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Posted On: 12/04/2018 7:17:12 PM
Post# of 235
OKLAHOMA CITY, Dec. 04, 2018 (GLOBE NEWSWIRE) -- 665 Energy, Inc. (OTCBB: SSOF), formerly Sixty Six Oilfield Services, Inc., today reports that it has elected to cancel the previously announced Letter of Intent ("LOI"
under which the Company would be acquired for cash and stock by 10sion Holdings, Inc. This termination was a mutual decision by both parties.
665 Energy will seek to continue to organically grow and develop the Company with the planned expansion of current operations, and will seek local acquisitions to add to future revenue. Further, 665 Energy will now proceed with internal plans to complete the full financial audit of the Company and a Registration statement as soon as practically possible.
under which the Company would be acquired for cash and stock by 10sion Holdings, Inc. This termination was a mutual decision by both parties. 665 Energy will seek to continue to organically grow and develop the Company with the planned expansion of current operations, and will seek local acquisitions to add to future revenue. Further, 665 Energy will now proceed with internal plans to complete the full financial audit of the Company and a Registration statement as soon as practically possible.
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