New Asia Holdings Inc (EM) (NAHD)

Great news this week on the plan for a 100% acquisition of NAHD by Safe & Green Holdings (SGBX) ...

Safe & Green Holdings Announces LOI for Transformative Acquisition of Olenox and Machfu.com
Strategic Transaction Introduces Game-Changing Energy and IoT Innovations, Setting the Stage for Long-Term Shareholder Value

Michael McLaren appointed Chairman of Safe & Green

MIAMI, FL, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, today announced the execution of a binding Letter of Intent (“LOI”) to acquire 100% of the outstanding securities of New Asia Holdings Inc. (OTCQB: NAHD) (“NAHD”). The acquisition includes a diversified energy company Olenox Corp. (“Olenox”), a wholly owned subsidiary of NAHD. The acquisition also includes Machfu.com (“Machfu”), a wholly owned subsidiary of Olenox, specializing in secure connectivity and automation solutions for industries such as oil & gas, utilities, and manufacturing.

Olenox’s operations include three vertically integrated business units: Oil & Gas Production, Energy Services, and Energy Technologies. Olenox specializes in acquiring and revitalizing underdeveloped energy assets, leveraging proprietary technologies and operational expertise to enhance production efficiency, lower costs, and minimize environmental impact.

Key achievements of Olenox include expanding production from 113 barrels of oil equivalent per day (BOE/day) to a projected 700 BOE/day through increased operational capacity and innovative technologies. By focusing on distressed and neglected oil and gas fields in Texas, Oklahoma, and Kansas, Olenox has created a scalable model that addresses industry inefficiencies while maintaining a strong commitment to sustainability. Following the acquisition of NAHD, Safe & Green will continue to maintain its current operations and fabrication of modular structures. In addition, the Company plans to leverage its existing facilities, including its Waldron facility in Durant, Oklahoma, to support its new operations in the oil and gas industry. Company management expects that this dual focus will enable the combined entity to achieve greater efficiencies and benefit from economies of scale across its business segments. This approach aligns with the Company’s overarching vision to lead advancements in sustainable energy, food, water, and shelter as essential pillars for fostering global resilience.

Olenox’s proprietary plasma pulse and ultrasonic cleaning tools set it apart from traditional energy players. These advanced technologies allow for cost-effective recovery of oil and gas while reducing the environmental footprint, ensuring alignment with global sustainability trends. Olenox’s Energy Services division, with its customized service rigs and reclamation capabilities, enhances the value of its production assets while generating additional revenue streams through third-party contracts.

Machfu.com is a trailblazer in the Industrial IoT sector. Its flagship product, the MachGateway®, and Edge-to-Enterprise™ software enable seamless integration of legacy systems with modern IoT platforms. With over 20,000 gateways deployed globally, Machfu has proven its ability to deliver real-time data analytics, predictive maintenance, and operational efficiency to industrial clients.

Machfu’s technology supports cost reduction and productivity gains by minimizing downtime and optimizing equipment performance. For example, its Bluetooth IoT gateways connect over 125 sensors per device, enabling scalable, low-cost solutions for monitoring and control in industrial environments. These capabilities directly address the growing demand for automation and digital transformation in energy and other key industries, creating high-margin recurring revenue opportunities for the combined entity.

In connection with the transaction, Michael McLaren, recently appointed CEO of Safe & Green, as well as founder and CEO of Olenox, will assume the additional role of Chairman of Safe & Green, succeeding Paul Galvin, who will remain on Safe & Green’s board of directors. McLaren brings decades of experience in energy production, sustainability, and innovation, making him uniquely positioned to lead the company’s expanded vision.

https://ml.globenewswire.com/Resource/Download/54e2a9ad-a000-460c-9a79-5c205c295822/newly-appointed-chairman-and-ceo-michael-mclaren.png

