-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JK+TUo2X7VBos4EqUdAZgxRfAR5Tn7VnomEZXvtNTs48Z2L+HN4el6AT7A6g+35P cIOJHoZ1ludxept5Vcx3WQ== 0001144204-06-021405.txt : 20060518 0001144204-06-021405.hdr.sgml : 20060518 20060518130028 ACCESSION NUMBER: 0001144204-06-021405 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20060518 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060518 DATE AS OF CHANGE: 20060518 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FLOTEK INDUSTRIES INC/CN/ CENTRAL INDEX KEY: 0000928054 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT [5084] IRS NUMBER: 900023731 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13270 FILM NUMBER: 06851318 BUSINESS ADDRESS: STREET 1: 7030 EMPIRE CENTRAL DRIVE CITY: HOUSTON STATE: TX ZIP: 77040 BUSINESS PHONE: 7138499911 MAIL ADDRESS: STREET 1: 7030 EMPIRE CENTRAL DRIVE CITY: HOUSTON STATE: TX ZIP: 77040 8-K 1 v043734_8-k.htm

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): May 18, 2006

FLOTEK INDUSTRIES, INC.

Delaware (State or Other Jurisdiction of Incorporation)

001-13270 (Commission File Number)

90-0023731 (IRS Employer Identification Number)

7030 Empire Central Drive, Houston, Texas (Address of Principal Executive Offices)

77040 (Zip Code)

Registrant’s Telephone Number, including Area Code: (713) 849-9911

(Former Name or Former Address, if Changed Since Last Report)

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 (see General Instruction A.2. below):

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.

Pursuant to Regulation FD, the Company issued a press release dated May 18, 2006 attached to this report as Exhibit 99.1.

Pursuant to General Instruction B.2 of Form 8-K, the information furnished in this Item 7.01, including Exhibit 99.1 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 liability provisions of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

ITEM 9.01 Financial Statements and Exhibits.

Exhibit Number		Description of Exhibit

99.1		Press Release, dated as of May 18, 2006.

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: May 18, 2006

/s/ Lisa Meier

Lisa Meier

Chief Financial Officer

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*NEWS RELEASE*	*FLOTEK INDUSTRIES, INC.*
*FTK - AMEX* *Houston, Texas*	Thursday, May 18, 2006 6:00 a.m. EST

FLOTEK INDUSTRIES, INC. CLARIFIES CEO’S REMARKS

HOUSTON, TX – (MARKET WIRE) – 05/18/06 – Flotek Industries, Inc. (AMEX: FTK) announced today its clarification of the remarks of Jerry Dumas, its chief executive officer, in an interview given on Monday, May 15, 2006 to Alan R. Elliott of Investor's Business Daily. Mr. Dumas reported that a third acquisition for the Company in 2006 was "in the works" which, if completed, would double the size of the Company. As previously disclosed, the Company is engaged in negotiations for a significant acquisition; however no letter of intent or definitive agreement has been signed by the parties. Therefore, there can be no assurances that the acquisition will be ultimately consummated.

Mr. Dumas also estimated that the Company's revenues could reach $145 million this year. That estimate was of combined pro forma revenues, assuming consummation of the proposed acquisition as of January 1, 2006. The Company has previously projected that revenues from current operations in 2006 will be $79 million, assuming no additional acquisitions are consummated beyond the two acquisitions made already this year. Even if the proposed acquisition is consummated in 2006, there can be no assurances that the combined pro forma earnings estimate will be achieved or, if achieved, that it will be indicative of actual revenues for future periods.

Flotek manufactures and markets innovative specialty chemicals, downhole drilling and production equipment, and manages automated bulk material handling, loading and blending facilities. It serves major and independent companies in the domestic and international oilfield service industry. For additional information, please visit Flotek's web site at http://www.flotekind.com.

Statements made in this press release, including those relating to the positive direction of the Company, and increased revenue base, are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, which may cause results to differ materially from those set forth in these statements. Other factors identified in the Company's filings with the Securities and Exchange Commission could also affect the forward-looking statements contained in this press release.

CONTACT:

Flotek Industries, Inc.

Rosalie Melia

Corporate Secretary

713.849.9911

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