Strategic Environmental and Energy Resources Inc (PK) (SENR)

$SENR unusual volume recently. Think this ticker is out of date or something on here.

SENR~.09,~NEWS SEER Reports Third Quarter 2018 Financial Results
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November 15, 2018 08:31 ET | Source: Strategic Environmental & Energy Resources, Inc.
Third Quarter 2018 Conference Call Scheduled for November 29, 2018 at 4:30 p.m. ET

GOLDEN, Colo., Nov. 15, 2018 (GLOBE NEWSWIRE) -- Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), a provider of environmental, renewable fuels and industrial waste stream management services, reported financial results for its third quarter ended September 30, 2018.

Third Quarter 2018 Financial Highlights

• Total revenue in Q3 2018 was $1.7 million versus $1.6 million in Q3 2017.

• Q3 2018 net loss was $0.3 million in Industrial Cleaning (REGS), net loss of $0.2 million in Environmental Technology Solutions (MV/SEM) and loss of $53,000 in Solid Waste (Paragon Waste Solutions).

• Gross profit margin in Q3 2018 was 12% vs. 10.7% in Q3 2017.

• GAAP net loss attributable to SEER was $1.1 million in Q3 2018 versus a net income of $1.5 million in Q3 2017.

• Q3 2018 adjusted EBITDA loss was $0.5 million compared to income of $2.0 million in Q3 2017.

• Q3 2018 net cash used in operations totaled $1.1 million versus $2.2 million in Q3 2017.

Third Quarter 2018 and Subsequent Financial and Operational Highlights by Division

• Environmental Technology Solutions (MV & SEM)

Environmental Solutions Q3 2018 revenue was $0.8 million, an increase of 11.2% when compared to Q3 2017 revenue of $0.7 million. Gross profit decreased from $0.2 million in Q3 2017 to $0.1 million in Q3 2018. The lower gross profit in Q3 2018 was primarily a result of a reduction in media sales during Q3 2018 when compared to Q3 2017.
MV continues to market and grow its high-margin, recurring revenue from media replacement sales to a steadily increasing base of over 50 landfills, anerobic digester systems and WWTPs across North America. These sales are somewhat seasonal and spikey due to weather and changeout requirements

Continued to market rental systems and is receiving orders for systems to be delivers Q1 2019.
• Paragon Waste Solutions - CoronaLux™

Paragon’s joint venture in Paramount, California is in full commercial operation, serving a predominantly pharmaceutical customer base.
Continued to ramp operations of Paragon Southwest Medical Waste, LLC (PSMW), a waste destruction facility in Anahuac, Texas. The waste stream has more than doubled over Q2 and revenue is ramping up accordingly.
Commenced discussions and negotiations with one of the nation’s largest medical waste operators to receive waste at Paragon’s Texas facility and expect to initiate a pilot program before the end of 2018.
Continued to engage with potential Pacific Rim partners as well as additional medical waste partners in Southern California, Texas, Florida (Broward & Orange counties) and North Carolina (Guilford County) to initiate or expand operations. Licensing revenue is expected Q1 2019.
• REGS

Commenced an estimated $0.4M cleaning project for a large steel company in Pueblo, Colorado, consisting of tank cleaning, ultra-high-pressure water cutting and vacuum truck services. The project is expected to generate revenue over the course of Q4.

Activity continues to ramp surrounding the partnership with Biochar Now (BCN), as several water remediation projects completed in Texas demonstrated that the patented BCN product outperformed alternatives in removing excess nitrogen and phosphorus while successfully destroying invasive algae. REGS has been asked to submit a bid to assist in the clean up of a high-profile lake restoration project in Los Angeles County.

REGS and BCN expect to leverage successful projects and expand both the size and scope of similar projects.

The next phase of a large river remediation project in the South East is expected to begin in Q1 2019 and the equipment manufactured by REGS is performing in line with expectations.

