American Ammunition Inc (AAMU.OB) Increases Ammunition Sales by 25 Percent
About 1,134 companies in 98 countries around the world are in some way involved in the production of small arms and ammunition. Civilians purchase more than 80 percent of the firearms manufactured each year, according to GlobalIssues.org.Though all small arms and light weapon possession might not be legal, about 500 million small arms are in circulation around the world – and someone has to supply the ammunition. American Ammunition Inc. (OTC BB: AAMU) was formed in 1983, and became public in 2001. The ammunition manufacturer focuses on the small arms ammunition market, supplying ammunition across the globe for commercial, law…