Sixty Six Oilfield Services Inc (SSOF)

[NoWammiesSTOP!]

Looks like the reason for the drop in assets is due to the divestiture of 66 oilfield. Overall, it shows a bit of a loss. But considering the drop in oil and all markets in Q4, divesting 66 oilfield , and paying off Briken (Bland) and getting him unchained from us. Not to bad imo. The subsequent quarters will show how well the can manage without all these chains tethering us to the ground. Imo. We are free to fly on our own.


The Company has adjusted Retained Deficit as needed to balance Total Liabilities and
Stockholders’ Equity with Total Assets as a result of the reverse acquisition of 66 Oilfield
Services, Inc. and Fluid End Sales. These adjusted Retained Deficit numbers may be revised or
restated when the Company completes its planned Audit. Further the Company accounted for
the divestment of 66 Oilfield Services, LLC in the three month cash flow statement by
recognizing the change in Assets, Liabilities and Investments retained and due 66 Oilfield
Services, LLC. These are one time adjustments however certain inventory and stock values may
be adjusted and revised or restated when the Company completes its planned Audit.