Koil Energy Solutions Inc. (KLNG)

[fazoolius]

I noticed too that Flotation Tech was not included in the report. A little bit surprising if you ask me.

However, from the July 21st Report, they do a review of the acquisition:

Recent Developments

In May, DPDW announced that Flotation Technologies, Inc., a world leader in the engineering, design, and manufacturing of deepwater buoyancy and polyurethane elastomer systems, received a contract award for a unique, custom-designed riser buoyancy solution from an international energy company. The $5.5 million contract is expected to be delivered in the third and fourth quarters of 2008. The client and product are confidential due to the nature of the project. On April 17, Deep Down announced a definitive agreement to purchase
all of the outstanding capital stock of Flotation Technologies, Inc.

http://fazoolius.fileave.com/DPDW_SP_Report_July_21st_2008.pdf

-faz