—  This presentation includes "forward-looking statements” within the meaning of Section 27A of the Securities Act of 193...
3
The following presentation has been prepared to demonstrate that the
price of of National Automation Services (NASV) com...
4
•  National Automation Services, Inc. (NAS)
is a fully reporting publicly traded holding
company currently targeting opp...
Company Data Points as of April 16, 2015
—  Price per Share $1.25
—  Market Cap $6.1 Million
—  Shares Outstanding 4.9 ...
—  Seek strong established companies with
customer diversification & durability of
service
—  Attract and retain KEY EMP...
7
—  Our first acquisition, which was acquired in March of 2014 is JD Field Services.
—  JD operates in the Rockies Regi...
8
0.00% 10.00% 20.00% 30.00% 40.00%
Anadarko
Kerr
 McGee
Newfield
 Production
 Company
PTI
 Group
 USA
ProPetro
...
9
Financial
 Highlights
 *
 
*JD
 12
 Months
 
Operations
 
2014
 
Milestones
 
—  NAS Acquired JD Fiel...
10
—  Projected Gross Revenues of $24 Million
—  Projected EBITDA of $5.5 Million
—  Projected Net Income of $2.4 Milli...
11
The following 2015 & 2016 year-end projections are based on the
assumption that NASV acquires one or more targeted comp...
12
—  Achieve Record Sales in 2015
—  Improve NAS Enterprise & Equity
Value
—  Grow Earnings by 100% +
—  Improve Bala...
13
14
Robert Chance (President, Chief Executive Officer / Board Chairman) – has served as a Chairman, President, and
Chief Ex...
Tom Sego (Independent Director) – an Independent Director of NAS, and is also currently CEO of SouthInk, a fast growing
in...
16
EQUITY
 OWNERSHIP
 
 
 
 
 
Officers,
 Directors
  Shares
  %
 
Robert
 Chance
 –
 President	...
17
Following are the important aspects one should consider in making an informed
decision about the viability of this inve...
—  Prior to a recapitalization in November, 2014, NASV shares were effectively
sequestered in the penny market and subjec...
—  JD Field Services (“JD”), is presently experiencing phenomenal growth, despite the
current pricing environment in the ...
—  Both NASV and JD are positioned to acquire other oil & gas service companies,
some with complimentary business’s, who ...
—  NASV’s financial partner, Wellington Shields, has executed commitments with the
Company to provide for a $30 Million p...
As shares of NASV move to either the NYSE Markets or NASDAQ, a larger and more
professional investing audience is likely t...
23
Company
Name Ticker Location
Services
Provided
Recent
Price
Shares
Out
(Mil)
Total
Revenues
($Mil TTM)
Annual
Earnings
...
24
8965 S Eastern Ave. Suite 120E Las Vegas, NV. 89123
Telephone: 877.871.6400 EFax: 702.446.8241
www.nasv.biz
NAS PPT Investor Presentatiuon 4.16.15
of 24

