National Energy Services Inc. (fka NESV)

[integral]

The Company intends to file an amended Form 10-K for the year ended December 31, 2014 to (i) restate the audited consolidated financial statements for the year ended December 31, 2014, (ii) correct the derivative accounting for the Company’s convertible notes, and (iii) revise certain related information, including the discussion of internal controls and procedures. The Company also intends to file an amended Form 10-Q for the quarter ended March 31, 2015 to (i) restate the unaudited condensed consolidated financial statements for the quarter ended March 31, 2015, (ii) correct the measurement period re-calculation of the fair value of the JD business acquisition at February 24, 2014 and the measurement period retroactive adjustment of the pro-forma financial statements, both included in Note 14 of Q1 2015 Form 10-Q, (iii) correct the derivative accounting for the Company’s convertible notes, (iv) revise certain related information, including the discussion of internal controls and procedures.