Replies to post #98785 on Koil Energy Solutions Inc. (KLNG)

[10 bagger]

In Reply to 'Prime39' on 'Deep Down, Inc. (DPDW)'

"Chamberlain such a huge severance package and let him keep 26 million DPDW shares since he was the person who overpaid for Mako and Flotation? Maybe they did it because they were all stuck in the "boat deal" - AIMO. "

It would of been difficult to Cxl. his shares.. Unless when as a founder he had commited a fraud to get them,, how could anyone make him give them back..??? As for the Boat deal,, Edgewater Florida has seen thier Boating Industry go from over 1300 employees to less than 100 at the low and now back to just under 200.. The builders include,, Boston Whaler,, Everglades,, Edgewater and Mystic River Boatworks.. Also there were 15 Surf Board shops in the area and now there are 2.. Just down the road Sea Ray has shut down an 8 Million Dollar plant that never got it's doors open along with the other facility employing 600 workers.. So even though they are all in the boat business together,, the reason for its demise had little to do with thier ownership.. Boating sales were off a wopping 65% at the low and still are off more than 50% from the high levels of just 4 years ago.. The blame was free money from Congress and not the builders or resellers.. Today only one company offers floor planning for larger builders and that is GE Capitol..

As to deletions,, I only do duplicates on this board and the rest have been from ADMIN.. hank

[flyguy]

Interesting turn of events this board has taken, I can’t vouch for all of Prime 39 statements but I can add that the perception of the company in the public eye seems to line up with my experience as well. I was contracted to be a supplier for DPDW which only turned out to be a one time deal. When Ron refused to pay for goods I personally delivered, I had to involve a 3rd party. Funny you should mention the Mexican restaurant on Sheldon, that’s precisely the restauraunt they recommended the day I delivered their supplies. It’s also where they bragged about the private island they were planning to purchase in the Caribbean, LOL! Wonder if that ever went down...could explain the salary increases, lmao! Needless to say, this deal severed our friendship and I no longer have ties with Ron but I did hear that one of their tech guys was let go recently. Next time I deliver in Channelview I’ll do some digging and see if I can find out any details about what went down.