NAS PPT Investor Presentatiuon 4.16.15

Published on: Mar 3, 2016
Source: www.slideshare.net


Transcripts - NAS PPT Investor Presentatiuon 4.16.15

  • 1. —  This presentation includes "forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements other than statements of historical fact that give our current expectations or forecasts of future events. They include production forecasts, estimates of operating costs, assumptions regarding future natural gas and liquids prices, planned drilling activity by our Clients, estimated future capital expenditures, estimates of recoverable resources, projected rates of return and expected efficiency gains, as well as projected cash flow, business strategy and other plans and objectives for future operations. Although we believe the expectations and forecasts reflected in the forward-looking statements are reasonable, we can give no assurance they will prove to have been correct. They can be affected by inaccurate or changed assumptions or by known or unknown risks and uncertainties. —  Factors that could cause actual results to differ materially from expected results include the volatility of natural gas, oil and Natural Gas Liquefied (“NGL”) prices; the limitations our level of indebtedness may have on our financial flexibility; declines in the prices of natural gas and oil; the availability of capital on an economic basis, including through planned asset sales, to fund reserve replacement costs; our ability to replace reserves and sustain production; uncertainties inherent in estimating quantities of natural gas, oil and NGL reserves and projecting future rates of production and the amount and timing of development expenditures; our ability to generate profits or achieve targeted results in drilling and well services operations; legislative and regulatory changes adversely affecting our industry and our business, including initiatives related to hydraulic fracturing, air emissions and endangered species; a deterioration in general economic, business or industry conditions having a material adverse effect on our results of operations, liquidity and financial condition; oilfield services shortages, gathering system and transportation capacity constraints and various transportation interruptions that could adversely affect our revenues and cash flow; adverse developments and losses in connection with pending or future litigation and regulatory investigations; cyber attacks adversely impacting our operations; and an interruption at our headquarters that adversely affects our business. —  Disclosures concerning the estimated contribution of derivative contracts to our future results of operations are based upon market information as of a specific date. These market prices are subject to significant volatility. —  The discussions to acquire Devoe and MonDak, announced mid 2014 have ceased, however, NAS believes they remain potential future targets. —  We caution you not to place undue reliance on our forward-looking statements, which speak only as of the date of this presentation, and we undertake no obligation to update any of the information provided in this release, except as required by applicable law.
  • 2. 3 The following presentation has been prepared to demonstrate that the price of of National Automation Services (NASV) common stock is significantly undervalued, when compared to similar NYSE and NASDAQ listed companies operating in the Oil & Gas field services sector. Historical factors which have held back price appreciation in these shares are rapidly giving way to new developments, which are projected to cause explosive growth in NASV revenues, earnings and share price. We believe the opportunity revealed in this story warrants the attention and scrutiny of any serious investor seeking opportunities to build wealth. The story will first provide key elements of the Company’s business plan, move into recent developments and milestones achieved in the execution of such business plan, discuss the inherent opportunities becoming available in the oversold Oil & Gas sector and conclude with a comparative analysis of the shares of 6 established listed Oil & Gas field services companies. Overall, this information presents a compelling argument for the accumulation of these shares into a significant position within the astute investor’s investment portfolio.
  • 3. 4 •  National Automation Services, Inc. (NAS) is a fully reporting publicly traded holding company currently targeting opportunistic acquisitions in the Oil & Gas Services Industry •  NAS acquires established businesses with seasoned earnings that are dominant in their local markets •  The NAS platform provides financial support and strategic guidance to grow sales organically, while allowing each subsidiary to operate independently National  Automation  Services,  Inc.  (NASV)  OTCQB
  • 4. Company Data Points as of April 16, 2015 —  Price per Share $1.25 —  Market Cap $6.1 Million —  Shares Outstanding 4.9 Million —  Common Shares Authorized 75 Million —  Preferred Shares Authorized (none issued) 10 Million —  Shares in Float 2.4 Million —  126 employees – 2014 —  5 Year goal: 8 acquisitions, $188 Million sales, $20 Million Net
