Thursday, May 29, 2008 10:42:17 AM
I like that last part...
Conclusion
“We’re very much focused on building a successful company that will offer investment opportunities for generations to come.” Deep Down, Inc.’s Chairman and Chief Acquisitions Officer Robert E. Chamberlain Jr. is describing part of the Company’s initial mission. And in order to do that, the Company set out to become a leader in subsea services and product providers for offshore operations. Deep Down’s three subsidiaries range from bringing installation management and storage support to customers, to consultation services and rentals of vehicles and equipment. With a pipeline of products and services, a well-regarded management team and continued growth through various projects and acquisitions, Deep Down is poised to generate lucrative awards for all who are involved. “We think that we are a unique way to play the current trend toward exploration and production activities in ultra deep water as we search for oil and gas reserves,” said Chamberlain. “There is significant institutional interest in our story and year over year we experienced 120% revenue growth. We are profitable and we have a strong balance sheet, so I think we offer a very unique opportunity to those that are interested in the energy sector.”
My conclusion... Buy the crap out of it! Ya, Rufus said that first but it seems applicable.
Conclusion
“We’re very much focused on building a successful company that will offer investment opportunities for generations to come.” Deep Down, Inc.’s Chairman and Chief Acquisitions Officer Robert E. Chamberlain Jr. is describing part of the Company’s initial mission. And in order to do that, the Company set out to become a leader in subsea services and product providers for offshore operations. Deep Down’s three subsidiaries range from bringing installation management and storage support to customers, to consultation services and rentals of vehicles and equipment. With a pipeline of products and services, a well-regarded management team and continued growth through various projects and acquisitions, Deep Down is poised to generate lucrative awards for all who are involved. “We think that we are a unique way to play the current trend toward exploration and production activities in ultra deep water as we search for oil and gas reserves,” said Chamberlain. “There is significant institutional interest in our story and year over year we experienced 120% revenue growth. We are profitable and we have a strong balance sheet, so I think we offer a very unique opportunity to those that are interested in the energy sector.”
My conclusion... Buy the crap out of it! Ya, Rufus said that first but it seems applicable.
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