Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Kelso Technologies Inc T.KLS

Alternate Symbol(s):  KIQSF

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... see more

TSX:KLS - Post Discussion

Kelso Technologies Inc > Another grim financial report!
View:
Post by onewkn on Apr 18, 2022 10:50am

Another grim financial report!

Now that financials are out (notice they did not send out the full report, only the summary).  Sales are off by 33% from last year and a whopping 64% from 2020.  Where is the impact of the truck products, the fuel management products??  Management is paying themselves well with fees up 12%, $163,000 paid to directors.  What did the stockholders get?  Falling share price, 15% share dilution, and another year of misguided spending on the suspension product.  Have you noticed we have another long delay on that product?  This has been going on since 2017 – 5 years - with no real end in sight.  It has been delayed repeatedly and delayed again until maybe late this year.  Don’t you think management is in over its head with this?   Clearly, they work for themselves and have no regard for shareholders.  Proxies are due out soon, send a message and vote them out!!
Comment by btds on Apr 20, 2022 3:32pm
Great comments which concerned shareholders MUST think about when voting this year's proxies. To take this one step further: regarding the off-road suspension system, there is no market! But, as stated above,they have spent 5 years, MILLIONS of shareholder dollars, continual delays chasing nothing while lining pockets of management, directors, and 'buddies' in Kelwona. Management ...more