posted
Tony and Michael, Thank you very much for taking the time to meet with us. As always, we are delighted to find you accessible and eager to discuss the company with your shareholders." For the purposes of this half hour, we would like to submit to you some questions (some have already been provided) and we would like to hear from you about the company, its current operations, and its future. We understand that you can only share public knowledge, but any personal insights, ideas, and opinions about the market, the industry, or yourselves personally, would be of great interest to all of us. Thank you again for taking the time for this Q&A session. We are all very grateful.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
| IP: Logged |
posted
I'd like to submit the following questions to help facilitate the discussion.
Tony and Michael, please feel free to touch on any of these questions, or provide any thoughts and ideas of your own.
Ultimately, I think we're all looking for answers to the following:
1. What's your position on an R/S? 2. Where do you see the company growing in the next 12-18 months? 3. Do you have any deals/ contracts in the works? 4. Will you be reducing the O/S any time soon? 5. Can we be kept more in the loop with what is going on with the company more frequently via PR's? 6. Any chance you would redo the DDSI web site to look more like CGM? 7. How is turn over in your company? 8. How has the acquisition played out with CGM and did you have any culture conflicts/shocks? 9. How many employees do you have today? 10. Any new deals on the horizon/from the expo? 11. You had a great quarter in Q1. Should we expect another great 10Q for Q2? 12. You had a great 10Q for Q1. Why don't you think the pps moved higher? Was it because of the CD's? 13. Do you think the stock is correctly priced at .0002? Where do you think it should be? 14. If you generate enough revenues, do you plan to retire shares or do a stock buyback to minimize the float? That would certainly bring the value of the shares up and bring attention to the stock? 15. What is the reaction to the new Evidence Tamperproof Bags? Did they win the crowd at the Expo? 16. Can you tell us more about further R&D projects going on? 17. Has there been any interest from the government for products concerning the Tamperproof ID's or any other security products that the co. carries since the Bills Congress has initiated concerning Port & Border Security? 18. What is the approximate number of CD's that are slated to be retired in the coming year? We are all hoping that period is over! 19. Any chance you might initiative a stock buy back program, and, might that help get the stock off the ground? 20. What product or products do you sell to WAL-Mart?
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
| IP: Logged |
posted
Welcome gentlemen. It a pleasure to have you here. The time you have taken is greatly appreciated.
Posts: 339 | From: Canada | Registered: Dec 2005
| IP: Logged |
posted
Regarding Question #1: As we have stated in the past, a R/S is being considered by the BOD as a possible option if it is in the best interests of the Company and the Shareholders.
Posts: 12 | Registered: Jul 2006
| IP: Logged |
Do you guys think you could hit on the questions listed first?
-------------------- 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
| IP: Logged |
Welcome to our post. Thank you so much for joining us today. It is really a pleasure to hear from you. It's not often that the CEO and CFO take the time to chat with their investors like this. We really appreciate it.
In terms of today's format, above, please see some questions compiled these last few weeks by our members. I'm sure folks will chime in with other questions, but maybe we can warm up with a few of these. Please feel free to take a crack at any of them.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
| IP: Logged |
Thanks for the insight about the R/S. What would be the possible advantages to doing an R/S? Usually investors don't like to see them happen, but we know they can be the only way to get the stock off the ground.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
| IP: Logged |
quote:Originally posted by DDSICGM: Regarding Question #1: As we have stated in the past, a R/S is being considered by the BOD as a possible option if it is in the best interests of the Company and the Shareholders.
many pinksheet companies R/S and say it is in the best interest of the share holders, exsperience shows this is almost never the case. how can you assure investors that in the event of an R/S the company will be able to add real value to maintain and increase the share price post R/S should it come to that?
Posts: 2503 | From: connecticut | Registered: Mar 2005
| IP: Logged |
posted
Question 1 was answered in a previous post.
Question 2: "Company Growth in the next 12 to 18 months?"...Management focus is on growing revenues targeting three market areas...Domestic Security, European expansion and furthering our interests in the Asian markets. We are developing new products for the ever changing supply chain channels and seeking to expand our distribution channels.
Question 3:"Do We Have Deals in Work"...the Answer is YES...but we cannot comment on specifics due to non-disclosure and security requirments.
Posts: 12 | Registered: Jul 2006
| IP: Logged |
Thanks for clearing this up for us because we always wonder why you don't put out a PR when you close a deal. We've always guessed it was because of security concerns and wanted to protect the privacy of your customers.
I guess we were right about that one:)
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
| IP: Logged |
posted
Question 4: "Will we be reducing O/S any time soon?"...The answer is partially found in our answer to question #1. In addition, we can say that the company has no plans for a buy-back at this time.
