SMG Industries, Inc. (SMGI)

[MJAM2020]

Anyone still here? I haven't looked at this one in a while. Now showing $150M+ revs with an uplisting on tap? Who's got the scoop on this play and why it's stuck below .20?

imho
mj

[Edgar2010]

Broke the 0,50 and this will fly to the moon

[Edgar2010]

Look at RGSG and ELEK.

[Yd_te]

Rally!!

[Edgar2010]

Broke the 0,45 and next is 2,50

[Edgar2010]

ask size 19.000 shares to 3 dollar

[Yd_te]

Not sure what you are looking at. I’m seeing asks at several price points

[Edgar2010]

The ask size is gone.nothing to 3 dollar

[Edgar2010]

We have a bid with 140.000 shares at 0,32.

[Yd_te]

This needs to see some volume

[$ B.M.F.$]

SMG Industries, Inc. Announces Preliminary Unaudited Year End 2020 Revenue Results and Strategy UpdatePress Release | 02/08/2021

SMG Reports Preliminary Unaudited Revenues of approximately $30.6 million for the Year Ended December 31, 2020, an Increase of about 370% From the Year Ended 2019

HOUSTON, TX, Feb. 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- SMG Industries, Inc. (“SMG” or the "Company") (OTCQB:SMGI), a growth-oriented transportation services company focused on the domestic infrastructure logistics market, today announced that its preliminary unaudited results of consolidated revenues from operations for the year ended December 31, 2020 was approximately $30,600,000, representing an increase of about 370% from the comparable year end 2019. The previous year 2019 did not include revenues from the 5J Transportation Group acquisition that closed in February 2020.  

[Ms Labonte]

Where??

[$ B.M.F.$]

Huge news is out

[$ B.M.F.$]

This is going to explode soon,imo

[Ms Labonte]

Is this a dollar store babes??

[$ B.M.F.$]

This should be well over a dollar.

[Ms Labonte]

Wake up babes, next run KITL

[Ms Labonte]

wake up love, are you in a coma

[Ms Labonte]

did you back up loader on this??? wake up

[windough-shopper]

$SMGI....Im buying~

[benfrankledger]

$SMGI It could I’m mainly asking what is the catalyst that could drive value. Under awareness is usually the liquidity issue.

[penniesbgone]

How is a chart "STRONG" on a stock that rarely trades? Either no one is interested or no one knows about it.... Seen this pattern before.....Hope when it does trade, it moves up and not down.

[goforthebet]

SMG Industries, Inc. Announces Second Quarter 2018 Financial Results

By GlobeNewswire, August 13, 2018, 09:00:00 AM EDT

https://www.nasdaq.com/press-release/smg-industries-inc-announces-second-quarter-2018-financial-results-20180813-00485

[TenKay]

SMG Indium Resources Ltd. name changed to SMG Industries, Inc.

http://otce.finra.org/DLSymbolNameChanges

[benfrankledger]

$SMGI Chart has been strong. Watching for a new catalyst.

[Clootch]

$SMGI NEWS https://www.otcmarkets.com/stock/SMGI/news/SMG-Indium-Resources-to-Present-at-Energy-Prospectus-Group-investor-luncheon?id=177037&b=y

[windough-shopper]

$smgi, bout time

[Clootch]

$SMGI - VOLUME ALERT!!!

[Clootch]

$SMGI - Current Report Filing (8-k) https://ih.advfn.com/p.php?pid=nmona&article=76083079

[Clootch]

$SMGI - Real Deal Company here and exactly only a matter of time before this lives up to its potential

[windough-shopper]

$SMGI, well the news today's was a great way to start its pubco listing.....only a matter of time before recognition starts

[Clootch]

$SMGI - NEWS/10Q https://finance.yahoo.com/news/smg-indium-resources-reports-third-184839516.html

[Clootch]

