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Mammoth Energy Services Inc C.TUSK


Primary Symbol: TUSK

Mammoth Energy Services, Inc. is an integrated energy services company focused on providing products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserve. It is also engaged in the construction and repair of the electric grid for private utilities, public investor-owned utilities and co-operative utilities through its infrastructure services businesses. It operates through four segments. The Natural Sand Proppant services segment mines, processes and sells sand for use in hydraulic fracturing. The Well Completion services segment provides hydraulic fracturing, sand hauling and water transfer services. The Infrastructure services segment provides electric utility infrastructure services in the northeastern, southwestern, midwestern and western portions of the United States. The Drilling services segment provides rental equipment, such as mud motors and operational tools, for both vertical and horizontal drilling.


NDAQ:TUSK - Post by User

Post by iknowiamgr8on Nov 26, 2022 10:14am
80 Views
Post# 35130464

BAGHOLDERS say "No DEBT".....

BAGHOLDERS say "No DEBT".....I say....B.S.!!!!......BAGHOLDERS are total LIARS and on the Nov.15th news release that Tusk put out BEGGING for survival funds through private placements, after already BLOWING through the funds of $855,000.00 they already raised this year with NOTHING to show for it, they stated that $179,000.00 was needed to setlle debt......SETTLE DEBT?????......What happened to the 1.2 million dollars they had in the bank last fall and the $855,000.00 they already raised this year and how can they Accumulate $179,000.00 without doing the drilling they promised to use this money for????.....I estimate that with the $179,000.00 DEBT they admitted to having on Nov.15th and the daily average cash burn of $7,111,00 adding to that, that come the first of the week they will be aprox. $270,000.00 in the red with ZERO money in the bank and NO revenue coming in.....So don't let LYING, BAGHOLDER/LOSERS like Highfool try and tell you that Tusk has a clean balance sheet and zero debt, that is an outragious LIE.....Look at the financials and news releases, they tell a totally different story than the LIES from the BAGHOLDERS.....TUSK IS BROKE.....TUSK IS TOAST....Take what you can and run......Bye-Bye Tusk....
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