and-approved

HOUSTON and KEMAH, Texas, Feb. 5, 2010 (GLOBE NEWSWIRE) — Delta Seaboard Well Service, Inc. (Delta), a majority-owned subsidiary of American International Industries, Inc. (Nasdaq:AMIN), announced today that the board of directors of Hammonds Industries, Inc. (Hammonds) (Pink Sheets:HMDI), has ratified and approved the Reverse Merger Agreement dated August 13, 2009, regarding the reverse merger of Delta into Hammonds. Also, Hammonds’ board of directors appointed Daniel Dror, Sherry Couturier, Rob Derrick, Jr., Ron Burleigh, and Steven Plumb to the Hammonds board. The newly appointed board accepted the resignations of Carl Hammonds, John Stump, III, and Richard Richardson as officers and directors of Hammonds.

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Update on Status of Reverse Merger Between Delta Seaboard Well Service, Inc. and Hammonds Industries, Inc.

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As Detroit Public Schools officials take on a handful of real estate firms on an accusation of taking exorbitant profit, companies involved say the deals were on the up-and-up and approved by the school district.

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Real estate firms defend profits in Detroit Public Schools deals (Crain’s Detroit Business)

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