Koil Energy Solutions Inc. (KLNG)

[10 bagger]

Bud..

You have presented a basic approach to earnings and sales of DPDW projections in your presentation.. As I have my notes written on scraps of paper placed all over my desk,, my indications of profitably it appears are different than most if you and Dahlman compare equally..

I think the sum of the various parts of DPDW indicate to me that while Dahlman's projections of sales are within the ballpark,, thier business model does not take into account the normal profit margins and and predictable cashflow associated with each DPDW profit center.. Needless to say,, my first glance impression for EBTIA was around $0.18 this fiscal year and $0.28 next year has been raised to $0.42 next year.. This year will be a learning curve for management and any increases to this years EBTIA will be in the latter part of the year and not at present..

Based upon this information I have as of today increased my position in DPDW to a little over 97,000 shares... Tomorrow I will add a few more to bring the position to the 100,000 level..

As normal I will not add any more until I read the new 10K which is just around the corner to validate my DD.. At any rate your work provides a insyte to projections of DPDW's future but,, I do believe that the profit mix and cashflow from new DPDW profit centers will be higher than those normally associated with DPDW's older and more mature business...

Nice work,, I sometimes wish that I could get myself a little more organized because in reality one picture is worth a thousand words and if nothing else your spread sheet made me at least compare our findings.. hank