Replies to post #86084 on Koil Energy Solutions Inc. (KLNG)

[10 bagger]

DPDW..

I don't really think that I have actually ever come out and have said that DPDW has done anything wrong or illegal.. I have pointed out that IMO the "CORE" business of DPDW has no economic value to shareholders and the fact they had to issue shares to pay it off twice proves the point.. I have also posted that IMO Flotation is worth much more than the PPS of DPDW.. If Flotation had not been found and bought,, DPDW would of had a difficult time rolling the 15.5% loans in this economy an possibly would be trading at sub-penny rices at present Inreality Flotation had so much value that DPDW because of it was able to pay for all it's past mistakes when it was included in the PP.... My main concern is that DPDW has hid behind the Quiet Period while knowing that normal business releases from the SEC are encouraged..

As to this becoming a personal attack againt Steve,, I think that is unwarrented as Steve is but the communication's arm of DPDW.. His ability to release info comes from the top of DPDW and why this has not been brought out remains somewhat hidden in the actual posts that some of us have made..

As to hiring a lawyer,, that IMO is useless as the amount off protection from the law a corporation provides it's officer's any money spent would never justify the end result.. All we are asking for is that DPDW communicate as in the E-Mail from Steve to another poster indicates..

hank
=============================================================
Sage-email below from Steve H, second paragraph.

Appreciate the e-mail with your well wishes.

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.

We are in a quite period, any company is during a registration statement - however, that does not precluded "business as usual" announcements - But, self-serving, promotional activity is prohibited.

Thanks for your continued support of DPDW.
Regards,

Steven M. Haag
vice-president of investor relations

[e-mail]

Deep Down, Inc.
15473 East Freeway
Houston, Texas 77530

Office: 281.862.2201
Fax: [phone]

www.deepdowninc.com

Subsea Service and Technology
Innovative Deepwater Solutions

[sandvet]

JDS,
Not attacking Steve personally at all. Just pointing out that he / the company hasn't answered the questions concerning the SEC concerns on the Private Placement (see my earlier post detailing the questions I asked, to which he didn't respond).

I realize that the company doesn't have to respond to anything I ask them (that would be awful presumptuous), but when he says that he is "perplexed" that we would even ask any hard questions, then that is a flag.

As to him only knowing what "upper management" tells him, that is ludicrous. As a Vice President, he IS upper management. All I want him to do is quit hiding under the bed and blaming it on the "Quiet period."

Many on this board have proclaimed Steve as the most transparent and refreshing IR guy in the universe. I'm simply pointing out that he is neither, and that his history with other companies also reveals similar fluff "news" releases with limited material facts.


Sand