Replies to post #75731 on Koil Energy Solutions Inc. (KLNG)

[xZx]

i think they will take all the time they are alloted to file the form effect. as i understand it, this is the SEC signing off on the registration statement as "effective" on the date it is posted.

[jk21]

jds, looks like 9/3, not 9/4

"Deep Down filed an S-1 Registration Statement on July 21, 2008. If the Registration Statement is not declared effective by September 3, 2008 (the “Required Effective Date”), then for each day following the Required Effective Date, until but excluding the date the Commission declares the Registration Statement effective, Deep Down shall be required to pay daily damages to the purchasers."

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6108738-31969-93119&type=sect&dcn=0001019687-08-003731
private placement section

they have every incentive to get it done or else they (we) have to pay penalties to the Selling Shareholders for every day they're late with it.


GLTA, "Ya Gotta Believe"......in Yourself......and Jose Reyes and David Wright of course.......Time for redemption Jose and now you got Johan to back you up....
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