Replies to post #86081 on Koil Energy Solutions Inc. (KLNG)

[apostrophe]

re: "the SEC is in the commenting process, and once the SEC has no further comments, it will be come effective"

What would be an example of a SEC "comment"?

[sandvet]

Concerning Steve:

Here is the chart from Steve's previous IR job at VirTra systems. Notice a pattern? (40 cents to sub penny in no time, with big gulps of dilution all the way down) If you go on the Virtra Systems website and look at the old press releases, you see the same happy talk, all while the PPS plunged (it's never recovered).

While he may be a great guy and sends everyone hats and t-shirts, take his "happy talk" with a grain of salt. To those of you with "special access" to Steve, ask him to release the facts concerning the Private placement.

Sand

http://www.marketwatch.com/tools/quotes/intchart.asp?symb=VTSI&time=12&freq=1&comp=&compidx=aaaaa~0&compind=&uf=0&ma=&maval=&lf=1&lf2=&lf3=&type=2&size=1&txtstyle=&style=&submitted=true&intflavor=basic&origurl=%2Ftools%2Fquotes%2Fintchart.asp

[mauiguy2]

Steve Haag wrote:

"Yes, the PIPE paperwork was filed with the SEC awhile back, the SEC is in the commenting process, and once the SEC has no further comments, it will be come effective. Management has indicated they will announce when they receive no further comments."

This statement seems extraordinarily vague. How long is "when they receive no further comments"? Does the SEC issue an official document or do they simply make no "further comments" while DDI continues to wait?

By the way, Steve's "awhile back" comment is now in its 10th month. I really hope that DDI isn't waiting for "further comments" indefinitely without assuming a pro-active role.