Arnhem
3 months ago
Outstanding Shares Updated:
🔴 127,189,233 (2024-01-11)
🟢 77,189,233 (2024-01-16)
Difference: -39.3% (-50M)
Restricted Shares Updated:
🔴 111,022,048 (2024-01-11)
🟢 61,022,048 (2024-01-16)
Difference: -45.0% (-50M)
nashvilleAZ
1 year ago
Another PR! Woohoo!
Full PR can be found here: https://www.mcapmediawire.com/cyber-enviro-tech-inc-announces-the-deployment-of-its-technologies-to-address-significant-water-contamination-issue-in-west-texas-while-increasing-oil-production/
CYBER ENVIRO-TECH, INC. ANNOUNCES THE DEPLOYMENT OF ITS TECHNOLOGIES TO ADDRESS SIGNIFICANT WATER CONTAMINATION ISSUE IN WEST TEXAS WHILE INCREASING OIL PRODUCTION
Scottsdale, Arizona, March 1, 2023 โ McapMediaWire โ Beginning in March 2023, Cyber Enviro-Tech, Inc. (OTC: CETI) (โCETIโ) is set to deploy its combined oil extraction and water filtration technologies on its pilot oil field in west Texas. After achieving desired outcomes, CETI will partner with other 3rd party oil field operators on a revenue sharing basis. This creates a recurring income stream for the Company which continues to increase as it expands into other oil fields.
CETIโs initial target market is โstripper wellsโ which are oil wells that produce 15 barrels of oil a day or less. Stripper wells constitute over 76% of oil & gas wells in the US. โWe are confident that CETIโs technological advancements will prove to be a major industry game changer by increasing the production and longevity of stripper wells while returning clean, non-toxic water back into the environment. Quantum leaps forward of this magnitude are far too important to be overlooked by any oil field operatorโ, says Kim D. Southworth, CEO of CETI.
nashvilleAZ
1 year ago
PR finally out! ????
CYBER ENVIRO-TECH RAISES OVER $2,300,000 AND SUCCESSFULLY COMPLETES THE FILING OF ITS S-1 REGISTRATION STATEMENT
Scottsdale, Arizona, Feb. 23, 2023 โ McapMediaWire โ Publicly-held Cyber Enviro-Tech, Inc. of Scottsdale, Arizona, (OTC: CETI) is pleased to announce the completion of its S-1 Registration Statement which was filed and accepted by the Securities and Exchange Commission on January 19th, 2023. As a fully reporting public company, CETI is now subject to filing quarterly reviewed and annually audited financial statements.
โThis I believe will give investors increased confidence in the accuracy of our financial statements and corporate activities now available to the public in our quarterly and annual filingsโ says CEO Kim D. Southworth.
By raising over $2.3 million, the Company has been able to develop and test its technologies while maintaining the mineral rights to its pilot oil field in west Texas. These initial oil wells provide the opportunity for CETI to demonstrate its capability to increase oil production from the combined application of its water filtration, injection and reservoir enhancement technologies. The Company will also be able to reduce the environmental impact associated with oil well maintenance and will not be using harmful chemicals. The Alvey Ranch is the first stage in procuring multiple streams of income. Upon the success of this initial Pilot Program, CETI will look to partner with existing stripper well operators to increase their production capacity, thus increasing revenue to the Company.
ABOUT CYBER ENVIRO-TECH, INC. CETI is an environmentally driven aggregator of Water Science Technologies to make water usage & consumption safer, more efficient and less expensive. Our initial emphasis is on the oil and gas industry. The Company is able to remediate a wide spectrum of water contamination issues generated from the production of oil & gas. The Company also employs innovative, proprietary equipment and processes for increased oil production. We do this by applying 4th Industrial Revolution technologies to greatly simplify the mechanics of oil extraction while radically reducing labor, water truck usage, optimizing oil recovery and the ability to monitor activity with instant data and metrics.
https://www.mcapmediawire.com/cyber-enviro-tech-raises-over-2300000-and-successfully-completes-the-filing-of-its-s-1-registration-statement/
mrinvestor08
2 years ago
Tuesday March 29 NEWS:
CYBER ENVIRO-TECH ANNOUNCES THE ADDITION OF 2 KEY EXECUTIVES AND THE REDUCTION OF $1.55 MM IN DEBT
Press Release | 03/29/2022
Scottsdale, Arizona, March 29, 2022 (GLOBE NEWSWIRE) -- Publicly-held Cyber Enviro-Tech, Inc. of Scottsdale, Arizona, (OTC Pink: CETI) is pleased to announce the addition of two new principals that have joined the management team of the Company, Markham Broughton and Dan Leboffe. Mr. Broughton has been invited to become the 3rd member of the board of directors and will replace Mr. Ivey who will be focusing more on our New Business Development division.
Mr. Broughton, an early investor in CETI, is an experienced petrochemical professional that has worked for decades across small, mid, and major oil conglomerates both domestically & internationally. His expertise in the disciplines of business development, performance improvement, and project management add to our leadership team. Mark blends his advanced education, extensive experience, best practices, innovative insights, contact network, and a formidable work ethic to deliver results on-time, on-scope, and on-budget. His undergraduate degree is in Business Administration. His Masterโs degree is in International Business & Law. He attended the Rice Executive Program and regularly participates in continuing education.
Mr. Leboffe has joined the company in the capacity of Chief Financial Officer. For the past two years, he was a consultant for CETI primarily focused on financial modeling, investor presentations, business strategy and filings with OTC Markets and the SEC. Prior to CETI, he developed a diverse background in business over the past thirty-five years working with several Fortune 1000 companies in sales, marketing, product management, real estate and training. He co-founded Path Capital Advisors a growth and capital advisory service for CEOs, board of directors and business owners. Mr. Leboffe is a graduate of the Wharton School of Business and prior to that was a CPA with Price Waterhouse working with diverse audit and tax clients.
CETI recently completed the conversion of $1,550,000 of convertible debt, previously held by 25 Note Holders, to equity in the Company. The notes were converted at a discounted share price of $ .40 per share plus the bonus incentive shares for a total of 4,644,182 shares of 144 common stock. Kim D. Southworth, CEO of CETI stated,โ This was a very positive move for both the Note Holders and CETI. This will not only have a direct impact on the financial statements, removing the debt from the balance sheet but, will also eliminate the debt service associated with those notesโ.