Camber Energy Inc. based in Houston, Texas, announced today that it is has entered into and closed the transactions contemplated by a Preferred Stock Redemption Agreement. The redemption agreement, entered into with Lineal Star Holdings, LLC , Lineal Star's wholly-owned subsidiaries and the holders of the Company's Series E and F Preferred Stock, resulted in the redemption and cancellation of all of the Company's [...]
Camber Energy Inc. based in Houston, Texas, announced today that it is aware of the recent unusually high trading volume and increase in share price of its common stock since December 9, 2019 on the NYSE American. Camber confirms that although it is customarily involved in ongoing discussions with multiple parties regarding potential transactions, it is not currently aware of any material undisclosed information which is [...]
Camber Energy Inc. based in Houston, Texas, disclosed today that, its 1for50 reverse stock split, which the Company previously disclosed was approved by the Board of Directors on October 24, 2019, is effective as of 12:01 a.m. Central Standard Time today, and will be reflected in the marketplace as of the open of trading. The 1for50 reverse stock split, under applicable Nevada law Section 78.207), proportionally adjusted [...]
Camber Energy Inc. based in Houston, Texas, today announced that, its Board of Directors has approved a 1-for-50 reverse stock split of the Company's authorized shares of common stock; and issued and outstanding shares of common stock. The reverse stock split will be effective as of the open of the market on October 29, 2019. As a result, the Company will not be increasing its authorized but unissued shares of common [...]
Camber Energy announced today that Tim Connolly, the CEO of its newly acquired subsidiary, Lineal Star Holdings LLC, www.LinealStar.com , will appear live on "CEO Money", Hosted by Michael Yorba, Chairman & CEO of WFN1 News Corp. Mr. Connolly will discuss the 64-year history of Lineal Industries, Inc., which is wholly-owned by Lineal Star, and its ongoing operations following its acquisition by Lineal Star in July 2018 [...]
Camber Energy Inc. , based in Houston, Texas today provided a shareholder update highlighting fundamental developments at its wholly-owned subsidiary Lineal Star Holdings, LLC and the audited financial statements included with its recently filed Current Report on Form 8-K/A . New Chapter Underway The merger of Camber and Lineal, completed in July 2019, began a new chapter in the Company's history. Historically, Camber's [...]
Camber Energy Inc. based in Houston, Texas, today announced that its wholly-owned subsidiary Lineal Star Holdings, LLC , has closed the purchase of 80% of the membership interests of Evercon Energy LLC , headquartered in College Station, Texas. Evercon provides pipeline solutions and field services, project management and inspection services, energy infrastructure maintenance, facilities construction, fabrication and [...]
Camber Energy Inc. based in Houston, Texas, announced today its recently acquired subsidiary Lineal Industries, Inc. www.LinealStar.com, has regained a major legacy customer lost by its prior owners before the purchase of the company by Lineal Star Holdings, LLC in 2018. The customer is one of the largest wholesale distributors of refined petroleum products in the USA, with strategically located terminals in the [...]
Camber Energy Inc. based in Houston, Texas, today announced that its subsidiary Lineal Star Holdings, LLC , has scheduled the closing to purchase Evercon Energy LLC , headquartered in College Station, Texas. Evercon provides pipeline solutions and field services, project management and inspection services, energy infrastructure maintenance, facilities construction, fabrication and Heavy Civil Construction services. Craig [...]
Camber Energy Inc. based in Houston, Texas, today announced that its subsidiary Lineal Star Holdings, LLC , has executed an LOI to purchase EverconEnergy LLC , headquartered in College Station, Texas. Evercon provides pipeline solutions and field services, project management and inspection services, energy infrastructure maintenance, facilities construction, fabrication and Heavy Civil Construction services. Brian Stiles [...]
Campaigns to Position Camber and Lineal Star as Preeminent Energy Infrastructure Solutions Provider Interdependence Public Relations announced today its partnership with Camber Energy to launch an investor relations and public relations campaign for recently acquired Lineal Star Holdings. The Camber Lineal Star merger was announced in July 2019. The Interdependence campaign will raise retail investor awareness of the [...]
Interdependence Public Relations announced today its partnership with Camber Energy to launch an investor relations and public relations campaign for recently acquired Lineal Star Holdings. The Camber Lineal Star merger was announced in July 2019. The Interdependence campaign will raise retail investor awareness of the merger and position the Camber Lineal Star merger as a forward-thinking and innovative investment [...]