Newly appointed Chairman and CEO Michael McLaren

Michael McLaren stated, “We believe that the combination of Olenox and Machfu with Safe & Green will create a powerful, diversified entity with robust growth potential in both the energy and technology sectors. Olenox provides stable and growing revenues from its oil and gas assets, complemented by the scalability of Machfu’s recurring IoT revenue streams. We believe that this synergy will position the combined company to capture significant market opportunities in renewable energy, digital transformation, and industrial automation. By maintaining Safe & Green’s current modular operations, while leveraging facilities such as our Waldron facility to support oil and gas activities, we expect to achieve greater operational efficiencies and economies of scale. For Safe & Green shareholders, this transaction represents a strategic pivot toward high-growth markets. Olenox’s proven financial performance, including strong asset utilization and innovative technologies, enhances the Company’s equity position and profitability potential. Machfu’s advanced IoT capabilities further diversify the revenue base, providing exposure to a rapidly growing global market. I am honored to lead this next chapter and deeply appreciate Paul Galvin’s exceptional leadership and dedication. I look forward to working closely with Paul and the board to realize our shared vision.”

Paul Galvin added, “This transaction marks an exciting milestone for Safe & Green and its shareholders. The combination of Olenox and Machfu with Safe & Green creates a powerful, diversified entity with robust growth potential in both the energy and technology sectors. We expect that this transaction will expand the Company’s addressable markets, increase operational efficiencies, and position the combined entity as a leader in innovative, sustainable solutions. Importantly, we believe leveraging existing facilities to support both modular and oil and gas operations will maximize efficiency and drive economies of scale. Moreover, Olenox is already profitable and on a strong growth trajectory. By combining their operations with our own, I am confident this transaction will drive significant value for shareholders. Furthermore, we believe this transaction will help address the Company's Nasdaq listing deficiency by strengthening our financial position. I am also thrilled to welcome Mike McLaren as Chairman as we enter this new phase of growth and innovation.”

About Safe & Green Holdings Corp.

Safe & Green Holdings Corp., a leading modular solutions company, operates under core capabilities which include the development, design, and fabrication of modular structures, meeting the demand for safe and green solutions across various industries. The firm supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value. For more information, visit https://www.safeandgreenholdings.com/ and follow us at @SGHcorp on Twitter.

No Offer or Solicitation

This communication is for informational purposes only and is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Safe Harbor Statement

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding the Company’s letter of intent to acquire NAHD, including its subsidiary Olenox and Olenox’s subsidiary Machfu.com, closing of such acquisition, the Company’s plans to leverage its existing facilities to support the combined company’s operations in the oil and gas industries, Olenox’s proprietary plasma pulse and ultrasonic cleaning tools that allow for cost-effective recovery of oil and gas while reducing the environmental footprint, and Machfu’s MachGateway® and Edge-to-Enterprise™ software which enable seamless integration of legacy systems with modern IoT platforms, and the Company’s ability to maintain its Nasdaq listing. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to successfully complete the transaction with NAHD, the timing to consummate the proposed acquisition, the diversion of management time on transaction-related issues, unexpected costs, charges or expenses resulting from the acquisition, potential litigation relating to the acquisition that could be instituted against the parties to the letter of intent or their respective directors, managers or officers, including the effects of any outcomes related thereto, the Company’s ability to successfully leverage its existing facilities to support its planned new operations for the combined entity in the oil and gas industries, Olenox’s ability to successfully leverage its proprietary plasma pulse and ultrasonic cleaning tools, Olenox’s ability to successfully generate additional revenue streams through third-party contracts, Machfu.com’s ability to successfully leverage its advanced IoT capabilities to diversify and increase its revenue base, the effect of government regulation, the Company’s ability to maintain compliance with the NASDAQ listing requirements, and the other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Investor Relations:

Crescendo Communications, LLC
(212) 671-1020
sgbx@crescendo-ir.com

Good afternoon.

$NAHD EHP-54: Environmentally Safe Micro-Fracking with Plasma Pulse Technology

✅ Improved Inflow
✅ Enhanced Recovery
✅ Risk Mitigation
✅ Smallest OD
✅ Cost-Effective

Learn more: https://loom.ly/4izOK_0
#OTCQB : $NAHD

#EHP54 #Fracking #HydroFracking #OilfieldServices #Olenox

$NAHD ~ UST-75 (Ultrasonic Stimulation Technology) is a clean, efficient, & cost-effective solution for well treatments. Learn more about the details of our UST-75 technology: https://loom.ly/aUDSx6Y
#NAHD #UltrasonicStimulation #WellServices #Innovation #UST75 #EnergyTechnology

$NAHD: #Olenox Energy Services provides essential #WellServices & end-of-life reclamation, using customized service rigs & #HydroVac units for faster operations, minimizing time and fuel consumption to drive down costs. Learn more: https://loom.ly/UpXFiyo
#Olenox Energy Services provides essential #WellServices & end-of-life reclamation, using customized service rigs & #HydroVac units for faster operations, minimizing time and fuel consumption to drive down costs.

