Thanks for the encouragement. I do hope you are right about the PPS. Ireally appreciate the help. I tried to PM you back, but it said I was blocked. I sent a message to the contact us sight hopefully it will get fixed. Thanks Again.
Where in Iraq are you station at. I was at Anaconda for about a week last summer. I spent most of time at Camp Doha in Kuwait. One recommendation for you, look at HMSG if you have not done so already. Great company run by retire Marine Colonel.
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With the current news out of Ontario Canada and the huge interest n our southern border, I would expect we'll see increased interest in homeland security related companies. That should mean good news for us in DDSI. been holding since Jan looking for a good up tic.
-------------------- CG-48 "Victory is our tradition"
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Everything seems to be lining up to me as I forecast that we would see the CDer's & Shorts out then it would signal for the bigger players to take positions for the runup.
They do not seem to be coming in yet,but I think they shall.
I do not give to much credence to the rumours of news either,but the CEO knows that without some this might be here through a recession or longer. Hope he is reading post and has something in the works.
I also am positioning myself in more Security issues.
Good luck in Iraq and I hope you are not in the heavy area's that are under attack from insurgents.There nosafe places in a warzone I know.
bellwetherreport.com: The Bellwether Report Issues a Mid-day Alert for Digital Descriptor Systems, Inc
Jun 07, 2006 (M2 PRESSWIRE via COMTEX) -- Digital Descriptor Systems, Inc (OTCPK:DDSI), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service. Digital Descriptor Systems, Inc an industry leader in the development of Homeland Security-related products, announced quarterly results for the three months ended March 31, 2006.
Revenues for the three months ended March 31, 2006 of $870,964 increased $722,089 or 485% from the three months ended March 31, 2005 (restated). DDSI generates its revenues through software licenses, hardware, post customer support arrangements and other services. The increase in DDSI's revenue is attributed to the purchase of CGM Applied Security Technology, Inc in March, 2005.
Cost of revenue for the three months ended March 31, 2006 was $293,342 an increase of $248,640 or 556% from the three months ended March 31, 2005 (restated). The increase was attributable to the purchase of CGM Applied Security Technology, Inc in March 2005. Cost of revenue sold as a percentage of revenue for the three months ended March 31, 2006 was 34% of total revenues.
Operating expenses increased $401,341 or 139% during the three months ended March 31, 2006 versus the three months ended March 31, 2005 (restated). This increase was mainly attributable to the purchase of CGM Applied Security Technology, Inc in March 2005.
Research and development for the three months ended March 31, 2006 was $26,524 compared to $3,848 for the same period prior year for an increase of $22,676 or a 589% increase, which was due in part to the purchase of CGM Applied Security Technology, Inc in March 2005.
The net (loss) for DDSI increased 8% for the three months ended March 31, 2006 to $(1,897,872) from $(1,751,701) for the three months ended March 31, 2005 (restated). This was primarily due to the increase in operating expenses.
Net cash provided by investing activities was $0 and ($1,500,000) for the three months ended March 31, 2006 and March 31, 2005 (restated), respectively. This increase was due in part to the purchase of CGM Applied Security Technology, Inc. in March 2005.
The Company plans to spend the majority of it's time and efforts on increasing the revenue and marketplace of its wholly owned subsidiary, CGM Applied Security Technologies, as it feels that there is a much greater potential for growth of the product line of CGM. In order to accomplish this, the Company has hired additional sales people and is increasing its marketing budget in order to expand the awareness of CGM's product line. In addition, the Company has begun a complete revamping of the company's infrastructure in order to make it better able to respond to the need of its customers and to give management the reporting it needs on a timely basis.
To continue to expand the sale and acceptance of its core solutions by offering new and synergistic biometric (a measurable, physical characteristic or personal behavioral trait used to recognize the identity, or verify the claimed identity, of an individual) (i.e. FMS) security products to its installed base in the criminal justice market. DDSI's objective is to expand with these, and additional products, into much larger commercial and federal markets.
Shares of Digital Descriptor Systems, Inc traded up significantly as this company continues to deliver innovative and exciting products. Currently this company is trading at $0.0003, up 50.0% on volume of nearly 17 million shares. Its been quite sometime since this company made their last significant announcement, which is slowly causing investors to look for opportunities else where. This company is heavily traded by day traders making it extremely volatile, but if they continue to experience growth like they have in the past I feel that this company could really have a bright future. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
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I owned shares in ENPO the last I saw it was selling at .06, Today I looked it up and it changed from enpo to epcn at .60 Iam not sure what to think about this. I have heard no news of a merger of any kind.
quote:Originally posted by mattn: Question for all of you Guru's.
I owned shares in ENPO the last I saw it was selling at .06, Today I looked it up and it changed from enpo to epcn at .60 Iam not sure what to think about this. I have heard no news of a merger of any kind.
-------------------- 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.
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still waiting...you have to be patient with these pinks
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