Koil Energy Solutions Inc. (KLNG)

[spec machine]

The Chairman of the Board of Directors leaves but not before he cleverly tricks Ronny boy into agreeing to a share buyback ....

So he can SELL EVERY SHARE OF DPDW that he owns (including accelerated vesting of his restricted shares) on his way out the door !!!

That must have been quite a blowup at the last BOD meeting

It is apparent that Butler didn't retire - HE QUIT and walked out, leaving Ron clueless

There is no other explanation that accounts for cashing out every share

It seems that Butler has severed his ties to the company for a reason

My guess would be that he sees the end of DPDW coming, with new orders falling off and Ron's continued irresponsible spending on non-producing daydreams

Or possibly there has been an investigation underway regarding the activities of DPDW related to laws and fiduciary responsibilities

The third, and most likely IMO, is that Ronny may be getting ready to print up and (try to) sell a bunch of shares to raise cash

He must if he wants to keep the gravy train rolling

DPDW has insufficient cash to even take on a single large order


There is no WIN possible for shareholders from here, just a race to zero value

IMO

spec