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DDSI 10Q out... revenues increase by 40.9 %
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[QUOTE]Originally posted by MoneyMoneyMoney: [QB] [URL=http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001144204%252D06%252D050419%252Etxt%26filepath%3D%255C2006%255C11%255C29%255C&symbol=DDSI]http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001144204%252D06%252D050419%252Etxt%26filepath%3D%255C2006%255C11%255C29%255 C&symbol=DDSI[/URL] PROPOSAL NO. 2 AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO CHANGE THE NAME OF THE COMPANY TO ALLIED SECURITY INNOVATIONS, INC. Received date 11/29/2006 Period End Date12/19/2006 The one for five hundred Reverse Stock Split is being effectuated by reducing the number of issued and outstanding shares at the ratio of 500 to 1. Accordingly, as a result of the Reverse Stock Split, we will have approximately 19,137,612 shares issued and outstanding. The actual number may be different as a result of rounding. As a result, we will have approximately 9,980,000,000 authorized but unissued shares, which shares may be issued in connection with acquisitions or subsequent financings. There can be no assurance that we will be successful in making any such acquisitions or obtaining any such financings. Currently, we have no plans for the issuance of the shares of common stock for acquisitions or financings. In addition, the Reverse Stock Split has potentially dilutive effects on each of the shareholders. Each of the stockholders may be diluted to the extent that any of the authorized but unissued shares are subsequently issued. The Reverse Stock Split will not alter any stockholder's percentage interest in the Company's equity, except to the extent that the Reverse Stock Split results in any of the Company's stockholders owning a fractional share. In lieu of issuing fractional shares, the Company will issue to any shareholder who otherwise would have been entitled to receive a fractional share as a result of the Reverse Split an additional full share of its common stock. The principal effects of the Reverse Stock Split will be that the number of shares of Common Stock issued and outstanding will be reduced from 9,568,806,013 to approximately 19,137,612. [/QB][/QUOTE]
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