Digital Descriptor Systems, Inc. (fka DDSI)

[glenmorangie2]

Thnaks usmabmass - atleast someone is managing to get some communication going with the company.

Unfortunately I believe that a reverse split with this company will be to the detriment of current shareholders.

If they reverse it looks odds on the CD holders will get another crack at selling additional stock into the market to payoff interst payments and major dilution will take place again thus reducing current shareholders positions to next to nothing. I have been there before with many pinkies.

With regards to AWYB which I owned prior to the Reverse split, it still has not returned to what it should have been post split i.e old price .0001 with 10,000/1 R/S should have given PPs of $1.00.(currently trading at 0.37). If you watch the MMs the first day after a reverse they manipulate the PPs down very hard on very little volume. This stock never seen $1 on first day of trading post split.

If you commincate with Mr Pellegrino again could you please ask him if there is any possibility of traditional financing to replace the current debt structure. Its the only way I can see no more dillutuion in this company, either that or a major contract win that generates big profits and allows payments against debts to the CD holders.


GM