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great action here so far.
look how tight the the share structure is, we are moving up quickly and this is very reminiscent of the last start
1.40 up on the board.
orders coming through here.
great chart aj, and great board you run there. i noticed that Acc/ Dis line as well. smart money is loving this, lets follow.
great to see that Acc/Dis line isnt it? still going strong, looks like the big fish are still accumulating, but using this small retrace to help the cause, those 500 share hits at the ask are not retail (neither are the 10,000 share orders).
certainly and it will have established a newer shareholder base, where the longs were able to add all along the retrace and thus making this a stronger "rinse" to push us to newer levels.
welcome iffyfifty, indeed your timing seems to be great.glad to have you aboard. please feel free to add to the discussion and ask any questions, the amount of DD on this board is unbelievable.
brikk great to see that this issue was put to rest. After I charted and reviewed each Quarterly yesterday, i realized it had to be some accounting issue with the lead time of a product or something of that nature, that resulted in the Q2 growth, but certainly saw the strong nature of Q3, and 12M for the last three quarters is just great news all together.
****scroll down for prorated monthly adjustment****
so the revenue section can be adjusted to give a clearer illustration of quarter to quarter growth
Q2- $4,544,788
Q3- $5,085,555
now that is a nice Q over Q growth
your right at first glance that profit does look good.
i am at work, will write more once i get home and a chance to read the 10Q.
thanks brikk, appreciate all the effort you put forth around here.
o and like i have been saying, i like the s in acquisitions.
or maybe we will have another two PR friday, Deep Down Inc. seems to like to release PR's on friday.
thanks from me also, brikk I am sending a gift basket you want in?
so far i have a ton of goodies in there: Investing for Dumbies, an erase, one of those big huge pencils, and even a wristwatch with a calculator. lol
Quarterly Comparison Chart
here I have take some of the figures from the PR's for the last quarters and have organized it in a chart to show the comparison in a more organized manner. I don't see a problem at all here and I see us on target. The last quarter was certainly fueled by the initial ElectroWave USA numbers and this quarter we had a higher cost to engineer and produce the products that will set us apart from the rest of the industry.
(scroll down for chart)
what is there not to like about a company that has already made $12M in the last 9 months? management is on the job and is doing a great job at that. can you imagine what the quarter and quarters will look like once the Mako deal is finalized and reporting? I like where management is taking us and that is much higher from here, it's going to be great comparing next years chart of the first couple of months of growth in the stock compared to 2007. Remember people the PR said acquistions not acquisition.
"we expect continued record setting internal growth to be complemented with strategic acquisitions, including Mako Technologies, Inc."
the discussion here tonight has been great and it is nice to see the perspective of the longs versus the flippers, I must say that i am long very very long here.
the growth presented in the quarter filing was right on target with what management has promised and more importantly, it gave us some insight as to what to expect from the coming months and years at Deep Down.
Management clearly states that their were costs associated with growing the business, and but at the same time they noted in the PR that:
"we expect continued record setting internal growth to be complemented with strategic acquisitions, including Mako Technologies, Inc."
that is acquisitions with an S at the end. so this brings us back to the initial sentiment of the longs on the board and that is that more acquisitions are in the pipeline and management has just confirmed this.
Also they have just confirmed that they will be setting "record" internal growth, which to me indicates that these costs in this quarterly filing were in a way necessary, but were not a clear representation of the growth they will provide in the following months and years.
I don't like to speculate on how Deep Down will trade tomorrow because to me, and many on here know this from their own experience, that Deep Down Inc. stock doesnt trade like a penny stock. Imagine this, those institutions that were and have been buying large blocks for months now, are looking at this quarterly and saying, "they are on target, and we like what we see." I don't doubt a few short-term minded traders will try to flip and may (as so many have) get burned in such an attempt, if for instance management was to release a PR stating that the Mako Tech deal is complete.
