Kemah, Texas - April 2, 2001 American International Industries, Inc.
(OTCBB: EDII) today announced that it has filed its Form 10-KSB for the fiscal
year ended December 31, 2000. Filings may be accessed via www.freeedgar.com.
John W. Stump III, Chief Financial Officer of EDII stated that "The Company
continues to be current under the reporting requirements of the Exchange Act."
American International Industries, Inc. is a rapidly growing holding company. The company has holdings in Industry, Finance, Real Estate, and Oil & Gas. The vision of the Company is to develop holdings in various industries through acquisition of existing companies, applying the financial resources and management expertise to foster the growth and profitability of the acquired businesses. The holding company serves as a financial and professional partner to the management of the subsidiaries. The role of the holding company is to improve each subsidiary's access to capital, achieve economics of scale by consolidating administrative functions, and utilize the financial and management expertise of corporate personnel across all units. EDII is continuing to work with management of the subsidiary companies to improve revenues, operations and profitability.
Contact:
American International Industries Inc., Kemah
Investor Relations: Rebekah Ruthstrom Tel: 281-334-9479
email: aiii@wt.net
email: aiii@wt.net