i sent steve haag an email regarding the comments from the sec and what his take on the situation was to date, this is his reply--
I am unable to relay specific comments. However, in my experience with registration statements, each is a unique document, and the economic zeitgeist of the particular time it is being reviewed can play a big role in the type, and number of SEC comments. The bottom line is, even with corporations' highly experienced accountants and securities attorneys, the SEC can still come up with comments that were unforeseen - and I could not even give you an average time frame - again, each document is different. The whole process is designed to make the sale and purchase of the securities fair, transparent, and with as much detail as the SEC feels investors require. So, it is a shareholder friendly process in that respect. In this instance, I believe the amount of time is "normal."
although it has become somewhat frustrating for some of us as we would all like to see how our new float works with the addition of the 35 accredited investors from the recent private placement of over 57 million shares valued at 40 million dollars which in turn gave us flotation technologies, paid prospect and left us debt free--along with a nice chunk of cash on hand as well, it seems that what is taking place in regards to the sec is common and within the realm of normalcy.
i know that does not change the fact that we are more than ready to roll but it seems it's more of a waiting mans game and imo the ones smart enough to take advantage of the discounted shares before the storm comes rolling in will be the ones to prosper as dpdw continues to put their house in order!(JMHO)
GO DPDW GO
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