Cal Dive International Inc (CDVIQ)

[c-dive]

The Midnight Star is in Great Shape! Cal Dive had recently just prior to their bankruptcy put a New and Very Big Sat System on the Midnight Star and did maintenance that made her look like a brand new vessel.

I work for a company called C-Dive and Cal Dive hired us to work the last job that the Midnight Star did in July of 2015 before they sold her because they did not have enough personnel available at the time to do the job. It was a high priority job because there was a gas leak on surface and the only way to stop it so that topside could make the repair was to turn a valve 400 and something feet underwater and Cal Dive had installed that very valve.

I was very impressed with the sat system, the vessel, and how safely the work was performed. My company has since bought a lot of the Cal Dive equipment at auction and "most" of the equipment has been in great shape. The Cal Dive hot water heaters have been by far better than any other hot water heaters I have worked with.

Just saying, I think Cal Dive could be great again if all the right circumstances fell into place which I hope they do and also somehow the common shares survive.