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wweeaazz

08/24/07 10:54 PM

#19652 RE: xZx #19651

I'm going to paste the quote in the 10Q that really got my attention. Specifically the last sentence.


Eugene Butler, Deep Down's chief financial officer, added "Excluding ElectroWave revenue, our core business was still up over 100% with revenue of approximately $4,194,788 for the three months ended June 30, 2007, compared to $2,098,394 for the three months ended March 31, 2007. Our current backlog alone exceeds last year's revenue, and we expect continued growth from ElectroWave going forward."