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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 > Time Marches On
View:
Post by onewkn on Feb 20, 2023 4:44pm

Time Marches On

Since my last post, there has been nothing but silence from management.  Here are a few tidbits to ponder.  1) Last year we nearly booted out several board members including Bond because of poor performance on behalf of shareholders.  It is time to start beating the drums having paid Bond, Andrukaitis and Lee over $1,000,000 EACH over the last 5 years!  All the shareholders got from this is a loss of 80% of the share price.  2) They just lost one of their up-and-coming salespeople to another rail equipment supplier. 3) There is absolutely no evidence of leadership from the Board.  It is time to boot them!  We deserve better!   4) The financials for 4Q and the year are due at the end of March.  Any bets on how big the loss is for 4Q? 5) Management is betting no one is watching the company so they can get away with dismal performance and get paid for it.  Hopefully, enough shareholders care so they are voted out in June.
Comment by btds on Feb 27, 2023 2:24pm
My educated guess, again, is the Year End Financials will show a LOSS. The core Rail portion will be Profitable with slowly increasing sales, BUT cash is being diverted to the 'Offroad Gizmo' which has absolutely no future except to fund friends. Of course you'll have to dig deaply into the results as this group of Incompetents will not split out the results to show what is actually ...more  
Comment by diamondlessnono on Feb 28, 2023 12:11pm
I think u r wrong. Going over a dollar soon.
Comment by btds on Feb 28, 2023 1:57pm
Actually, that would be great....
Comment by JayBanks on Feb 28, 2023 2:07pm
I need .675 to break even, but my sale order is in at .85... Looks like they are lifting off for a bounce up... I'm not expecting much from financials myself, but I just throw a couple thousand in once in a while and sit and wait for these irrational pops, unfortunately I got stuck in on a fall and I knew I shoulda doubled down or more but couldn't talk myself into gambling... Those ...more  
Comment by fdxflyboy on Feb 28, 2023 7:56pm
You're pretty harsh Jay Banks.  Nobody is crying or worrying about management.  All that have or had money here know they are worthless.  The crying shame of it all dates back more than a decade. They had THE product and have mismanaged the entire thing, poured shareholder money into worthless endeavors and wrote themselves millions in warrants and options while allowing other ...more  
Comment by JayBanks on Mar 01, 2023 12:30am
These let's get rid of management posts have been going on for like 2 years with continued failure. We know the company is going no where, the fact these people are still shareholders and not cutting thier losses and going elsewhere, but rather crying on here gives nothing to respect on my side. They can identity the issue, but not solve it on thier side. Please, buy my shares, 85 cents, you ...more  
Comment by fdxflyboy on Mar 01, 2023 8:58am
JB...you paint yourself a fool with your own words. You are what's wrong with the markets, especially the Canadian ones.  You pan for gold amongst the penny stock garbage and rather than exit your position after your panning fails, you place an .85 sell order in.  You're irrelevant in an investing world and gamble with fabricated stories, pipe dreams, manipulated trash and ...more  
Comment by JayBanks on Mar 01, 2023 6:11pm
LOL Who is panning for gold on this name? I've made it very clear for a few years on the reality this is a gamblers stock (to just ride the waves if you have the heart), not an investment. I've been in and out several times for decent short term profits and very honest about it, almost always missing bottoms and tops, but yet somehow generating small wins from it as a tiny 'play ...more  
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