Replies to post #63215 on Sixty Six Oilfield Services Inc (SSOF)

[SooS416]

You do realize that 66 Oilfield as of July has nothing to do with SSOF correct? They clearly state that the material business operations are divested with only certain operations and inventory being consolidated into Fluid End. Meaning that 66 Oilfield is a separate company operating outside of SSOF.

Per the companies own filings

https://backend.otcmarkets.com/otcapi/company/financial-report/208414/content

"The exchange of preferred stock additionally provided that the material
business operations of 66 Oilfield Services, LLC be divested and that certain business operations and inventory including any current pipe transaction or inventories attributable to 66 Oilfield Services, LLC be consolidated within Fluid End Sales. The divestiture of 66 Oilfield Services, LLC has been completed subsequent to the exchange as directed
with the same effective date."

di·vest·i·ture
/di'vest??CH(o?o)?r,d?'vest??CH(o?o)?r/Submit
noun
the action or process of selling off subsidiary business interests or investments.
"the divestiture of state-owned assets"

[timetomakemoney]

Awesome!!! Great Ready the launching pad is cleared!