BlueFire Equipment Corp (BLFR) Executes Company Restructure to Optimize Current Operations and Facilitate Planned Acquisitions within 2024 to Become a Full Energy Holding Brand - Seite 2

Q2/Q3 2024

Property & Real Estate*

$16,500,000

Q2/Q3/Q4 2024

Equipment/Tool Rental*

$27,774,299

Q3 2024

Well Service*

$72,300,000

Q3/Q4 2024

Well Service and Rental*

$14,700,000

Q3/Q4 2024

Transportation*

$3,500,000

Q4 2024

Health, Safety & Environmental*

$12,500,000

Q4 2024

Plugging and Abandonment*

$3,500,000

Q4 2024

Fluid Services*

$14,200,000

Q4 2024

*The companies are under a Confidentiality Agreement until closed and merged.

As the Company progresses with its planned acquisitions, the executive team will expand the Board of Directors to 7 members.

Marketing and Branding:

The Company plans to commence on a marketing and branding campaign to establish BLFR as a full energy holding brand, based on its current and planned acquisitions. Management is currently in discussion with firms that will assist with the marketing and branding campaign to maximize the Company's image as an up-and-coming industry leader.

Share Cancellation and Audit Status:

As of March 20, 2024, the engaged attorney has shared that the 18,000,000 shares of common stock that has been in the process of cancellation is still on schedule to be achieved within Q1 2024. Additionally, the Company will start working on cancelling additional shares of common stock as part of its restructure.