Learn more: https://t.co/7lUv6aa5eH

🇺🇸 #OTCQB: $NAHD#CleanTech pic.twitter.com/r24LiBFiv9— Olenox Industries Inc. (@olenoxinc) November 18, 2024

$NAHD operates 3 interconnected business units: Oil & Gas Energy Services https://loom.ly/UpXFiyo
@OlenoxCorp

$NAHD Mr. Nestor's entrepreneurial spirit & problem-solving have led him to establish companies in E&P, energy transition, & AI-based production software. With a BS in Geology, MSc, & MBA in Finance, he's a perfect fit for the job. Visit: https://loom.ly/QxVQlp0 🇺🇸 #OTCQB $NAHD

Good morning $NAHD

$NAHD Our EHP-75 Plasma Pulse Tool generates plasma pressure pulses to create micro-fractures in low permeability formations. This #technology can improve recovery factors & increase production at reduced costs.

Read: https://loom.ly/xvX2Sh0
#NAHD #Oil #Energy #OilStocks #OTCQB

$NAHD New Asia Holdings Inc (NAHD) Announces Shareholder Update


https://www.globenewswire.com/en/news-release/2024/10/23/2967817/0/en/New-Asia-Holdings-Inc-NAHD-Announces-Shareholder-Update.html

Electra, Oct. 23, 2024 (GLOBE NEWSWIRE) -- New Asia Holdings Inc./Olenox Corp. (NAHD” or the Company) (OTCQB: NAHD), announces a shareholder update.

Corporate Developments

The company continues to work on its consolidated audited financials and expects to be completed and filed by the end of November and is on target to complete and file them by then.

New Asia has also been working in the background with its capital stock to meet the OTC market requirement of a 10% public float by reducing the outstanding shares. The company was removed from OTCQB in mid-August for not having 10% of its stock in the public float. The company now meets those requirements and currently has 12.7 percent of its outstanding shares in the float.

Olenox is a fully integrated energy company that produces responsible energy products both traditional and renewable. Our continued focus on carbon footprint reduction and streamlined oil and gas production not only benefits the environment and local communities but also add value to Olenox bottom line.

The company continues as well to work towards our green initiative to produce carbon-neutral products as well as integrate solar and other renewable technologies into our daily oil and gas production operations.

Acquisitions



On August 13th, 2024, New Asia announced it had purchased 162 miles of Texas pipeline from Taylor Consulting. The company is currently looking to bring the pipeline back into production and working with the anchor customer to renew takeoff agreements. An existing agreement is in place for 55,000 MCF per month and the company is looking at several other projects that could be attached to the pipeline including power generation and bitcoin mining operations.

On August 8th, 2024, New Asia/Olenox announced that its wholly owned Olenox Kansas has been selected to operate 181 natural gas wells in the Bradshaw portion of the Giant Hugoton Field in Kansas. The company continues to bring on production and is working towards the goal of having half the field in production by Q1 2025. The company to date has brought back 32 wells into production and is now working on abandoning 3 wells to meet the contract requirements for the year.

New Asia/Olenox continues to work on several other acquisitions and is in the final stages of purchase negotiations with 2 of the 4 currently under consideration.

Technology

Olenox continues to develop its technologies and is pushing its downhole tooling forward. Modifications were needed for both the Plasma pulse tool and the ultra-sonic tool to meet industry standards in Texas and the company will begin to use the technology in our field in the coming months.

$NAHD New Asia/Olenox continues to work on several other acquisitions and is in the final stages of purchase negotiations with 2 of the 4 currently under consideration. https://stockhouse.com/news/press-releases/2024/10/23/new-asia-holdings-inc-nahd-announces-shareholder-update

$NAHD News: New Asia Holdings Inc (NAHD) Announces Shareholder Update

Electra, Oct. 23, 2024 (GLOBE NEWSWIRE) -- New Asia Holdings Inc./Olenox Corp. (NAHD” or the Company) (OTCQB: NAHD), announces a shareholder update.

