Koil Energy Solutions Inc. (KLNG)

[SageWise]

First "PR" in a while - thanks for posting it Darth Trader.

"The Company is now essentially debt free and has retired all
of its remaining preferred shares. Liquidity is strong with unrestricted cash
and equivalents of $4.1 million and a current ratio of 3.8. Our working capital
position is $10.8 million. Stockholders' equity has improved dramatically and is
now $52.9 million compared to $12.6 million on December 31, 2007. We remain
excited and optimistic about the prospects for continued revenue growth and a
return to profitability," commented Robert E. Chamberlain, Jr., Deep Down's
Chairman.