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Replies to #149280 on FLEX NATION

Ksweets101

01/17/19 12:02 PM

#149285 RE: Flex #149280

Six Six Five Energy, Inc. Issues Shareholder Update
BY GlobeNewswire
— 10:14 AM ET 01/17/2019
OKLAHOMA CITY, Jan. 17, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- Six Six Five Energy, Inc. (OTC: SSOF) today provides a shareholder update and announces that it will release its 2018 year-end financial performance on or prior to February 15, 2019, as well as provide its 2019 annual forecast projections based on current operations.

“As we strategize to expand current operations, we will continue to seek local acquisition opportunities to add to future revenue, as was previously stated in our December 4, 2018 press release,” said Jason Clayton, president and CEO. “The rig purchases and sale transactions which have been on deck for some time remain in the pipeline for the second quarter of the year. As a reminder, these sales are not closed and as such should still be considered speculative. We will have more updates on these transactions with our 2019 forecast when released.”

10sion Inc.

Since terminating its LOI with 10sion Inc., Six Six Five continues to be in discussion with 10sion’s management on an independent basis whereby Six Six Five might act as a preferred vendor providing labor and supplies or consulting services or both. This assumes 10sion moves forward with its own business plans, in which the Company could develop a good customer relationship.

Shareholder Communication

Six Six Five is updating its current website and will release a more up-to-date site in coming weeks to provide better communication to its shareholders.

“We are taking steps to create a more active and dynamic website from which we can speak to our shareholders,” said Clayton. “Dave Ho did a good job of communicating with our shareholder base and I want to build on that focus. Six Six Five continues to proceed with internal plans to complete the full financial audit of the Company and a Registration statement as soon as practically possible; we will provide more updates on this when we release our 2019 forecast.”