Corporate Developments

The company continues to work on its consolidated audited financials and expects to be completed and filed by the end of November and is on target to complete and file them by then.

New Asia has also been working in the background with its capital stock to meet the OTC market requirement of a 10% public float by reducing the outstanding shares. The company was removed from OTCQB in mid-August for not having 10% of its stock in the public float. The company now meets those requirements and currently has 12.7 percent of its outstanding shares in the float.

Olenox is a fully integrated energy company that produces responsible energy products both traditional and renewable. Our continued focus on carbon footprint reduction and streamlined oil and gas production not only benefits the environment and local communities but also add value to Olenox bottom line.

The company continues as well to work towards our green initiative to produce carbon-neutral products as well as integrate solar and other renewable technologies into our daily oil and gas production operations.

Acquisitions

On August 13th, 2024, New Asia announced it had purchased 162 miles of Texas pipeline from Taylor Consulting. The company is currently looking to bring the pipeline back into production and working with the anchor customer to renew takeoff agreements. An existing agreement is in place for 55,000 MCF per month and the company is looking at several other projects that could be attached to the pipeline including power generation and bitcoin mining operations.

On August 8th, 2024, New Asia/Olenox announced that its wholly owned Olenox Kansas has been selected to operate 181 natural gas wells in the Bradshaw portion of the Giant Hugoton Field in Kansas. The company continues to bring on production and is working towards the goal of having half the field in production by Q1 2025. The company to date has brought back 32 wells into production and is now working on abandoning 3 wells to meet the contract requirements for the year.

New Asia/Olenox continues to work on several other acquisitions and is in the final stages of purchase negotiations with 2 of the 4 currently under consideration.

Technology

Olenox continues to develop its technologies and is pushing its downhole tooling forward. Modifications were needed for both the Plasma pulse tool and the ultra-sonic tool to meet industry standards in Texas and the company will begin to use the technology in our field in the coming months.

About Olenox Corp.
Olenox Corp.is a diversified energy company based in the state of Texas that currently operates three vertically integrated business units – Oil and Gas, Energy Services and Energy Technologies.

Oil and Gas: focuses on acquiring and optimizing underdeveloped oil and gas assets in Texas, Kansas and Oklahoma. It employs both internally developed and third party-licensed technologies to increase production, optimize performance and reduce costs. Olenox currently operates several oil and gas properties in Texas and Kansas.
Energy Services: This business unit supports Olenox’s overall exploration and production efforts with “well services” and “end of life reclamation.” Olenox Energy Services owns and operates a combination of customized service-wireline rigs and HydroVac units. This specialized equipment allows for faster “rig in” and “rig out” times. Overall, Olenox Energy Services’ equipment and experience combination seeks to reduce the amount of time and fuel burned to complete an abandonment or workover thus reducing costs.
Energy Technologies: This business provides both R&D and existing technology to enable increased production in the field. Olenox flagship intellectual property is its downhole enhanced recovery plasma pulse tooling and ultrasonic cleaning tools.
Each of Olenox’s three vertically integrated business units operate in tandem to help Olenox capture unique opportunities that often go untapped by the Company's competitors.

Safe Harbor Statement: Certain statements and information included in this release may constitute "forward-looking statements" as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.

For more information, please contact:
Olenox Corp.
205S Bailey Street, Electra, Texas 76360
Email: mikem@olenox.com
Phone: +1 940-205-1257

Facebook: https://www.facebook.com/OlenoxCorp
Instagram: https://www.instagram.com/olenoxcorp/
Twitter: https://x.com/OlenoxCorp
YouTube: https://www.youtube.com/@OlenoxCorp
Linkedin: https://www.linkedin.com/company/olenoxcorp/

$NAHD @OlenoxCorp Our fleet of equipment, specialty tools, and 2 combo service rigs are ready to go and perfect for handling both routine and complex abandonment projects. We constantly strive for reliable and efficient solutions.
https://loom.ly/cm1HmnM
#Technology #Oil #OTCQB

