Koil Energy Solutions Inc. (KLNG)

[jdsgungho]

the conversion keeps them from having to purchase additional preffered shares each year which also increases equity and if the company were to go belly up then they would not have a gaurenteed payday by converting prefered to common. preffered shares are paid FIRST. so by taking common shares they have no preference and are in the same boat as you and i with each share being worth the current pps, whats not to get?

management also recently made a deal where they would each have the option to buy up to a million shares each, options that would not even be in the money until the 1.50 strike price.

in my opinion they have taken many steps forward in signaling their confidence in the growth of this company and with management holding somewhere around 70 million shares and not having sold one share also speaks volumes .

i personally have spoken with ron smith and can tell you those shares are going nowhere as his belief in this company is above and beyond and that includes the rest of management as well.

we have one of the strongest management teams around and each one of them is 110% committed in making this company a success, without taking the current share price into effect they have done everything possible to take this company to the top and it's in my opinion that over time their goals will be accomplished as they continue to strategically grow this company as they have done so already(JMHO)