Sixty Six Oilfield Services Inc (SSOF)

[wadirum1]

I frankly doubt that PROW or MBHC or MMHC or any incarnation of this company EVER received $400K worth of funding. I think the "former affiliate" is Ken Bland, and I think the history of this company's debt was a scam to put "conversion" dollars due to "debt" "settlements" into his pocket.

I thought that just maybe he was letting this out of his clutches, asking only for the remaining 50 million shares. But now the company is once again on the hook to pay $450K. Seems like deja vu all over again.

If those revenue and profit numbers SSOF is posting are correct, then it is undervalued. However, the way that "former affiliate" deal was handled raises too many concerns for me. I've seen too many things here that turn out not to be true. I'm more comfortable short-term trading this ticker, but right now doesn't seem to be the right entry point for that.

Wadi