News Focus
News Focus
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J-RO

05/29/08 10:37 AM

#66165 RE: DOLLARLAND #66164

Outstanding feature for DPDW.

Sharp eye, Rhino :)

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The Shadow

05/29/08 10:42 AM

#66166 RE: DOLLARLAND #66164

I like that last part...

Conclusion

“We’re very much focused on building a successful company that will offer investment opportunities for generations to come.” Deep Down, Inc.’s Chairman and Chief Acquisitions Officer Robert E. Chamberlain Jr. is describing part of the Company’s initial mission. And in order to do that, the Company set out to become a leader in subsea services and product providers for offshore operations. Deep Down’s three subsidiaries range from bringing installation management and storage support to customers, to consultation services and rentals of vehicles and equipment. With a pipeline of products and services, a well-regarded management team and continued growth through various projects and acquisitions, Deep Down is poised to generate lucrative awards for all who are involved. “We think that we are a unique way to play the current trend toward exploration and production activities in ultra deep water as we search for oil and gas reserves,” said Chamberlain. “There is significant institutional interest in our story and year over year we experienced 120% revenue growth. We are profitable and we have a strong balance sheet, so I think we offer a very unique opportunity to those that are interested in the energy sector.”

My conclusion... Buy the crap out of it! Ya, Rufus said that first but it seems applicable.

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peewee

05/29/08 10:42 AM

#66167 RE: DOLLARLAND #66164

Corporate Summary
Deep Down, Inc., an installation engineering and management company, operates in the offshore segment of the energy industry. It engages in the design, manufacture, fabrication, sales, and service of subsea equipment, surface equipment, and offshore rig equipment for use in deepwater, harsh environment, and severe service applications. The Company’s products include flying lead installation; maintenance and termination systems; buoyancy and rigging systems; high and low pressure testing and monitoring systems; latch systems; lay chutes; rollers; tensioners; and offshore storage and space management systems. It also provides installation management, retrieval, engineering services, support services, and storage management
services for the subsea controls, umbilicals, and pipeline industries offshore. In addition, the company fabricates component parts, such as umbilicals, flowlines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems for subsea distribution systems; and assemblies that specialize in the development of offshore subsea fields and tie backs. It offers its services from the initial field conception phase, thru manufacturing, site integration testing, installation, topsides connections, and the final commissioning of a project. The Company was founded in 1997 and is based in Channelview, Texas.

The Company’s ElectroWave subsidiary offers products and services in the fields of electronic monitoring and control systems for the energy, military, and commercial business sectors. ElectroWave designs, manufactures, installs, and commissions integrated PLC and SCADA based instrumentation and control systems, including ballast control and monitoring, drilling instrumentation, vessel management systems, marine advisory systems, machinery plant control and monitoring systems, and closed circuit television systems.

The Company’s Mako subsidiary serves the growing offshore petroleum and marine industries with technical support services, and products vital to offshore petroleum production, through rentals of its remotely operated vehicles (ROV), topside and subsea equipment, and diving support systems used in diving operations, maintenance and repair operations, offshore construction, and environmental/marine surveys.
Reasons to Consider this Stock
Rapidly growing industry

Seasoned, experienced management team that has built billion dollar organizations

Subsea production capital expenditures expected to increase to $60 billion in next 5 years, with Deep Down vying for 2-3% of that market potential

Aggressive growth strategy to expand in rapidly growing deepwater offshore drilling and production industry

Expertise in new deepwater service and technology

Strong balance sheet

Rapidly growing revenue, income, and cashflow

Well definced acquisitions program

Vast client list includes: ExxonMobil, Chevron, Shell, BP, Texaco, etc.

Talented and experienced engineers, equipment operators, and consultants make up the Deep Down team and its managers











Conclusion
“We’re very much focused on building a successful company that will offer investment opportunities for generations to come.” Deep Down, Inc.’s Chairman and Chief Acquisitions Officer Robert E. Chamberlain Jr. is describing part of the Company’s initial mission. And in order to do that, the Company set out to become a leader in subsea services and product providers for offshore operations. Deep Down’s three subsidiaries range from bringing installation management and storage support to customers, to consultation services and rentals of vehicles and equipment. With a pipeline of products and services, a well-regarded management team and continued growth through various projects and acquisitions, Deep Down is poised to generate lucrative awards for all who are involved. “We think that we are a unique way to play the current trend toward exploration and production activities in ultra deep water as we search for oil and gas reserves,” said Chamberlain. “There is significant institutional interest in our story and year over year we experienced 120% revenue growth. We are profitable and we have a strong balance sheet, so I think we offer a very unique opportunity to those that are interested in the energy sector.”
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