Replies to post #12336 on National Energy Services Inc. (fka NESV)

[KGuzzetta]

Hell these are great rates to average down ??????????????. This way my average pps won't be to drastic when it crashes. Pay no attention to the countless money I dump to do it, just as long as I'm averaging down.

[integral]

Ally 02/24/2014 02/10/2019 $ 43,395 4.01 % $ 25,442 $ 31,284
Commercial Credit Group 12/19/2014 12/19/2019 1,940,969 10.00 % 1,431,837 1,552,775
Cat Financial 02/24/2014 11/09/2016 186,549 5.95 % 59,417 95,262
Equify 04/08/2014 05/01/2019 1,480,412 7.10 % 1,177,740 1,331,116
Phil Timothy 02/24/2014 03/28/2023 2,650,000 6.00 % 2,146,705 2,274,936
Ford credit 02/24/2014 03/16/2016 23,700 4.34 % — 10,129
Ford credit 02/24/2014 09/28/2015 28,700 6.54 % — 10,268
Ford credit 02/24/2014 09/28/2016 44,576 3.74 % — 2,903
Ford credit 02/24/2014 06/05/2016 88,575 7.89 % — 37,253
Ford credit 02/24/2014 02/28/2015 56,372 6.49 % — 9,858
Ford credit 02/24/2014 03/29/2017 73,005 7.89 % — 37,946
Ford credit 02/24/2014 10/29/2015 36,700 6.54 % — 3,829
Ford credit 02/24/2014 10/29/2015 34,400 6.54 % — 3,589
Ford credit 02/24/2014 09/30/2015 94,000 5.74 % — 16,050
Ford credit 02/24/2014 09/16/2016 45,994 8.29 % — 23,049
Ford credit 02/24/2014 08/01/2017 43,110 5.04 % — 33,693
Jimmy B Trucking 08/11/2014 06/11/2015 600,000 10.00 % — 372,109
Rick Gurr/ Gosling Service 08/11/2014 06/11/2015 210,000 10.00 % — 130,238
Mack Financial Services 02/24/2014 03/12/2016 326,746 6.00 % — 98,478
GE Capital 09/01/2014 07/01/2019 213,600 6.96 % 170,234 202,093
GE Capital 09/01/2014 12/21/2018 203,789 6.93 % 170,518 194,574
GE Capital 09/01/2014 08/01/2016 48,000 9.11 % 19,082 42,669
GE Capital 02/24/2014 09/09/2018 189,151 6.42 % 103,719 129,135
GE Capital 02/24/2014 07/01/2018 153,944 7.20 % 79,100 100,047
John Deere Financial 02/24/2014 09/26/2017 262,350 4.00 % 115,783 155,136
Axis Capital 02/20/2015 02/20/2020 600,000 8.62 % 525,580 —
Utica Financial 06/25/2015 06/25/2020 840,406 — 788,453 —
Mack Financial Services 02/24/2014 11/09/2016 347,520 6.00 % 119,197 159,427
MACU 02/24/2014 10/26/2018 41,540 2.99 % 26,941 33,069
Zion’s Bank 02/24/2014 10/15/2026 150,000 4.86 % 118,686 125,108
Zion’s Bank 02/24/2014 10/10/2016 101,091 4.57 % 15,489 31,998
Zion’s Bank 02/24/2014 09/30/2017 7,680,000 4.57 % 3,699,035 4,622,482
Zion’s Bank – LOC — — — — 500,000 586,621
Gale Rasmussen 07/01/2015 * 94,000 10.0 % 94,000 —
WD Martin 07/01/2015 * 80,000 10.0 % 80,000 —
Alliance funding 07/01/2015 * 43,159 10.0 % 43,159 —
H&E Equipment 02/24/2014 05/01/2017 176,234 12.00 % — 117,799
National Insurance 06/01/2015 05/31/2016 668,233 6.0 % 338,064 217,128
Capital lease 01/15/2009 — 33,591 — 33,591 33,591
Goss 09/19/2013 09/19/2016 20,000 12.00 % 20,000 20,000
Kinney2 11/01/2013 11/01/2015 50,000 12.00 % 50,000 50,000
O’Connor 04/01/2009 * 71,000 10.00 % 71,000 71,000
Hanley 04/01/2009 * 79,913 10.00 % 79,913 79,913
Spiker 12/31/2010 * 9,500 10.00 % 9,500 9,500
Jesse 12/31/2010 * 9,760 10.00 % 9,760 9,760
Marlow 12/31/2010 * 13,000 10.00 % 13,000 13,000
Goss2 02/28/2014 03/09/2016 50,000 10.00 % 29,120 50,000
Krochak 07/25/2014 01/25/2015 30,000 10.00 % — 30,000
Krueger 12/09/2014 06/06/2015 15,000 10.00 % — 15,000
Total debt liabilities 12,164,065 13,173,815

[integral]

$29,000 in cash will not be servicing that debt.