$NAHD .35 +17.45% OlenoxCorp's focus is on acquiring mature, neglected assets across the US. We leverage our expertise to maximize value and use the cash flow to fund further R&D for our mobile gas-to-liquids technology, turning challenges into opportunities.
Learn more: https://loom.ly/UpXFiyo
#Technology #OilfieldServices #Oilfield #Oil #Gas #OilStocks #Energy #EnergyTechnology #OilExploration #OilProduction #NAHD #OTCQB

$NAHD Olenox Corp Trading on the #OTCQB #low #float #OIL #GAS in Play! Olenox strives to innovate in the industry with cutting-edge technology. When combined with the UST, our EHP-75 plasma pulse tool turns a profit at reduced costs in just one trip into a well. Learn more: https://loom.ly/b8u_5WY
#Technology #OilfieldServices #Oilfield #Oil #Gas #OilStocks #Energy #EnergyTechnology

#OilExploration #OilProduction #NAHD #OTCQB https://www.reddit.com/r/Robinhoodpennystocks2/comments/1fj27hb/nahd_olenox_corp_trading_on_the_otcqb_low_float/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

$NAHD - “We are honored to be able to work within such a historical Field,” says Olenox CEO Michael McLaren. “We have completed the necessary agreements with the Kansas Corporation Commission and have begun our field operations at the start of this month”. https://finance.yahoo.com/news/asia-holdings-inc-announces-olenox-130100624.html

$NAHD CEO Michael McLaren highlights the company's management team's experience and expertise in the oil and gas industry. Our teams know how to maximize our time, money, and manpower to ensure all of our shareholders are satisfied.
Catch the full interview: https://loom.ly/HEY4o6A
#MediaInterview #Oilfield #Oil #Gas #OilStocks #Energy #EnergyTechnology #OilExploration #OilProduction #OilfieldServices #NAHD #OTCQB

$NAHD Our proprietary plasma pulse and ultrasonic cleaning tool offer the best combination for reconditioning and restimulating wellbore production—perfect for boosting underproducing assets.
https://loom.ly/b8u_5WY #Technology #OilfieldServices #Oilfield #Oil #Gas #OTCQB

$NAHD Tweet: Olenox Corp CEO Michael McLaren talks about the company's plans for the future, aiming for 1,500 barrels a day by early 2025. With exciting news on the horizon, Olenox Corp is primed for growth and potential. Watch: https://loom.ly/HEY4o6A #Oil #Gas #Energy #OTCQB
CEO Michael McLaren talks about the company's plans for the future, aiming for 1,500 barrels a day by early 2025. With exciting news on the horizon, Olenox Corp is primed for growth and potential.

Watch: https://t.co/bI3PxdPPTg#Oil #Gas #Energy #OTCQB pic.twitter.com/eZSaEXUkoF— Olenox Industries Inc. (@olenoxinc) September 4, 2024

$NAHD @OlenoxCorp Our competitive edge comes from in-house field equipment and optimization technologies. This integration allows us to reduce operational costs and take on distressed oil and gas assets that larger companies might overlook.
https://loom.ly/cm1HmnM @OTCMarkets

$NAHD just got its overdue financial filings posted. This should bring the stock back to current trading status soon.
Link:
https://www.otcmarkets.com/filing/html?id=17800741&guid=YeO-kaQlROGaJth

On the lookout for a press release too.

$NAHD on Twitter: "Our vertically integrated structure, from #exploration & production to #oilfield services & proprietary technologies, allows for operational synergies. This integration drives efficiency & creates multiple avenues for potential growth."
Read: https://loom.ly/4wEze3Q

#Oil $NAHD
Our vertically integrated structure, from #exploration & production to #oilfield services & proprietary technologies, allows for operational synergies. This integration drives efficiency & creates multiple avenues for potential growth.

Read: https://t.co/nhZxiaoV9b#Oil $NAHD pic.twitter.com/Lps4Fo6rvz— Olenox Industries Inc. (@olenoxinc) August 28, 2024

$NAHD Update! For CEO Michael McLaren, the real strength of Olenox Corp lies in its team. With entrepreneurial backgrounds and hands-on experience, they're experts in turning distressed properties into valuable assets. "$NAHD Great interview here with CEO Michael McLauren! @OlenoxCorp"

Watch: https://loom.ly/HEY4o6A #Oil #Gas #Energy #OTCQB For CEO Michael McLaren, the real strength of Olenox Corp lies in its team. With entrepreneurial backgrounds and hands-on experience, they're experts in turning distressed properties into valuable assets.

