Wednesday, December 19, 2018 3:49:13 PM
surely you jest
Profit isn't in Deep Down's business plan, it never was.
That became abundantly clear with the petting zoo transactions.
I had better things to do than listen to the conference call but I'm betting it was more of the same as all the rest.
"Hey deep downers!! gosh, we didn't make any money but I'm all giggly excited about some stuff that's maybe gonna happen in the next few quarters, it could be really big"
He's way past the opportunity deadline to turn the company around and I'm sure that's part of the reason Butler bailed out and cashed out.
The company is running on fumes and they have no chance of getting credit anywhere to cover cash needed to take on any medium or large jobs. Not even a one in a million chance they could sell the business, heck they can't even sell a carousel to save their ass.
The path is clear from here, glideslope to zero and pink slips for the crew.
Shareholders get a lump of coal
spec
Recent KLNG News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/06/2024 08:05:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:05:14 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM