Koil Energy Solutions Inc. (KLNG)

[spec machine]

sometimes a new leader is required to take the difficult steps in cost reductions

Are you (and the IR team) saying this will happen??

If, by some miracle or divine intervention, possibly even regulatory or judicial intervention, that ever happens ...

... then DDI might have a chance of surviving

But the harsh truth is ..

They lost big money on big contracts before

They lost money on small contracts before

They lost money when the sector was HOT

They lost money when the sector was down

Now the GOM is HOT and they can't compete and hold onto the TINY sliver of the market that they had for years in their own back yard

So now you expect shareholders to believe they landed a high-margin order in a frontier area where infrastructure is minimal?

Little scraps of work that the big companies didn't bother with? Group them together and $4M sounds big, but it's not.

My predictions

- massive dilution within 6 months, probably sooner

- no change in the actual "leadership" of the company or control of the BOD

- repeated delays and a loss on the latest group of orders

- continued drop in "backlog" as revenues continue to lag indicating a lack of new orders coming in

Any challengers wanna make a bet?

spec