SOURCE: National Automation Services, Inc.

National Automation Services, Inc.

June 26, 2014 08:30 ET

National Automation Services, Inc. - Shareholder Update

LAS VEGAS, NV--(Marketwired - Jun 26, 2014) - National Automation Services, Inc. ("NAS") (OTCQB: NASV) the Company's Board of Directors updates Shareholders. 

The Company issues this update to Investors on progress made and future events as planned by the Board of Directors.

Company President/CEO Bob Chance stated, "The Board of Directors wishes to issue an update to our Shareholders as we navigate through regulatory compliance by completing a two year audit of JD Field Services, our first Acquisition announced earlier this year, and now are in the process of finalizing our first quarter "Q" which was due in May. The 8K, which was filed on June 11th had to be completed before work could commence on the "Q" as the audited financials become an integral part of the overall financials of NAS and the "Q". We anticipate this work will be completed very soon and have the Company back into full compliance. 

Although our Team worked diligently on completing the Audits, and my hat goes off to them for all of the hard work, we have learned from the JD audit experience and have adopted new procedures that will be applied to the next acquisition(s) scheduled this year, to eliminate delays in the future.

Our Acquisition Team is currently moving on several candidates in the Domestic Oil and Gas Production sector and we are close to announcing some of these in the very near future once agreements are in place.

Further information about JD Field Services is found on our website at http://www.jdfieldservices.com. For more information about National Automation Services, please visit our website at http://www.nasv.biz.

SAFE HARBOR AND INFORMATIONAL STATEMENT This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement are not guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's registration statement and reports filed with the SEC. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.

Contact Information

  • Investor Relations Contact:

    The Olibri Group
    Briggs Smith
    813-438-5225
    Email Contact