Our New Profile is: NXMR
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NXMR has only closed red one time in the last 8 sessions.
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NXMR currently has a large investor base who actively follow online.
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NXMR revenues are growing! they reported $1,594, 837 in sales for the 3 months ended March 31, 2022.
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Emco is expanding, earlier this year Emco acquired ten oilfield semi-trucks with trailers and related equipment.
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Earlier this year Emco opened a new eight-bay, commercial oilfield semi-truck and trailer service repair facility in Carlsbad, New Mexico.
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Emco recently launched an acquisition program of New Mexico water rights to expand its water capacity for own water stations in the Permian Basin.
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NXMR management has been busy behind the scenes; they cancelled 305,804,558 shares bringing the OS to 355,025,304 and lowered authorized to 500 million shares.
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Earlier this year NXMR acquired Emco which has generated an estimated $45 million in revenues for since 2018
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Emco services over 68 oilfield clients, including major oil companies such as Exxon Mobile’s subsidiary, XTO, Chevron, Conoco Phillips, Occidental (OXY), and major independent public oil companies such as EOG, Devon, Cimarex, Noble Energy and many more.
*****JUST ANNOUNCED MINUTES AGO*****
43% Common Stock Cancellation
CARLSBAD, NEW MEXICO June August 5, 2022 – NextMart, Inc. (the “Company” or “NXMR” – Pink Sheets Alternative Reporting Pink: NXMR) – NXMR would like to announce that it has cancelled a significant number of shares of Common Stock to treasury thus lowering its current issued and outstanding Common Stock.
Before the above-mentioned Common Stock cancellation, the Company had 415,025,304 shares of Common Stock issued and outstanding. After the cancellation, the Company will have 233,933,024 shares of Common Stock issued and outstanding.
Mr. Maldonado (CEO of the Company), states “This cancellation of 177,025,304 shares of the Common Stock of the Company will lower our issued and outstanding Common Stock to 237,933,024. This cancellation will effectively reduce the issued and outstanding Common Stock of the Company by more than 43%. This is a huge event for the Company and shows the public market our commitment to our shareholders.”
Working on an additional 68 million plus shares of Common Stock to cancel.
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Hello Everyone,
We have another exciting low priced profile that we want to bring to your attention for today’s session.
Last Thursday we dropped a Nasdaq company on you that closed at .48 the night before. It opened at .61 after a big gap up and hit .70.
Yesterday it hit .80 for a 33% move off of the opening price in just 6 sessions.
NextMart Inc. (OTCMKTS: NXMR) operating out of Carlsbad, New Mexico strives to meet and exceed the requirements of its customers 24/7/365. The Company’s primary services are hauling water and drilling cuttings for its customers during the drilling, completion and production of oil and gas wells throughout the Permian Basin. Starting in March of 2018 with two end dumps, NXMR commitment to exceeding its customers’ expectations allowed the Company to grow to over 30 vac. trucks and end dumps by December 2018 with continued growth underway in 2019. NextMart’s vac. trucks are equipped to load and unload fluid in half the time of its competition. Another innovation is the Company’s uniquely designed diesel-powered, centrifugal jet pumps that allow it to clean its customers’ steel pits and frac tanks 4 times faster than its competitors’ standard power washers.
NXMR revenues have picked up substantially and the Company reported $1,594, 837 in sales for the 3 months ended March 31, 2022. Management has worked hard behind the scenes brining NXMR to pink current earlier this year. The Company also got the shell designation removed, cancelled 305,804,558 shares bring the OS to 355,025,304 and lowered authorized to 500 million shares.
NXMR operates via its wholly-owned subsidiary,Emco Oilfield Services, LLC. They recently brought on new CEO Oscar Maldonado, the former owner and officer of Two Brothers, LLC, a specialized oil field service company which was acquired as a wholly owned subsidiary by the Company on June 16, 2022.
Emco Oilfield Services utilizes its fleet of uniquely equipped 130 Bbl. water trucks to deliver fresh (city and pond) water and 10# brine water to your drilling and frac locations and dispose of water-based drilling mud, OBM, frac flow-back water and production water.Most of Emco’s vac trucks are equipped with 4-inch vacuum pumps, 4-inch hoses and 4-inch ball valves on Emco vac trailers. Compared to most other water haulers, which use 3-inch vacuum pumps and 4-inch butterfly valves, Emco’s vac trailers load and unload in half the time, and the 4-inch full-port ball valves do not get clogged like the 4-inch butterfly valves.
