News Focus
News Focus
Followers 64
Posts 6447
Boards Moderated 1
Alias Born 02/09/2007

Re: odinpinetree post# 80529

Sunday, 10/19/2008 9:46:44 PM

Sunday, October 19, 2008 9:46:44 PM

Post# of 107353
Once again you guys pull up some good DD.

A couple of notes on the expansion of FT.

The acquisition of FT by DDI was announced April 18

- only 6 weeks later (June 4) the expansion plan was presented to the planning board in "concept" phase

- 1 week after that (June 9) the PIPE and closing on the acquisition was done

- 3 weeks after that (July 2) the planning board approves the plan which now has all related permits and filings accepted

That is a very impressive time line. I call that execution on the roll-up plan.

one side tidbit from a phone conversation with Steve Haag a few days ago - "DDI north" is what they call "the machine shop" and it seemed to me that the satellite operation was just a small additional shop facility to the main shop, nothing more, nothing less. Steve said it had been part of the overall operation since before he was brought on as IR.


It seems a bit rough lately.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KLNG News