Koil Energy Solutions Inc. (KLNG)

[uncleremus]

It's the same Butler and the company did make a lot of acquisitions and it did go bankrupt. Fast forward 9 years and all acquisitions are not created equal nor are they all dillutive...the new dpdw can easily afford 1/2 million in debt per qtr especially since their cash flow will be level from Mako and FT revenue streams. The prospects for growth and synergies outweigh the risks of burgeoning debt levels and BK down the road when you consider the business environment for deepwater services is on fire.