Emco continues to expand; earlier this year Emco finalized and executed the Asset Purchase Agreement to acquire all of the assets and book of oilfield business from Defender Contracting, LLC, located in Monahans, Texas. Pursuant to the terms of the final Agreement, the Company purchased all the operational assets of Defender which includes ten oilfield semi-trucks with trailers and related equipment, Defender’s book of oilfield business, and retained all of Defender’s work force.
Earlier this year Emco opened a new eight-bay, commercial oilfield semi-truck and trailer service repair facility in Carlsbad, New Mexico.The Company is also exploring expansion opportunities organically or through acquisition with additional service centers into other areas of the Permian Basin. This location will provide vital, mechanical, welding, truck, trailer, and tire services to, not only the Company’s own fleet, but to other oilfield trucking companies in the Permian Basin. With the NXMR President, Mark McKinzie’s military logistics discipline creating spotless and highly organized shops, the Company plans to tackle the growing demand for ongoing fleet mechanical services throughout the Permian Basin.
Emco recently launched an acquisition program of New Mexico water rights to expand its water capacity for own water stations in the Permian Basin; the largest oilfield in the world. EMCO is currently servicing over sixty (60) clients including major oil companies such as Exxon Mobile’s subsidiary, XTO, Chevron, Conoco Phillips, Occidental (OXY), and major independent public oil companies such as EOG, Devon, Cimarex, Noble Energy and many more. The acquisition of more New Mexico water rights is in direct response to the current fast-growing needs of its current clients, and new clients that are coming on board, due to the increased oil and gas activity in the Permian Basin.
On July 19 NXMR announced the development of two new water stations in the Carlsbad, New Mexico area. The Permian Basis is currently growing at an exponential rate with regards to the new production of oil and gas properties. The Company believes that there will be a corresponding increase in needs to oil field services including water stations which are required for the development and operation of oil and gas leases. As such, the new management of the Company is in the process of building out two new water stations in the Carlsbad area.
Mr. Maldonado (CEO of the Company), states…”Since starting as the new CEO of the Company, I have been trying to expand our top line revenue base. By opening two new water stations in Carlsbad, we will become a main source of the large amount of new and growing water requirements in the Permian Basin for oil and gas producers. We expect these operations to be up quickly and be in full operation during the third quarter. This is only one of our many planned future expansions to the revenue producing operations of the Company. We will be announcing several new additional revenue initiatives over the coming weeks and months.”
*****KEY NEWS*****
NextMart, Inc. – Acquisition of Oil Field Services Company
PHOENIX, Jan. 21, 2022
PHOENIX, Jan. 21, 2022 /PRNewswire/ — NextMart, Inc. (the “Company” or “NXMR” – Pink Sheets Alternative Reporting Pink: NXMR) – NXMR would like to announce that it has acquired controlling interest in Emco Oilfield Services, LLC, a New Mexico limited liability company, based out of Carlsbad, New Mexico (“Emco”).
William Bouyea (CEO of the Company), states…”We are excited to announce that we have acquired Emco. We feel this is a perfect fit for the direction of where we want our core business focus to develop. Emco has been in operation since early 2018 and has already made a significant impact in the Permian Basin. Emco will be our flagship business.”
Since 2018, Emco has booked top line revenue of over $45M USD. Currently Emco services over 68 oilfield clients, including major oil companies such as Exxon Mobile’s subsidiary, XTO, Chevron, Conoco Phillips, Occidental (OXY), and major independent public oil companies such as EOG, Devon, Cimarex, Noble Energy and many more. To service their clients, Emco purchased over $4M in trucks, trailers, and other oilfield service equipment assets. Emco has provided the following oilfield services: salt water and fresh water hauling, hydrovac services, pressure control and flowback, solids control, drilling cuttings removal and disposal, oilfield construction, tank/pit cleaning, rig and tank steam cleaning, hotshot delivery, winch truck heavy hauling, and frac tank rentals. You can see a brochure of the details of the services offered by Emco on its website provided below.
Mr. Bouyea stated further…”Even during the downturn caused by the COVID pandemic, Emco has had continued revenue producing operations. We feel with a capital infusion into its operations to purchase more service assets, the Company can grow Emco into one of the biggest oilfield service businesses in the Permian Basin, especially now that the rig count that dropped significantly during the pandemic has increased to 533 which is 264 more than this time last year. In addition, existing wells that were shut in due to the drop in demand caused by the pandemic are being brought back online. This macro change in the supply side for oil started its upward trajectory when countries around the world ended lockdowns and people started traveling again. This has resulted in oil prices increasing to the current rate of almost $90 per barrel, which is a four-fold increase in price from its low of $22 per barrel in March 2020. As oil companies continue to ramp up production, their need for oilfield services that Emco provides are increasing now and will continue to increase as more rigs are added and more wells are turned back on. With fewer oilfield service providers available in our market, Emco plans to be aggressively competitive with our current clients and grow our client base significantly. We feel that this was a perfectly strategic acquisition with the predicted future growth of domestic oil production.”
