Sixty Six Oilfield Services Inc (SSOF): New book value for MMHC after the merger...

Reply Private New

Replies (9) Next 10 Prev Next

Send PM Follow Ignore

Followers	272
Posts	12274
Boards Moderated	0
Alias Born	04/05/2007

Pink Current

Re: None

Sunday, 04/09/2017 8:23:20 AM

Sunday, April 09, 2017 8:23:20 AM

New book value for MMHC after the merger with 66 Oilfield Services per 2016 annual report.

https://www.microcapreporting.com/upload/1491451427_Q4_2016_Info_Statement.pdf

$6,166,000 total value (assets minus liabilities).

$6,166,000 divided by O/S of 482,959,541 = .0127 value per share.

Sales in 2015 of 5 million sales in 2016 of $3,920,000 with a profit shown each year.

So far in 2017 they have done $1,324,000 in revenue so that equates to a full year revenue of $5,296,000 at the same pace.

Look for official name change with FINRA this week.

MMHC S/S:

A/S 510,000,000

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Qr%252f4PrXulTXc1BvwYzXDww%253d%253d&nt7=0

O/S 482,959,941

Float 420,335,750

$MMHC

CF

Disclaimer: The views expressed by me are solely those of the author and should not be construed as reason to buy or sell any security I mention. Always do your own DD(due diligence), I have.