$ B.M.F.$
4年前
SMG Industries, Inc. Announces Preliminary Unaudited Year End 2020 Revenue Results and Strategy UpdatePress Release | 02/08/2021
SMG Reports Preliminary Unaudited Revenues of approximately $30.6 million for the Year Ended December 31, 2020, an Increase of about 370% From the Year Ended 2019
HOUSTON, TX, Feb. 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- SMG Industries, Inc. (“SMG” or the "Company") (OTCQB:SMGI), a growth-oriented transportation services company focused on the domestic infrastructure logistics market, today announced that its preliminary unaudited results of consolidated revenues from operations for the year ended December 31, 2020 was approximately $30,600,000, representing an increase of about 370% from the comparable year end 2019. The previous year 2019 did not include revenues from the 5J Transportation Group acquisition that closed in February 2020.
Clootch
7年前
$SMGI - On September 19, 2017 (“ Closing Date ”), we entered into an Agreement and Plan of Share Exchange dated as of such date (the “ Exchange Agreement ”) with MG Cleaners LLC, a Texas limited liability company (“ MG ”) and all of the members of MG (the “ MG Members ”). On the Closing Date, pursuant to the Exchange Agreement, we acquired one hundred percent (100%) of the issued and outstanding membership interests of MG (“ MG Membership Interests ”) from the MG Members pursuant to which MG became our wholly owned subsidiary (“ Acquisition ”). In accordance with the terms of the Exchange Agreement, and in connection with the completion of the Acquisition, on the Closing Date we issued 4,578,276 shares of our common stock, par value $0.001 per share, and agreed to pay $300,000 in cash ($250,000 at closing) to the MG Members in exchange for all of the issued and outstanding MG Membership Interests. Additionally, on the Closing Date we issued 350,000 restricted shares of our common stock to certain officers and directors of the Company that resigned in connection with the Acquisition pursuant to our 2008 Long-Term Compensation Plan.
Clootch
7年前
$SMGI - In addition to the Company's proprietary products, the Company sells equipment and parts, and has service crews that perform repairs, maintenance and drilling rig wash services for customers such as Nabors Industries, Patterson-UTI, and H&P along with oil and gas operators and other service companies
Clootch
7年前
$SMGI - is a growth-oriented oilfield services company headquartered in Houston, Texas with operations throughout Texas. The Company, through its operating subsidiary MG Cleaners LLC, is focused on selling proprietary branded products including soaps, surfactants and degreasers such as Miracle Blue™, to drilling rig contractors and other oilfield companies