  • 5. —  Seek strong established companies with customer diversification & durability of service —  Attract and retain KEY EMPLOYEES with long term incentive agreements, —  Focus on completed efficiency with each acquisition before acquiring another —  Enhanced efficiencies potential north of 15%, —  Targeted acquisitions must have three years trailing average minimum EBITDA above $2M —  Yield increase on equipment utility by 20% 6
  • 6. 7 —  Our first acquisition, which was acquired in March of 2014 is JD Field Services. —  JD operates in the Rockies Region and is the dominant oilfield services contractor offering rig hauling, clean water and other trucking services to a broad client base. —  JD presently services over 30 E & P customers including Weatherford, Anadarko Petroleum Corporation (NYSE: APC), QEP Resources (NYSE: QEP), EOG Resources (NYSE: EOG), Newfield and SM Energy (NYSE: SM). The recent merger of Anadarko and Kerr McGee makes them one of JD’s top 5 customers. Having a diverse customer base during todays market, allows JD to benefit from customers that have changed their focus from one region of operation to another. While some customers may cease operations in regions we serve, others are focusing on, and are expanding in our region. Each existing customer has it’s own core operations in oil and natural gas exploration and production, with a current mix of 70% natural gas and 30% oil. —  JD has MSA’s (Master Service Agreements) with these companies among others, which is a difficult and a lengthy process to obtain. Without an MSA, a company cannot perform work for these clients, thus creating a barrier to entry for JD’s competitors and security to JD’s future workload and revenues, which have been consistent year after year as demonstrated on their historical financials.
  • 7. 8 0.00% 10.00% 20.00% 30.00% 40.00% Anadarko Kerr  McGee Newfield  Production  Company PTI  Group  USA ProPetro ZECO Pioneer  Drilling Howcroft  Filed  Services EOG Berry  Petroleum VARIOUS  -­‐  otr  customers %'  age  of Revenue
  • 8. 9 Financial  Highlights  *   *JD  12  Months   Operations   2014   Milestones   —  NAS Acquired JD Field Services —  NAS Completed Recapitalization —  JD Tripled Rig Hauling Crews —  JD Completed 51 (record) Rig Moves —  Total Sales $21 Million —  EBITDA $3.8 Million —  Earnings $.56 Million —  Cash/Debt $2.4 MM/10.5 MM
  • 9. 10 —  Projected Gross Revenues of $24 Million —  Projected EBITDA of $5.5 Million —  Projected Net Income of $2.4 Million —  Projected Shares Outstanding of 5.4 Million —  Projected EPS $.44 —  Projected Price per Share @ 20X $8.80 The following 2015 year-end projections are based on the assumptions that JD continues to earn at the same pace as Q1 2015 and that NASV makes no further acquisitions.
  • 10. 11 The following 2015 & 2016 year-end projections are based on the assumption that NASV acquires one or more targeted companies currently under active negotiations. The 2015 estimates assume 12 months of operations for JD and 6 months of operations the new acquisition(s). The 2016 estimates assume 12 months of operations for both including adjustments for organic and synergistic growth. —  Projected Annualized Gross Revenues —  Projected EBITDA —  Projected Net Income —  Projected Shares Outstanding —  Projected EPS —  Projected Price per Share @ 20X $69.4 Million $127.4 Million $13.9 Million $34.2 Million $9.1 Million $19.3 Million 5.4 Million 5.4 Million $1.69 $3.57 $33.80 $71.40
  • 11. 12 —  Achieve Record Sales in 2015 —  Improve NAS Enterprise & Equity Value —  Grow Earnings by 100% + —  Improve Balance Sheet —  Close on Second Acquisition —  Apply and up-list to NYSE Markets or NASDAQ
  • 12. 13
  • 13. 14 Robert Chance (President, Chief Executive Officer / Board Chairman) – has served as a Chairman, President, and Chief Executive Officer of NAS since October 2, 2007. From July 2005 to June 2007, Mr. Chance was Chief Operations Officer of Nytrox Systems. Prior to that time, he spent over 30 years in management positions at Siemens, Johnson Controls, Honeywell, and Fisher Controls International as Outside Controls Engineer for 12 years in the Oil and Gas Production/Refining Industry. Mr. Chance attended Trinity College and graduated with a Bachelor's degree in business management and marketing. Jeremy Briggs (Chief Financial Officer / Board Treasurer) – Joined NAS in July 2008, originally as Senior Accountant. He currently also serves as an executive board member for Energy Management Capital, Inc., Prior to 2008, Mr. Briggs, worked as an Auditor, as a Divisional Accountant at Toll Brothers, and has over 16 years of supervisory experience in business with emphasis on accounting and finance in various industries including hospitality, construction, manufacturing and consulting services. In 2007, Jeremy graduated from Keller Graduate school with a Master’s degree in Accounting and Finance . Jason Jensen (Director/ President of JD) – is currently the General Manager of JD Field services, an oil field services company located in Vernal, UT since its inception in 1999. He has been in the oil field and roustabout services industry for over 20 years. He received a certificate of completion from Uinta Basin Area Tech College in 1991. Sean Sego (Director - Lead Mergers & Acquisitions) – currently serves as Director and leads Mergers & Acquisitions effort. He is CEO of KS Holdings International, a tech M & A company. Mr. Sego was co-founder and Managing Director of Intrinsic Value Capital Management, LLC, a strict value investment management group. Sean previously spent 11 years in various management positions within the financial services industry and has 10 years of experience in operations in the petro-chemical, construction, and manufacturing industries. He graduated from Indiana State University with Bachelor's degree in business management in 1993.
