On Monday, Next Bridge Hydrocarbons released an update to shareholders.
The update, in the form of a press release, gave us a few operational updates such as news on their public accounting firm change previously announced along with a mention of the famous S1 from way back in January 2023.
They said they are “actively working with the SEC to resolve their comments and update our 2023 Form 10-K so that we are in a position to update the registration statement on Form S-1.”
Their talk about the S-1 still sounds a bit convoluted, but at least there is some progress in this area.
We’re not sure actively working with the SEC is going to be very productive until Gary Gensler retires.
The full update is available here.
They also included information on the companies office location. There has been much speculation online that they had closed their corporate office, however we find out here it was just moved to Midland, Texas. And they have a free lease deal with new landlord and chief officer Greg McCabe.
They ended with a statement which once again, teases more updates. Let’s hope they follow through this time in a reasonable timeframe. We all want to know what’s going on with the company, and our investment.