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Prudent Capitalist

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Prudent Capitalist

Re: europtiger post# 5086

Friday, 07/07/2017 10:21:10 AM

Friday, July 07, 2017 10:21:10 AM

Post# of 5180
Market is reacting favorably to all of the rent developments. The PP went out overnight fully subscribed for 10 Million shares at $1.50; Balance Sheet is now debt free; and revenue is exploding upward right now, with another record revenue month in June of approx. $4 Million, and projected revenue for the 2nd Quarter of $8.4 Million - $9.6 Million vs $2.6 Million in Q1 2017.

As a result of the Company's increased utilization in both geographic markets, EcoStim expects its revenue in the second quarter of 2017 to be within a range from $8.4 million to $9.6 million, compared to $2.6 million for first quarter of 2017. Further, management believes that its revenues for June, 2017, the first full month with activity in both of its geographic markets, should exceed $4 million.
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