Question 5: "Keeping Shareholders in the loop". Answer, we have implemented a PR/IR campaign. We plan to update our web presence (which is in process). We are limited, due to the nature of our services, by our clients as to what we can announce. We remain a fully reporting stock and will continue full SEC requirements.
Posts: 12 | Registered: Jul 2006
| IP: Logged |
Why do we never see any PR's that would jeapordze either ,but would give the market a good estimate of what is happening. ---- Just a comment=RS 99% never work to the investors advantage.It on;y prolongs a downward cycle.
Posts: 180 | From: Maine | Registered: Apr 2006
| IP: Logged |
posted
Question 6: "Web Site": As mentioned earlier we are in process of revamping our entire web presence. We also plan to integrate an e-commerce site with our new plan. This is highly complex due to the nature of our products and our clients...but we are optimistic we can arrive at a plausible solution.
Question 7: "How is turnover"...Our answer on 3 levels...Employees...extremely low turnover..most have been with us for over 6 years.; Inventory: the turnover rate is pretty much where we need it to be. We are constantly looking to improve in this area.; Clients/Customers:..very low attrition
Posts: 12 | Registered: Jul 2006
| IP: Logged |
posted
Tony, you say that we remain a fully reporting company - is that because of a possibility of a move to a higher exchange, or do government contracts require this criteria?
Posts: 7 | Registered: Apr 2006
| IP: Logged |
posted
what is the current revenue status of your company, projections? margin? income? net profit?(loss) loss carryforward ect...current O/S - A/S numbers would be helpful
Posts: 2503 | From: connecticut | Registered: Mar 2005
| IP: Logged |
posted
Question 8: "Acquisition Integration". The integration of the two cultures went very smoothly. Management teams are focused on growing the business. Cross-selling of products is proceeding. Overall...VERY GOOD.
Question 9: We have 22 employees.
Question 10: "News on Horizon from Expo"..We are pleased with the results from the EXPO and are following up on the leads. Our next expo is ASIS in September in San Diego, followed closely by IACP in October, and an Intermodal Show in November...we are busy!
Posts: 12 | Registered: Jul 2006
| IP: Logged |
posted
Question 11:"How about Q2"?...Well, we plan to report on time...and we continue to focus our total efforts on growing the business.
Question 12: "What about PPS?"...Any answer would be pure speculation.
Question 13: "Is stock correctly priced?" As a management team, we of course do not think so. However, the marketplace dictates.
Question 14: With enough Revenues do we plan to retire shares...?"..The answer is always REVENUES. and our goal is to increase them!. Right now a buy back is not in the plans.
Posts: 12 | Registered: Jul 2006
| IP: Logged |
posted
Question 15: "Reaction to EVIDPRO Bags"..The products are being well received by the target market.
Question 16: "R&D Projects"; We have announced NAVALOOP, which is manufactured by Navatech. This is just one of several products, including the EVIDPRO Bag series, that we are developing and testing. Tapes and Labels are constantly being refined to accommodate new surfaces and applications. WE CAN'T Talk about some of the other exciting products until it is time.
Posts: 12 | Registered: Jul 2006
| IP: Logged |
Question 14: With enough Revenues do we plan to retire shares...?"..The answer is always REVENUES. and our goal is to increase them!. Right now a buy back is not in the plans.
But you do keep this in mind for the future ? Or will this never be an option ?
Posts: 801 | Registered: Nov 2005
| IP: Logged |
posted
Tony, when you addressed the Yale Club in Sept. 2005, you mentioned several times in the presentation that merger talks were occurring almost daily. Whatever became of these talks?
Posts: 7 | Registered: Apr 2006
| IP: Logged |
posted
Question 17: "Interest by US Govt in Products". The answer is yes...but we can't talk about it. We can say that the US Govt is among our over 2000 customers.
Question 18: "Approx CD's to be retired this year". The Debenture holders have the right to convert out their debt at whatever rate they see fit. We continue to work with our investors to explore alternative financing avenues.
Question 19: "Stock buyback"...see previous post.
Question 20: "What does WalMart buy from us?" Once again, we do not disclose what we are selling to individual clients per their security protocols.
Posts: 12 | Registered: Jul 2006
| IP: Logged |
quote:Originally posted by DDSICGM: Question 20: "What does WalMart buy from us?" Once again, we do not disclose what we are selling to individual clients per their security protocols.
Is it at least feasible to release a PR stating that "DDSI finalized a contract worth XX amount with Company Y"? You're not disclosing anything more. If you already state government is a client, why not the amounts?
Many companies with contract with government release PRs stating we just sold 50,000 widgets to the Navy.
Just a thought.
-------------------- 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
| IP: Logged |