Koil Energy Solutions Inc. (KLNG)

[spec machine]

Ronny boy still doesn't get it

Shareholders didn't invest in DPDW to fund Ron's favorite whimsical folly of the month



You can't even get your CORE business volume up enough to cover your spending and bloated salaries

yet you wander off into ...

X-prize (a million in 2017 alone)

treasure hunting fabrication gig that didn't get paid in full for (and legal fees to try to get paid) a custom fabricated tool and ROV rental

StaPut dynamic positioning system AND the lovely demonstration vessel(s) - never sold a single unit but I bet the fishing was a blast

That submarine thing and a dozen other wacky scientist things like paying the legal and prep work for all of the useless patents - a patented modular atoll???? seriously???

Flotation Technologies - in business for decades as a successful business, DDI acquires it and pours cash into it and drove it into the gutter then writes off millions in losses

Couldn't keep Mako ROV rentals afloat and after bleeding cash for years into maintenance and repair of the equipment salvaged from Mako's implosion ... now you're excited about possibly getting into pipe trenching equipment????

The Monster Mouth movie?? did it ever get produced???

and who can forget the stunning financial arrangements related to the Cleveland TX property "DDI Ranch" dubbed "Ron's petting zoo", complete with Texas shaped pool and livestock

ALL WHILE LOSING MONEY EVERY YEAR

Throw in the "Ship and Sail" failed acquisition attempt and the Panama scandal and I think everyone can see the writing on the wall

Paying %50 of book for DPDW is like paying $50 for Ron's $100 lunch

IMO
spec