REGS continues to work with leading water experts and service companies to expedite the deployment of its technology within both the water treatment market and the mining industry.
Management Commentary

“The third quarter was highlighted by continued operational execution and foundation building across several divisions,” stated John Combs, CEO of SEER. “Several significant events are currently unfolding, and we have scheduled our earnings call at the end of this month to provide additional time for one or more of these events to come to fruition. We are in discussions with several groups to expand or create new markets throughout the United States and in the Pacific Rim region and we continue to be highly optimistic regarding the long-term adoption of our proprietary CoronaLux technology.

“We are pleased to continue to demonstrate the efficacy of Biochar Now’s patented product in several water remediation projects and are receiving additional opportunities to deploy the product both for cleanup and in pellet form for soil amendment in big ag applications. We have formed a new division, Pellechar, LLC, that is dedicated to marketing and implementing sales of proprietary pellets containing the Biochar Now product. Initial production has proven to be better than expected and is being well received by the market. Full commercial operations and production are scheduled for Q1 2019.

“Management acknowledges the lack of revenue growth but believes we have positioned all divisions to create increases in both revenue and income as we carefully consider significant opportunities being presented to the company. We look forward to our call later this month and reporting progress for which we have been working so hard,” concluded Combs.

Third Quarter 2018 Financial Results

Total revenue in the third quarter of 2018 increased 6.5% to $1.7 million, as compared to $1.6 million in the same year-ago quarter. The increase in revenue is primarily attributable to an increase of approximately $0.4 million or 93% in industrial cleaning revenue, offset by a decrease of $0.3 million or 79% in solid waste revenue.

Industrial Cleaning revenue in the third quarter of 2018 totaled $0.8 million, as compared to $0.4 million in the same year-ago quarter. The increase in industrial cleaning revenue is primarily attributable to a mobile rail car cleaning contract in 2018.

Environmental Solutions revenue in the third quarter of 2018 totaled $0.8 million, as compared to $0.7 million in the same year-ago quarter. The increase in environmental solutions revenue is primarily attributable to an increase in long term contracts in Q3 2018.

Solid Waste (PWS) net revenue in the third quarter of 2018 totaled $94,000 as compared to $0.5 million in the same year-ago quarter. The decrease in solid waste revenue in the third quarter of 2018 is primarily attributable to a lack of unit sales.

Gross margin in the third quarter of 2018 increased to 12%, as compared to 10.7% in the same year-ago quarter. The increase in gross margin was primarily attributable to our increased attention to pricing and aggressive cost management.

Total operating expenses for the third quarter of 2018 decreased to $2.5 million, as compared to $2.7 million in the third quarter of 2017. The decrease in operating expenses is primarily attributable to a decrease in general and administrative expenses.

Net loss attributable to SEER in the third quarter of 2018 totaled $1.1 million or ($0.02) per diluted share, as compared to a net income of $1.5 million or $0.03 per diluted share in the same year-ago quarter.

Adjusted EBITDA loss in the third quarter of 2018 totaled $0.5 million, as compared to an EBITDA gain of $2.0 million in the same year-ago quarter (see definition and further discussion about the presentation of adjusted EBITDA, a non-GAAP term, below).

Cash at September 30, 2018, totaled $38,000 compared to $0.1 million at September 30, 2017.

Further details about the company’s results in the third quarter of 2018 are available in its Quarterly Report Form 10-Q, accessible in the investor relations section of the company’s website at www.seer-corp.com.

Conference Call

SEER CEO John Combs and CFO Heidi Anderson will host the conference call, followed by a question and answer period.

Date: Thursday, November 29, 2018
Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)
Toll-free dial-in number: 1-888-254-3590
International dial-in number: 1-323-994-2093
Conference ID: 6382883

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact MZ Group at 1-949-491-8235.

The conference call will be broadcast live and available for replay at public.viavid.com/index.php?id=132257 and via the investor relations section of the company’s website at www.seer-corp.com.

A replay of the conference call will be available after 7:30 p.m. Eastern time through December 29, 2018.

Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 6382883

Third Quarter 2018 Financial Summary Tables

The following financial information should be read in conjunction with the unaudited financial statements and accompanying notes filed by the company with the Securities and Exchange Commission on November 14, 2018 in its Quarterly Report on Form 10-Q for the period ended September 30, 2018, and which can be viewed at www.sec.gov and in the investor relations section of the company’s website at www.seer-corp.com.

Use of Non-GAAP Financial Information
The Company believes that the presentation of results excluding certain items in "Modified EBITDA," such as non-cash equity compensation charges, provides meaningful supplemental information to both management and investors, facilitating the evaluation of performance across reporting periods. The Company uses these non-GAAP measures for internal planning and reporting purposes. These non-GAAP measures are not in accordance with, or an alternative for, generally accepted accounting principles and may be different from non-GAAP measures used by other companies. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or net income per share prepared in accordance with generally accepted accounting principles.

Set forth below is a reconciliation of Adjusted EBITDA to net income (loss):

Three Months Ended Nine Months Ended
9/30/2018 9/30/2017 9/30/2018 9/30/2017
Net income (loss) continuing operations (1,096,800 ) (1,378,000 ) (2,916,200 ) (3,612,700 )
Net income (loss) discontinued operations 0 2,888,300 41,000 3,366,600
Noncontrolling interest 24,400 23,900 45,200 115,100
Net income (loss) applicable to SEER (1,072,400 ) 1,534,200 (2,830,000 ) (131,000 )

Interest 453,000 256,000 1,432,600 1,212,500
Depreciation and Amortization 113,600 186,700 395,300 597,800

EBITDA, including noncontrolling interest (505,800 ) 1,976,900 (1,002,100 ) 1,679,300


stock based compensation (option comp, warrant comp, stock issued for services) 29,700 68,900 100,700 125,700

Modified EBITDA, including noncontrolling interest (476,100 ) 2,045,800 (901,400 ) 1,805,000

EBITDA, excluding noncontrolling interest (530,200 ) 1,953,000 (1,047,300 ) 1,564,200

Modified EBITDA, excluding noncontrolling interest (500,500 ) 2,021,900 (946,600 ) 1,689,900

About Strategic Environmental & Energy Resources, Inc.
Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), identifies, secures, and commercializes patented and proprietary environmental clean technologies in several multibillion dollar sectors (including oil & gas, renewable fuels, and all types of waste management, both solid and gaseous) for the purpose of either destroying/minimizing hazardous waste streams more safely and at lower cost than any competitive alternative, and/or processing the waste for use as a renewable fuel for the benefit of the customers and the environment. SEER has three wholly-owned operating subsidiaries: REGS, LLC; MV Technologies, LLC and SEER Environmental Materials, LLC; and three majority-owned subsidiaries: Paragon Waste Solutions, LLC; ReaCH4biogas ("Reach") and Pellechar, LLC. For more information about the Company visit: www.seer-corp.com.

Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates," and other terms with similar meaning. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. Statements in this press release regarding future performance or fiscal projections, the cost effectiveness, impact and ability of the Company's products to handle the future needs of customers are forward-looking statements. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.

Investor Relations
MZ Group
Chris Tyson
Managing Director – MZ North America
Direct: 949-491-8235
chris.tyson@mzgroup.us
www.mzgroup.us


STRATEGIC ENVIRONMENTAL & ENERGY RESOURCES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS

September 30, 2018 December 31, 2017
ASSETS Unaudited *
Current assets:
Cash $ 38,200 $ 54,100
Accounts receivable, net of allowance for doubtful accounts
of $460,100 and $460,100, respectively 1,261,400 692,400
Notes receivable, net 306,100 184,600
Prepaid expenses and other current assets 492,900 340,900
Total current assets 2,098,600 1,272,000
Property and equipment, net 993,900 1,296,400
Intangible assets, net 546,000 623,100
Notes receivable, net of current portion 227,000 542,900
Other assets 29,900 16,500
TOTAL ASSETS $ 3,895,400 $ 3,750,900

