Replies to post #54956 on Koil Energy Solutions Inc. (KLNG)

[JoeSmith]

Feb 29, 2008 (Vickers Stock Research via COMTEX) -- Document Processing Date: February 28, 2008


Stock Name: Deep Down Inc Stock CUSIP: 24372A107


Filer: SMITH, RONALD ERIC Position: Chief Executive Officer


Stock Symbol: DPDW Exchange: OTC Stock Type: COM


Transaction period: February 14, 2008 Trade amount: 350000 shares Trade type: Acquisition (Non Open Market) Trade price range: $.420


Shares still held: 19564000 shares Own Type: Direct

[SageWise]

brikk - I could be wrong. I was also comparing the spreadsheet that one of our fellow posters (my apologies, I forget their name) created with a lot of work. Looking at that spreadsheet and the amount of shares in the filings, the 350K shares have been added to each officer's total holdings. BTW, I just noticed Joe's post as well from Vicker's. IMO, assuming that the open market purchase is correct, it speaks volumes for the confidence Management is expressing in their stock - even more so than granting options. They're putting their money where there mouth is aka walking the walk IMO.