Koil Energy Solutions Inc. (KLNG)

[Trueheart]

Shark, I think that the price of crude has largely been irrelevant to the PPS of DDI as evidenced by the ride taken by DDI during the relatively strong and lengthly increase in the price of crude which DDI did not track, as you know.

However, I do believe that the very recent huge drop in the price of crude will affect all product and service providers shortly.

Thesis: Not as much money to spend on projects (throw around). A smaller pie means fewer dollars to buy products and services. And perhaps fewer areas to be explored and developed.

Deals that are currently in force may have to be renegotiated and new deals for products and services will be paid fewer dollars.

I think it stands to reason.

I also do not intend to imply that DDI will not grow. To the contrary, I think it will, especially its Flotec division for which I have always been a champion.

However, I think DDI will receive fewer dollars for its products and services and will every other provider simply because there are fewer dollars to go around.

AIMMHO.

Trueheart