Friday, November 16, 2007 8:40:20 PM
mbmurray, some answers to your questions:
1) yes, management's goal from day one of the reverse merger has been to uplist DPDW to a major exchange and at this point it's very much a part of their business plan. just imagine how someone like gene butler, who built weatherford int'l to be an international powerhouse, fits into the equation. robert chamberlain also has the wall street background required to pull this off, and i'm sure we'll see ron smith's face on CNBC one of these days too. imo he's going to be a very knowledgeable and captivating front man, as DPDW transitions into a blue chip company.
2) revenues for mako were 6.46M in 2006 and i'm pretty sure they've had a nice YoY increase in 2007, based on the growth in this industry and the trend towards equipment rentals in subsea. i'd rather not guess at this stage what their latest number are, as i'm sure we'll be finding out the actual figures soon enough.
suffices to say that whatever mako's 2007 revenues are, DPDW is going to be able to boost them substantially in 2008. it's all about the inventory. if anyone has been reading along in the filings lately it's no secret they've been spending money building out equipment that will be tailor-made for mako. they'll be able to transform the top line quickly and use the high EBITDA mako provides to fatten up the bottom line for the entire business.
this is why i've often said anyone who thinks mako is already factored into the share price will be in for a pleasant surprise. i don't hear a lot of discussion on this board about the true potential of the mako/deep down synergy. jmho.
1) yes, management's goal from day one of the reverse merger has been to uplist DPDW to a major exchange and at this point it's very much a part of their business plan. just imagine how someone like gene butler, who built weatherford int'l to be an international powerhouse, fits into the equation. robert chamberlain also has the wall street background required to pull this off, and i'm sure we'll see ron smith's face on CNBC one of these days too. imo he's going to be a very knowledgeable and captivating front man, as DPDW transitions into a blue chip company.
2) revenues for mako were 6.46M in 2006 and i'm pretty sure they've had a nice YoY increase in 2007, based on the growth in this industry and the trend towards equipment rentals in subsea. i'd rather not guess at this stage what their latest number are, as i'm sure we'll be finding out the actual figures soon enough.
suffices to say that whatever mako's 2007 revenues are, DPDW is going to be able to boost them substantially in 2008. it's all about the inventory. if anyone has been reading along in the filings lately it's no secret they've been spending money building out equipment that will be tailor-made for mako. they'll be able to transform the top line quickly and use the high EBITDA mako provides to fatten up the bottom line for the entire business.
this is why i've often said anyone who thinks mako is already factored into the share price will be in for a pleasant surprise. i don't hear a lot of discussion on this board about the true potential of the mako/deep down synergy. jmho.
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