New York and Houston , Nov. 13, 2017 (GLOBE NEWSWIRE) — Matthew Flemming CEO of SMG Indium Resources Ltd. (“Company” or “SMG”) (OTCQB:SMGI), joins the Uptick Network Stock Day Podcast with the host Everett Jolly. In the first part of the interview, Mr. Flemming discusses the main driver for the Company’s revenue and how SMG’s revenues have grown since 2015. Continuing the interview, he discusses some of the large companies that SMG does business with in Texas and overviews the energy, oil and gas and drilling operators that conduct business through SMG. Furthermore, Mr. Flemming gives the latest on going from the Pink Sheets to the OTC QB, the back story and reviews the historical value of the Company.
Towards the end of the interview CEO Matthew Flemming divulges a strong statement, “From our current run rates of our revenue a lot of the incremental growth going forward is on our service side. We also see a lot of growth where we will go out, fix and repair the equipment on site, people love this and some of our best customers are some of the largest players in drilling. So we see great growth on the service from both drilling the rig wash and repair and maintenance,’ “It is our particular strategic objective to go out and tell the story and communicate awareness of the company. This is not a start-up, this business is more than 10 years old, the management team has significate experience in the oil field business and the company has historical earnings, even during difficult times during oil field. Read our upcoming filings as these are some of the first filings to come out under the new platform Oil Field Services and I think that we are going to see a continued growth.”
To listen to the full interview please click here or the following link: https://upticknewswire.com/featured-interview-ceo-matthew-flemming-of-smg-indium-resources-ltd-otcqb-smgi/
About SMG Indium Resources Ltd.
SMG Indium Resources Ltd. was formed under the laws of the State of Delaware on January 7, 2008. Since inception, SMG’s primary business purpose has been to stockpile indium, a specialty metal that is being increasingly used as a raw material in a wide variety of consumer electronics manufacturing applications. In December 2013, our Board of Directors authorized management to sell our entire stockpile in 2014 based on prevailing market conditions. SMG sold all of the indium held by December 31, 2014. After determining and evaluating its strategic options, the Board of Directors concluded that the acquisition (reverse acquisition) of MG Cleaners, a Texas based oilfield services company, is a good strategy and that our stockholders will have an opportunity to participate with the future oilfield and MG business. SMG’s sole operations are currently those of its wholly-owned subsidiary MG Cleaners LLC.
This press release may contain certain statements of a forward-looking nature. Such statements are made pursuant to the “forward-looking statements” and “safe harbor” provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange of 1934, as amended. The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws. Such forward-looking statements are based on the beliefs of our management as well as assumptions made by and information currently available to them. The Company has no obligation to update such forward-looking statements. Actual results may vary significantly from these forward-looking statements.
Source: Uptick Newswire
CONTACT: Contact: Matthew Flemming, CEO Phone 713-821-3153