Kelso Technologies Inc T.KLS

Alternate Symbol(s): KIQSF

Industrials

Kelso Technologies Inc. is a Canada-based diverse product engineering company. The Company is specialized in the creation, production, sales and distribution of proprietary products used in rail and automotive transportation. The Company designs, engineers, markets, produces and distributes various proprietary pressure relief valves and manway securement systems. It is a developer and reliable 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. 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, and other specialty valves, parts, equipment, services, and others.

TSX:KLS - Post by User

Kelso Technologies Inc

Bullboard Posts

Comment by Seadooxp1on Apr 16, 2015 3:53pm

101 Views

Post# 23637829

RE:RE:RE:I think mgmt sold shares for tax purposes

I don't understand the math for a number of reasons:

Numbers are just from memory but you get the gist.

530k options @ .24 is only $130k. Selling at $5 plus 25% for tax holdback would only be around 33,000 shares.

If a block at 100k and 200k was sold @ $5 = $1.25 Million. How much tax needs to be paid by management?

Bullboard Posts

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