社区

$Camber Energy(CEI)$ [财迷] [看涨] [美金] [梭哈] [强]

Lines of Business:

[1] Majority-owned (73%) $VKIN (Oil & Gas); 2021 revenue projections of $40m t0 $50m. [2] Simson-Maxwell Ltd - Majority-owned (60.5%) dealing with power generation, energy solutions, cryptocurrency mining, clean energy, etc; revenue projections of $50m to $70m. [3] ESG Clean Energy - Exclusive IP license for patented carbon-capture system; 100% CO2 emissions capture to facilitate production of precious commodities; future revenue projections of $10m to 20m

Recent Developments:

[1] 7/14/2021 - Closed a $15m equity investment from institutional investor. [2] 7/14/2021 - Extended maturity date of existing promissory notes to 1/1/2024; holder is entitled to common stock conversion feature set at $1.25 (~300% premium). [3] 7/30/2021 - Increased $VKIN equity position (62% to 73%). [4] 8/09/2024 - Acquired majority interest in Simson Maxwell Ltd, [5] 8/24/2021 - Secured exclusive intellectual property license for patented carbon-capture system.

Upcoming Catalysts:

[1] File delinquent 10-K (2020) and 10-Q (Q1 2021) with integration of $VKIN merger (expect massive YoY financial statment impacts) to regain compliance with exchange standards. [2] Additional equity infusions for further mergers and acquisitions. [3] Finalize public financial statements for Simson Maxwell within 71 days of original acquisition filings (around 10/20/2021).