AZRH Merger agreement posted on instagram https://
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Posted On: 10/19/2024 6:36:11 PM
AZRH Merger agreement posted on instagram https://www.instagram.com/controlled.nyc/p/DB...mg_index=1 Thank you Cohen and team for all your hard work and keeping us in the loop. "$AZRH (American Industries, Inc.) wholly owned subsidiary @oilfieldservices.ai has announced the merger of 100% of CST Drilling Fluids, Inc a Permian Basin Oil Field Services and Construction company that focuses on provide Pit and Poly services for major Oil & Gas Operators like Pioneer, XTO, EOG and many others.
For the 12 months ending December 31, 2023, CST recognized $16.8 Million in Revenue and $2.8M in Net Income. (expecting some where in $20Ms for 2024)
The company will be engaging Grassi CPA Firm @grassicpa as its auditor.
This marks the first of many Mergers & Acquisitions in Oil Field Services and distribution companies that American Industries ($AZRH) intends to execute in it’s aggressive and opportunistic (but realistic) growth strategy, inclusive of growth through M&A and organically through the application of the company’s proprietary AI technology that can conservatively 2-3x organic revenue of any qualified Oil Field Services business in the Permian Basin within 12-18 months.
“I know this was the right move, as we position our family’s 40 year old business to become a 4th generation company over the next decade,” said CST CEO, and American Industries Co-CEO William France. " ok peeps this MC is not even 1x revs in fact its like 1/3 should easily be 6x-10x this is dollar bound next few weeks as PRs/8Ks are released, and notice the other part " first of many Mergers & Acquisitions in Oil Field Services and distribution companies that American Industries ($AZRH) intends... AZRH Security Details
Share Structure
Market Cap Market Cap
6,671,500
10/18/2024
Authorized Shares
480,000,000
10/09/2024
Outstanding Shares
30,325,000
10/09/2024
Restricted
16,400,000
10/09/2024
Unrestricted
13,925,000
10/09/2024
Held at DTC
13,925,000
10/09/2024 first up $1 PPS and OTC up list, this time next year Nasdaq
For the 12 months ending December 31, 2023, CST recognized $16.8 Million in Revenue and $2.8M in Net Income. (expecting some where in $20Ms for 2024)
The company will be engaging Grassi CPA Firm @grassicpa as its auditor.
This marks the first of many Mergers & Acquisitions in Oil Field Services and distribution companies that American Industries ($AZRH) intends to execute in it’s aggressive and opportunistic (but realistic) growth strategy, inclusive of growth through M&A and organically through the application of the company’s proprietary AI technology that can conservatively 2-3x organic revenue of any qualified Oil Field Services business in the Permian Basin within 12-18 months.
“I know this was the right move, as we position our family’s 40 year old business to become a 4th generation company over the next decade,” said CST CEO, and American Industries Co-CEO William France. " ok peeps this MC is not even 1x revs in fact its like 1/3 should easily be 6x-10x this is dollar bound next few weeks as PRs/8Ks are released, and notice the other part " first of many Mergers & Acquisitions in Oil Field Services and distribution companies that American Industries ($AZRH) intends... AZRH Security Details
Share Structure
Market Cap Market Cap
6,671,500
10/18/2024
Authorized Shares
480,000,000
10/09/2024
Outstanding Shares
30,325,000
10/09/2024
Restricted
16,400,000
10/09/2024
Unrestricted
13,925,000
10/09/2024
Held at DTC
13,925,000
10/09/2024 first up $1 PPS and OTC up list, this time next year Nasdaq
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