Replies to post #69438 on Koil Energy Solutions Inc. (KLNG)

[Fred Kadiddlehopper]

That's right, JoeSmith, if you trust this management group to handle the preferreds as intended - i.e. as a poison pill - then
no worries. Today I expressed my opinion by picking up a bunch more shares at a buck a piece.
Good luck!
-Fritz

[piotrek314]

Pain is good, no pain no gain, pain is a part of stock market.

[J-RO]

Just called the TA, and the share structure is the same as posted on the iBox.

[Trueheart]

I believe that's right, Joe. By creating the super preferred stock it prevents shareholders like you and me from aiding the acquiring company in its fight to gain control.

It effectively negates shareholder say in a hostile takeover attempt.

AIMMHO.

Trueheart