Koil Energy Solutions Inc. (KLNG)

[JoeSmith]

okay that was a bit tongue in cheek, it would take $220 million to own what he owns.
"Value Total:$220,871,447"
search
http://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp#topAnchor
enter "Deep Down Inc"

<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>form13fhr063008.txt
<DESCRIPTION>FORM 13FHR FILE 072208
<TEXT>
UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 13F

Report for the Calendar Year or Quarter Ended:
June 30, 2008


Check here if Amendment[ ]: Amendment Number: ______

This Amendment (Check only one.):[ ] a restatement.
[ ] adds new holdings entries.


Institutional Investment Manager Filing this Report:


Name:Dubuque Bank & Trust

Address:1398 Central Avenue
Dubuque, Iowa 52001


Form 13F file number:

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all information
contained herein is true, correct and complete, and that it is
understood that all required items, statements, schedules, lists,
and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Reporting Manager:

Name:Paul J. Peckosh

Title:Executive Vice President, Manager

Phone:[phone]

Signature, Place, and Date of Signing:


/s/ Paul Peckosh
_______________________________
Dubuque, Iowa
June 30, 2008


(Check only one.):

[X]13F HOLDINGS REPORT. (Check here if all holdings of this
reporting manager are reported in this report.)

[ ]13F NOTICE. (Check here if no holdings reported of this
reporting manager are reported in this report and a
portion are reported by other reporting manager(s).)

[ ]13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this
report and a portion are reported by other reporting manager(s).)

FORM 13F SUMMARY PAGE


Report Summary:


Number of Other Included Managers:0


Form 13F Information Table Entry Total: 73


Form 13F Information Table Value Total:$220,871,447