Sixty Six Oilfield Services Inc (SSOF)

[Ksweets101]

SSOF ULTIMATE DD PACKET

Short Breakdown
* EXCELLENT SHARE STRUCTURE
*GREAT MANAGEMENT
*PROFITBALE
*LOW DEBT
*CORE SECTOR EXPERIENCING MASSIVE GROWTH
*MULTIPLE CATALYSTS ABOUT TO HIT
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Related Links And Sources
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www.sixtysixoilfield.com
www.fivestarrig.com
www.otcmarkets.com
www.ampleluck.com
www.yorkandchapel.com
http://search.txcourts.gov/Case.aspx?cn=01-16-00192-CV&coa=coa01
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Share Structure
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SSOF Management
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Dave Ho-
CEO interview from March 26, 2018 https://www.qualitystocks.com/solutions/corporate-communications/interviews/sixty-six-oilfield-services-inc-ssof-interview/

"The company is led by Dave T. Ho, President & CEO. Mr. Ho is an experienced entrepreneur and executive with over 20 years of leadership experience. He founded international digital marketing firm York & Chapel Corp and has led that company for the past 12 years. Formerly, Mr. Ho was VP of New Media at Connecticut based Design Trust Inc. Mr. Mr Ho has a BFA in Communications from Otis and MFA in Design from Yale University."
*Dave Ho is also General Partner to Chinese investing company Ample Luck (ALIC)-HUGE overseas connections! http://www.ampleluck.com/team-dave-ho/
*Dave Ho is founder and CEO of York and Chapel. www.yorkandchapel.com
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SSOF EVP is Jim Frazier-
"Executive Vice President Mr. Jim E. Frazier is an executive with over 25 years of experience having served as Chief Financial Officer for several public companies over the last 20 years including companies on the OTC, OTC:BB, TSX and NASDAQ. Mr. Frazier attended Fordham University and the New York Institute of Finance. He has a degree in Economics, a Masters in Finance, and is a certified internal auditor."
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SSOF Revenues
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2017 revenues NEW YORK, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- Sixty Six Oilfield Services, Inc. (OTCBB:SSOF) is excited to announce 2017 year end net revenue estimate of $1,142m on gross sales of $5,957m. Compared to 2016 with $695k of net revenue on gross sales of $3,920m, the Company anticipates year over year improvements of approximately 52% in gross sales and 64% in net revenue. The Company increased its margins from 19% to 24%.
https://www.otcmarkets.com/stock/SSOF/news/story?e&id=993653
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Current 2018 Revenue Predictions/Deals in the works
Executive Vice President Jim Frazier said, Our oilfield business is expecting growth of 45% to 65% through normal increases in volume and marketing. The Company also projects two (2) potential oil rig sales that will generate estimated gross sales of $11M to $15M in the first half of this fiscal year which will increase our overall net gain when completed. STRONG 2017 YEAR END FINANCIAL RESULTS The company announces final 2017 year-end net revenue of $1.110M on gross sales of $5.957M. Compared to 2016 with $695K of net revenue on gross sales of $3.920M. The Company announced year-over-year improvements of 38% in gross sales and 33% in net revenue. The Company increased its margins from 19% to 24%. Chief Executive Officer, Dave Ho said: 2017 was a great year for Sixty Six Oil Field Services. The Company showed strong growth as the global oil market strengthened through the course of the year. As the energy sector continues strong growth in 2018, we are well positioned to capitalize on the global trend and continue to be aggressive in the marketplace. For more information, contact: [e-mail] https://www.otcmarkets.com/stock/SSOF/news/SHAREHOLDER-UPDATE?id=184936
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SSOF appears to have just won a MULTI MILLION DOLLAR court battle
SSOF has been fighting a legal battle against East Africa Drilling for years- The initial ruling was upheld in SSOF's favor late March 2018- and the motion for rehearing due-ending on 04/10/2018. The Asset won is a rig currently impounded by the Sheriffs at the Port of Houston. This is excellent news, because the winnings are an actual PHYSICAL asset worth millions, and ready to change hands!
initial ruling
http://search.txcourts.gov/SearchMedia.aspx?MediaVersionID=10d0492b-2858-4938-9c32-9dc37c8e3f4d&coa=coa01&DT=Other&MediaID=94d57334-38b3-4a9d-832c-0eaef974d9d8

full case
http://search.txcourts.gov/Case.aspx?cn=01-16-00192-CV&coa=coa01

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SSOF Has Very Low Debt
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NEW YORK, March 09, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- Sixty Six Oilfield Services, Inc. (OTCBB:SSOF) has been advised by an affiliated holder of the Company's convertible debt that the holder is forgiving the debt incurred in 2015 and 2016 plus accrued and unpaid interest. All of the convertible debt totaling approximately $400,000 in principal was incurred prior to the Company's acquisition of its oilfield services business in 2017, and all that currently remains is approximately $62,000 principal amount of convertible debt. This debt is held by a non-affiliate and additionally, accrued and unpaid interest will remain outstanding and subject to conversion. https://www.otcmarkets.com/stock/SSOF/news/Sixty-Six-Oilfield-Services-Inc-Announces-Debt-Forgiveness-and-Answers-Stockholder-Questions?id=185729

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SSOF Core Sector Is The Right Place/Right Time
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The Oil Sector could be in the MOST BULLISH OIL MARKET OF ALL TIME https://oilprice.com/Energy/Energy-General/Is-This-The-Most-Bullish-Oil-Market-Of-All-Time.html

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SSOF has MAMOUTH catalysts set to hit any moment!
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-FINALIZED FIVE STAR RIG AQUISITION

https://www.otcmarkets.com/stock/SSOF/news/story?e&id=1049794
-FINALIZED M&A ACQUISITION https://www.otcmarkets.com/stock/SSOF/news/story?e&id=1015130
-COMPLETED RIG DEALS FOR Q2 TOTALLING 11-15 MILLION DOLLARS https://www.otcmarkets.com/stock/SSOF/news/SHAREHOLDER-UPDATE?id=184936
-POSSIBLE HAND OVER OF THE MULTI MILLION DOLLAR RIG WON IN THE LEGAL BATTLE WITH EAST AFRICA DRILLING http://search.txcourts.gov/SearchMedia.aspx?MediaVersionID=10d0492b-2858-4938-9c32-9dc37c8e3f4d&coa=coa01&DT=Other&MediaID=94d57334-38b3-4a9d-832c-0eaef974d9d8
-AUDITED FINANCIALS

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++++MY SPECULATION++++

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With the strong action new management has been taking, and PPS over .01 daily- I'm guess we COULD see a QB uplist soon-just my 2 cents!!

THANK YOU ALL FOR THE GREAT WORK TURNING OVER ROCKS, AND FINDING GOOD DD. DEFINITELY A TEAM EFFORT HERE COMPILING DD!!