Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Good afternoon! Sustaining .63 as the new level of support is HUGELY positive. Let's make sure we do not fall below our new support.
Enjoy the day...
Three
agree with you also brikk
Yes...that does seem like a strong possibility.
Good Morning All!!
I agree...chat-it-up management teams is never a good thing.
thanks brikk...just wanting to know whether any of us had been successful in reaching a live being other than the receptionist.
GN
Three
Has anyone had the opportunity to yet speak with managment? I've tried to call a few times but have not been successful in reaching anyone. I definately feel that this company has HUGE potential yet to realize. Just wondering if anyone else has had any luck.
TIA
Three
5:30pm....News Release on Deep Down
18-Jun-2007
Completion of Acquisition or Disposition of Assets
Item 2.01 Completion of Acquisition or Disposition of Assets
Deep Down, Inc. (OTCBB: DPDW) today announced audited financial results for ElectroWave USA, Inc., a Texas corporation, an electronic monitoring and control systems development company operating in the energy, military, and commercial business sectors, for the years ended December 31, 2005 and 2006. On April 2, 2007, Deep Down announced that it acquired substantially all of the assets of ElectroWave USA, Inc., a Texas corporation. Deep Down formed a wholly-owned subsidiary, ElectroWave USA, Inc., a Nevada Corporation, to complete the acquisition.
For the period ended December 31, 2005 and 2006, ElectroWave USA, Inc. a Texas corporation had revenues of $2,816,183 and $3,284,504, respectively. For the year ended December 31, 2006 income from operations increased $263,857 from $685 for the year ended December 31, 2005 to $264,542 for the year ended December 31, 2006. Net income increased $239,220 from a loss of $88,521 for the year ended December 31, 2005 to positive earnings of $150,699 for the year ended December 31, 2006.
ElectroWave offers products and services in the electronic monitoring and control system markets for the energy, military, and commercial industries. ElectroWave designs, manufactures, installs, and commissions integrated PLC and SCADA based instrumentation and control systems, including ballast control and monitoring, drilling instrumentation, vessel management systems, marine advisory systems, machinery plant control and monitoring systems, and closed circuit television systems. ElectroWave's customers include Transocean Offshore, Diamond Offshore, Marinette Marine Corporation, VT Halter, Atlantic Marine, New York City Department of Transportation, and others. ElectroWave's equipment is installed on some of the latest generation United States Coast Guard and United States Navy vessels. Current systems are in operation in the following areas:
United States Gulf of Mexico, the North Sea, Baku, Vietnam, Singapore, Nigeria, Equatorial Guinea, Cameroon, Angola, India, Egypt, the United Kingdom, Russia, Brazil, Australia, Indonesia, and the Middle East.
To break 800,000 volume would be a great accomplishment in and of itself. 800,000 coupled with a HOD close...even better.
Yes....63 does seem to be holding tight. The bids have lightened on the .60 level with some change up to .615 also. Good support = good sign.
Take care.
Three
We don't have any "fills" to yet accompish do we? I'm figuring everything's been filled thus far.
L-3 currently shows a test of the .61 level...I'd love to see us hold on to .63 and higher. Volume is really trailing off also. Hopefully investors will come back from lunch and get things moving again.
Appreciate your comments.
Three
"The capital and expertise provided by Amergence will allow us to accelerate the plans" ... What CAPITAL do we have?
Thanks brikk.
The trick will be to keep the daytraders out....this has too much upward potential to sellout for pennies...imho.
Good luck to all.
Three
spooky...you from the Houston area? Bought DPDW in the low .30's and picked some more up this a.m. Broker said they'd had other investors place DPDW orders last week.
GLTA
Three
Anyone know exactly what the float is....TIA.
Three
I guess more waiting then right.....
Any thoughts on when we can expect this company to rebound and see increase in pps? I've been sitting on dog shares now for 2 years...I sure hope they can get it together and make some revenue for this company and see shares appreciate instead of depreciate.
Three
Reality check...should we still expect this stock to start trading again at some point?
Simply worn out....
Three
Up 100% on shares used to average down on...overall now only down a .016 a share. Much much much better than before.
GLTA.
Three
Hello all....very nice day in deed....very nice day. Hopefully all those sells at the .0045 ask will decide against selling their shares and hold out for higher pps. Apologetically I do hope for another opportunity to p/u more shares trading range of the last 2-3 trading periods though. Good luck to everyone.
Enjoy your evenings!
3BB
Hey sting...imo...the selling may have been those in at .001 to .0021 who sold for some profit at the .005 - .006 range. It's hard to think that people holding losses of buys between .06-.08, would have been the sellers. I closed my rt trades screen out for the day so I can't really go back and tabulate how many shares actually sold out between the .005-.006. Me...I took this opportunity and averaged down by 200%. I hope I'm able to pull myself out the the deep black hole i'm in...lol. Nah...I'll hold a lot longer than a lowered breakeven point. Heck...if we get back to .01 -.04...that in itself would be a huge accomplishment for the company. I hope there is more LEGITIMATE good news released.
Thanks!!
Hi Sting....WOW...what a swing today! Didn't end on the high end like I'd hoped though.
Any thoughts on this weird trading activity?
Thanks.
Three
Hi Sting!
Great to hear from you too! It has been an extremely busy year but I have tried to monitor the ongoings of the company as best I could. I really like the new name "Amergence"...it's much more appealing. Hopefully, the company will find a new core direction in which the company can focus realistic energies and then we can all experience real gains in pps.
I'll catch up with you later...have some tired kids to tuck in...
Goodnight.
Three
Hello all! Haven't been around in a long long while. Still holding though. Does anyone dare to speculate on pps over the next 6-18 months. Will we EVER see penny land again?
Any thoughts?
Much thanks!!
3BB
...yes...apparently no hurry at all.
Best to ya~
No prob....any ideas on the future outlook for imki? My shares have been reverse split in to 167 shares with a 52wk high of $21...of which I never saw.
Did I blink and miss it or what?!?!
Thanks and good luck with the stock of you still own any shares.
3bb
What's going on with this company? The number in Dallas is not a working phone number...
Thanks to any information...
1bap...you've actually talked directly from someone with the DTC? How did they explain their participation with this whole mess?
Much Thanks.
3bb
Thanks again brikk...your insight and helpful links are greatly appreciated.
Has anyone actually contacteda and/or spoken with anyone from the DTC regarding this situation?
Excellent information...much much thanks. 3bb
Question....
Trying to do some good DD...does any one expect or anticipate an share dilution for any known or suspected dealings or situations?
Much Thanks.
Masta....Definately not very efficient. None of this really makes much sense at all. There's no "true and legitimate" checks and balances anywhere it seems.
Didn't Megas have some sort of scandal within his company prior to this event?
If that is accurate, then even an unsolicited order should not have been filled with a global lock.
Do you or anyone know how a broker is made aware of a global lock.
3 trading days...usually.
mastaflash...what do you mean by lock? The message you responded to was deleted. What are you saying will be "locked"? Thanks
Hey Kenco...any opinions on why Pino isn't getting sued?
thanks.
3BB
Seriously? Would the ensuing firm not make attempts to separate the intended ring of people tied to Pino and his crew from the rest of us who are penny stock speculative investors/traders who simply bought into another penny stock? Also why is Pino's name NO where to be seen on this suit as an individual who is ACTIVELY being sued and sought after for fraud and investment scam?
This just doesn't seem right to me!