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I am most certainly counting on it and believe the moves the Company has been making, will shock many on this Board, not if but when the announcement comes!
Obviously depends on how substantial, but yes. If they announce a $50mm acquisition with $9mm in net revenues for instance, NESV could easily see that valuation considering they should be above $4.00 already. And would instantly solve their up listing requirements. This is the only OTC stock I watch as the up side I believe could be huge. Just my opinion and I hope one day I will be saying I told you so!
All it is going to take is some news! I keep reminding everyone about the JD Field Services announcement, they shot up over 6,400%. I am betting this is going to be repeated! So it is a bargain at a dime!
We know how to read an annual report, and I like it! All companies report tangible and intangible assets, it's accounting 101. Intangibles include a variety of items including customer lists and relationships so I do not understand the point you are trying to make here! NESV is a good Company. I am sure there are allot of others you could really sink your teeth into, specially the one's with no revenues!
Summation:
With $23,592,568.00 in Assets, minus total liabilities of 19,185,422, you get a total Shareholders equity of $4,407,146.
With only 4.5 million in the float, this Company should be trading on face value alone of $1.00 not counting any multiples for being public!
Now that's what I call a tremendous upside to me, no matter how you want to slice it up! :)
Explain all of the recent moves, it has all the makings of a Company getting ready to go somewhere. Anybody can find dirt on any one Company on here, doesn't mean they are worth dirt! lol!
Read the current "Q" $23,592,568.00 in Total Assets. Property, plant and equipment alone is $16,454,207.00. Add an acquisition and we are off to the camp town races! :)
From the "Q":
ASSETS
CURRENT ASSETS
Cash $ 113,287
Accounts receivable, net 1,120,213
Other receivables 50,000
Prepaid expenses 1,099,256
Total current assets 2,382,756
Property, plant and equipment, net 16,454,207
Intangible assets, net 4,574,857
Security deposit 750
Deferred financing fees, net 179,998
TOTAL ASSETS $ 23,592,568
Need to understand what is being read. One of the few on OTC that is actually generating revenues!!
Some of this is true today, can change on a dime!
Your current assets are wrong!
Straight from the SEC filings:
TOTAL ASSETS $ 20,019,405
No wonder they want off of OTC, valuations for a Company with $20mm in revenues, $.08 in earnings last reporting period, 4.5mm shares in the float, trading at $.09. This is a very unusual situation that will reverse once some news is posted on an acquisition. Remember when JD Field was announced, it shot up 6,400% when I first came in here, I made a killing! With this scenario in place, would think they will have a much higher percentage of gain, and not if but when!
I am buying as I think history with this Company is going to repeat itself.
Now they are aligned with the industry they are serving! Should bode well for new acquisition targets! I think this gives them more flexibility in the targets they go after as well.
Great news!! NESV! Now let's get some news on progress being made on acquisition front! Good job !!
This is great news! Now they are in line with the Industry!
The global axis of energy has shifted from the Middle East to North America
http://thehill.com/blogs/pundits-blog/energy-environment/247695-have-faith-in-the-shale-gale
Technology is closing the gap on U.S. production.
OPEC, Get Ready For The Second U.S. Oil Boom:
http://finance.yahoo.com/news/opec-ready-second-u-oil-215925858.html
NASV is doing what it takes to survive the downturn as they know the industry of U.S. Oil revolution will pick up again, stronger than ever, sooner than most think.
Change in Auditors to a National Firm!! This shows me again that they are positioning, along with the recent name change announcement to National Energy Services! Big Board bound?
Sooner rather than later they will have to pay attention to share price! I am not going anywhere!
You bet your sweet bippy!! NASV is going to rock it off the charts!
April 16 Press Release on earnings, states $.08 per share!
They would not put this in a Press Release without it actually being factual.
Look at the K filing on SEC.gov, it is true!
$.08 earnings and $.06 fully diluted is delivering! I am sure the current industry pressure has caused set backs, but I do believe they are moving forward with their business plan.
Can't believe how cheap NASV is! Whoever is shorting I hope will get hurt with some news, and soon!!!
I know Gasoline prices have steadily increased over the past two months!! Oil rebound is immanent
I have talked to allot of people about the price of oil, and everyone is predicting $75 ppb by end of the year.
http://finance.yahoo.com/news/oil-bull-market-sight-brazil-151038870.html
I am buying up the cheapies here and weathering the storm!!
Liquidity is awesome $111,000.00 today, now if we could start to see appreciation, that would be a perfect world!
I do too!! Wish it would start tracking up instead of down! I am picking some up to average my PPS down as, this is ridiculously low!!! Really $.30 on a Company generating $22 MM in revenues, and only 4.5 MM in the float! Someone or an institution will pick this up!
Great day of trading!!!! Has me wondering what is coming!! I see the name change from the 14C but I think there is more in store here! Giddy up!!! :)
Wow!!! Does someone know something? Big uptick in volume today! News coming out??
I doubt a financial advisor would get it anyway. Take a snapshot now and I would agree things may not look great, but if you have followed the story behind NASV and the potential going forward, that is where the story is!
Crude Oil Prices Skyrocket on API data Here we go!! $75 PBB on the way:
http://finance.yahoo.com/news/crude-oil-prices-skyrocket-api-142608316.html
Stick to the facts,$22 Million in gross revenues and positive eps and you are calling this Company names!! Share price manipulation is not reflective of the business!
They need to get off of the OtC if not for anything else but to get away from these types of postings that only have malicious intent.