LIABILITIES & STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 1,726,300 $ 1,436,900
Accrued liabilities 1,358,200 1,307,600
Revenue contract liabilities 739,600 227,300
Deferred revenue 129,800 304,200
Payroll taxes payable 1,014,200 997,700
Customer deposits 1,600 21,600
Current portion of notes payable and capital lease obligations 2,434,600 2,166,300
Notes payable - related parties, including accrued interest 11,800 11,800
Total current liabilities 7,416,100 6,473,400
Deferred revenue, non-current 71,400 113,100
Notes payable and capital lease obligations, net of current portion 659,800 504,300
Total liabilities 8,147,300 7,090,800

Commitments and contingencies
Stockholders’ Equity:
Preferred stock; $.001 par value; 5,000,000 shares authorized; -0- shares issued
Common stock; $.001 par value; 70,000,000 shares authorized; 61,103,575 and 61,100 56,500
56,528,575 shares issued, issuable** and outstanding 2018 and 2017, respectively
Common stock subscribed 25,000 25,000
Additional paid-in capital 22,449,300 20,790,700
Stock subscription receivable (25,000 ) (25,000 )
Accumulated deficit (24,301,900 ) (21,471,900 )
Total stockholders’ equity (1,791,500 ) (624,700 )
Non-controlling interest (2,460,400 ) (2,715,200 )
Total equity (4,251,900 ) (3,339,900 )
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,895,400 $ 3,750,900

*These numbers were derived from the audited financial statements for the year ended December 31, 2017.See accompanying notes.
**Includes 3,110,000 and 190,000 shares issuable at September 30, 2018 and December 31, 2017, respectively, per terms of short-term notes.


STRATEGIC ENVIRONMENTAL & ENERGY RESOURCES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)



For the Three Months Ended
September 30, For the Nine Months Ended
September 30,
Revenue: 2018 2017 2018 2017
Products $ 797,400 $ 717,300 $ 3,216,600 $ 4,268,800
Services 795,500 413,000 2,515,500 1,803,000
Licensing 93,600 453,100 279,000 596,900
Total revenue 1,686,500 1,583,400 6,011,100 6,668,700

Operating expenses:
Products costs 652,200 506,700 2,120,000 2,912,800
Services costs 827,800 561,100 2,420,900 2,069,600
Solid waste costs 4,000 345,500 29,700 455,800
General and administrative expenses 433,300 783,800 1,576,700 2,077,500
Salaries and related expenses 540,600 548,300 1,536,000 1,587,500
Total operating expenses 2,457,900 2,745,400 7,683,300 9,103,200

Loss from operations (771,400 ) (1,162,000 ) (1,672,200 ) (2,434,500 )

Other income (expense):
Interest income - - 21,700 -
Interest expense (453,000 ) (256,000 ) (1,432,600 ) (1,212,500 )
Gain on debt extinguishment 128,000 - 128,000 -
Other (400 ) 40,000 38,900 34,100

Total non-operating expense, net (325,400 ) (216,000 )

(1,244,000

)

(1,178,400

)

Loss from continuing operations (1,096,800 ) (1,378,000 ) (2,916,200 ) (3,612,900 )

Discontinued operations, net of tax - 215,400 - 693,700
Gain on sale of rail operations - 2,672,900 41,000 2,672,900
Discontinued operations, net of tax - 2,888,300 41,000 3,366,600

Loss before earnings from equity method joint ventures (1,096,800 ) 1,510,300 (2,875,200 ) (246,300 )
Income from equity method joint ventures - - - -
Net loss (1,096,800 ) 1,510,300 (2,875,200 ) (246,300 )
(736,500 ) (736,500 )

Less: Net loss attributable to non-controlling interest (24,400 ) (23,900 ) (45,200 ) (115,100 )
Net loss attributable to SEER common stockholders $ (1,072,400 ) $ 1,534,200 $
(2,830,000
) $ (131,200 )

