Post AZRH
American Industries
@americanmade_ai
I didn't step up to the plate to strike out - our retail support says it all. Without retail we'd be 6 months away from where we are today $AZRH $ZHUD $GPLS
#controlledby our Chief Executive Officer of American Industries, Joshua A. Cohen. Never been more focused - all praise be to God. When I swing, I swing for the fences. One thing about me though, I won't pick up the bat if I think I'm gonna strike out. Cant hit a grand slam with a bad bat. #controlledby
@sluggernation
MAJOR F$CKIN ANNOUNCEMENTS COMING SOON.
MAJOR DAY MONDAY WITH AMERICAN INDUSTRIES & FWT MERGER!!!
Azure Holdings Group Corp (OTC PINK:AZRH) (being renamed American Industries), a Nevada corporation, and Coil Tubing Technology Inc., (CTT), a Nevada corporation, are pleased to announce the signing of a Joint Venture Agreement that will result in the contribution of $14.0M in Lower of Cost or Market Coil Tubing Technology Tools into a wholly owned subsidiary of AZRH & the exclusive rights to the distribution and sale of the broader set of technologies by AZRH. The effective date of the merger is 11/12/24. The tools will be delivered free and clear of liens, with zero obligation, and the wholly owned subsidiary joint venture formed will be subject to a 50 / 50 profit distribution between AZRH and CTT.
The groups see an incredible opportunity together to invest into the sales and distribution channels that have been formed CST, another wholly owned subsidiary AZRH, while leveraging over 40 years of Oil & Gas industry relationships.
Coil Tubing Technology, Inc. (CTT) is supplying the joint venture with a full line of proprietary tools, manufactured in accordance with and to oil industry specifications. The core business of the Company is development and marketing of specialty tools and related innovative technical solutions used with coiled tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons.
CTT is active worldwide.
As a coiled tubing company, CTT has specialized in the design of proprietary tools for the coiled tubing industry, concentrating on four categories of tubing applications: thru-tubing fishing, thru-tubing workover and intervention, pipeline clean out, and coil tubing lateral drillout operations.
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