DOES ANYONE HAVE EXPERIENCE WITH AMMO,INC

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I am researching a company from the Phoenix area for investment .
The name is AMMO ,INC. They make regular ammo, patented Ammo and own GUNBROKER.com. I have been unable to locate any of their ammo at any retailer or on their website. Does anyone on this Forum have experience with this ammo and if you do, how is it priced ? I was just trying to get some 9mm and .38 Special.
 
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I have some of their .45 defensive. Bought some last year at $20/20. Ran a box through my full size .45 m2 with no issues.
 
Thank you

The company has some interesting new products that are patented. They have doubled their production and sales 100% for 3 years. I just cannot locate any of their products. GUNBROKER .COM added $2 million to earnings. They sell online and thru big box and LGS. The P/E is high but they are growing like crazy. Earnings swung from loss to profit in report that came out Monday AUGUST 16th.
 
I find brass with their headstamps at my range on a regular basis. Safe to say that it does go bang. Remembering back to the ammo drought that followed that school shooting about 10 years ago, I recall a lot of these newbie ammo makers suddenly sprung up out of nowhere. That also seemed to mark the top on the ammo and component shortages. Hard to say if the current situation will be a mirror of the past. This time is somewhat different as it was fueled by civil unrest and foolish anti police rhetoric.
 
I already own some of their stock that I purchased prior to their acquisition of GunBroker. So far their price has remained pretty flat after their initial run-up even with buying GB and announcing plans for a new ammunition plant sometime early next year. As with many smaller stocks, it's not so much about how well the company is actually doing but more about how much interest the professional traders are giving it that determines the price. I don't know if their niche/"boutique" ammo, their new plant and owning GB is ever going to blow up their stock price, but I was willing to take a small position (100 shares) at the time and now I'm also willing to wait and see.

But it may take a while... ;)
 
NEW PLANT in WISC.

Finally got a helpful person on phone at AMMO,INC in Scottsdale.
New plant in Wisc. will be open end of 2022. Then they can triple production. Currently running 3 shifts at existing plants. Reason for opening new plant in Wisc. is that is where their brass manufacturing plant is located. They are currently making mostly target ammo as that is what market demands. Making all calibers but a big focus on 9mm and 5.56. Currently NOT making the patented tracer ammo . They do have Government contracts.
I have been buying the stock but it has high P/E. They will need to triple earnings to get P/E down to reasonable levels.
 
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