Net loss per share from continuing operations $ (.02) $ (.02) $ (.05) $ (.06)
Discontinued operations $ - $ .05 $ - $ .06
Net income (loss) per share, basic and diluted $ (.02) $ .03 $ (.05) $ *

Weighted average shares outstanding – basic and diluted 60,285,314 55,457,053 58,474,271 54,902,947




STRATEGIC ENVIRONMENTAL & ENERGY RESOURCES, INC.
CONSOLIDATED STATEMENT OF CASH FLOWS
(Unaudited)

For the Nine Months Ended September 30,
Cash flows from operating activities: 2018 2017
Net loss $ (2,875,200 ) $ (246,300 )
Income from discontinued operations 41,000 3,366,600
Loss from continuing operations (2,916,200 ) (3,612,900 )
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization 395,300 595,300
Stock-based compensation expense 87,300 94,000
Stock issued for services 115,000 -
Non-cash expense for interest, common stock issued for debt penalty 1,168,900 1,009,000
Amortization of note discount (29,600 ) -
Non-cash expense for interest, warrants – accretion of debt discount (35,500 ) 6,200
Non-cash expense for extension of warrants - 114,900
Non-cash expense for issuance of warrants - 174,000
Gain on settlement - (102,300 )
Gain on debt extinguishment (128,000 ) -
Changes in operating assets and liabilities:
Accounts receivable (569,000 ) 254,300
Costs in Excess of billings on uncompleted contracts - 13,600
Prepaid expenses and other assets 205,100 160,500
Accounts payable and accrued liabilities 320,000 (278,700 )
Revenue contract liabilities 512,300 (490,700 )
Deferred revenue (216,100 ) (127,900 )
Payroll taxes payable 16,500 (1,300 )
Net cash used by operating activities (1,074,000 ) (2,192,000 )
Cash flows from investing activities:
Purchase of property and equipment (15,600 ) (240,800 )
Proceeds (purchase) of intangibles (100 ) (15,500 )
Proceeds from sale of discontinued operations, net of costs - 2,285,500
Distributions for notes receivable - (300,000 )
Proceeds from notes receivable 224,000 -
Net cash provided by investing activities 208,300 1,729,200
Cash flows from financing activities:
Payments of notes and capital lease obligations (761,200 ) (980,900 )
Proceeds from short-term notes 850,000 750,000
Proceeds from warrant extensions - 148,600
Proceeds from outside minority investment in new subsidiary 300,000 -
Proceeds from the sale of common stock and warrants, net of expenses 420,000 -
Net cash provided by (used in) financing activities 808,800 (82,300 )
Net cash flows from discontinued operations 41,000 461,400
Net decrease in cash (15,900 ) (83,700 )
Cash at the beginning of period 54,100 233,200
Cash at the end of period $ 38,200 $ 149,500

Supplemental disclosures of cash flow information:
Cash paid for interest $ 48,800 $ 197,600
Financing of prepaid insurance premiums $ 373,900 $ 438,300

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Initiating Coverage.

What that means is we wrote a report and will be reporting on their progress ongoing!

https://seekingalpha.com/instablog/295897-roland-rick-perry/5210630-strategic-environmental-and-energy-senr-0_20

Mote Marine and Red Tide.

BOCA GRANDE (WWSB) - As the entire Southwest coast of Florida continues to battle with red tide, MOTE Marine Laboratory is testing something new that they believe may be the solution to getting rid of it.

They put it to the test this week in a Boca Grande canal after testing it out for months in their lab right here in Sarasota. It's a machine that uses an ozone treatment system to kill red tide cells that are in high concentration.

http://www.mysuncoast.com/community/mote-marine-may-have-found-a-solution-to-killing-red/article_81d65578-a0db-11e8-bd68-4736c824eb94.html

Good conference call.

4 years no posts.

Damn.. they should just put them back out! Those numbers were good!