NXMR CHART +23% TODAY
NXMR has a compelling chart setup: the stock is making an explosive run up the charts since reversing on a brief dip below $0.02. NXMR spiked to highs of $0.1493 in February and has a gap to fill from current levels. NXMR has been green almost every day the past week closing + 23% today at $0.0385
NextMart, Inc. – New Water Stations
CARLSBAD, N.M., July 19, 2022 /PRNewswire/ — NextMart, Inc. (the “Company” or “NXMR” – Pink Sheets Alternative Reporting Pink: NXMR) – NXMR would like to announce the development of two new water stations in the Carlsbad, New Mexico are.
The Permian Basis is currently growing at an exponential rate with regards to the new production of oil and gas properties. The Company believes that there will be a corresponding increase in needs to oil field services including water stations which are required for the development and operation of oil and gas leases. As such, the new management of the Company is in the process of building out two new water stations in the Carlsbad area.
Mr. Maldonado (CEO of the Company), states…”Since starting as the new CEO of the Company, I have been trying to expand our top line revenue base. By opening two new water stations in Carlsbad, we will become a main source of the large amount of new and growing water requirements in the Permian Basin for oil and gas producers. We expect these operations to be up quickly and be in full operation during the third quarter. This is only one of our many planned future expansions to the revenue producing operations of the Company. We will be announcing several new additional revenue initiatives over the coming weeks and months.”
ABOUT EMCO SANITIZATION SERVICES CARLSBAD – MIDLAND – PERMIAN BASIN
ELIMINATES COVID-19
The team uses broad-spectrum disinfectants and chemicals that sanitize areas such as hard surfaces, furniture, carpet and even most electronics to kill viruses such as Corona Virus and other biohazards.
PROVEN TO KILL COVID-19 AND OTHER BIOHAZARDS IN SECONDS!
NXMR NEWS
NXMR recently brought on Oscar Maldonado as CEO and President
Oscar Maldonado, CEO, President
On July 1 NXMR announced it has named Oscar Maldonado as the new Chief Executive Officer and President of the Company effective July 1, 2022. Mr. Maldonado was the former owner and officer of Two Brothers, LLC, a specialized oil field service company (“Two Brothers Service”), which was acquired as a wholly owned subsidiary by the Company on June 16, 2022, for 30,000,000 shares of Common Stock. William Bouyea announced his resignation effective at the end of the third fiscal quarter, June 30, 2022. Mr. Maldonado has run Two Brothers Service in the Permian Basin since 2016. Before that, Mr. Maldonado worked for Occidental USA for over ten years ending with being the Production Coordinator for the State of New Mexico.
Mr. Maldonado stated: “I am excited to be part of the NextMart family. The Company would like to thank Mr. Bouyea for his tenure with the Company and everything he did with regards to acquisition negotiation as well as getting our oil field service division organized and fully operational. I have spent most of my professional career the last 20 plus years working in the oil and gas industry in the State of New Mexico, mainly in the Permian Basin. I plan to bring this experience to the Company and will assist with the growth our main business strategy, which is the development and sale of high-end, specialized oil field services in the Permian Basin. We want to be a major player in this market that is currently growing daily due to current economic conditions not only in the domestic United States, but also the world. With Two Brothers and Emco Oilfield Services being operated out of one main location, will not only save the Company in expenses and overhead, but will also increase its management and operational efficiency. It will allow us to make our specialized oil field service operations more proactive with regards to servicing our growing client based in the Permian Basin. Additionally, we are moving forward very fast with the development of the previously two new water station plants in Carlsbad as well. This will exponentially increase a current revenue source for the Company and will have an additional benefit of growing the use by our clients of our other suite of oil field services. With that said, even without the projected increased revenue generating activity from our current specialized oil field service unit due to the Company’s investment in the new water stations, the Company will continue to grow in terms of new clients and top line revenue (e.g., monthly, quarterly, and annually) as the Permian Basin in projected to explode in terms of both oil and gas production for the foreseeable future.”