GreenHunter Resources, Inc | 10% Series C Cumulative Preferred Stock (GRH.PRC)
Prospectus excerpt: We may not redeem the Series C Preferred Stock prior to June 30, 2015, except pursuant to the special redemption upon a Change of Ownership or Control discussed below. On and after June 30, 2015, we may redeem the Series C Preferred Stock for cash at our option, from time to time, in whole or in part, at a redemption price of $25.00 per share, plus accrued and unpaid dividends (whether or not earned or declared) to the redemption date.
GreenHunter Resources is a water management services company that engages in water solutions required for the oil and natural gas shale resource plays. Through its wholly-owned subsidiaries, Co. provides Oilfield Fluid Management Solutions in the oilfield and within the shale plays of the Appalachian Basin. Co.'s Oilfield Fluid Management Solutions are custom developed to meet producers' water resource planning needs. These solutions include owning and operating saltwater disposal facilities, transportation of fluids, frac tank rentals, above ground storage tanks, and mobile and permanent water treatment technologies to provide services to its customers.