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fazoolius

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fazoolius

Re: Pennyfool post# 42022

Tuesday, 12/18/2007 12:27:10 PM

Tuesday, December 18, 2007 12:27:10 PM

Post# of 107353
Nice!

"We are very pleased to have signed the acquisition agreement with Mako, and believe this non-dilutive transaction is extremely beneficial for Deep Down and our shareholders as we continue to add products and services to our portfolio of capabilities," commented Ron E. Smith, Deep Down's President and CEO. "We believe we can significantly enhance Mako's current annual revenue base of approximately $6.8 million by expanding the equipment rental pool and ROV fleet."

Love it!



"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine." - John Galt

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