Replies to post #75744 on Koil Energy Solutions Inc. (KLNG)

[xZx]

the S-1 is a registration statement for the shares in the private placement so they can become free trading on 9/4/08 (some of us think it could happen on 9/3).....

http://www.sec.gov/Archives/edgar/data/1110607/000101968708003131/deepdown_s1.htm

any talk about an uplisting is hypothetical. it has always been management's plan to leave the OTCBB and go to the amex or another big board exchange.

these two events are totally separate, and chances are it will be a while before we uplist. a price threshold of $2 or $3 must be met, from what i gather.

hope this clears things up for you.

[davidam]

The S1 is the reason the stock is getting hammered IMO. The ones getting this large amount of shares have many options avaialble to them besides selling. they can short too. They can take total control of this stock for a good while. How they go about business nobody knows for sure but the sinking share price has not been a good sign

[JoeSmith]

GUGD here is the latest word from IR pertaining to part of your question.

Q.
Has uplisting yet been given serious consideration?

A.
"There has not been any public statement from the company regarding up listing. But, generally speaking, this is the goal of most public corporations."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31545077



My posts are my opinions. Always dd to your own comfort level.