Replies to post #327 on National Steel Corp. (fka NSTLQ)

[Jim Bishop]

That's right and the DOD contracts are not with NSTLQ, they are with General Dynamics sub National Steel and Shipbuilding Co., San Diego, Calif (NASSCO), but somebody called Info-Pro Research who gives news to OTC BB site and maybe others apparently takes part of the DOD news releases and adds NSTLQ to them.

It's not just sites like Pink and Nasdaq confusing SEC filings, it's even worse.

Here's an example from last week, from OTC BB site.

http://www.otcbb.com/asp/Info_Center.asp

NATIONAL STEEL AWARDED CONTRACT FOR REPAIR AND ALTERATION
NATIONAL STEEL AWARDED CONTRACT FOR REPAIR AND ALTERATION

USA, Feb. 23, 2009 (Info-Prod Research) -- According to DOD: National Steel (OTCBB:NSTLQ) and Shipbuilding Co., San Diego, Calif., is being awarded an $8,099,383 modification to previously awarded contract (N00024-06-C-4402) for the repair and alteration for the Non-Docking Scheduled Availability of the USS Pearl Harbor (LSD-52). The contractor will furnish the material, support (electrical, crane, and rigging), and facilities necessary for the maintenance and modernization of the LSD/LPD class ships. This availability includes inspection and preservation of the Potable Water Tank, repair of the Ballast Tanks, and the 5-year strength and integrity inspection of the Auxiliary Boiler No. 2. Work will be performed in San Diego, Calif., and is expected to be completed by Apr. 2009. Contract funds in the amount of $7,556,652 will expire at the end of the current fiscal year. The Southwest Regional Maintenance Center, San Diego, Calif., is the contracting activity.



Source: Info-Pro Research (February 23, 2009 - 1:24 PM EST)

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Here's the actual DOD release about that contract.

http://www.defense.gov/Contracts/Contract.aspx?ContractID=3966

National Steel and Shipbuilding Co., San Diego, Calif., is being awarded an $8,099,383 modification to previously awarded contract (N00024-06-C-4402) for the repair and alteration for the Non-Docking Scheduled Availability of the USS Pearl Harbor (LSD-52). The contractor will furnish the material, support (electrical, crane, and rigging), and facilities necessary for the maintenance and modernization of the LSD/LPD class ships. This availability includes inspection and preservation of the Potable Water Tank, repair of the Ballast Tanks, and the 5-year strength and integrity inspection of the Auxiliary Boiler No. 2. Work will be performed in San Diego, Calif., and is expected to be completed by Apr. 2009. Contract funds in the amount of $7,556,652 will expire at the end of the current fiscal year. The Southwest Regional Maintenance Center, San Diego, Calif., is the contracting activity.