Billionaire Boys Club Member Forum (BBCMF)

[Robertscott]

$SSOF The new unified Company will have a 2017 combined revenue of $12.6M with Gross Profits of $6.2M, more than twice the size of the original company. The Company will seek to immediately eliminate duplicate sales functions and certain assets and activities will be spun off to the original 66 Oilfield Supply LLC principals. The principal stockholders of Five Star received the controlling block of the Company's preferred stock. The Company plans to complete a registration of the company's stock and raise up to $40 Million for the purchase and resale of the drilling rigs through the sale of equity, convertible debt, and standard industry equipment financing. The rigs will provide more pipe sales for the company's original core business as well as move the company into new areas that include equipment refurbishing and equipment servicing.