Sunday, November 22, 2020 3:28:34 PM
https://www.accesswire.com/610846/Maverick-Announces-Option-to-Purchase-Well-Servicing-Company
https://www.accesswire.com/610148/Maverick-Energy-Group-Ltd-Announces-Option-to-Purchase-Big-Foot-Field-10132020
Jim McCabe Jr. is CEO of Watson Energy and recently (January 2020) became CEO and President of Maverick. Close working relationship with USR Drilling as evidenced by Mr. J. David LaPrade and David Singh being involved with MKGP. Could indicate new board members or even Executives.
******DD CONFIRMED VIA LAST FILING 11/19/2020*******
Work history of McCabe:
https://google.brand.edgar-online.com/efxapi/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=1809857-77235-87996&SessionID=GO07e6k4G-cXAp2
· Came off the Grey Sheets to Pink November/December 2019
· Reduced A/S from 500,000,000 to 250,000,000
· Filed three years of financials to become Pink Current
· Public float is approximately 15,500,000
****Updated on 10/01/2020 Public Float is 8,359,150****
****CONFIRMED ON 11/17/2020 by T/A Phone Call****
· Outstanding share reduction of at least 79,000,000
****Updated on 10/01/2020 O/S is 51,975,506****
McCabe’s shares being exchanged for 100,000 preferred class shares recently created.
· July 7th, 2020 the company announces that they are still proceeding with getting Pink Current as well as the buyout of other members of the company by Mr. McCabe
· On 08/10/2020 a filing through NVSOS indicates newly created share class
****DD CONFIRMED ON 10/01/2020 via Supplemental filing through Edgar****
· On 08/21/2020 company announces a share buyback of 79,118,683 from McCabe
****CONFIRMED DD****
· On July 7th, also announced is the company has access to $50mil in financing for projects. During this time in the oil market, this can be big as many companies have had difficulty finding investors. One thing to note is that MKGP’s debt stands at around $58k acquired this year to assist with bringing the company OTC Pink Current
· On 08/07/2020 @mavmkgp tweeted : $MKGP has completed all requirements by OTC Markets and is now listed as Pink Current information. We are moving forward with producing property acquisitions as planned.”
-On 10/02/2020 @mavmkgp tweeted that they have engaged Sterling Issuer Services to look forward to uplisting to OTCQB.
Possible ventures:
· Watson revenues estimated of at least $6mil a year.
· One possibility is a reverse merger or acquisition play to bring Watson to the publicly traded market under the very clean shell of MKGP
· USR Drilling being intertwined so heavily with MKGP is a potential JV partnership or bigger
USR Drilling could be more of a factor regarding production of revenues that initially realized.
*****DD CONFIRMED ON 10/28/2020 https://www.otcmarkets.com/stock/MKGP/news/Maverick-Announces-Agreement-with-USR-Resources-LLC?id=278373 ******
o This brings other working relationships in play to include Winchester Energy (2017 references)
· McCabe also owns Diamond Energy Services
********DD CONFIRMED ON 10/16/2020*********
· There’s a wide range of what could be coming
Challenges Speed bumps
Minimal debt ($58,000)
TX Railroad Commission regulatory agency.
Operators permits/lawsuits regarding old wells/sites etc.
http://www.maverick-energy.com/
http://www.1031fec.com/BigFoot7400.htm
https://www.shalexp.com/maverick-energy-group-inc
http://watsonenergyinvestments.com/
https://www.shalexp.com/watson-energy-investments-llc
https://www.usrdrilling.com/
https://www.linkedin.com/in/jim-mccabe-9aa4284a
https://www.zoominfo.com/c/watson-energy-investments-llc/409996192
https://diamondenergyservices.com/
https://www.shalexp.com/diamond-energy-services-lp
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