Koil Energy Solutions Inc. (KLNG)

[nsomniyak]

I have one further thought on today's PR.

I was disappointed that it was poorly worded, and allowed to go out with a misleading headline.

The number that matters to DPDW is $600,000 to the bottom line over 18 months. Qualitatively, the relationship with Matrix is probably worth multiples of that. I look for some kind of deeper relationship between DPDW and Martrix. Clearly this is another validation of the "space"--it is clear that DPDW expects to be able to broker (hate to say sell, as DPDW is not getting this as revenue) $30MM of this stuff over 18 months.

So, here's my final thought. This release WAS poorly written and somewhat misleading, and that is atypical of DPDW--go back and read their other PRs. I can't help thinking that they had a strong incentive to get this on the wires before today's close, in some form.

For whatever reason, the rush to publish before today's close was allowed to trump careful editing. Given that DPDW has been very careful in their past PRs, the only explanation I can come up with is that they have something else they want to release tomorrow and did not want the impact to be diluted with a "combined" PR.

This makes me look for another PR tomorrow or Friday, and I am not referring to "old news" like Mako.