sometimes there is more than meets the eye and below i have posted many screen shots of different truckloads going out, although i believe dahlman rose is for whatever reason setting the bar kind of high especially given the fact that its in their best intrest as well as ours for dpdw to beat projections .
but in all fairness i believe we have a very good shot at meeting expectations and if we even come close that still puts us very close to all of last years revenues in just 2 quarters!
here is a list of some of the activity in 2nd quarter, if ddi,mako and ew can do 9 million and flotec 4 million and if im correct we would also gain revenue on the sale of shares from the private placement of 2.6 million as well(JMHO)
in the meantime we have bought flotec and added 23 million plus in future revenue and have also paid for mako (part in the second quarter) and have become virtually debt free by paying off prospect.
whether we beat dahlmans estimates or not i believe the growth we have experienced is amazing and i more look forward to the coming year (3rd,4th of 08 and,1st and second of 09) than any other period . i believe these next 4 coming quarters will act as the biggest catalyst of all in the coming growth of dpdw.
either way i am more than happy to be accumalting shares at these levels as i look forward to an extremely bright future with the continuous growth of this company(JMHO)
Deep Down’s engineering team can provide project engineering, installation and pull-in engineering, project management, installation management, and commissioning services. We pride ourself on collaborating with engineers from the installation contractors and manufacturing side of the industry to find the most effective solutions to address installation problems in the subsea world. We also provide installation, retrieval, storage and management services in connection with the use of our products. Approximately 60% of our revenue is derived from services.
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