UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
______________________

Date of Report (Date of earliest event reported): June 16, 2014

Aly Energy Services, Inc.
(Exact Name of Registrant as Specified in its Charter)
 
Delaware
 
033-92894
 
75-2440201
(State of Incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
3 Riverway, Suite 920
Houston, Texas 77056
(Address of principal executive offices)

Registrant’s telephone number, including area code: 713-333-4000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



 
 

 
 
Item 7.01.
Regulation FD Disclosure.

On June 17, 2014, we issued a press release announcing the acquisition of Evolution Guidance Systems Inc. A copy of the press release is furnished herewith as Exhibit 99.1.

Also on June 17, 2014, we updated our Management Presentation, a copy of which is furnished with this Form 8-K as Exhibit 99.2. The Management Presentation has been posted to the Company’s website, www.alyenergy.com and can be found in the Investor Relations section.

In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this current report on Form 8-K, including the exhibits attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.
 
Item 9.01.
Financial Statements and Exhibits.
 
(d) Exhibits.
 
Exhibit Number
 
Description
     
99.1
 
Press release dated June 17, 2014
99.2
 
Aly Energy Services, Inc. Management Presentation June 2014
 
 
2

 
 
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
Aly Energy Services, Inc.
 
 
 
 
 
Dated: June 17, 2014
By:
/s/ Munawar H. Hidayatallah
 
 
 
Name: Munawar H. Hidayatallah
 
 
 
Title: Chairman and CEO
 
 
 
3


EXHIBIT 99.1
 
Aly Energy Services, Inc. Announces Agreement to Acquire Evolution Guidance Systems Inc.
 
Houston, TX, June 17, 2014: Aly Energy Services, Inc. (OTCQB: ALYE) announced today that it has signed a definitive Purchase Agreement to acquire all the issued and outstanding stock of Evolution Guidance Systems Inc., an operator of Measurement While Drilling (MWD) downhole tools with advanced gamma technology and technology to build a gamma imaging tool named Azimuthal Gamma. Evolution Guidance Systems is currently owned by Thor Eckmann and Henry Iwunze, who will remain with the company after the acquisition is completed. The closing date for the transaction is scheduled for July 1, 2014.

Mr. Iwunze has prior management and technical experience with Archer Directional Drilling services, Pinpoint Drilling and Directional services and Halliburton Energy Services fleet of tools.

Mr. Eckmann most recently is a drilling superintendent, but has served as a consulting and technical advisor for various Energy and Directional Drilling companies. Mr. Eckmann has over 35 years experience in the Oil and Gas industry.

Mr. Hidayatallah, Chairman and CEO of Aly Energy Services, Inc. stated, “We invest in people and I could not be more excited about having Evolution’s leadership join the Aly team. We believe that this is simply a first step for Aly to provide full directional drilling packages including MWD kits to our customers. Horizontal and Directional drilling are increasingly important services in the technology of shale drilling. It is our intention always to be on the cutting edge of technology with both the equipment and the operators we provide to our customers.”

About Aly Energy Services, Inc.
ALYE, through its subsidiaries Aly Operating, Inc., Austin Chalk Petroleum Services Corp. and Aly Centrifuge provides equipment and services including surface rental equipment for mud delivery, solids control, fluid management and roustabout services responsible for delivering equipment and rig-up on well sites. ALYE has operating yards in Giddings, Texas, San Angelo, Texas, Dilley, Texas and Celina, Texas from which ALYE services the Eagle Ford shale, and the Permian Basin, as well as other strategic fields. ALYE's primary products include mud circulating tanks (400 and 500 barrel capacity), mud pumps (diesel and electric), oil skimming systems, secondary containment systems and stairs, mud mixing plants, centrifuge units and shakers. ALYE fabricates several of its products in-house.


EXHIBIT 99.2
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 

 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
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