  • 14. Tom Sego (Independent Director) – an Independent Director of NAS, and is also currently CEO of SouthInk, a fast growing international wine distributor. Previous to his current position he worked at Apple for 9 years. Most notably he served as head of World Wide Sales and Sales Support, reporting directly to Tim Cook, the now current CEO and successor of Steve Jobs. He managed 6 different divisions while at Apple and was responsible for expanding an experimental program from 300 retail stores to 2600 stores in 24 months, accounting for a large amount of Apple's growth during that period. Before Apple, Tom worked at Alta Vista in business analysis and product management. Tom also performed merger and acquisition work in business development at Emerson Electric. Tom also performed merger and acquisition work in business development at Emerson Electric after getting his MBA from Harvard Business School. James Gunn (Independent Director / Board Secretary) – has served as the Company’s Board of Director Secretary since May 2014 and is currently General Counsel for Cintron Brands, LLC., a beverage company located in MN. He also serves as counsel with several development stage start-ups. He is a well-rounded attorney with experience focused on development stage businesses, workouts, and litigation. Jim previously worked for several years for Thompson Coe Cousins & Irons, LLP in their St. Paul, Minnesota office, representing two Fortune 100 companies in litigation. He graduating with honors from the University of Iowa College of Law in 1997. Kevin Brown (Independent Director / Audit Committee Chair) – serving as the Company’s Auditing Committee Chair and has over twelve years of experience with Big 4 and regional accounting firms’ assurance services with a focus on financial statement and SOX 404 internal control audits for SEC registrants in the upstream and midstream oil and gas, precious and industrial metal mining, financial services, computer technology, media and entertainment, construction, and manufacturing and distribution industries. He has knowledge and experience with US GAAP and IFRS based technical accounting research and interpretations using FASB, IASB, and SEC regulations. He graduated Masters of Business Administration; California State University Fullerton, in 2003. 15
  • 15. 16 EQUITY  OWNERSHIP           Officers,  Directors   Shares   %   Robert  Chance  –  President  /  Chief  Execu7ve  Officer  &  Ac7ng  Chairman  of  the  Board   320,872   6.59%   Jeremy  Briggs  –  Chief  Financial  Officer  and  Board  Treasurer   200,500   5.00%   Sean  Sego  –  Independent  director  /  Mergers  and  Acquisi7ons   211,000   5.40%   Kevin  Brown  –  Independent  director  /  Audit  CommiYee  Chair   25,700   >1.0%   James  Gunn  –  Independent  director  /  Board  Secretary  &  Compensa7on  CommiYee   Chair   25,200   >1.0%   Tom  Sego  –  Independent  director   25,000   >1.0%   Jason  Jensen  –  Director  /  President  of  JD  Field   295,000   6.05%   David  Gurr  –  Officer  /  VP  of  JD  Field   295,000   6.05%       Total   1,288,272   32.1%   Issued  and  Outstanding    Shares     %   Outside  investors    -­‐  Over  500  in  the  market   3,584,082   67.6%                    No  one  single  outside  investor  holds  more  than  10%   Total   4,872,354   100%
  • 16. 17 Following are the important aspects one should consider in making an informed decision about the viability of this investment.
  • 17. —  Prior to a recapitalization in November, 2014, NASV shares were effectively sequestered in the penny market and subjected to shorting and other manipulative practices inherent in that trading arena. —  Because the shares were trading under $1.00, the vast majority of broker dealers and registered reps were prohibited from recommending NASV shares and building positions. —  Because of the unprecedented illiquidity, which characterized the 5 year financial recession, the Company was unable to execute on its business plan for lack of capital and had not been able to engage with a financial partner. —  Previously targeted acquisitions were unrealistically priced relative to a questionable economic outlook   18
