Eco-Stim Energy Solutions Inc fka ESESQ

[Stately]

Given the pace of revenue versus operating costs and capital investments, everyone already know that the company would have to recapitalize before achieving future profitability. I would guess that something like an expectation of dilution up to 25% was already baked into the PPS. This deal qualifies as slightly better than expectation, and I think this will turn out to be an excellent investment for anyone with the patience to actually hold for 18+ months.