Watch: https://t.co/bI3PxdPPTg#Oil #Gas #Energy #OTCQB pic.twitter.com/z1fdEASy51— Olenox Industries Inc. (@olenoxinc) August 26, 2024

New Twitter (X) post by CEO... looks like developments and updates just getting started

insert-text-here

NEW WEBSITE IS LIVE!!

www.olenox.com

$NAHD CEO INTERVIEW now available with Olenox Corp's CEO Michael McLaren
Link: https://loom.ly/HEY4o6A
#MediaInterview #Oilfield #Oil #Gas #OilStocks #Energy #EnergyTechnology #OilExploration #OilProduction #OilfieldServices #NAHD #OTCQB $NAHD's CEO Michael McLaren shares the journey of building a company in the energy sector. Discover how we're innovating and shaping the future of oil and gas production.

Watch: https://t.co/bI3PxdPPTg#Oil #Gas #Energy #OTCQB $NAHD pic.twitter.com/eW3IYjCjxB— Olenox Industries Inc. (@olenoxinc) August 21, 2024

$NAHD @OlenoxCorp CEO, Michael McLaren, brings over 30 years of energy industry experience to Olenox. His background includes military and energy projects, as well as significant research in clean coal energy and ecological oil agglomerations. Learn more: https://loom.ly/cm1HmnM

New tweet out !!!! company bringing on production with Kansas wells.
Olenox Kansas team has been working steadily since being appointed operator of the 181 wells in Kansas. Today they have reported they currently have 16 wells back online for a total of 500 MCF in production. They continue to work steadily and will update again soon. pic.twitter.com/dHtePZGjKN— Olenox Industries Inc. (@olenoxinc) August 19, 2024

Join Olenox Corp ($NAHD) as CEO Michael McLaren discusses Olenox Corp's groundbreaking tech that's reshaping the energy sector. Find out how they're transforming neglected oil and gas sites into sustainable assets, all while prioritizing both the environment and community well-being.



#OilfieldServices #Olenox #Oilfield #Oil #Gas #OilStocks #Energy #EnergyTechnology #OilExploration #Exploration #OilProduction #US #Texas #Oklahoma #Kansas #DownholeTooling #NAHD #OTC

$NAHD Tweet out as Olenox's financial structure includes $6.7M in total assets, with $1.75M in #oil reserves. Our equity structure balances shareholder equity with strategic debt to support growth and operations.

Read more: https://loom.ly/cm1HmnM

#Energy #Financials #OilMarket #OTCQB $NAHD Olenox's financial structure includes $6.7M in total assets, with $1.75M in #oil reserves. Our equity structure balances shareholder equity with strategic debt to support growth and operations.

Read more: https://t.co/g2t2AU6PSd#Energy #Financials #OilMarket #OTCQB $NAHD pic.twitter.com/WLmYkF92Ya— Olenox Industries Inc. (@olenoxinc) August 19, 2024

$NAHD @OlenoxCorp Olenox Corp is a unique energy provider that operates three vertically integrated business units. We have created a vertically integrated company where each business unit creates value and adds support to the other.

#OTC #OIL

Nice, I'll follow $NAHD on Twitter

Thank you for sharing their website! $NAHD

$NAHD Share Structure

Authorized Shares 4,000,000,000 08/19/2024
Outstanding Shares 265,083,509 08/19/2024
Restricted 249,183,231 08/19/2024
Unrestricted 15,900,278 08/19/2024
https://www.otcmarkets.com/stock/NAHD/security

$NAHD News August 13, 2024

New Asia Holdings Inc (NAHD) Announces Closing of Asset Purchase Agreement with Taylor Consulting (TAYO)
https://finance.yahoo.com/news/asia-holdings-inc-nahd-announces-124500042.html

$NAHD .45 USD +12.50% New Asia Holdings Inc Closed Trading higher

Also glad that NAHD has multiple resources for investors to stay up to date on company developments:

Facebook: https://www.facebook.com/OlenoxCorp
Instagram: https://www.instagram.com/olenoxcorp/
Twitter: https://x.com/OlenoxCorp
YouTube: https://www.youtube.com/@OlenoxCorp
Linkedin: https://www.linkedin.com/company/olenoxcorp/

The NAHD company website looks like it's coming together with new improvements and good information for investors.
http://newasiainc.com/

Strong Monetization Strategy
Our strong business acumen ensures we always have a long-term plan for all of our key investments.

