Koil Energy Solutions Inc. (KLNG)

[MossyOak]

This does send a positive message from management!! they wanted to send a signal to the market that they're in this for the long term and have high expectations for the stock price, hence the $1.50 exercise price.

just to reiterate, for anyone who didn't catch our earlier discussion of the matter, this means they won't be in the money on those shares until the stock price hits $1.51... and higher.