The cost of OCTG and line pipe inventory as of December 31, 2016 was higher than the market value of the pipe at that time, as the cost of production reflected historical costs incurred and high fixed cost absorption. The cost of production of the inventory as of December 31, 2017 was lower, while the market sales prices increased as the result of increasing demand. Beginning in September 2015, in response to the downturn in oil and natural gas prices and demand for our products, we idled several of our production facilities starting. As of December 31, 2017, we have restarted all of our idled facilities.

Our operations benefit from our broad, strategically positioned geographic footprint, which supports our ability to supply seamless and welded OCTG to the most active major oil and gas basins in the United States and Canada. We own and operate 11 production facilities in the United States and Canada that produce a wide range of OCTG in various sizes and grades and together offer approximately 1.5 million tons of annual steel pipe production capacity, approximately 1.5 million tons of annual threading capacity and 674,000 tons of annual heat treating capacity. We have finishing facilities in close proximity to our end-users’ E&P operations, which allows us to provide our customers with customized technical solutions and to synchronize our production and logistics with evolving demands. We also import seamless OCTG and line pipe in sizes that we do not produce domestically from the TMK Group.

VT: “The biggest mistake we see is people using an inferior package initially to save money. Often, the business-minded individual is drawn to the most economic package, only to find they pay more in the damages that it causes. Spoiled and damaged product will cost the business much more than upgrading to the best packaging available. Invest in your product the first time, and protect the time, money and energy it takes to create the product you are proud of.”

SECTION 6. Costs and Expenses. Each of the Loan Parties hereby affirms its obligation under the Credit Agreement to reimburse the Administrative Agent for all reasonable, out of pocket expenses paid or incurred by the Administrative Agent and the Lenders in connection with the preparation, negotiation, execution and delivery of this Amendment, including but not limited to the attorneys’ fees and expenses of attorneys for the Administrative Agent with respect thereto.

Tax authorities may question our transfer pricing mechanisms or intercompany transactions, which could increase our effective tax rate or otherwise harm our business.

At Aroma, we have evolved our hiring practices and expectations. TIP: We are upfront and clear about what we need out of an employee. We have landed a great core team now, and the whole garden moves in unison. It’s wonderful. TIP: It is tough to find good help, but when you do, hold on to them. Nothing short of an amazing team will do.

In addition, in the United Kingdom, this document is being distributed only to, and is directed only at, and any offer subsequently made may only be directed at persons who are “qualified investors” (as defined in the Prospectus Directive) (i) who have professional experience in matters relating to investments falling within Article 19 (5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) and/or (ii) who are high net worth companies (or persons to whom it may otherwise be lawfully communicated) falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). This document must not be acted on or relied on in the United Kingdom by persons who are not relevant persons. In the United Kingdom, any investment or investment activity to which this document relates is only available to, and will be engaged in with, relevant persons.

On the other hand, Afghan landraces originated in a dry climate with few fungi, providing scant evolutionary pressure to develop resistance to fungal infection and resulting in populations that proved highly susceptible to fungal attack. Indoor grow room and greenhouse atmospheres are often considerably more humid than the outside air, and when varieties of Afghan heritage are grown indoors, they are most often compromised by pests and pathogens. This susceptibility has proven to be a dominant trait in present-day hybrids, and “OG Kush” and its relatives within the “Kush” family (as well as most other modern drug cannabis hybrids, whether rich in THC, CBD or both target compounds) have inherited this economically threatening trait. Today, susceptibility to these pests can result in catastrophic crop losses that will prove to be unsustainable in a normalized agricultural cannabis industry.

The Board has adopted an updated code of business conduct and ethics applicable to our employees, directors and officers, in accordance with applicable U.S. federal securities laws and the corporate governance rules of the NYSE. Any waiver of this code with respect to an officer or director may be made only by the Board and will be promptly disclosed as required by applicable U.S. federal securities laws and the corporate governance rules of the NYSE.

After graduating, he began a lifetime’s career at Bell Labs. He finally retired in 1976 and began teaching science and engineering.

The shares applied for by Exempt Investors in Australia must not be offered for sale in Australia in the period of twelve months after the date of allotment under the offering, except in circumstances where disclosure to investors under Chapter 6D of the Corporations Act would not be required pursuant to an exemption under section 708 of the Corporations Act or otherwise or where the offer is pursuant to a disclosure document which complies with Chapter 6D of the Corporations Act. Any person acquiring shares must observe such Australian on-sale restrictions.

Delivery of the shares of common stock is expected to be made on or about                     , 2018 through the book-entry facilities of The Depository Trust Company.