So trade as it may, i will use the opportunity, if so presented with it to add, if not, i have my shares.
remember also this chart:
i ask you to direct your attention to the two catalysts that we have seen here before and what they produced.
1.The completion of the Electrowave USA deal (relates directly to the completion of the Mako Tech deal, just that Mako is a much larger animal)
2. The run-up to the last quarterly and then a sell-off even with 145% growth combined and 100% growth from the core, only to lead to a massive adjustment (upward) by the market (once the big fish got in the orders). No run-up this time into quarter and in fact many of those weak hands got out monday and those who held are longs and institutions.
So if you have read this far, congrats to all the longs, we are on target.
wow this management team doesn't stop impressing us, I think we have the beginning of many more announcements here.
great numbers
its nice to see management having a plan for this company and getting things done at the moment is a very efficient manner. Their growth is evident and the quarte should show some nice Q over Q growth.
looking mighty strong here.
nice to see the bid building.
i see we have another PR to do some DD on, nice to see management moving this along so nicely.bring on the name and ticker change.
may i ask what is your intention here? if you are vested in Deep Down Inc. why don't you provide some solid information, this is not the Technical Analysis board.
you are making your agenda very evident here.
those 0.222 are really thin IMO, and this will be really moving into the close and rest of week, quarter is going to be coming out soon and management gave shareholders a vote of confidence today with some little insight as to what to expect.
"we couldn't have predicted the Company's current rate of growth"
"send a clear message to our shareholders that we intend to grow both the Company and shareholder value."
the message is clearrrr
0.23 uting, great show of strength here the market loves the news.
0.219 getting volume
the strength that is building here is great to see, many will be trying to get in tomorrow once the news spreads tonight.
i think the Quarter over Quarter growth is really going to show us the potential here.
like this part
we couldn't have predicted the Company's current rate of growth,' commented Timothy G. Byrd, Sr., Consolidated Medical Management's chief executive officer. 'Mr. Wooley and I believe the Company will benefit many times over from the warrant reduction, further accelerate our growth strategy, and send a clear message to our shareholders that we intend to grow both the Company and shareholder value.'
Great News for CMMI
CMMI Announces 18-million Share Warrant Reduction
Tuesday November 13, 1:53 pm ET
HOUSTON, Nov. 13 /PRNewswire-FirstCall/ -- Consolidated Medical Management, Inc. (OTC Bulletin Board: CMMI - News) today announced that two of its directors relinquished warrants entitling them to purchase up to 18,000,000 shares.
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Timothy G. Byrd, Sr., Consolidated Medical Management's chief executive officer and director, and G. C. "Sonny" Wooley, the Company's chairman, had each held common stock purchase warrants permitting them to purchase up to 12,000,000 shares each of CMMI common stock in lieu of compensation accrued during the Company's past non-operational period.
However, in a strong show of support for the Company's future, Mr. Byrd and Mr. Wooley each gave up 9,000,000 of the 12,000,000 shares they were authorized to purchase under the warrants. As a result, once the warrants are exercisable, the Company and its shareholders will realize an 18,000,000 share net reduction in the fully diluted share count.
"When we accepted the warrants earlier this year, we couldn't have predicted the Company's current rate of growth," commented Timothy G. Byrd, Sr., Consolidated Medical Management's chief executive officer. "Mr. Wooley and I believe the Company will benefit many times over from the warrant reduction, further accelerate our growth strategy, and send a clear message to our shareholders that we intend to grow both the Company and shareholder value."
About Consolidated Medical Management, Inc.
Consolidated Medical Management, Inc. (CMMI) is a wholesale fuel distributor and fuel terminal operator based in Houston, Texas. CMMI not only offers storage, delivery, and blending of petroleum products such as gasoline and diesel fuel, but also offers biodiesel to the growing "green" fuels market. Biodiesel is a clean burning, nontoxic, sulfur-free, and biodegradable alternative fuel for compression-ignition (diesel) engines made from animal fat or vegetable oil.
