InvestorsHub Logo
Followers 9
Posts 392
Boards Moderated 0
Alias Born 05/24/2010

Re: DADDY FAT SAXX post# 37265

Wednesday, 11/03/2010 10:00:55 PM

Wednesday, November 03, 2010 10:00:55 PM

Post# of 54875
DFS, you're confusing me - do you really think that the Saudi company MOPN would be receiving a contract & revenues from is Saudi Aramco?

If so, you need to read the PR again very carefully. The company MOPN would be dealing directly with is the unnamed "commercial powerhouse group".

Sammy may call them "just a supplier", but I think he's wrong.

MOPN would be the supplier to the commercial group, which is most likely a goliath engineering services company with multiple divisions that could easily be listed in the NYSE, if they were an American company.

I'm thinking something along the lines of a Kanoo Commercial Group

Over the years, the division's dedicated services and expertise has yielded a large clientele in the Gulf region such as Saudi Aramco, SABIC, ADNOC, BAPCO and PDO Oman.



There are many companies like Kanoo over there.

Now the franchise aspect of the PR should make more sense to you. A "commercial group" could be feeding MOP to many State-run oil companies in the Middle East & North Africa, not just Aramco.

Good night, Daddy!