Koil Energy Solutions Inc. (KLNG)

[fazoolius]

brikk,

You might be right with your hunch, I however think that they are the same lot and that maybe they sold the 135k on the market.

The private placement was done on the 5th of June, 2008. These shares were filled on the 22nd of July, 2008 and effective as of June 30th, 2008. The position of 2,721,188 shares was acquired between March 31st and June 30th, 2008, which leads me to believe it is from the private placement.

7/22/08 fling by Dubuque: http://www.secinfo.com/$/SEC/Filing.asp?D=s2hv.tj

4/14/08 filing by Dubuque: http://www.secinfo.com/$/SEC/Filing.asp?D=s2hv.ts

(No DPDW shares reported by Dubuque on the 4/14 filing)


My gut says that these shares are the same lot as from the private placement. I am not sure where the difference comes from, for all we know they may have sold the shares to the market. However, you may indeed be right about your theory and I will have an even bigger smile on my face and sleep just a bit easier if it is indeed the way things shake out.

I am looking forward to the others institutions disclosing their positions to the public very soon.

My apologies if I confused you at all. It is late and I am off to bed.

-faz







"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine." - John Galt