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Enterprise Group Inc T.E

Alternate Symbol(s):  ETOLF

Enterprise Group, Inc. is a consolidator of services, including specialized equipment rental to the energy/resource sector. The Company works with systems and technologies that mitigate, reduce, or eliminate carbon dioxide (CO2) and greenhouse gas emissions for itself and its clients. It provides specialized equipment and services in the build out of infrastructure for the energy, pipeline, and infrastructure construction industries. It has fleet of wellsite modular/combo equipment, specialized heating units, tunnelling equipment, and other heavy equipment pieces. It offers specialized infrastructure services, such as coat curing, thermal pipe expansion, scaffolding and more. It provides low emission, mobile power systems and associated surface infrastructure to the energy, resource, and Industrial sectors, through its subsidiary, Evolution Power Projects, Inc. Its other subsidiaries include Westar Oilfield Rentals Inc., Hart Oilfield Rentals Ltd., and Artic Therm International Ltd.


TSX:E - Post by User

Bullboard Posts
Post by Stuckinsandon Aug 10, 2018 11:54am
68 Views
Post# 28441007

Can shareholders demand repayment

Can shareholders demand repaymentPer Note 10 Related Party Transactions, isn't the description "success fee" repulsive to shareholders. Three bandits share $600K and the company has negative margins in Q2.


In addition, in the first quarter, a success fee of $600,000, associated with the CTHA transaction as described in note 3, were paid to companies controlled by Leonard Jaroszuk, President and Chief Executive Officer, Desmond O'Kell, Senior Vice President and Director, and Warren Cabral, Chief Financial Officer. These transactions were recorded at the exchange amount established and agreed to by the parties.
Bullboard Posts