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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 particular emphasis on systems and technologies that mitigate, reduce, or eliminate carbon dioxide 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 construction industries. The Company provides oilfield infrastructure site services and rentals. Its rental fleet includes patent-pending efficient modular designs that provide its competitive advantage. It designs, manufactures, and assembles its modular/combo equipment, including fuel, generator, light stand, sewage treatment, medic, security and truck trailer combos, or when required, subcontracts manufacturing to local suppliers. It also provides low emission, mobile power systems and associated surface infrastructure to the energy, resource, and industrial sectors.


TSX:E - Post by User

Bullboard Posts
Post by Moneyday0on Jun 02, 2015 9:26am
321 Views
Post# 23788099

Not exactly super endorsing results

Not exactly super endorsing resultsAlmost 20% discontent with 2 major directors. unallocated and repricing options DEFEATED! over 80% approval for consolidation. They better take these results as a warning for more transparency especially given those purchases to offset rentals that were going to save us hundreds of thousands of dollars. Everyone realizes the drastic events of the drastic oil price decline, over-supply and reduced activity. That is out of the companies control. It is all the activity under mngt control that is in question and especially the decisions made to increase costs and degregate the balance sheet. Not a fan of the consolidation but over 80% approval it is obvious greater minds than mine know more than this holder. Sad day for all but the good news is mngt did not get the approval level they probably wanted and will have to rethink their future endeavors. Lets hope they start making and executing SMART contracts - the well is dry and utilization is paramount.
Bullboard Posts