Huge buy before close took out tons of asks! Maybe more news on the Microsoft deal coming and someone got wind of it as they spent over $65k before the buzzer! Its my pick to run!!!
Posts: 671 | Registered: Nov 2005
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DDSI...expect huge day tomorrow ...once it holds 0.0005 then we are oof to 0.001
Posts: 575 | From: seattle | Registered: Oct 2005
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Should run wednesday to .004, chart is looking sweet for this one with the macd about to cross, and the BB's are tight and that should indicate a reversal and trend up hopefully nice and steady.
Posts: 957 | From: grand rapids, MI | Registered: Feb 2006
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Moneky man...good revunues and they are moving to OTCBB
Digital Descriptor Systems, Inc. Announces Year End Results Thursday April 20, 1:16 pm ET Record Revenues Increase More Than 800 Percent From Prior Year
SEA GIRT, N.J., April 20, 2006 (PRIMEZONE) -- Digital Descriptor Systems, Inc. (Other OTC:DDSI.PK - News), 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. ADVERTISEMENT
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 filin
Posts: 575 | From: seattle | Registered: Oct 2005
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Rocktrader DDSI moving to the OTCBB just a personal opinion?
What does it take to make that move and what impact would it have on the issue?
I am in it and looking to buy more shares tomorrow as I heard the news today of there being a mandatory TamperProof ID's needed to be used Port Entry Workers.
I am not saying that this is what they will get for a cntract,but it shows that the whole sector is going to be on the move.
I am being cautious as this is a Pink stock,but I like the action it is getting.I hope it s nt Naked Shorts or Dilution which is making it go tthe way it is..
The Revs look great !Worth a few K to see if it runs!
Posts: 180 | From: Maine | Registered: Apr 2006
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-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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