Koil Energy Solutions Inc. (KLNG)

[5cap]

I'm a newcomer here, but I know that in the summer of 2008 they sold $40 million dollars of equity to have the money to "grow" the company. In growing the company, why not stay within the $40M budget, instead of investing in enough other stuff to the extent that their line of credit at a bank is used up (At the end of sept there was only $20k in the revolver). And then go out of compliance on three of the loan's covenants. IMO, that's not exactly "in control."