Koil Energy Solutions Inc. (KLNG)

[roger wilco]

If I read this right the float will now become over 11,500,000 shares???

Float: 7,870,171
+ 543,689
+ 3,125,000

In addition, Deep Down announced that it has agreed to eliminate an obligation to pay $20,000 per month for the next 28 months, or an aggregate of $560,000, by exchanging this obligation for 543,689 shares of common stock. This agreement was also reached on October 2, 2007. Please reference a news release dated August 14, 2007.

Deep Down also announced it has reached an agreement with Ironman Energy Capital, L.P. to close a private placement of 3,125,000 shares of common stock of the company at $0.96 per share, or $3,000,000 in the aggregate, in an agreement reached on October 2, 2007 when the closing price was $1.03 per share. The Company expects closing to take place on or before Friday, October 12, 2007.