Like I said, investors in DDCC have yet to benefit a single bit form their so called involvement in oilfield services. From what I have seen, this company will never do anything but plan and talk about their plan. They have yet to sell anything or generate one single dollar from operations.
Email responses are vague and non committal, with only multiple high value projects in development. Perpetual development I might add. I will not be a bit surprised to see this company go completely bankrupt.
We all know that oilfield services is profitable. We all know that it is not easy to break into. We all know that DDCC has had more than enough time to at least generate something for their efforts. Nothing whatsoever has been generated. No progress of any kind has been made. I am truly amazed at the amount of optimism that is still present on this board. Look at the truth for what it is. DDCC, so far at least, has done nothing whatsoever to benefit investors and until proven otherwise, it can only be assumed that every so called "project" that is under development is a complete failure. Why else would it take 6 months to report on a barite test? We have some pictures of a Translock, but no leases have been signed or revenue generated. Still in development too I guess. Like it has been for the last 18 months or so. It cannot possibly take that long to produce at least a few units and get them leased.
I hope that DDCC finds some success soon, but frankly I think it is a lost cause.