Global Network
Our extensive network affords us the luxury of choosing what are the best investments for our projects.

Carefully Calculated Investments
We double-check all our forecast twice to ensure our financial plans are both feasible and sound.

NAHD looks like a company setting up for substantial growth ahead in the high value energy production sector.

From this week's news on the latest acquisition:

“We are excited about this acquisition as it moves our company into the midstream market and provides a solid cash-flowing asset,” said Olenox CEO Michael McLaren. “We will begin to re-establish take-off agreements and upgrade the pipeline over the next few months”.

The company will introduce its in-house monitoring technologies to increase field efficiencies, reduce costs and better protect the environment during the operation of the pipeline.

New Asia Holdings Inc (NAHD) Announces Closing of Asset Purchase Agreement with Taylor Consulting (TAYO)

New Asia Holdings/Olenox Corp. Acquires Pipeline assets in Texas for $1,600,000 in common stock

Electra, Texas , Aug. 13, 2024 (GLOBE NEWSWIRE) -- New Asia Holdings Inc./Olenox Corp. (“NAHD” or the Company) (OTCQB: NAHD), announces it has purchased a 162 miles of Texas pipeline from Taylor Consulting (OTC:TAYO). The purchase, valued at $1,600,000, was paid by 10,000,000 shares of common stock of NAHD. The Company believes the acquired assets will be a key property moving forward. The acquired asset is 162 miles of pipeline designated as a public utility with associated feeder wells and a large consumer customer attached.

“We are excited about this acquisition as it moves our company into the midstream market and provides a solid cash-flowing asset,” said Olenox CEO Michael McLaren. “We will begin to re-establish take-off agreements and upgrade the pipeline over the next few months”.

The company will introduce its in-house monitoring technologies to increase field efficiencies, reduce costs and better protect the environment during the operation of the pipeline.

About Olenox Corp.
Olenox Corp.is a diversified energy company based in the state of Texas that currently operates three vertically integrated business units – Oil and Gas, Energy Services and Energy Technologies.

Oil and Gas: focuses on acquiring and optimizing underdeveloped oil and gas assets in Texas, Kansas and Oklahoma. It employs both internally developed and third party-licensed technologies to increase production, optimize performance and reduce costs. Olenox currently operates several oil and gas properties in Texas and Kansas.
Energy Services: This business unit supports Olenox’s overall exploration and production efforts with “well services” and “end of life reclamation.” Olenox Energy Services owns and operates a combination of customized service-wireline rigs and HydroVac units. This specialized equipment allows for faster “rig in” and “rig out” times. Overall, Olenox Energy Services’ equipment and experience combination seeks to reduce the amount of time and fuel burned to complete an abandonment or workover thus reducing costs.
Energy Technologies: This business provides both R&D and existing technology to enable increased production in the field. Olenox flagship intellectual property is its downhole enhanced recovery plasma pulse tooling and ultrasonic cleaning tools.
Each of Olenox’s three vertically integrated business units operate in tandem to help Olenox capture unique opportunities that often go untapped by the Company's competitors.

Facebook: https://www.facebook.com/OlenoxCorp
Instagram: https://www.instagram.com/olenoxcorp/
Twitter: https://x.com/OlenoxCorp
YouTube: https://www.youtube.com/@OlenoxCorp
Linkedin: https://www.linkedin.com/company/olenoxcorp/

Safe Harbor Statement: Certain statements and information included in this release may constitute "forward-looking statements" as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.

https://www.globenewswire.com/newsroom/ti?nf=OTIwMzg2OSM2NDIxNDQzIzIyOTMzNTI=
https://ml.globenewswire.com/media/YmU3NzBkZjgtZjdjNC00MDg4LWE5ZGItYWQ1ZGYxMDZjZjZiLTEzMDQ5MDI=/tiny/New-Asia-Holdings-Inc-.png
For more information, please contact:
Olenox Corp.
205S Bailey Street, Electra, Texas 76360
Email: mikem@olenox.com
Phone: +1 940-205-1257

Source: New Asia Holdings Inc.

