posted
It may or it may not. I do however remember right before RSHN took off there were 911 trades. Now if there is any significance we shall see but I have bet there will be.
-------------------- I buy fast and sell faster!
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posted
OK. I've got to go. I'm off to the pool, then out to Georgetown. Tomorrow I'm at a polo match with a Miss America contestant. Sunday I'm sailing in a race. Tough life! I know.
I'll see you good fella's on Monday!!!
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
OK. I've got to go. I'm off to the pool, then out to Georgetown tonight. Tomorrow I'm at a polo match with a Miss America contestant. Sunday I'm sailing in races all day. Tough life! I know.
I'll see you gents on Monday!!!
-------------------- You can't afford to risk, what you can't afford to loose.
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quote:Originally posted by brackep: I asked Michael when the financials will come out:
xxxx
We met with the auditors yesterday and expect to file our 10Q next Tuesday the 15th depending on the review by attorney and auditors. If for any reason they are held up due to their work schedules we will file no later than next Friday the 18th.
Michael
10Q will be out between august 15th and 18th
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posted
Data Systems & Software Inc. (OTCBB:DSSI) today announced results for the quarter and six months ended June 30, 2006.
Sales in the first six months of 2006 decreased from $2.2 million in the first six months of 2005 to $2.0 million in 2006. Gross profit in the first six months of 2006 decreased by $0.1 million compared with the first six months of 2005, while gross profit gross in the second quarter of 2006 increased slightly as compared with gross profit in the second quarter of 2005.
Selling, marketing, general and administrative expenses ("SMG&A") in the first six months of 2006 were approximately the same as in the first six months of 2005 and increased by $0.1 million in the second quarter of 2006 as compared to the second quarter of 2005. SMG&A expenses decreased in the Company's operating segments; however this decrease was offset by increases in corporate SMG&A expense, attributable primarily to stock option compensation recorded in 2006. Corporate SMG&A expense in 2006 includes $0.4 million of stock option compensation expense ($0.3 million recorded in the second quarter) due to the adoption of SFAS 123R effective January 1, 2006.
Under applicable accounting principles, as a result of the Company's sale of Databit in the first quarter of 2006, the results of Databit have been reclassified in the current period and for all prior periods as a discontinued operation. The condensed results of this business are presented in each of the current and comparative periods as net income from discontinued operations.
The decrease in net income from discontinued operations in the 2006 periods as compared with 2005 periods, was primarily due to the inclusion in the 2005 periods of the results of the outsourcing consulting services business which was sold in 2005.
The $2.2 million loss on sale of discontinued operation for the six months ended June 30, 2006, reflects the loss from the sale of the Databit computer hardware company and contract settlement with our former CEO during the first quarter of 2006.
The results of the Company's Comverge equity affiliate did not impact the Company's results for the second quarter ended June 30, 2006, since the Company's net carrying value for its preferred stock investment in Comverge has been reduced to zero by previously recorded losses.
John A. Moore, President and CEO commented: "We look forward to increased activity in our operating segments in future periods." Moore added: "Although, Comverge did not impact our operating results for the quarter, the recent heat wave in the United States drove home to utilities, consumers and regulators alike the importance of Comverge's Demand Response in keeping the lights on during times of peak usage. Over one gigawatt of electric capacity, including over 100 megawatts of capacity provided by Comverge to its utility customers under its Virtual Peaking Capacity(TM) programs, was called on to provide demand relief from New England to California - enough energy to power approximately one million homes on an average day. We are clearly seeing the market needs and regulatory pressure increase towards expanding and optimizing Demand Response programs via business models such as Comverge's Virtual Peaking Capacity(TM) offering."
-------------------- Trading is a blast!!
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posted
This makes me mad------The $2.2 million loss on sale of discontinued operation for the six months ended June 30, 2006, reflects the loss from the sale of the Databit computer hardware company and contract settlement with our former CEO during the first quarter of 2006.
-------------------- Trading is a blast!!
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posted
LOL, I was so bummed when i saw that. But thank god its not, weel this is what happens to a person in penny land after so much time spent on trying to find the big one!!!!!!!
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posted
well folks, it looks like DDSI paperwork should be out this week and we should be in position to make some money. Most of mine are bought X .0003 then picked up a few more million X .0002.
10-q, 10-q, 10-q lol.
Do DDSI!!!
-------------------- I buy fast and sell faster!
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Digital Descriptor Systems, Inc. (DDSI) -- Friday's shares stayed even at $0.0020. The volume was at 15,150,000. Digital Descriptor Systems, Inc. , an industry leader in the development of Homeland Security related products, today announced results for the period ending March 31, 2006. Revenues grew 485 percent, to $870,964, from first quarter 2005 revenues of $148,875. Gross profit rose over 450 percent, to $577,622, from $104,173 for the same period in 2005. All numbers are fully audited. In March 2005, DDSI acquired Somerset County, New Jersey-based CGM Applied Security Technologies, Inc., a leading manufacturer and distributor of various Homeland Security products.
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. Additional information is available online, at http://www.ddsi-cpc.com.
posted
Per the quote buy on the rumor and sell on the news, we should see some buyers coming in this week and waiting for the news to either take it on up or stay where it is. JIF I think we could see some heads turn if the news proves that the buy they just did worked out for them.
quote:Originally posted by pharaohno1: Got this from *********
Digital Descriptor Systems, Inc. (DDSI) -- Friday's shares stayed even at $0.0020. The volume was at 15,150,000. Digital Descriptor Systems, Inc. , an industry leader in the development of Homeland Security related products, today announced results for the period ending March 31, 2006. Revenues grew 485 percent, to $870,964, from first quarter 2005 revenues of $148,875. Gross profit rose over 450 percent, to $577,622, from $104,173 for the same period in 2005. All numbers are fully audited. In March 2005, DDSI acquired Somerset County, New Jersey-based CGM Applied Security Technologies, Inc., a leading manufacturer and distributor of various Homeland Security products.
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. Additional information is available online, at http://www.ddsi-cpc.com.
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