Replies to post #88902 on Koil Energy Solutions Inc. (KLNG)

[Recognizer]

thats why i became a chartist,never wanted to learn all that SEC mumbo jumbo

[jdsgungho]

I understand where you are coming from, FWIW I also thought that csykes post was dead on.

The one thing I want to say, is if your not reading and understanding every filing put out by any company your invested in, you need to sell your shares.

I have read thousands of posts on this board, along with thousands of questions where many individuals have no clue what is going on.

If you own any penny stock, you better know everything possible about that company inside and out,and not rely on some PR to set the record straight.

DPDW is a well rounded company, and in time, along with consistent performance they will do quite well.

I dont need a PR to tell me that, I just need patience.

[CSykes]

No, it does not take hours to read through an SEC filing. They have a table of contents and all SEC documents are broken down into specific sections provided by Regulation SK. Every Form 10, Every Form S-1, are all drafted in the same outline. Whether your looking for dilution tables, unregistered sales of equity or certain risks, there is a section for that you can go directly too without reading through all the other boiler plate items..

My point is, most "penny traders" that participate in forums do so because they have not learned how to get the information they are looking for in SEC filings. Just as you stated, it appears on the surface to be an overwhelming task.. it is not.

You do not need press releases to be an investor. A company like Deep Down doesn't provide IR to answer questions that can be found in an SEC filing. Company's like Deep Down hire IR to liaise with larger investors and work with broker dealers.

The companys do not work for the SEC they work gawd I hate to say this but they do work for us the investor...

In the eyes of a company like DPDW, or any large OTCBB company, retail is seldom viewed as an "investor", unless of course you have acquired a large percent of common. IR is there to take care of the folks who bring the big bucks and to work with broker dealers in private offerings like what was recently registered, not answer basic questions that could be found in public filings.

I hate to bust folks bubble, but the guy owning a few $1,000's worth of stock, who spend there day complaining about the IR and company transparency on a message board... those folks are not going to get much support out of the IR.

I've kept up with this board since I first visited the company when it first went public. I have done well trading this company since. I guess I got tired of reading the whining and complaining towards the company and I had to say something. It's just got annoying... the whole reason people are frustrated is because of the price... not transparency.