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Bullboard - Stock Discussion Forum First Choice Products Inc. C.FCI

Industrials Business Services
"First Choice Products Inc is in the business of manufacturing, acquiring and introducing high quality, innovative products that capture a profitable niche in various markets."

CSE:FCI - Post Discussion

First Choice Products Inc. > NEW TOOL
View:
Post by gsbfinancial on Jul 16, 2011 2:27pm

NEW TOOL

Would someone out there please explain to me the way this works. I did read the news and I see the potential in earnings per share. What I need to know, if this save a well owner anywhere from $6.000 to $12.000 per well when this is used, will the service companies get upset this is going to upset their revenue for the service can now be done by another service company using this tool, please explain how all this will be done.
Comment by roberto999 on Jul 17, 2011 2:31pm
service rigs do not carry any specialized equipment, all they usually have is rod & tube handling equipment. All specialized tools for tubing and zone testing, fishing,and perf wash tools are rented from a tool rental company  as these tools  are not used everyday. They are rented when required as they are too expensiveto have on hand.The tester tool will be provided on a daily ...more  
First Choice Products Inc.
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