HOUSTON, May 22, 2018 (GLOBE NEWSWIRE) — SMG Industries, Inc. (OTCQB:SMGI) an oilfield services company headquartered in Houston, Texas, today announced that it has retained FieldView Capital Markets, LLC (“FieldView”) to manage strategic investor relations and shareholder communications for the Company.
Matt Flemming, CEO of SMG Industries, noted, “We look forward to working closely with FieldView’s team to more proactively communicate our story in what is shaping up to be a pivotal year for the Company. Our team is committed to maximizing value for our shareholders.”
FieldView will work closely with SMG’s management to develop and implement a comprehensive capital markets strategy designed to grow the Company’s visibility within the investment community; highlighting SMG’s existing position in the Permian Basin and strong revenue growth.
About SMG Industries Inc.: SMGI is an oilfield services company that operates throughout Texas and adjacent states of New Mexico and Louisiana. The Company, through its wholly-owned subsidiary MG Cleaners LLC., is focused on selling proprietary branded products including detergents, surfactants and degreasers (such as Miracle Blue™) to oilfield drilling rig contractors, E&P operators and oilfield companies. In addition to the Company’s proprietary products, SMGI sells equipment and parts and has service crews that perform on-site repairs, maintenance and drilling rig wash services for customers such as Nabors Industries, Patterson-UTI, Helmrich & Payne, Cactus Drilling and others. SMGI is headquartered in Houston, Texas with facilities in Odessa, Carthage and Alice, Texas. Read more at www.SMGIndustries.com and www.mgcleanersllc.com.
This news release contains information that is “forward-looking” in that it describes events and conditions SMGI reasonably expects to occur in the future. Expectations for the future performance of SMGI are dependent upon a number of factors and there can be no assurance that SMGI will achieve the results as contemplated herein. Certain statements contained in this release using the terms “may”, “expects to”, “anticipated” and other terms denoting future possibilities, are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, which are beyond SMGI’s ability to predict, or control and which may cause actual results to differ materially from the projections or estimates contained herein. Forward-looking statements in this news release that are subject to risk include the ability to achieve and continue revenue, net income and adjusted EBITDA improvements. It is important that each person reviewing this release understand the significant risks attendant to the operation of SMGI. SMGI disclaims any obligation to update any forward-looking statement made herein.
SMG Industries, Inc.
FieldView Capital Markets, LLC.