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Re: ice_n_ak post# 3251

Friday, 04/15/2016 11:04:46 PM

Friday, April 15, 2016 11:04:46 PM

Post# of 3534

4. Talking with a friend in the oil industry, not high up in the chain of command but much nearer the top than the bottom has told me some fact regarding maintenance, and I'll just leave it at that.


Not sure where your friend is located and in what capacity in the oil industry, but I can assure you the "maintenance industry" is saturated with competition. Given my update yesterday regarding STW not paying their crews, it doesn't sound like they have sufficient revenues coming in.


5.Water and Oil, great combination.

LMAO, what water??? Water is sucking cash from energy and always has. With the delinquent taxes and missed payrolls, one would assume energy has fallen behind.

So for just those five reasons, I say yes. I'm invested in STWS. Feeling good about it also.


For those reasons, coupled with not hearing a word from management in 4 months, and missing the deadline on a NT10K, I wouldn't feel good about it at all....

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