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spec machine

04/09/09 11:45 AM

#88383 RE: valleyboi0 #88382

I'll post the info and let the calculations and assumptions to each person
The PP- CHANNELVIEW, Texas, June 5 /PRNewswire-FirstCall/ -- Deep Down, Inc. (OTC Bulletin Board: DPDW) announced today that it has closed a $40 million private placement of common stock to institutional and accredited investors. Deep Down sold 57,142,857 shares of its Common Stock at a price of $0.70 per share.

today's info just posted (float - 49,130,625)

a reference point of April 08 the float was 25M

another reference point (after the PP but previous to any unlock)- http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30240102&txt2find=ta

Share Structure 6-24-08
Just called the TA. All seems the same. Numbers Below
Authorized - 490 M
Outstanding - 174,703,162
Restricted - 145,880,449
Float - 28,822,713

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jk21

04/09/09 12:06 PM

#88389 RE: valleyboi0 #88382

Valley, I put this data together a few months ago. Could use an update if anyone wants to put in the effort. Maybe I'll have time tomorrow, maybe not.

#msg-35221015