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.
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