$SMGI - On September 19, 2017 (“ Closing Date ”), we entered into an Agreement and Plan of Share Exchange dated as of such date (the “ Exchange Agreement ”) with MG Cleaners LLC, a Texas limited liability company (“ MG ”) and all of the members of MG (the “ MG Members ”). On the Closing Date, pursuant to the Exchange Agreement, we acquired one hundred percent (100%) of the issued and outstanding membership interests of MG (“ MG Membership Interests ”) from the MG Members pursuant to which MG became our wholly owned subsidiary (“ Acquisition ”). In accordance with the terms of the Exchange Agreement, and in connection with the completion of the Acquisition, on the Closing Date we issued 4,578,276 shares of our common stock, par value $0.001 per share, and agreed to pay $300,000 in cash ($250,000 at closing) to the MG Members in exchange for all of the issued and outstanding MG Membership Interests. Additionally, on the Closing Date we issued 350,000 restricted shares of our common stock to certain officers and directors of the Company that resigned in connection with the Acquisition pursuant to our 2008 Long-Term Compensation Plan.

[Clootch]

$SMGI - In addition to the Company's proprietary products, the Company sells equipment and parts, and has service crews that perform repairs, maintenance and drilling rig wash services for customers such as Nabors Industries, Patterson-UTI, and H&P along with oil and gas operators and other service companies

[Clootch]

$SMGI - is a growth-oriented oilfield services company headquartered in Houston, Texas with operations throughout Texas. The Company, through its operating subsidiary MG Cleaners LLC, is focused on selling proprietary branded products including soaps, surfactants and degreasers such as Miracle Blue™, to drilling rig contractors and other oilfield companies

[Clootch]

$SMGI - News would certainly help put a fire under this one

[Clootch]

$SMGI - There is only approx. 8 million shares outstanding. 370k options with strike price ave of $.70 and no warrants. No convertible debt. Float is about 1 million shares.

[windough-shopper]

$SMGI, I suspect as more news starts....and more people see what there is here and the prospects

WE CAN TRADE MUCH HIGHER

[Clootch]

$SMGI - 20 - 50 Day MACD Oscillator
BUY

[Clootch]

$SMGI this a very solid play with huge upside

[windough-shopper]

$SMGI....well, nice to see someone else seeing the potential

[Clootch]

$SMGI - SMG entered the OFS business through the acquisition of MG Cleaners on September 19, 2017. Previous to that, SMGI was a shell with about $400k in cash. Originally, SMGI went IPO on the Nasdaq and later sold its indium metal stockpile for a good profit distributing cash to its 140 stockholders.

[Clootch]

$SMGI - Customers include Nabors, UTI-Patterson, Helmerich & Payne, Savannah Drilling, Cactus Drilling and Precision Drilling. MG also provides these products and services for oil companies such as Chesapeake and Chevron.

[Clootch]

$SMGI - • There is only approx. 8 million shares outstanding. 370k options with strike price ave of $.70 and no warrants. No convertible debt. Float is about 1 million shares.

[Clootch]

$SMGI - There are four revenue streams for this business:
• Selling our branded proprietary soaps, surfactants and degreasers,
• Service crews performing drilling rig repairs and service,
• Equipment sales and parts,
• Rental revenues from renting equipment.

[Clootch]

$SMGI - Revenues grew 68% from the six month period June 30, 2016 to June 30, 2017

[Clootch]

$SMGI - Lots of potential here!!!

[Clootch]

$SMGI A Little DD: SMG entered the OFS business through the acquisition of MG Cleaners on September 19, 2017. Previous to that, SMGI was a shell with about $400k in cash. Originally, SMGI went IPO on the Nasdaq and later sold its indium metal stockpile for a good profit distributing cash to its 140 stockholders.

[goforthebet]

Amended Current Report Filing (8-k/a)

Date : 10/27/2017 @ 9:32PM
Source : Edgar (US Regulatory)
Stock : Smg Indium Resources Ltd. (QB) (SMGI)


http://ih.advfn.com/p.php?pid=nmona&article=75961220&symbol=NO%5ESMGI

[shanak10]

There are a few 13D filings. I am in.