Koil Energy Solutions Inc. (KLNG)

[Prime39]

I agree, there is nothing wrong with posting about the bancruptcy of the boat company.

It was purchased by the Chairman, CEO and CFO of DPDW at the time and it took less that a year for these 3 people to run it into the ground.

That is very similar to the continued LOSSES at DPDW every quarter.

The fact that they each (total & severably) owe the bank over $7mm is a huge problem, because of the personal guarantees they had to sign with their lender, just like the personal guarantees they had to sign with the DPDW bank, Whitney. Just hope they do not have to file personal bancrupty to get away from the Ship & Sail liens, because it would affect their ability to borrow at Whitney - IMO.