Wednesday, April 01, 2009 4:15:02 PM
I have been thinking about those one time charges and how nice those are to have behind us.
However..
Just so no one complains next year about a $2 million one time charge and how they were caught off guard by it, I will post this excerpt from a PR Dated Jan. 26 this year. Just a reminder, for the board's thoughtful consideration.
""Deep Down's primary opportunities are in the growing deepwater drilling and production services sector," commented Ronald E. Smith, Deep Down's president and chief executive officer. "To ensure our Company is prepared to meet demand, we have committed over $2 million to expand production and testing service capabilities. We have undertaken this expansion to advance Deep Down's strategy to become a leader within the deepwater buoyancy marketplace."
My posts are my opinions. Always dd to your own comfort level.
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