DPDW Board, Week ending 5-24-08 News & Views. Deep Down Inc.
News Deep Down Announces Record First Quarter Results#msg-29398372 " Deep Down generated revenue of $6,279,465 for the three months ended March 31, 2008, compared to $2,098,394 for the three months ended March 31, 2007, an increase of $4,181,071 or 199%. Increased activity from Deep Down's offshore subsea business, including service activity related to installation and recoveries of subsea equipment, the delivery of launch and recovery systems, loose tube steel flying leads, winch system refurbishments, and an active heave compensated in-line winch system accounted for $4,293,820 of this revenue, an increase of $2,195,426, or 105% over the same prior year period. The Mako Technologies and ElectroWave USA acquisitions accounted for $1,985,645 of this revenue, an increase of 94% over the same prior year period."
May 23 08 Deep Down Receives $9.0 Million Order for Buoyancy#msg-29538894
E-mails from IR #msg-29547338 "Enjoy your BBQ this weekend as Deep Down's story is just beginning to unfold. "
" Lots of other companies' management teams failed this test--they took they quick profit and ran. DPDW's team knows they have the right engine in place to make something very special." #msg-29388542