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. Consolidated Medical Management, Inc., urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission.
wow this is going to go much higher from these levels, time to hit the ask. management is on the job.
Great NEWS on CMMI
CMMI Announces 18-million Share Warrant Reduction
Tuesday November 13, 1:53 pm ET
HOUSTON, Nov. 13 /PRNewswire-FirstCall/ -- Consolidated Medical Management, Inc. (OTC Bulletin Board: CMMI - News) today announced that two of its directors relinquished warrants entitling them to purchase up to 18,000,000 shares.
ADVERTISEMENT
click here
Timothy G. Byrd, Sr., Consolidated Medical Management's chief executive officer and director, and G. C. "Sonny" Wooley, the Company's chairman, had each held common stock purchase warrants permitting them to purchase up to 12,000,000 shares each of CMMI common stock in lieu of compensation accrued during the Company's past non-operational period.
However, in a strong show of support for the Company's future, Mr. Byrd and Mr. Wooley each gave up 9,000,000 of the 12,000,000 shares they were authorized to purchase under the warrants. As a result, once the warrants are exercisable, the Company and its shareholders will realize an 18,000,000 share net reduction in the fully diluted share count.
"When we accepted the warrants earlier this year, we couldn't have predicted the Company's current rate of growth," commented Timothy G. Byrd, Sr., Consolidated Medical Management's chief executive officer. "Mr. Wooley and I believe the Company will benefit many times over from the warrant reduction, further accelerate our growth strategy, and send a clear message to our shareholders that we intend to grow both the Company and shareholder value."
About Consolidated Medical Management, Inc.
Consolidated Medical Management, Inc. (CMMI) is a wholesale fuel distributor and fuel terminal operator based in Houston, Texas. CMMI not only offers storage, delivery, and blending of petroleum products such as gasoline and diesel fuel, but also offers biodiesel to the growing "green" fuels market. Biodiesel is a clean burning, nontoxic, sulfur-free, and biodegradable alternative fuel for compression-ignition (diesel) engines made from animal fat or vegetable oil.
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. Consolidated Medical Management, Inc., urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission.
This is great NEWS and shows the confidence and focus that management has in creating shareholder value, absolutely excellent!!!!
wow huge orders are coming in here, looks like the big block trades are back, and i think we all know what that means.
mine are locked until much higher prices. :)
Let's not forget this:
Their is The International WorkBoat Show is the largest commercial marine tradeshow in North America serving people and businesses working on the coastal, inland and offshore waters. 1,000 exhibitors will display products and services for commercial vessels and the companies that build, service and operate them.
This year it will be held in New Orleans,LA on November 28 – 30, 2007.
Interestingly enough ElectrowaveUSA and Deep Down Inc. will be their in booth 121, which is one of the larger boothes.
see here:
http://www.directory.workboatshow.com/index.php5?t=hallplaniframe&id=71774&hallID=1204&tradeshowID=451&Action=showStaticpage&bmp=b943f435492aa2cc6db9469eca0fe76d
Some of the products they will be showing off are:
Deep Down Inc. (DDC) Launch & Retrieval Systems (Lars)
Drilling Instrumentation
Electrowave Machinery Plant Control & Monitoring Systems (MPCMS) / Vessel Management Systems
Ballast Control & Tank Level Indication Systems (BCS)
Engine Order Telegraph (EOT)
and surely their will be a mention or two about the Proteus(TM) :)
here are some other notable companies you may have heard of:
http://preview.ngn-global.com/div-wbs/index.php5?Action=home&bmp=b5d66b4c9c639d2eecf053e3130e5c24
are you saying that your DD only goes as far as the Ibox?
interesting concept, heres a thought maybe this stock isnt for you, do yourself a favor and look elsewhere, seems like your used to a different type of stock.
5 minute chart looking primed:
sma's crossed
macd positive
rsi just broke above 50 and gaining
strengthing here looking good into the close, and we still have 2:10 to trade.
1.91 on the board now