Hmmm they put their earnings out earlier which were damn good. Now OTC is showing when they will haha.. someone messed up

Hmmm they put their earnings out earlier which were damn good. Now OTC is showing when they will haha.. someone messed up

This could have a good run today .

not really...crematoriums can take care of the issue with pathogens ...dont believe this would be of interest to SENR

Company has the answer to dispose of medical waste contaminated by ebola

breaking out... news coming?

Nice steady climb since $1.00. Price and volume before news?

I requested iHUB to correct this message board to reflect SENR messages not PCC.

The split was needed to attract a deal or new financing. If you are still involved with this company dont give up.
I think it will be a big winner.

Put this back on your screener....

Senr has assets and a good number for revenue. They are growing in a down economy, the only thing here is the low volume in this stock. The word is the shares of this company are in very solid hands. Not alot of sellers here, and with a small investment I just made I think I will do very well for my slef.

This company is gearing up....

From what I hear.. Financials are getting audited, for the last three years.
Deals will be announced, and Projections are to come.
I think this is the best time to get in.. GREAT ENTRY POINT HERE!!!!

I am going to nibble on this one for a bit...
Lets see what happens.

John Combs III konows what it takes to get business done and he knows the right people to make things happen. I have a very good feeling about this stock.

I think this penny will go far......

I feel this needs some updating.

COMMERCE CITY, CO--(MARKET WIRE)--Aug 11, 2008 -- Strategic Environmental & Energy Resources, Inc. (SEER) (Other OTC:SENR.PK - News), a leading provider of technology-based industrial services and solutions in the environmental, energy, and rail sectors, today announced that a Professional Paper developed by its subsidiary, MV, LLC, was featured at the recent Rocky Mountain Energy Epicenter conference.

The paper, entitled "Capture and Beneficial Use of Fugitive Production Tank Vapors," was on display throughout the three-day conference, which was co-sponsored by the American Association of Petroleum Geologists -- Rocky Mountain Section (RMS-AAPG) and the Colorado Oil and Gas Association (COGA). "This new technology will provide a very attractive solution to the state's crackdown on emissions of O&G operators that went into effect on May 1, 2008, and we are committed to providing viable economic solutions to the O&G industry throughout the country," stated J. John Combs, SEER's CEO. "This proprietary technology represents a solution for one of the largest contributors to green-house gases in Colorado and other states."

Dr. Paul Trost and Fred Varani, co-founders of MV and co-authors of the paper, said, "We are delighted to have been asked to exhibit our capabilities at this prestigious conference and appreciate the invitation of RMS-AAPG and COGA. MV has developed a strong portfolio of proprietary 'economic environmental solutions' and renewable energy alternatives that offer enormous benefits to companies involved in oil & gas and many other industries where harmful or malodorous emissions are a concern. The broad exposure we received at the conference has resulted in numerous sales leads and indications of interest from potential customers and business partners."

Based in Golden, Colorado, MV is an innovative developer and provider of technology-based environmental solutions and renewable energy alternatives. Clients include Fortune 500 companies in the oil & gas, mining, livestock, beverage, waste water, and other industries. All these businesses have regulatory and practical reasons to minimize or eliminate the release of harmful gases into the atmosphere as well as capture and utilize waste sources wherever feasible.

About Strategic Environmental & Energy Resources, Inc.

Strategic Environmental & Energy Resources, Inc. is a leading provider of technology-based industrial services and solutions in the environmental, energy, and rail transportation sectors. The Company has three operating subsidiaries: REGS, LLC (d/b/a Resource Environmental Group Services), which provides industrial services to companies in the petroleum, industrial, manufacturing, and medical industries, as well as to university, government and environmental consulting sectors; Tactical Cleaning Company, LLC, a dedicated fixed and mobile railcar and tanker truck cleaning company with operations in Colorado, Nebraska, Pennsylvania and Oklahoma, and immediate plans to expand into additional states; and MV, LLC, an innovative developer and provider of technology-based renewable energy alternatives and environmental solutions related to emission and vapor control. Together, these companies provide industrial and tank cleaning services, hydroblasting services, environmental construction services, management and transportation of industrial wastes, railcar and tanker truck cleaning, sludge dewatering services, vapor and emission control technologies, renewable energy alternatives, and general environmental and waste management services.
For more information, go to:http://www.seer-corp.comhttp://regsindustrial.comhttp://odorfilter.comThis press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Specifically, statements about the efficacy and marketability of the Company's products are forward-looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
Contact:
Contacts: Company Contact: J John Combs III CEO and Chairman Strategic Environmental & Energy Resources, Inc. 303-295-6297 Investor Relations Contact: Jay Pfeiffer Pfeiffer High Investor Relations, Inc. 303-393-7044

