American Industries @americanmade_ai #controlled
Post# of 103596
@americanmade_ai
#controlledby Flowback with Freedom Well Testing and American Industries trading under the ticker symbol $AZRH
Freedom Well Testing, a 5 year old oilfield services company, brings extensive expertise in providing Flowback and Production services to Major Oil & Gas Operators in the Permian Basin, the Delaware Basin and the Eagleford Shale. The companies plan to pursue further joint ventures and acquisitions in the coming months.
Freedom Well Testing recognized $24,107,229 in revenue for the year ending December 31, 2023. Its 2023 fiscal year financial statements, which are unaudited but were compiled by a third party accountant are being released concurrently with this press release on the X page of American Industries (
@americanmade_ai
). The company intends to engage Grassi as its independent auditor in January 2025. For the year ending December 31, 2024, the Company expects to record just over $11,000,000 in revenue, mostly down as a result of an election year. The Company believes it is well positioned to grow back to at least $18,000,000 - $25,000,000 in revenue for the 12 months ending December 31, 2025.
Freedom Well Testing was found on the following 3 key principles: Honesty, integrity & experience.
Founded in 2019, by Eric Kuritz and Josh Watson, Freedom Well Testing brings 20+ years of proven experience into the oil and gas industry. Eric & Josh have managed upwards of 120 oil & gas professionals on projects that set records for oil production and management of sand returns.
At Freedom Well Testing, we understand the importance of safety and environmental responsibility. That’s why we adhere to strict safety protocols and environmental regulations, and we are constantly investing in innovative technologies and practices to minimize our environmental impact. AZRH Security Details
Share Structure
Market Cap Market Cap
$2,723,185 ridiculously under valued with zero debt/ zero toxic
01/10/2025
Authorized Shares
480,000,000
12/09/2024
Outstanding Shares
30,325,000
12/09/2024
Restricted
16,400,000
12/09/2024
Unrestricted
13,925,000
12/09/2024
Held at DTC
13,925,000
12/09/2024