Looks as though they are posturing. No hype going on in the stock, just reporting what appears to be strategic moves. Waiting to see what they have been up to as I question my own speculation of events as time goes on. Is it an acquisition, up lifting, ......etc. At this point you guess is as good as mine!
Yea! It looks great! You really have to keep an eye on them to really understand what is going on, but after this news today and the name change announcement, new Board Member from Weatherford, etc. what else can it be, but I think they would benefit from another acquisition to meet the standards required to up list or maybe not. Really just guessing here! Getting excited in any event~!
National Automation Services Retains Firm to Provide Advisory Services in Connection With Effort to Obtain a Listing on a National Stock Exchange
Connecting the dots!!! They are making a run at up listing, now everything is starting to make sense!!! Hogan, I would think they would need another acquisition as previously discussed here, do they have something in the works? Right after I go in last year they announced JD Field Services and the stock soared, I would think they need that to happen again before qualifying to the big boards!
http://finance.yahoo.com/news/national-automation-services-retains-firm-123000563.html
"National Energy Services"
Am I the only one here that is connecting the dots folks?? The Company is on the move, with today's pre 14C filing with the SEC to : "An amendment to our Articles of Incorporation to change our name to “National Energy Services, Inc.” from “National Automation Services, Inc.”
Major positioning going on here!!!!!!
If you take a look at this from 50,000 ft. view!!
Repositioning of the Board by adding an Independent with Oil and Gas Industry experience, share buying by Executives, etc. etc., seems to me they are positioning the Company for something!!!
Don't have anything to hang my hat on but sure looks like, and I have a gut feeling we are close to hearing some big news!!!!
Oil on it's way back up!
http://finance.yahoo.com/news/goldman-friday-witnessed-first-sign-120735307.html
Although everyone in the industry is thinking mid $70's will be around for over a year, it's is still good news for U.S. Producers.
Here comes the bounce:
Oil on it's way back up!
http://finance.yahoo.com/news/goldman-friday-witnessed-first-sign-120735307.html
Although everyone in the industry is thinking mid $70's will be around for over a year, it's is still good news for U.S. Producers.
Get ready folks, here comes the ride up in Oil prices:
Oil on it's way back up!
http://finance.yahoo.com/news/goldman-friday-witnessed-first-sign-120735307.html
Although everyone in the industry is thinking mid $70's will be around for over a year, it's is still good news for U.S. Producers.
Oil on it's way back up!
http://finance.yahoo.com/news/goldman-friday-witnessed-first-sign-120735307.html
Although everyone in the industry is thinking mid $70's will be around for over a year, it's is still good news for U.S. Producers.
NAS acquiring not only companies but great talent as well, VP Operations - US Western Division for Weatherford International. I'm impressed!
National Automation Services Announces
New Independent Director
LAS VEGAS, NV -- (May 22, 2015) –National Automation Services, Inc. ("NAS" or “Company”) (OTC: NASV) a growing oil and gas services company today announced the appointment of John McKeachnie to replace Sean Sego who is stepping down from the board for personal reasons.
Mr. McKeachnie brings over 36 years of experience in oil and gas service, sales, management, and product innovation. He is currently Managing Partner of JRV Technologies, a consulting/manufacturing company offering innovative product design services to the oil and gas industry. From 2010 until 2014, Mr. McKeachnie was VP Operations - US Western Division for Weatherford International, one the largest oil and gas service providers in the United States. Previously, Mr. McKeachnie held various management positions at Weatherford eventually becoming regional manager, responsible for the Rocky Mountain and West Coast Completion Business Units including engineering, operations, and manufacturing of Mountain States Oil Tools. He brings to the board a deep knowledge and understanding of the oil and gas business in many areas including operations, acquisitions, and strategic direction needed for future growth.
Bob Chance, President and Chief Executive Officer, commented, “We appreciate Sean Sego’s service to NAS and thank him for his commitment to the company over the years.” Additionally, Mr. Chance stated, “We are pleased to welcome John McKeachnie to the NAS Board. John brings a wealth of experience in the oil and gas industry and we believe his contributions will greatly benefit our strategic decision making abilities as we, the board, continue to guide the company to achieve our short and long term goals.”
About National Automation Services, Inc.
National Automation Services is building a portfolio of complementary oil and gas services through acquisitions. Through its subsidiary, JD Field Services, Inc., the Company provides oilfield services to the oil and gas industry in the United States. It primarily focuses on drilling services, operation services, and maintenance services of the well-site activities.
Forward Looking Statements
This press release may contain forward-looking. These forward-looking statements are identified as any statement that does not relate strictly to historical or current facts. Statements using words such as “may,” “could,” “should,” “expect,” “plan,” “project,” “strategy,” “forecast,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursue,” “target,” “continue,” or similar expressions help identify forward-looking statements. Additionally, statements concerning future matters such as revenue projections, projected profitability, growth strategies, development of new products or services, enhancements or technologies, possible changes in legislation and other statements regarding matters that are not historical are forward-looking statements. Investors are cautioned that any such forward-looking statement are not guarantee of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the Company's reports filed with the SEC. The foregoing list of factors is not complete and the Company does not undertake to update any forward-looking statements that it may make except as required by applicable law.
Some Positives,
Q1 Comparable: 2015 2014
REVENUE $ 5,392,233 $ 2,004,606
GROSS PROFIT 1,107,310 411,417
Looks like they have not dropped in business in Q1, $5,392k puts them on track for $21 million this year! While others are going bust, they are surviving! Got to give em kudos for hanging in there in a down market! When the market turns, which it will, can see significant growth opportunities. wish they would make an acquisition or two now as they could probably get some good deals out there!