CEO getting active communicating on Twitter (X) ....looks like just getting started here

$NAHD Recently announced deal is the 1st of many initiatives on our roadmap to building a vertically integrated, profitable energy operation. We will be releasing several major developments over the coming weeks and are excited to regularly update our shareholders.— Olenox Industries Inc. (@olenoxinc) August 16, 2024

$NAHD About Olenox Corp. Olenox Corp. is a diversified energy company based in the state of Texas that currently operates three vertically integrated business units – Oil and Gas, Energy Services, and Energy Technologies.

Oil and Gas: focuses on acquiring and optimizing underdeveloped oil and gas assets in Texas, Kansas, and Oklahoma. It employs both internally developed and third-party-licensed technologies to increase production, optimize performance and reduce costs. Olenox currently operates 16 leases on approximately 2,000 acres with 125 wells on lease to reactivate. Since acquiring the leases in July 2022, Olenox’s Oil and Gas division has intermittently increased production from an average of 7 barrels/day to over 40 barrels per day. After reviewing well control data in the area, Olenox believes that there is more recoverable oil available on these leases.
Energy Services: This business unit supports Olenox’s overall exploration and production efforts with “well services” and “end-of-life reclamation.” Olenox Energy Services owns and operates a combination of customized service-wireline rigs and HydroVac units. This specialized equipment allows for faster “rig in” and “rig out” times. Overall, Olenox Energy Services’ equipment and experience combination seeks to reduce the amount of time and fuel burned to complete an abandonment or workover thus reducing costs.
Energy Technologies: This business provides both R&D and existing technology to enable increased production in the field. Olenox's flagship intellectual property is its downhole-enhanced recovery plasma pulse tooling and ultrasonic cleaning tools.
Each of Olenox’s three vertically integrated business units operates in tandem to help Olenox capture unique opportunities that often go untapped by the Company's competitors.

Facebook: https://www.facebook.com/OlenoxCorp

Instagram: https://www.instagram.com/olenoxcorp/
Twitter: https://x.com/OlenoxCorp
YouTube: https://www.youtube.com/@OlenoxCorp
Linkedin: https://www.linkedin.com/company/olenoxcorp/

$NAHD Electra, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- New Asia Holdings Inc./Olenox Corp. (“NAHD” or the Company) (OTCQB: NAHD), announces Olenox’s wholly-owned subsidiary, Olenox Kansas has been selected to operate 181 natural gas wells in the Bradshaw portion of the Giant Hugoton Field. Discovered in 1926, The Hugoton Complex has produced over 26 trillion cubic feet of gas since its discovery in 1926 and is the largest natural gas field in North America. The operations will be conducted on 61,945 acres that extend nearly 80 miles through Greeley and Hamilton Counties in Kansas.

New Asia Holdings Inc./Olenox Corp. (“NAHD” or the Company) (OTCQB: NAHD), announces it has purchased a 162 miles of Texas pipeline from Taylor Consulting (OTC:TAYO).

$NAHD making progress--

https://globenewswire.com/news-release/2024/08/08/2926934/0/en/New-Asia-Holdings-Inc-Announces-Olenox-Corp-Selected-to-Operate-Within-the-Giant-Hugoton-Gas-Field.html

ETRF backing off here on $NAHD

NEWS OUT!! Another acquisition

New Asia Holdings Inc (NAHD) Announces Closing of Asset Purchase Agreement with Taylor Consulting (TAYO)

New Asia Holdings/Olenox Corp. Acquires Pipeline assets in Texas for $1,600,000 in common stock

https://www.globenewswire.com/news-release/2024/08/13/2929211/0/en/New-Asia-Holdings-Inc-NAHD-Announces-Closing-of-Asset-Purchase-Agreement-with-Taylor-Consulting-TAYO.html

$NAHD I agree that this is a sleeper for sure. I can't wait until it wakes up. Let's go Olenox !!!!

Looking like news is about to flow .. news this week was pretty big 💪

Wow this company is great well done $NAHD !!!!!! This interview is fire.....looking forward to more.
https://x.com/OlenoxCorp