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Posted On: 10/31/2024 2:21:09 PM
Post# of 102282
AZRH dollars are coming folks controlled.nyc $AZRH Instagram update:
https://www.instagram.com/p/DBylPp_RwKe/?igsh...ZmOXM3dg==
#controlledby American Industries $AZRH and our newest division - Super Advanced Downhole Solutions - led by our joint venture with Coil Tubing Technologies. We anticipate a close any day now.
The joint venture will contribute $14.0M in brand new Coil Tubing Technologies (“CTT”), 3 tool companies with existing operations that are primed to be scaled, a state of the art storeroom and Office in North Central Houston 15 minutes south of The Woodlands, and the exclusive right to distribute and manufacture the Broad set of Technologies developed by CTT to a wholly owned subsidiary owned 100% by American Industries, with a 50% profit distribution to American Industries and a a 50% profit distribution to CTT.
When asked about the transaction, “This is an easy sell, I’m already in discussions with EOG, Chevron, Conoco, and pretty much everybody that’s relevant while we look for the right sales guys to hire in West and South Texas,” said William France of American Industries.
When asked about the motivation for the transaction, Jeff Chestnut of CTT said “It’s a no brainer for me. I have the tools, I have the knowledge, but Oil Field Services AI and CST have the presence that we need to sell $2.0 - $5.0 Million a month in tools and tool rentals.” AZRH getting that LOI done with Button next merger coming in https://www.instagram.com/controlled.nyc/
Also new reel looking like they are working out the LOI to me because they are discussing financials.
https://www.instagram.com/stories/controlled....294422026/ my earlier post AZRH recap dirt cheap here So far the preliminary numbers were CST Oil 17M Rev, which is done, Button 60M Rev which hopefully get that LOI this week, and Quail 20M Rev, which may be delayed as the owner of Quail wants 10M up front and Cohen said he is considering it but we don't know yet whether he will. Cohen's original estimate in his early videos was $3 to $5 a share based on all those coming in. Since then a few more tack on mergers have been discussed like Coil Tubing's 14M assets and some smaller companies bringing in a potentail 1M to 8M Rev. He also stated that in the time frame of uplisting to the Nasdaq within 12 to 18 months, which is currently in processs, we could see share price of $5 to $10 per share in that time frame with no dilution of the stock. He indicated that they would not add shares until 100M to 150M market cap and uplist on the Nasdaq so with a 15M float you are looking at a $7 to $10 PPS before they MAY begin to add more shares to trade.
Of course all of this is predicated on all of these things occuring. CST is a done deal and Button is likely to follow. Quail is a guess at this point but I am hopeful. I would hope that within 3 to 4 months we could see the $2 to $5 PPS share range depending on how the market reacts and of course what happens in the US energy wise.
https://www.instagram.com/p/DBylPp_RwKe/?igsh...ZmOXM3dg==
#controlledby American Industries $AZRH and our newest division - Super Advanced Downhole Solutions - led by our joint venture with Coil Tubing Technologies. We anticipate a close any day now.
The joint venture will contribute $14.0M in brand new Coil Tubing Technologies (“CTT”), 3 tool companies with existing operations that are primed to be scaled, a state of the art storeroom and Office in North Central Houston 15 minutes south of The Woodlands, and the exclusive right to distribute and manufacture the Broad set of Technologies developed by CTT to a wholly owned subsidiary owned 100% by American Industries, with a 50% profit distribution to American Industries and a a 50% profit distribution to CTT.
When asked about the transaction, “This is an easy sell, I’m already in discussions with EOG, Chevron, Conoco, and pretty much everybody that’s relevant while we look for the right sales guys to hire in West and South Texas,” said William France of American Industries.
When asked about the motivation for the transaction, Jeff Chestnut of CTT said “It’s a no brainer for me. I have the tools, I have the knowledge, but Oil Field Services AI and CST have the presence that we need to sell $2.0 - $5.0 Million a month in tools and tool rentals.” AZRH getting that LOI done with Button next merger coming in https://www.instagram.com/controlled.nyc/
Also new reel looking like they are working out the LOI to me because they are discussing financials.
https://www.instagram.com/stories/controlled....294422026/ my earlier post AZRH recap dirt cheap here So far the preliminary numbers were CST Oil 17M Rev, which is done, Button 60M Rev which hopefully get that LOI this week, and Quail 20M Rev, which may be delayed as the owner of Quail wants 10M up front and Cohen said he is considering it but we don't know yet whether he will. Cohen's original estimate in his early videos was $3 to $5 a share based on all those coming in. Since then a few more tack on mergers have been discussed like Coil Tubing's 14M assets and some smaller companies bringing in a potentail 1M to 8M Rev. He also stated that in the time frame of uplisting to the Nasdaq within 12 to 18 months, which is currently in processs, we could see share price of $5 to $10 per share in that time frame with no dilution of the stock. He indicated that they would not add shares until 100M to 150M market cap and uplist on the Nasdaq so with a 15M float you are looking at a $7 to $10 PPS before they MAY begin to add more shares to trade.
Of course all of this is predicated on all of these things occuring. CST is a done deal and Button is likely to follow. Quail is a guess at this point but I am hopeful. I would hope that within 3 to 4 months we could see the $2 to $5 PPS share range depending on how the market reacts and of course what happens in the US energy wise.
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