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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

Comment by Stuckinsandon Sep 13, 2021 12:16pm
521 Views
Post# 33848794

RE:RE:Credit Facility News PR

RE:RE:Credit Facility News PRLen states decreases costs associated with compliance etc will assist in reducing the costs of the new loan at 10%. Here is a suggestion, why cant Len tell us how much the previous loan cost with all the added fees he references this would give shareholders a true comparison. When there is a lack of transparency speculation fills in the gaps. In this case are shareholders left to wonder if the relationship with the previous lender was coming to an end and E was "forced" to find a new lender and borrow at an almost obscene rate. The added borrowing capacity may and I stress may help E expand or acquire new companies. However, as oil and gas prices rebound the great opportunities to acquire companies at a lower multiple are gone. It appears yet again E showed up late to the dance and goes home alone.
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