Replies to post #54836 on Koil Energy Solutions Inc. (KLNG)

[xZx]

mk, you nailed it. one of the primary benefits for us in getting to the amex will be the potential for many more institutional investors to come aboard. their charters currently prohibit a majority of these firms from buying OTCBB stocks, so just getting there will open the stock up to much greater liquidity.

i'd say DR and TB know this, too. many of us have previously mentioned uplisting as a key part of DPDW's strategy since they first went public, but now we're getting to the point where the groundwork has been laid, and things could really come together quickly.

a more focused retail base will also come with an amex listing. these are traders who will ultimately help push the stock around the chart, but what's most important imo about a more sophisticated retail component is there won't be so many flippers. most will know what they own, and will stick around to see deep down grow into a mature company. jmho.

[JoeSmith]

A couple other quotes from the article.

What’s one piece of advice you would give other smallcap companies who wish to achieve this feat?

Know that it is going to take longer, and cost more, than you might anticipate. Surround yourself with a highly capable team, both in-house and consultants, to help guide you through the process.

Who or what proved to be essential resources in the process?

We hired an extremely capable and experienced CFO along with an excellent legal team. You need an individual within the company who knows the financials in minute detail, who knows how they were built and knows how they were audited. That individual must ensure that all financial matters are in order all of the time.

What does an AMEX listing say about your Company vs. a Bulletin Board listing?

In short: you’ve arrived. It sends a strong signal to the financial community, customers and competitors that the Company is in a position to aggressively carve out a bigger market share, and has the resources to expand production and sales operations to reach that goal. It also helps set the stage for reaching the strategic goals you established for the Company at the very beginning.