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Kelso Technologies Inc T.KLS

Alternate Symbol(s):  KIQSF

Kelso Technologies Inc. is a Canada-based diverse product engineering company. The Company specializes in the development, production and distribution of service equipment used in transportation applications. The Company is a developer and supplier of rail tank car equipment used in the handling and containment of hazardous and non-hazardous commodities during transport. The Company offers specialized rail tank car and truck tanker equipment, no-spill fuel loading systems, first responder emergency response equipment, and road-to-no-road suspension systems for motor vehicles used in rugged wilderness terrains. The Company's rail and road transport equipment includes pressure relief valves, vacuum relief valves, bottom outlet valves, pressure car pressure relief valves, pressure car angle valves, top ball valves, one-bolt manways and related equipment, emergency response equipment for hazmat first responders, and other specialty valves, parts, equipment, and services.


TSX:KLS - Post by User

Bullboard Posts
Post by sportguy98on Apr 13, 2015 7:40pm
163 Views
Post# 23625386

RE:RE:RE:RE:$1 soon

RE:RE:RE:RE:$1 soon I could understand why some investors find the compensation plan abusive, however this thought is wrong IMO. The subject has already been well explained by Radman to you before (links: https://www.stockhouse.com/companies/bullboard/t.kls/kelso-technologies-inc?postid=23461016 and https://www.stockhouse.com/companies/bullboard/t.kls/kelso-technologies-inc?postid=23461734)

I won't reiterate what Radman has already said, but I will add on a few things. It's important to consider the historical context of the company when looking at the compensation structure. Few investors really understand what management has done for this company and if they did than they'd understand why the structure is what it is. In just 5 years, they managed to grow sales from a mere $200k to ~$24M which is a 120-fold increase all while maintaining phenomenal margins (20+% operating margin). It's no surprise that the stock price had a huge run as well, going from $0.10 to $4.81 which equates to a 48.1-fold increase. They did much more than just grow sales but I don't feel like listing everything they've accomplished. I think every investor should read 2010 and 2011 filings to become better acquainted with the history of the business. In short, I believe the compensation plan is fair for the time being given the risks (they invested their own capital) and effort of attempting to turn the company around.

The plan will have to change eventually and management is obviously aware of this. I'm thinking 2016 may be the right time for it to change.
Bullboard Posts