Replies to post #27691 on Sixty Six Oilfield Services Inc (SSOF)

[yankees18]

Look at your last paragraph. That's all opinion

[slickinvest]

Holly! But its moving North hmmm!

[freebies]

LOL Read it fully bud before you post junk...

"A former affiliate of the Company has an agreement to acquire the notes from the lender and, upon payment of the acquisition price, to satisfy the notes in full by means of conversion of notes
into whatever number of shares of authorized and unissued common stock the Company has available at the conversion date. "


So its not with those debt holders aka dumpers anymore and it is acquired by some former insider and there is no way he can convert with 500 million AS.

give it a break...

jmo

[GmanCaddy]

Why would a private company in business for 30 years merge into a shell company and take on default loans? They didn't even get any of the loan money so why would they ever agree to pay back loans they never even benefitted from? Non-issue, but I have no idea why the price is now lower than when the 2nd quarter revenue numbers and filings updated

[Thehoff89]

Fake news

[whitie]

Did you even read the financial statement before you posted this ?

[Poor Trader]

still? did they not pay them? are they making money now?

[INSTATRADER]

Hey, Im speaking to the CEO today.

Are you still BEARISH here?

What questions do you have for the CEO?

I ask as you are a MOD with a 5 month old sticky in BOLD so my assumption is you have MANY questions that you would like to see answered.

NOW IS THE TIME

[tchalla]

are these loans still in default? does anybody know?

[tchalla]

nevermind, according to ssof sept 30 quarterly, all 17 of those loans totally $399k are still in default. geesh.

[deafcone]

This sticky needs to be removed. It's no longer accurate.

[Ksweets101]

ZERO CONVERTIBLES...0. Z.E.R.O!
THEY WERE RE NEGOTIATED AS REGULAR DEBT PAYMENTS SEPT 2017!!

For the love of god, someone please remove this out dated irrelevant sticky. It doesn’t apply anymore.