Koil Energy Solutions Inc. (KLNG)

[Drugdoctor]

re"Cargo, you are absolutely right about this company being a POS to shareholders"

I'm glad some of you finally recognize this... From todays LOSSES report...

In the second quarter of 2010, our projects were composed primarily of high margin rental and service work. However, in the second quarter of 2011, our project composition was focused more heavily on product fabrication projects. While one of our projects enjoyed a very high gross profit margin, our other major fabrication project's gross profit margin was marginal.

LMAO, in other words... Our gross margins dropped and we reported losses again, as usual, because we took all the potential profits as salary and reported them as expenses!

Next quarter??? Same ole story folks.