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Divergent Energy Services Corp V.DVG.H

Energy Oil & Gas Equipment & Services
Divergent Energy Services Corp. provides fluids management products and services for the water, gas, and oil industries, through its wholly owned subsidiary, Extreme Pump Solutions LLC. The Company is engaged in the business of providing artificial lift products and services to its clients in the oil and gas industry in the Northern Mountain States in Wyoming and Colorado, United States. Its artificial lift system consists of electric submersible pump (ESP) systems, which are designed for downhole conditions of temperature, pressure, abrasives, excessive gas, scale, and variable flow rates. The Company’s electric submersible pump (ESP) systems are used in motors, seals, pumps, sand management, gas management, downhole sensors, variable speed drivers, and cables and motor leads. The Company’s business operations in the United States provide submersible pumps, drives and electronic controls across Wyoming, Northern Colorado, and Southern Montana.


TSXV:DVG.H - Post by User

Divergent Energy Services Corp
Bullboard Posts
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Comment by Terry31on Oct 07, 2012 9:01am
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Post# 20458584

RE: RE: $2 MILLION FINANCING !!!!!

RE: RE: $2 MILLION FINANCING !!!!!

The money is to be used for "general working capital purposes" ie: growth capital.  It makes sense. When you are growing this fast you need the extra cash. If they show the same growth and a little better margin for the 3rd  quarter they will be off to the races and so will the SP.

  

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities