SEA GIRT, N.J., April 20, 2006 (PRIMEZONE) -- 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.
Posts: 535 | From: muskegon, michigan | Registered: Jul 2005
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posted
You threw me off with the word profit. When it was gross profit. We need some net income to really fly. GLTA
Posts: 1289 | Registered: Dec 2005
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there are so many factors playing on this one. If we get a good Q maybe we can see .0006 if there is good news with it maybe .001 if there was some ridiculous news maybe even higher. I don't know what its going to take to get this to REALLY go, i'm talking like a RSHN run.
-------------------- Money often costs too much. - Emerson
**ALL POSTS ARE IMHO, DO YOUR OWN REASEARCH.** Posts: 458 | From: CT | Registered: Jan 2006
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So will we be seeing .0004 in the morning with people trying to get in before the Q??? I would like to see the .0006 and higher soon!
Posts: 129 | From: DFW, TX | Registered: Mar 2006
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quote:Originally posted by Porsche: So will we be seeing .0004 in the morning with people trying to get in before the Q??? I would like to see the .0006 and higher soon!
You and all longs would like that number and much higher I hope.
Posts: 1289 | Registered: Dec 2005
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I hope the Q shows revenue growth. It should be out either today or Monday. If we have the same revenues we did in the 4th quarter of last year in the 1st quarter of this year that would give us 800 percent increase over last year's same quarter. I personally would really like to see a 1,000% increase. That would be revenues of $1,490,000 or 25% growth over the prior quarter. That would really turn a few heads. JMHO
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Regardless of what the Q shows it's will not effect the PPS. MM's control movement of 99 % of the stocks on theses boards. When a stock loses 30x it's value in 1 week and drops down to .0002 as DDSI did 6 months ago do you really think the pps is based on anything other than manipulation?
Posts: 59 | From: Georgia | Registered: Aug 2005
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I think alot of it is based on dilution. When you dilute a stock by 30% then you normally have a price drop. Just like when a company announces a buyback the price goes up. TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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Regardless, a strong Q will help the PPS. If the company follows this with some guidance that would help as well. The MM's can only keep a good thing down for so long. It's all about supply and demand. GLTA
Posts: 1289 | Registered: Dec 2005
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Price Size Exch Time 0.0003 225000 OTO 09:59:46 0.0003 225000 OTO 09:59:32 0.0003 225000 OTO 09:59:26 0.0003 5000 OTO 09:59:26 0.0003 5000000 OTO 09:55:01 0.0003 8510000 OTO 09:38:17 0.0003 3000000 OTO 09:38:09 0.0003 2000000 OTO 09:36:32 0.0002 433333 OTO 09:34:26 0.0003 3000000 OTO 09:32:53 0.0003 3500000 OTO 09:30:40 0.0003 490000 OTO 09:30:19 0.0003 566666 OTO 09:30:12 0.0003 3000000 OTO 09:30:12 0.0003 566666 OTO 09:30:
Posts: 1289 | Registered: Dec 2005
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are we really just gonna keep sitting here at 0003. everything about this company looks good, yet the pps sux. Is it too diluted?
Posts: 725 | From: Levelland | Registered: Mar 2006
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meethinks everyone is holding and waiting for the Quarterly report...maybe some other news to go along with it. patience.
Posts: 960 | Registered: Sep 2005
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TMAN, i know there are 7.5B shares but come on. this is a great company with great numbers. And for goodness sake, even PAIM has started to move and who knows how many shares they have out. So whats the problem here?
Posts: 725 | From: Levelland | Registered: Mar 2006
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Time & Sales Price Size Exch Time 0.0003 300000 OTO 11:21:37 0.0003 500000 OTO 11:21:37 0.0003 1000000 OTO 11:19:29 0.0003 500000 OTO 10:56:17 0.0003 200000 OTO 10:53:30 0.0003 200000 OTO 10:53:30 0.0003 600000 OTO 10:47:27 0.0003 600000 OTO 10:47:24 0.0003 140200 OTO 10:47:03 0.0003 1333300 OTO 10:47:02 0.0003 1333400 OTO 10:46:56 0.0003 350000 OTO 10:40:25
Posts: 1289 | Registered: Dec 2005
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quote:Originally posted by buzzygresham: TMAN, i know there are 7.5B shares but come on. this is a great company with great numbers. And for goodness sake, even PAIM has started to move and who knows how many shares they have out. So whats the problem here?
More than anything is impatience. I know it's hard waiting but like they say, "good things come to those who wait." Hopefully that will be the case here. One just never knows.
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RB, i agree with you. I guess for the most part i am trying to get some reassurance. I have been in this one for a while and have watched it even longer. And i really need this one to turn out big for my accounts sake
Posts: 725 | From: Levelland | Registered: Mar 2006
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-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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quote:Originally posted by buzzygresham: TMAN, i know there are 7.5B shares but come on. this is a great company with great numbers. And for goodness sake, even PAIM has started to move and who knows how many shares they have out. So whats the problem here?
Hell, how many share were out on USXP when it ran to 4.5 cents?
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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quote:Originally posted by buzzygresham: good question Squire. do you know the answer?
I thought it was around 5 to 6 billion. I would have to go back and research, but I think that is close.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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Yea, but you need to remember that USXP was reporting that they have 100's of millions of dollars coming in from the middle east. DDSI reporting 4 million profit for the year, is not even that close. But either way, i think DDSI has a very bright future in the long run. Its just a patience game.
And keep in my mind, DDSI is one of the few companies that its PPS is under valued even though they started reporting profits rather than losses.
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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quote:Originally posted by megahead34: Yea, but you need to remember that USXP was reporting that they have 100's of millions of dollars coming in from the middle east. DDSI reporting 4 million profit for the year, is not even that close. But either way, i think DDSI has a very bright future in the long run. Its just a patience game.
And keep in my mind, DDSI is one of the few companies that its PPS is under valued even though they started reporting profits rather than losses.
When I bought USXP in January, the only thing I remember reading that sounded good was the SuperBowl contest. I thought the Middle East stuff was after the huge run, but I admit I could be totally wrong. I am old and stupid with a low IQ.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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The Superbowl thing caused a small run,i believe it went to probably .01. But once the middle east thing started, it flew to .045
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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