NextMart, Inc. acquired Two Brothers Services, LLC from Oscar Maldonado.
July 30, 2022
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NextMart, Inc. (OTCPK:NXMR) agreed to acquire Two Brothers Services, LLC from Oscar Maldonado on June 16, 2022. The consideration includes 30,000,000 common shares of NextMart. Two Brothers Services has approximately $3 million in hard assets and equipment and produced top line revenue of $1.6 million in fiscal year 2021. It is expected that Two Brothers Services is on pace to beat fiscal year 2021 top line revenue by closing out the 2022 fiscal year at $3 million.
NextMart, Inc. (OTCPK:NXMR) completed the acquisition of Two Brothers Services, LLC from Oscar Maldonado on July 1, 2022.
NextMart, Inc., through its subsidiary Emco Oilfield Services, LLC (EMCO), provides oilfield services. The Company provides oilfield services, including salt water and freshwater hauling, hydrocar 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. Its services over 68 oilfield clients, including oil companies, such as Exxon Mobile's subsidiary, XTO, Chevron, Conoco Phillips, Occidental (OXY), and independent public oil companies, such as EOG, Devon, Cimarex, Noble Energy and many more. Its oilfield service is mainly in the Permian Basis, which is located in Western Texas and Eastern New Mexico.
NEXTMART, INC. 
