The Company has engaged in transactions with OFS International LLC (OFSI) and its subsidiaries, which include the sales and purchases of goods and services. OFSI was a subsidiary of PAO TMK until September 2016 when the majority interest was sold by PAO TMK. OFSI is now an affiliate of both the Company and PAO TMK.
Conflicts of interest could arise in the future between us, on the one hand, and the TMK Group, on the other hand, concerning among other things, potential competitive business activities or business opportunities, and the corporate opportunity provisions in our amended and restated certificate of incorporation could enable the TMK Group to benefit from such opportunities that might otherwise be available to us.
Depreciation expense was $47.1 million and $50.5 million for the years ended December 31, 2017 and 2016, respectively. There were no impairments in 2017 and 2016.
This summary provides a brief overview of information contained elsewhere in this prospectus. This summary does not contain all of the information that you should consider before investing in our common stock. You should read the entire prospectus carefully, including the information set forth under Risk Factors, Forward-Looking Statements and Managements Discussion and Analysis of Financial Condition and Results of Operations and the financial statements and the related notes thereto included elsewhere in this prospectus. Unless indicated otherwise, the information presented in this prospectus assumes (i) an initial public offering price of $ per share (the midpoint of the price range on the cover page of this prospectus), (ii) that the underwriters do not exercise their option to purchase additional shares, and (iii) other than in the consolidated financial statements and related notes included elsewhere in this prospectus, the consummation of a stock split immediately prior to and contingent upon the completion of this offering pursuant to which each share of common stock held of record by the holder thereof will be reclassified into approximately shares of common stock (the Stock Split).
The experiences on the drive in and on the trails are about as far apart as the North Pole and the South Pole.
Additional information: James Maceo West is a prolific American inventor and professor best-known for the invention of an early microphone called the electroacoustic transducer electret microphone (ETEM).
Shaked: Pharmocann has chosen to collaborate with Panaxia, a leading laboratory in the Israeli cannabis industry, and Professor Yehuda Ullmann, director of the Department of Plastic Surgery at the Rambam Health Care Campus, with whom we are conducting a clinical study at the Technion because we have set ourselves a high-priority target to meet the quality standards leading to the production of cannabis at the medical level, in line with global standards.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.Pennsylvania Machine WorksAnvil InternationalGuru Gautam SteelsKalikund Steel&EngineeringNeo Impex StainlessShakti Forge IndustriesMetal UdyogFitwel IndustriesRajendra PipingKamlesh Metal
I have to say, it looks as though it’s the patient who is crap in these instances. You went to see a doctor, rather than an optometrist (NB, not an optician, they are very different things) about your eye? You went to see a GP rather than a pyhsio in the first instance with a joint problem?
Additional information: Samuel R. Scottron was a Black American inventor and entrepreneur. He was a prominent member of Brooklyn’s Black Elite community and is best known as the inventor of the Scottron’s Improved Mirror.
The long-term rise in suicide rates among white men is a national phenomenon. And while sociological factors like poverty and isolation are motivating factors, access to guns can instantly turn thoughts of suicide into reality.
The OCTG market is also affected by import activity and the level of inventories maintained by manufacturers, distributors and end-users. During downturns in drilling activity, customers and distributors prioritize drawing on inventory rather than purchasing new products, causing demand for new production and imports to decrease. Conversely, in periods of increased drilling activity, distributors and end-users typically increase their OCTG inventory levels, which can accelerate demand for new pipe production. OCTG inventory levels in the United States and Canada have historically ranged from four to six months of demand but reached peak levels in late 2015 and the first half of 2016 with average inventory levels exceeding ten months of demand. Large inventory draws in the third and fourth quarters of 2016 brought inventory levels toward the bottom of the historical range in early 2017, balancing the market and providing support to OCTG pricing. According to Preston Pipe, OCTG inventory levels were at approximately 4.1 months of demand in June 2018.
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