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I've seen ABSOLUTELY NO DISCIPLINE in wasteful spending

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spec machine   Thursday, 04/19/18 11:27:39 AM
Re: Fred Kadiddlehopper post# 107233
Post # of 107286 
I've seen ABSOLUTELY NO DISCIPLINE in wasteful spending after they spent YEARS losing money while spending foolishly

LOL, they have been preaching cost reductions for several years now and Butler's departure is the only significant cut so far

Of course that cut in future payroll expense came at a great cost to shareholders in the short term with the golden parachute he had given to himself

Deep Down Inc has a huge black cloud of historical data hanging over them and it's all from their own doing

I think the only way they can pump this one up to issue a bunch of dilution is to give free fishing trips on DDI's spiffy new 32' triple engine boat

It sure is a beauty, I wish I had a half million or more to buy one myself

Maybe Collins IR can post a few pictures of it and explain how that is a necessary expense in DDI's business

afterall, it was purchased long after DDI claimed they were in "cut to a lean and mean" status

spec

A bonus puzzle for IR - How do you tell when Ron is lying?

- Foglifter -

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