Thank you. Fair question, no secrets here...Yes I did. I've been in for 10 months. Started buying at .08 and stopped at .23.
I'm in here and one other stock because of a guy in Houston called the "Problem Solver". I met him in 2005 when he started his 9th turnaround. I was owed $40k by a local company that I did offshore deliveries for, and the CEO was a blowhard always promising payment, then their atty called and wanted to work out a deal to short pay me, "or else they would file bankruptcy".
One month later, the "PS" called me and asked to meet with me at my office. He looked me in the eye and said he would make the company profitable in 30 days and bring in new operating money. He asked if I would continue delivering for him for 30 days, then they would deliver a check every Friday morning for my old receivables. I said ok, I knew I wasn't going to get any money from them, so 4 Friday's later he called me and I picked up my first check. In three months I was current.
After 6 months, he had me over for lunch. There were owners of 7 local companies there when I arrived. He thanked us for sticking with him and wanted us to meet each other and start doing business with each other....we did.
The "PS" was always working, so a number of us would "arrive late in the day" and talk business with him. We all learned so much and one day he said he was taking DPDW public. We said what's that? Almost all of us started buying DPDW at .03. When "PS" got ill and resigned, we all sold our stock at over $2.00. It topped out at 2.35 and guess what, is now back to .06 excluding the reverse.
The reason I don't post is because a few years ago, I posted about this company, Deep Down, (DPDW) and was pooped on by some other posters, so I stopped.
A year ago, I caught up with "PS". I had to ask, where have you been....still looking at companies with great products needing money and new management. Anything interesting....I like the products at WNDM and VPLM, and the companies are a mess. EOM
