0.0002 2200000 OTO 16:04:03 0.0002 9000000 OTO 16:03:45 0.0002 9900000 OTO 16:03:31 0.0002 9900000 OTO 16:03:20 0.0002 9000000 OTO 16:03:10 0.0002 9000000 OTO 16:02:58 0.0002 9000000 OTO 16:02:48 0.0002 9000000 OTO 16:02:38 0.0002 9000000 OTO 16:02:26 0.0002 9000000 OTO 16:02:07
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quote:Originally posted by Thomas Mick: Enlighten me; just what about the last pr was a "nightmare"?
check out plan of operations.... with a lease up in 3 months and thier plan of operations kinda scary id say thats a sign..saying all that im still trying to get in at .0001 so what the hell play at your own risk .
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No, .0001 sells are a sign of death. Once it sinks there the MM"s will hold it there. Very tough to get off of .0001. I want to see .0002/.0003.
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quote:No, .0001 sells are a sign of death. Once it sinks there the MM"s will hold it there. Very tough to get off of .0001. I want to see .0002/.0003.
That's more than a bit dramatic eh? I highly doubt that small trade * 1 yesterday was actually a normal trader buying those shares. Most likely it was MM's swapping shares - everyone knows they do it.
Why is everyone complaining about over 700% rise in revenue year to year? Most companies would kill for that kind of rise.
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Thanks JIF, for the pep talk; it was badly needed on this end. I'm a relative newcomer to trading, so I may get a little jumpy from time to time.
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this is set to explode near term IMO. Just look at the staggering amount of accumulation that has been going on since the end of March/beginning of April....
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[QUOTE]Originally posted by logical buyer: [QB] Who is selling, causing the POS to go to .0001. Give me a break. What a bargin! The company needs to release some much needed PR.
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I dont know what is going on with this thing, but its doing a whole lot of nothing, hopefully it starts to get going on the upswing sometime soon. I had bought some shares of this and couldnt even sell it at .0002 after having it as an open order for a week.
Would be nice to get some back on this thing.
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DDSI- Digital Descriptor Systems, Inc. Announces Year End Results Record Revenues Increase More Than 800 Percent From Prior Year SEA GIRT, N.J. (EWORLDWIRE) Apr 20, 2006
Digital Descriptor Systems, Inc. (Pink Sheets: DDSI), an industry leader in the development of Homeland Security-related products, announced audited results for the fiscal year ended December 31, 2005. Record revenues grew more than 800 percent, to $3,335,631, from the 2004 year end report of $412,052. Gross profit rose 506 percent, to $2,226,727, from $367,270 for fiscal 2004.
In March 2005, DDSI acquired Somerset County, N.J.-based CGM Applied Security Technologies, Inc., a leading manufacturer and distributor of various Homeland Security products.
"Our sales and profit numbers continue to improve steadily, from quarter to quarter," says Anthony Shupin, CEO of DDSI. "With just ten months of financial results since our acquisition of CGM, there’s every indication the business strategies we set in motion in March 2005 are extremely effective. We’re currently in the midst of a very strong turnaround."
Michael Pellegrino, DDSI’s CFO, notes, "We continue to utilize planning and discipline to carefully navigate the company through this early stage of growth. EBITDA (earnings before interest, taxes, depreciation and amortization) losses of $220,166 for the ten months since the acquisition indicate that we may have come close to breaking even in cash flow had we had the full year."
About Digital Descriptor Systems, Inc.
The company, based in Sea Girt, N.J., develops and markets integrated enterprise-wide image applications specifically designed for criminal justice organizations. Customers include states, cities, counties, corrections, justice and public safety agencies.
Its subsidiary, CGM Applied Security Technologies, Inc., based in Somerset, N.J., is a leading manufacturer and distributor of Homeland Security products, including indicative and barrier security seals, security tapes and related packaging security systems, protective security products for palletized cargo, physical security systems for tractors, trailers and containers, as well as a number of highly specialized authentication products.
Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the Company could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company’s operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors associated with our Company, review our SEC filings. HTML: http://newsroom.eworldwire.com/wr/042006/14305.htm PDF: http://newsroom.eworldwire.com/pdf/042006/14305.pdf ONLINE NEWSROOM: http://newsroom.eworldwire.com/305379.htm RSS NEWSROOM: http://newsroom.eworldwire.com/xml/newsrooms/305379.xml
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