Replies to post #61540 on Koil Energy Solutions Inc. (KLNG)

[chevdawg18]

Ok no problem LF, most definately come back and check this out in a year or two once we are firmly intrenched and you can view a long operating history.

no problem with that.

[mystic krewe]

yeah, i just don't think most banks are going to feel comfortable financing in this area. i think they've already grown past bank financing numbers anyway, unless they have an in with a huge one, like citi, chase, etc. not many other banks can loan $20+MM on short notice without real estate collateralization or similar. this is a different animal, with different rates, and it is likely to be short term, which also explains the rates.

[Banks]

Great! See you in a year or so.