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DDSI 10Q out... revenues increase by 40.9 %
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[QUOTE]Originally posted by Magfam: [QB] Found this on Investors Hub Email from CFO/Senior VP: I just posted this on teh ragingbull board as well - I got a response from the CFO/Senior VP, Mr. Mike Pellegrino. I sent him the following message at 1am this morning: ---------------------------------------------- Hello, I am an investor in your company, and I feel that there is much potential here, especially with the ownership of CGM. However, I am perplexed by the lack of Press Releases regarding business transactions. It is obvious that you are getting business with somebody – why aren’t we told when you score a contract? Are they disclosure agreements that we can’t know about? Either way, I recommend that you do something to let us, your beleaguered investors, know what’s going on. This lack of information is what pushes down your stock value and thus your company value in the eyes of investors – even if you are doing awesome (and I can see that DDSI is really on the right track), the potential investors sees nothing but a lack of awareness and information on the goings-on of your company. This creates the uncertainty that leads to the low trading. If you can put out relevant information as to what progress the company is making, you can reignite the serious scrutiny of the investor community-at-large and get some real interest here. Also, what requirements hold you back from moving to the OTCBB? It seems like you meet the reporting requirements – are there other factors holding you back? Moving up to that board reduces a lot of the extreme (and unfair in your case) tension on your company as more people will be comfortable investing in an OTC stock than a PinkSheet. Those are just a couple of observations and suggestions I had that might interest you. I would greatly appreciate some feedback on your thoughts. Have an excellent day. Respectfully, Cadet Ben xxxxxxxx United States Military Academy Class of 2008 3/4/F/2-1 USCC ---------------------------------------------- This morning at 0939, I received a response. The automated email signature asked that i not distribute the message (since they are a security-based company), so I will just post the information he gave me: DDSI's clients do not allow them to publish any information about them (ie PRs) because they do not want others to know what kind of security protocols they use, or where they get them from. Unfortunately, this makes it difficult for them to announce much information about their progress. They have not moved to the OTCBB because they feel the expense of getting a broker/dealer to file the paperwork can be better put to use in advertising and sales. Mr. Pellegrino feels that the debt structure is what's holding down the stock price the most. He then assured me that DDSI and CGM are working hard to increase sales etc to increase shareholder value. [/QB][/QUOTE]
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