Trader, I didnt have you marked, just found this out of curiosity, wondering what people thought of this one post merger, however, got ya marked now. Very interesting D&D work. Thanks
Mark

Interesting,,,,,,,,,,

Infinity--~SENR~--~NPIE~
If your reading this you probably have me board marked.
Heres some important things that Ive learned so far about
share structure(obviously orchestrated by Infinity).
Notice this board hasnt been updated since atleast 8/01/07 judging by the last post and there being no moderator.
The share structure of ~SENR~ back then was:
A/S=75,000,000
O/S=24,067,151
Float=1,753,626
*That was the O/S right before the 1/4 reverse split when Infiniy bought the shell, meaning that ~SENR~'s original share struture was O/S= 6,016,787 post R/S.

Now ~SENR~'s structure is:
A/S=70,000,000 as of Jul 31, 2003
O/S=19,159,443 as of Jan 22, 2008
Market cap=$51,538,902 as of Jul 16, 2008

The key is that there were no other splits and the O/S has increased by 13,142,656 shares. If you look at the ~SENR~chart- the share price has steadily increased during all this time.How can it be possible for the share price to steadily rise when there is hardly any retail interest in ~SENR~ (a non reporting Pink)in the face of a 13 million share increase in the O/S???

The answer is that Infinity has been supporting ~SENR~ whether it's share price support or Financing,just like they claim to do in their PR's.
The reason I'm posting this here is because I'm still accumulating ~NPIE~ which is another Infinity play.If you happen to read this post as of this date just keep NPIE on your radar.~NPIE~'s pre-split shares are not allowed to be sold as of this date so it could get volitile the first few sessions.I'm hoping for a panic sell so I can get cheaper shares which is why I dont want to post these critical comparisons on the ~NPIE~board.Only the people that have me board marked can read this.Its not very often that a Pinky has garanteed financing.
Infinity hasnt even pumped ~SENR~,the reason: they want ~SENR~
to go to a bigger exchange...and the same thing is in store for ~NPIE~ History may just be about to repeat itself.
*Also, if you take ~NPIE~'s current share structure(which is
O/S=1,655,397) and infuse it with a $5-$15 million dollar company, you get a price range of $3.02--$9.06 per share just on valuation alone.The current price is $1.10 which could temporarily fall much lower due to weak holders panicing post R/S.As of now people aren't even allowed to sell their pre-split shares, so you may have a rare opportunity to get some heavily undervalued shares*
Here are some key parts to keep in mind about Infinity:

Infinity Capital Group, Inc. Acquires Controlling Interest in NPI08, Inc.

NEW YORK, NY, Jul 14, 2008 (MARKET WIRE via COMTEX) -- Infinity Capital Group, Inc. today announced that it has closed the acquisition of approximately 87.5 percent of the issued and outstanding shares in NPI08, Inc (PINKSHEETS: NPIA{now NPIE}). ("the Shares") after the Denver Federal Bankruptcy Court approved the sale. The consideration for the transaction included a combination of cash, Infinity common stock, and a promissory note to the Sellers collateralized with the Shares pending payment.
Infinity intends to utilize its controlling ownership to facilitate a reverse merger between NPIA and a privately held, growth-oriented operating business that is seeking to access capital and a public market. Upon consummating the NPIA share purchase, Infinity CEO Greg Laborde stated, "In today's capital markets, where access to public capital and liquidity options for small companies are limited, we are pleased to have taken control of another vehicle which will enable us to help a thriving privately held company to grow and expand while providing their current owners potential liquidity." Mr. Laborde continued, "We see access to public capital as a vital service to growing companies who are the engine for overall economic growth and see tremendous opportunity for Infinity to earn attractive investment returns while facilitating this important capital formation need."

