Replies to post #16802 on Elite Group Inc. (fka ELTZ)

[sharky]

Pirate Oilfield Services, Inc. is an oil and gas service company located in Midland, Texas. Pirate provides multiple services to oil and gas companies including roustabout services, equipment rental, welding services, and many others. Pirate had revenue of $6.5 mil for 2016 and will do approximately $5 mil in revenue for 2017 due to the reorganization and ramp up. New services in addition to the roustabout work will be vacuum truck rental, grubber clearing and site, pipeline and pit construction. This new work will be added through Pirate's existing MSA's (Master Service Agreements) with multiple companies such as Pioneer, Energen, Anadarko, Koch Industries, Parsley, Sandridge, McGuire and others. Pirate estimates its revenue could increase to over $8 million for 2018.


Google maps: https://www.google.com/maps/place/5412+Canyon+Oaks+Dr,+Lago+Vista,+TX+78645/@32.3343912,-101.3611665,6z/data=!4m5!3m4!1s0x865b3ad9eaeedc27:0x2c8b8f9287e651a6!8m2!3d30.4538329!4d-97.9986846



$ELTZ

[Jack_of_All_Trades]

Well said. ELTZ ridiculously undervalued with acquisitions worth millions!

[TheLionAndTheLamb]

I think we should all be basing the OS around 500M. That's how I'm doing all my calculations.

I believe we're about $ 20K more to go in notes. So that's around 30M more shares. These are all estimates based on my observation, reading and notes.