Patten Energy Solutions Group Inc (PTTN)

[Sooah]

BOS, here are some thoughts from this weekend's collection of info on $IENG:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108612927
$IENG acquired two companies: Patten Energy and Atlantic Pacific, LLC. These two companies became wholly owned subsidiaries of $IENG for a consideration of 950,000 shares of Series B each. Orbit Oil is an asset purchase agreement (APA), not a full acquisition of all of the company which usually also includes debt of Orbit Oil.

Patten Energy's information is here: They've been in business since 1996 and their experience in the business is 30 years.

http://kepler.sos.ca.gov/
Entity Name: PATTEN ENERGY ENTERPRISES, INC.
Entity Number: C1787593
Date Filed: 07/19/1996
Status: ACTIVE
Jurisdiction: CALIFORNIA
Entity Address: 3437 S MAIN ST
Entity City, State, Zip: LOS ANGELES CA 90007
Agent for Service of Process: EZEKIEL PATTEN JR
Agent Address: 3437 S MAIN ST
Agent City, State, Zip: LOS ANGELES CA 90007

They have a very impressive list of Fortune 500 clients:
http://pattenenergy.com/about/clients/

Alamo Rent a Car – Inglewood, CA
Amtrak – Santa Barbara, CA
Anheuser Busch – Van Nuys, CA
Arco Gas – Dallas, TX
AT&T – Van Nuys, CA
Ball Corporation – Torrance
California Department of Forestry & Fire – Monterey, CA
California State University – Dominguez Hills, CA
California Department of Transportation – San Diego, CA
California Highway Patrol – San Mateo, CA
California State University – Fullerton, CA
California State University – Northridge, CA
Chemical Trans – Carson, CA
City of Compton, CA
City of Inglewood, CA
City of Long Beach, CA
City of Los Angeles, CA
City of National City, CA
City of Norwalk, CA
City of Pasadena, CA
City of San Diego, CA
City of Santa Monica, CA
County of Riverside, CA
County of San Diego, CA
Crown Disposal Inc. – Sun Valley
Defense Fuel Supply – Washington, DC
Department of Fish & Game – Los Banos, CA
Department of Water Resources – Newhall, CA
Disneyland – Anaheim, CA
E&V Transmission – Los Angeles, CA
Edison Pipeline & Terminal Co. – Long Beach, CA
Energy Services Inc. – New Orleans, LA
Falcon Fuels, Inc. – Long Beach, CA
General Dynamics – San Diego, CA
Grayline/Flyaway – Los Angeles, CA
GTE – Thousand Oaks, CA
H.R. Textron – Newhall, CA
Hasco Oil Co, Inc. – Long Beach, CA
Herzog Contracting Corp. – St. Joseph, MI
Herzog Contracting Corp. – Pomona, CA
Homeland Security – San Diego
Hudson General – Los Angeles, CA
Jet Propulsion Laboratory – Pasadena, CA
Los Angeles Department of Water & Power – Los Angeles, CA
Los Angeles Unified School District – Los Angeles, CA
Laidlaw – San Diego, CA
Lockheed Aircraft Services – Burbank, CA
Los Angeles County, CA
Memo Scaffolding – Norwalk, CA
MTA – Los Angeles, CA
Metro Inc. – Los Angeles
Metropolitan Water District – Los Angeles, CA
Mock Resources, Inc. – Anaheim, CA
Montgomery Elevator Co. – Los Angeles
Narcel Corporation – San Leandro
New Orleans School District, New Orleans
Nissan Motor Corp. – Carson, CA
North County Transit District – Oceanside, CA
Northrop/Grumman – Pico Rivera, CA
Orange County Transit – Orange, CA
Pacific Energy System – Orange, CA
Pate – San Francisco
Pepsi Cola – Redondo Beach, CA
R & G Sloane Mfg. – Sun Valley, CA
Ramona Disposal Service – Ramona, CA
Rapid Transit District – Los Angeles, CA
Regional Transit Association – Los Angeles, CA
Rockwell International – Seal Beach, CA
Rocketdyne – Canoga Park, CA
Roesch Lines, Inc. – San Bernadino, CA
Rohr Industries, Inc. – Chula Vista, CA
Ron’s Petroleum Service – Inglewood, CA
San Diego Gas & Electric – San Diego, CA
San Diego Naval Hospital – San Diego, CA
San Diego Transit – San Diego, CA
San Diego Unified School District – San Diego, CA
San Quentin Correctional Facility – San Quentin, CA
Schwartz Oil Company – New Hall, CA
Seat – Oxnard, CA
Southern California Edison – Rosemead, CA
Southern California Gas – Los Angeles, CA
State of California – Sacramento, CA
Supreme Oil Company – San Diego, CA
Sweetwater School District – San Diego, CA
Texican Natural Gas – Houston, TX
Toyota – Torrance, CA
U.S. Postal Service – Los Angeles, CA
University of Southern California – Los Angeles, CA
United Airlines – Los Angeles, CA
United States Border Patrol
University of California – Irvine, CA
University of California – Los Angeles, CA
University of California – San Diego, CA
USDA Forest Service – San Bernadino, CA
VA Medical Center – Los Angeles, CA
Warner Bros. Studios – Burbank, CA
Waste Management of LA – Sun Valley, CA

It is also stated in the Share Exchange Agreement that $IENG is expected to raise $5 million in working capital, $1 million of that which will be allocated to Patten as working capital so EXPECT BIG FINANCING NEWS TO COME.

http://archive.fast-edgar.com//20141126/A3ZZS22CZ223OJZ2222A2ZZZC397ZZQR6Q62/

Atlantic Pacific LLC is a logistics company (Trucking) with proper USDOT registration:
http://www.quicktransportsolutions.com/truckingcompany/indiana/atlantic-pacific-llc-usdot-2425755.php

They own a fleet of 12 trucks

This company is owned by Robert Rosinski who is also a principal of AP Lubes, Inc (the parent company of Orbit Oils). It looks like Rosinski is selling some of AP Lubes's assets to $IENG to justify the equalization of the deal.

$IENG could potentially be a VERY, nice deal with already revenue generating companies.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108613188
Both subs are revenue generating, Patten Energy with a long history of operations since 1996 so it is quite possible that this one has a significant amount of account receivables that can be used as collateral for the $5 million raise. Atlantic Pacific, LLC as I said before is a logistics company which usually is non-asset based but this one has a fleet of 12 trucks hence it has hard assets that can also be used to give security interest for the $5 million raise...This is not rocket surgery.

$IENG should not be trading at 0,0004 with these two acquisitions.

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TROLLS will read and weep when they see updates pour in.