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Re: sagedono post# 76300

Monday, 08/25/2008 2:51:06 PM

Monday, August 25, 2008 2:51:06 PM

Post# of 107353
I like that they included some new wording on forward-looking strategy in the PR

"The hiring of Mr. Merrill is a very important milestone for Deep Down in its plans to develop a significant presence in the market for ROV services in offshore and deepwater applications, one of three primary targeted areas of growth for the company. The other two primary areas of focus are drilling riser buoyancy through its wholly-owned subsidiary, Flotation Technologies and umbilicals and steel flying leads through its wholly-owned subsidiary Deep Down," said Robert E. Chamberlain, Jr., Deep Down's Chairman and CAO.


It seems a bit rough lately.


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