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2morrowsGains

02/18/22 10:47 AM

#95177 RE: gilead23 #95173

FTK...Price in the $1.50's now...Volume up huge today and yesterday. I did pick some up in the $1.30's & low $1.40's for a play. Will set stop orders in case it drops.
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2morrowsGains

03/10/22 6:04 PM

#95809 RE: gilead23 #95173

FTK...Wow, Good cc today!! "Massive opportunity"...Have a listen...
https://www.webcaster4.com/Webcast/Page/934/44725

The proposed amended deal raises Flotek's yearly 10yr backlog revenue to $217M+ a year. It's non-exclusive meaning Flotek can work w/ other interested companies.
Lots of opportunity in organic growth also.

Should have industry leading margins.

The deal will take Flotek where G&A is less than 10% of revenue.

Will not need to build any additional facilities.

I believe ProFac will control approx 40% of Flotek.

Not an expert here, but this sounds like a great deal. Going to re-listen to the call later.
Stock closed @ $1.78 and is currently up a notch AH's