Replies to post #73290 on Koil Energy Solutions Inc. (KLNG)

[palacian]

brikk i think prospect had a bad attitude toward dpdw
when the note was paid off.

"If Prospect were to exercise the warrant and sell those shares at the June 6, 2008, $1.20 per share closing stock price of Deep Down, representing an in-the-money value of approximately $3.5 million, Prospect would have a total cash-on-cash internal rate of return ("IRR") of approximately 83%, representing a 1.4 times cash-on-cash multiple.

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=dpdw

sounds pretty chapped arse to me.

btw see post 70030.