Key Energy Services Inc. (KEGX)

[Renee]

The KEGXQ shares were cancelled so the .13 PPS today is irrelevant.

In Octobers 10Q the company had 160 million Outstanding Shares. Those shares are now cancelled. Now the company will open on the NYSE with 100 million NEW shares and shareholders of the KEGXQ shares will now get .0051 of a NEW KEG share for every KEGXQ share owned.

So, if a shareholder owned 100,000 KEGXQ shares they will now own 510 KEG shares. Whatever KEG shares will be worth will be determined by the market but I'm confident the PPS will be in multiple dollars, not cents.

Read these filings posted today to learn more:

https://www.sec.gov/Archives/edgar/data/318996/000119312516794463/d288210d8a12b.htm

Exhibit 3.1

https://www.sec.gov/Archives/edgar/data/318996/000119312516794463/d288210dex31.htm

Exhibit 3.2:

https://www.sec.gov/Archives/edgar/data/318996/000119312516794463/d288210dex32.htm

Exhibit 10.1:

https://www.sec.gov/Archives/edgar/data/318996/000119312516794463/d288210dex101.htm