Replies to post #107209 on Koil Energy Solutions Inc. (KLNG)

[Trueheart]

The problems with Deep Down are rife. Management has paid itself excessively over the years, even at times when the company made horrible business decisions and lost great amounts of money. Ron and the Boys enjoy absolute control of the company and have disregarded shareholders' concerns.

There are a great number of companies in the O&G sector that are transparent, pay dividends, have histories of growth and are responsible to their shareholders.

Invest your money elsewhere.

Trueheart

[Trueheart]

Thank you, Toddmo. I wish you the best in return.

I'm glad to hear that you made your money back and then some.

Flotation was the thing they went after, only they didn't know what they were buying, didn't know that the company's products were not primarily O&G related and didn't know how to integrate a company that was a thousand miles away. Ultimately it was snatched away from them; surprised them all to hell that the wolf that helped them acquire the company had other plans.

Amateur hour management.

Trueheart