Infinity intends to make a follow on investment in NPIA in connection with the reverse merger and as part of its mission as a business development company it will provide management assistance in connection with and post closing the merger. The NPIA plan is similar to Infinity's January 2008 transaction where it facilitated a reverse merger between a controlled publicly traded subsidiary and two related privately held growth companies, REGS, LLC and Tactical Cleaning, LLC -- creating the Infinity portfolio company Strategic Environmental & Energy Resources, Inc. (PINKSHEETS: SENR). In connection with the SENR transaction, Infinity invested its own capital and assisted the company in attracting additional investment from other sources.

Infinity targets privately held emerging growth companies, across a broad range of attractive industries, with revenues of US$5-$15 Million, whose growth is constrained by limited capital. Infinity seeks companies with strong management teams that are at or near profitability and have the potential to list on a National Exchange within 12-18 months. In a typical transaction, Infinity will provide long term capital, primarily via equity investments, and as a business development company Infinity provides managerial assistance throughout the process and post closing of the transaction. Its mission is to offer entrepreneurial businesses a viable financing alternative to traditional private equity and venture capital funds that generally insist on control while also providing the incumbent business owners with personal liquidity and a potential exit strategy.

In addition to target merger candidates, Infinity is seeking controlling interest in public companies looking to change strategy, that have sold or closed a business and whose shareholders will participate in a subsequent transaction.

About Infinity Capital Group, Inc.

Infinity Capital Group is a business development company that provides early-stage or mezzanine financing and management assistance to emerging growth companies. The company typically invests in companies that intend to go public through an IPO or by a reverse merger with an already public firm. It also funds small public companies that are undergoing significant change in strategy. Investments by Infinity are not limited to any particular industry.

For more information or to receive future press releases, go to Infinity's website through the following link: http://www.infinitybdc.com/contact.php.

This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
Contact
Greg Laborde
Chairman & CEO
Infinity Capital Group, Inc.
212-962-4400
Email Contact

nice share structure for sure

Yeah I hear ya. I really like the company. This should go a lot higher.

back to .18 x .20.. somebody whacked .18 already but it held.. hoping we get those who bought cheap today out and move on up

thnx...the way I read it is that there will be 1.7 mil o\s after the 1:2 r\s

Try this, it's under INFINITY CAPITAL GROUP, INC.


http://www.sec.gov/Archives/edgar/data/1118974/000106594907000122/0001065949-07-000122-index.htm

Do you have a link to the 8K as I can't find it...thnx

As per the 8K.

Is that figure for float of 1.7 mil accurate?

Looks good to me.

ZEN...and today we have news...lol

ouch...shells are risky plays no doubt...I guess we'll just have to wait this one out...zzzzzzzzzzzzzzzzzzz

You ain't kinding about that. NNGY did a 1 for 2o to become XCDC, and now XCDC has done another 1 for 20 to become EMPL..... all without one piece of news!

someplace I read/heard that the float was about 1 mil shares i'm not too sure that a r\s is in the cards...but with these shell & weird merger deals, ya never know...I guess SOME DAY we will find out...

No, but look at this.

http://www.investorshub.com/boards/read_msg.asp?message_id=16371910

Has anyone found out any info about this?

Just a place to get more exposure for your favorite picks.

not much

ok...how much commish are you gonna charge me?

we can trade each other shares and make volume !

uh...sadly, only you & me think like that...no trades & a fugly spread...

hell yeah

any one have any further details on this "triangular reverse merger"? Like are we gonna get diluted into oblivion?

why? what does that board have to do with this stock?