Koil Energy Solutions Inc. (KLNG)

[locustsuc]

Well now I think it's fairly obvious that Mako wasn't included in DRs estimates. The writing has been on the wall for a while.

Posted by: locustsuc
In reply to: uncleremus who wrote msg# 39210
Date:12/5/2007 1:00:04 PM
Post #of 56098

Accounts Receivable is probably the most important number on the last Q. $3,388,058. They already manufactured and delivered these products to their customers and have yet to receive payment for them. That number alone is going to mean a huge 4th quarter without Mako. Gene Butler really stressed the importance of the Accounts Receivable when I talked to him a few weeks ago. This all adds up to a huge 4th quarter. IMO we will easily do over $6M without Mako.

Sept 30 June 30 March 31
Acc. Receivable 3,388,058 1,929,171 1,445,448
Revenue 4,885,555 5,144,788 2,098,394