Latest Energy Services Acquisition Corp (ESOA) Hea
Post# of 11
Energy Services of America Completes Restructuring
PR Newswire - Tue Feb 18, 2:30PM CST
Energy Services of America (OTC: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today that it terminated the Engagement of Centrus Group, Inc. to Provide Professional Services ("Engagement") dated September 4, 2013. Centrus had previously been appointed as "Restructuring Agent" as required by the Forbearance Agreement ("Forbearance") ESOA entered into with its lenders on November 28, 2012. Under the Engagement, the scope of Centrus' duties were limited to "Financial Advisor." With the new debt financing agreement ESOA entered into on January 31, 2014, the Forbearance was terminated and the Engagement with Centrus was no longer required.
Energy Services Of America Announces Debt Refinancing
PR Newswire - Tue Feb 04, 12:00PM CST
Energy Services of America (OTC: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today that it closed on a new financing agreement with its secured lenders on January 31, 2014. As a result of the new financing agreement, the company is no longer subject to the forbearance agreement the company had been working under since November 28, 2012.
Energy Services of America Releases September 30, 2013 Results
PR Newswire - Fri Dec 20, 9:30AM CST
Energy Services of America (OTC: ESOA) announced today that for the year ended September 30, 2013 the company earned $3,570,206 compared to a loss of $48,522,177 for the year ended September 30th, 2012. For the quarter ended September 30, 2013 the company earned $2,597,358 on revenue of $30,396,098; this compares to a loss of $43,732,481 on revenue of $26,791,399 for the quarter ended September 30, 2012.