Koil Energy Solutions Inc. (KLNG)

[mystic krewe]

Rawnoc, your concerns are valid, but let's also try to look at this in ways that might be a bit outside the box, especially to someone who is self-admittedly very conservative. Frankly, it's over my head too, and same probably goes for most of us. I do think, though, that the world of corporate high finance may be a tad more complicated than a simple interest rate, high as it may seem. Anyone who has been around here any length of time knows I'm not the biggest fan of Prospect, and I've wanted to see DDI move to traditional banking with traditional interest rates. However, frankly, they've probably blown right past that window for the most part. It will likely be corporate financing and investment banking for the most part from here on up. The rate may be higher compared to conservative normal banking, but we aren't in that world and probably never were. What does a 15% rate mean exactly when a company is doing over 100% yoy with revs in the 20, 50, 80MM range, and that is just starting out? Not to go back to the buyout scenario, and not that one can count on that anyway, but that is just one of many outcomes here, and that kind of debt is peanuts to the big boys. DDI's growth rate would appear to eclipse their interest rate by a large margin. I know it's not that simple, and debt and interest on debt are real, but the guys running the show seem to be doing outstanding so far.