Patten Energy Solutions Group Inc (PTTN)

[linkvest]

Here's some DD's for the Newbies:

IENG had received a $800,000 loan using the 3 companies they just bought as collateral.

Now have a new $3,000,000 Senior Credit Line.

The three new companies that IENG had bought are:

Patten Energy Enterprises Inc. (or "Patten"), (California), is a 25 year old energy marketing and consulting company to over 80 customers, many of which are fortune 500 Companies.

Atlantic Pacific LLC (or "Atlantic"), (Indiana), Atlantic is a collector, value-added recycler and re-distributor or waste oils and water.

AP Lubes Inc., (or "AP"), (Delaware), is an oil and antifreeze bottling Company. AP Lubes markets their own bottled oils and anti freezes under the name AP Lubes, as well as contract bottles for customers such as convenience stores and gas stations.


With a combines Revenue of over $8,000,000 and rising.....

New contracts with Los Angeles with many more to come.

Strong management and sales team within IENG that is executing the business plan as followed.

Through its three wholly owned subsidiaries, Patten Energy Enterprises Inc., Atlantic Pacific LLC and AP Lubes Inc. the company seeks to expand the regional businesses of each to other states where respective Company subsidiaries operate to vertically integrate, cost-share and generate new revenues from within the existing Company "ecosystem."