Koil Energy Solutions Inc. (KLNG)

[Prime39]

IMO - That is a very true and detailed report of your experience with DPDW and not too different than mine. I am sorry you lost so dam_ much money, like the old moderator, brick, I think.

I do not currently and will not hold any DPDW stock, and should also stop posting now, but first want you to know that I did own the stock and that IMO, this is where DPDW put it to the original investors.

Chamberlain gave a BIG DISCOUNT to the market price when he raised $40mm for 57mm shares (70 cents/share), not including the dilution of the money received by DPDW when they received less than $37mm after they paid Dahlman & other expenses to raise the money to payoff Mako and buy Flotation and IMO, overpay themselves for the work they had done.

IMO - besides the big fat salaries for 4 people in a company with only $40mm in revenue, this was the beginning of the end for DPDW.

Not only because they overpaid for the companies, but once they started running the companies, the two new companies lost money and have continued to LOSE money every quarter after buying them. Why else do you "really think" they started combining statements from all 4 of the companies?

I have no reason to think this at all, but my "feeling" is they come close to making money this quarter, why, because they have to so anything possible to post a profit if they are going to get financing, investor equity and keep the stock price above 5 cents.

Best of luck and goodbye for awhile.