[integral]

$29,000 is not servicing this either:

Convertible note issued on October 1, 2014, at a 12% interest rate per annum for three (3) years, convertible to shares of common stock at a 30% discount to market price of Company common stock. $ 250,000 $ 250,000
Convertible note issued on October 1, 2014, at a 12% interest rate per annum for three (3) years, convertible to shares of common stock at a 30% discount to market price of Company common stock. 223,000 245,000
Convertible note issued on October 20, 2014, at a 12% interest rate per annum for three (3) years, convertible to shares of common stock at a 30% discount to market price of Company common stock. -- 45,000
Convertible note issued on December 16, 2014, at a 12% interest rate per annum for one (1) year, convertible to shares of common stock at $2.00 per share or if the Company’s common stock falls below a certain price, at a 40% discount to market price of Company common stock, subject to further adjustments in certain cases. 250,000 250,000
Convertible note issued on December 16, 2014, at a 10% interest rate per annum for one (1) year, convertible to shares of common stock at 40% discount to market price of Company common stock, subject to further adjustment in certain cases. 28,000 249,500
Convertible note issued on December 16, 2014, at a 8% interest rate per annum for nine (9) months, convertible to shares of common stock at a 42% discount to market price of Company common stock, subject to further adjustment in certain cases. -- 104,000
Convertible note originally issued on January 30, 2015 and amended on June 30, 2015, at a 9% interest rate per annum maturing on January 1, 2016, convertible to shares of common stock at a 20% discount to market price of Company common stock, subject to further adjustment in certain cases. 205,082 --
Convertible note issued on February 12, 2015, at a 12% interest rate per annum for six (6) months, convertible to shares of common stock at a 30% discount to market price of Company common stock, subject to further adjustments in certain cases. 144,471 --
Convertible debenture issued on February 20, 2015, at a 10% interest rate per annum for five (5) years, convertible into shares of common stock using the average of the lowest intraday trading price and the closing price during any 20 day window, surrounding the conversion of the note. 89,000 --
Convertible note issued on March 11, 2015, at a 8% interest rate per annum for one (1) year, convertible to shares of common stock at a 40% discount to market price of Company common stock, subject to further adjustments in certain cases. 25,435 --
Convertible note issued on March 12, 2015, at a 8% interest rate per annum for one (1) year, convertible to shares of common stock at a 40% discount to market price of Company common stock, subject to further adjustments in certain cases. 5,000 --
Convertible note issued on June 3, 2015, at a 6% interest rate per annum for one (1) year, convertible to shares of common stock at a 47% discount to market price of Company common stock, subject to further adjustment in certain cases. 46,000 --
Convertible note issued on July 15, 2015, at a 10% interest rate per annum for nine (9) months, convertible to shares of common stock at a fixed rate of $0.05 per share. 10,000 --
Convertible note issued on August 5, 2015, at a 12% interest rate per annum for one (1) year (deferred for first 3 months), convertible to shares of common stock at the lesser of $0.10 or a 40% discount to market price of Company common stock, subject to further adjustment in some cases. 55,000 --
Convertible note issued on September 2, 2015, at a 10% interest rate per annum for nine (9) months, convertible to shares of common stock at a fixed rate of $0.05 per share, subject to further adjustment in certain cases. 5,000 --
Convertible note issued on September 2, 2015, at a 10% interest rate per annum for nine (9) months, convertible to shares of common stock at a fixed rate of $0.05 per share, subject to further adjustment in certain cases. 5,000 --
Convertible note issued on September 2, 2015, at a 10% interest rate per annum for nine (9) months, convertible to shares of common stock at a fixed rate of $0.05 per share, subject to further adjustment in certain cases. 10,000 --
Convertible note issued on September 2, 2015, at a 10% interest rate per annum for nine (9) months, convertible to shares of common stock at a fixed rate of $0.05 per share, subject to further adjustment in certain cases. 5,000 --
Convertible note issued on September 9, 2015, at a 6% interest rate per annum for one (1) year, convertible to shares of common stock at a 47% discount to market price of Company common stock, subject to further adjustment in certain cases. 36,000 --
Convertible note issued on September 30, 2015, at a 8% interest rate per annum for nine (9) month, convertible to shares of common stock at a 42% discount to market price of Company common stock, subject to further adjustment in certain cases. 30,000 --
Total 1,421,988 1,143,500