  • 18. —  JD Field Services (“JD”), is presently experiencing phenomenal growth, despite the current pricing environment in the oil and gas sector —  The addition of new heavy hauling equipment in 2014, such as the two 275 ton cranes and specialty outfitted tractor trailers to accommodate the three rig moving crews, have enabled JD to significantly ramp up its lucrative rig moving service —  Many of the smaller producers served by JD have adjusted their operating budgets to continue operations at oil prices at or below $50 per barrel. —  Approximately 60% of JD’s customers are natural gas producers, whose business has been relatively unaffected by declining oil prices —  Several of JD’s competitors, who suffer from lack of customer diversification, some with their business concentrated in only one or two large customers, have had to close doors. This has enabled JD to acquire their customers, key employees and purchase valuable equipment at auction prices. JD is positioned to acquire additional opportunistic situations as and if the downturn in oil prices continues. 19
  • 19. —  Both NASV and JD are positioned to acquire other oil & gas service companies, some with complimentary business’s, who are unlikely to survive the downturn in oil prices, at significant discounts to previous valuations —  NASV is forecasting unprecedented opportunity to continue its growth by acquisition strategy. Backed by the financial strength of the Company’s investment banking partner, together with the operating prowess of JD Field Services, NASV is eminently positioned to make new acquisitions at significant discounts from much higher valuations just months ago. —  NASV’s acquisition pipeline has grown to over 6 companies in recent months. One company, which is in advanced stages of negotiation, would add $65 Million in revenues and $11 Million in net income to the Company’s income statement, virtually quadrupling both NASV revenues and net income. 20
  • 20. —  NASV’s financial partner, Wellington Shields, has executed commitments with the Company to provide for a $30 Million pipe, post up-listing and a $30 Million credit facility. —  NASV is presently deploying multiple channels of communication to spread the NASV story and build public awareness of this remarkable opportunity. —  NASV has completed all requisite paperwork and processes necessary to, and is ready to apply to either the NYSE Markets or NASDAQ for listing as soon as the Company’s common stock trades at an average of $3.00 for 20 consecutive trading days. —  Listing on NYSE Markets or NASDAQ is likely to expose NASV to a significant audience of professional investors including institutional, private equity and high net worth individuals. —  Listing on NYSE Markets or NASDAQ is likely assess a proper valuation to NASV’s earning power, through higher multiples and correspondingly higher share prices. 21
  • 21. As shares of NASV move to either the NYSE Markets or NASDAQ, a larger and more professional investing audience is likely to award to NASV a price per share more in line with listed market multiples. The table on the following slide presents financial data on six companies in the Oil & Gas services sector, which are listed on either NYSE or NASDAQ. Some of these companies reported negative trailing 12 month’s earnings. Thus for purposes of valuing NASV shares in comparison to these companies, a typical earnings per share multiple would not suffice. Instead, a more logical approach to price discovery would be to look at a market CAP multiplier, which is the total market CAP of the company divided by the trailing 12 months gross revenues. In the case of these six companies, the average market CAP multiplier was 3.0, after taking out the high and low. Applying this average multiplier to NASV shares we arrive at a current market valuation of $13.00 per share (NASV (JD 12 months) 2014 Gross Revenues of $21 Million X 3.0 market CAP multiplier/4.8 Million Shares Out = $13.00 per Share . We think this is what NASV shares are worth today. Add $65 Million in revenues from one acquisition, which has a very high probability of closing this year, plug in year-end projected shares outstanding of 5.4 million and we could be looking at a $49.00 share price. 22
  • 22. 23 Company Name Ticker Location Services Provided Recent Price Shares Out (Mil) Total Revenues ($Mil TTM) Annual Earnings ($Mil) Earnings Per Share P/E Market CAP ($Mil) Market Cap Multiple Dakota Plains Holdings, Inc. NYSE:DAKP Williston Basin, ND Transloading & Storage Energy Products $ 1.77 54.8 $ 5.7 $ (3.15) -$ 0.06 NM $ 97.20 17.1 Blueknight Energy Partners, LP NASDAQ:BK EP 23 States Terminaling, Storage, Proccessing, Gathering O & G Products 7.19 32.8 187.9 - 0.98 - 0.03 (241.4) 235.60 1.3 DHT Holdings, Inc. NYSE:DHT International Crude Oil Tanker Fleet 7.26 92.5 150.8 - 7.85 - 0.08 NM 671.60 4.5 Arc Logistics Partners, LP NYSE:ARCX Multiple,NYC HQ Terminalling, Storage, Throughput & Transloading 19.82 12.9 54 4.94 0.38 51.7 256.60 4.8 Enservco Corp NYSE:ENSV Eastern U.S., Rocky Mntn., Central U.S. Water Fluid Hauling, Frac Tank Rental, Well Enhancement, Maintenance 2.2 37.1 53.2 2.66 0.07 30.7 81.50 1.5 Nuverra Environmental Solutions, Inc. NYSE:NES Bakken, Marcellus/Utica, Haynesville, Eagle-Ford, Mississippian Lime, Barnett & Permian Basin Shales Restricted Environmental Handling, Water Treatment, Hauling, Trucking, Storage, etc. 3.3 27.3 432.6 16.66 0.61 NM 90.10 0.2 4.9 3.0 NASV Comparative Pricing Analysis of OiI & Gas Field Service Companies February 20, 2015 Mean Multiplier Removing High and Low Mean Multiplier
  • 23. 24 8965 S Eastern Ave. Suite 120E Las Vegas, NV. 89123 Telephone: 877.871.6400 EFax: 702.446.8241 www.nasv.biz

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