
About AMMO, Inc.AMMO was founded in 2016 with a eyes to change, innovate and activate the conceited ammunition industry. The Company designs and articles articles for a array of markets, including law enforcement, military, hunting, action cutting and self-defense. AMMO promotes branded munitions, including its patented STREAK™ Visual Ammunition, /stelTH/™ subsonic munitions, O.W.L. Technologies®, and Night OPS (One Precise Shot) – a lead-free brittle appropriate band of ammunition for self-defense. The Company’s accumulated offices are headquartered in Scottsdale, Arizona. Accomplishment operations are based in both arctic Arizona and Manitowoc, Wisconsin. For added advice amuse visit: www.ammoinc.com.
Forward Attractive StatementsThis certificate contains assertive “forward-looking statements”. All statements added than statements of actual actuality are “forward-looking statements” for purposes of federal and accompaniment balance laws, including, but not bound to, any projections of earnings, acquirement or added banking items; any statements of the plans, strategies, goals and objectives of administration for approaching operations; any statements apropos proposed new articles and casework or developments thereof; any statements apropos approaching bread-and-butter altitude or performance; any statements or belief; and any statements of assumptions basal any of the foregoing.
Forward attractive statements may accommodate the words “may,” “could,” “estimate,” “intend,” “continue,” “believe,” “expect” or “anticipate” or added agnate words, or the abrogating thereof. These advanced statements present our estimates and assumptions alone as of the date of this report. Accordingly, readers are cautioned not to abode disproportionate assurance on advanced statements, which allege alone as of the dates on which they are made. We do not undertake to amend advanced statements to reflect the appulse of affairs or contest that appear afterwards the dates they are made. You should, however, argue added disclosures and accident factors we accommodate in Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Reports filed on Form 8-K.
In our filings with the Balance and Exchange Commission, references to “AMMO, Inc.”, “AMMO”, “the Company”, “we,” “us,” “our” and agnate agreement accredit to AMMO, Inc. and its wholly endemic operating subsidiaries The Enlight Group (d/b/a Jagemann Armament Components), SNI, LLC and Ammo Technologies, Inc.
Investor Contact:Cody SlachGateway Investor RelationsPhone: (949) [email protected]
Format Purchase Order Five Things About Format Purchase Order You Have To Experience It Yourself – format purchase order
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