Those notes were paid off earlier this week, and ESES has fulfilled its stated goal of having a debt free balance sheet. The shares issued on Tuesday of this week to Fir Tree cancelled all of those notes and were exchanged based on a value of $1.40 per share, with all of the new shares issued being restricted. Great move and transaction with the recent record revenues, which are increasing by the month. Debt free going forward with rapidly accelerating revenue on the performing contracts.
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