From Steve, enjoy everyone :)
XXXX:
Good to hear from you!
Yes, not only is the OS share count not much higher that one year ago, the company has more than doubled its revenues and even more telling, its EBITDA. I have not seen many company pull off a doubling in EBITDA while not increasing its OS share count.
First the ex-directors have a limited supply of stock. I can't predict their actions and have no control over their behavior.
With that said, it is still me firm belief that building a large company such as DPDW, with the immense growth in just one year bode well for all investors in the long run. Eventually the "Street" gets is right and most company will level off at a realistic level. Add to the company performance the real possibility of uplifting at some point and these prices become a buying opportunity for the stock savvy shareholders.
The company is sensitive to the fact that one former Insider has shares to sell, but they are still covered under rule 144 and they can only sell about 800,000 in any quarter.
The company's plan is, building a very large company through organic growth and merger and acquisition, perform investor relation activities such as continuing to meet with institutional investors, doing road shows, and providing me with 110% support of my investor relations activities to get the word out about DPDW to new audiences.
The company knows where it is headed in three to five years and is not governing its actions based on temporary fluctuations in the market at any given time. Essentially, they are building a stellar company, and the stock price, we firmly believe, WILL follow.
I look forward to reviewing the 10-K with our shareholders, as I think it is proof positive that the company is, and will continue to be, very successful, and that success will translate into shareholder value.
I look forward to hearing from you again.
Regards,
--Steve Haag
investor relations
Deep Down, Inc. (OTCBB: DPDW)
ir@deepdowninc.com
281-862-2201 (O)
281-862-2522 (F)
These are simply my personal comments, and should not be relied upon in your investment decisions. I strongly urge you to conduct your own due diligence with regard to any investment in Deep Down, Inc. I respectfully refer you to Deep Down's filings with the United States Securities and Exchange Commission.
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