Platinum Energy Solutions (FRAC) Sees IPO Price of $9-$11/Share

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January 24, 2012 7:12 AM EST

Platinum Energy Solutions, Inc. (NYSE: FRAC), filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The company plans to sell 14 million shares and sees an offering price of $9 - $11 per share. Platinum Energy Solutions plans to list on the New York Stock Exchange under the ticker "FRAC."

The offering is being made through Morgan Stanley, J.P. Morgan, Citigroup, and FBR Capital Markets.

Platinum Energy Solutions is an oilfield services provider specializing in premium hydraulic fracturing, coiled tubing and other pressure pumping services.

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Comments

Platinum Energy RIP OFF

Joe on Jan 26, 2012 12:43 AM
Mark as Spam

People are tired of not getting answers!
http://www.ripoffreport.com/financial-services/platinum-energy-solu/platinum-energy-solutions-layt-0c89d.htm

Platinum Energy Solutions Fraud Lawsuit

Mevlvin Lancaster on Jan 25, 2012 12:39 PM
Mark as Spam

Platinum Energy Solutions finally discloses multiple Federal lawsuits for fraud, conspiracy and theft to SEC but tries to hide them on page 100.
http://www.sec.gov/Archives/edgar/data/1503636/00011931251201459 9/d231008ds1a.htm#tx231008_3

Investor

North Dakota on Jan 24, 2012 05:08 PM
Mark as Spam

There is a pending lawsuit against them as they Platinum Energy Solutions owes investors $15,000,000!

http://www.courthousenews.com/2011/12/27/42547.htm

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