posted
Just before closing, we have had the opportunity to review some of the comments. We do not have time now to address these.
However, if you compile another list, perhaps we can arrange for a similar exercise...maybe less questions and more interaction...but we will make ourselves available to our interested shareholders and investors.
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posted
Here is a summary of some of today's highlights:
We have 22 employees. Approximately 2000 customers
We plan to report on time...and we continue to focus our total efforts on growing the business.
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.
"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!
"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.
"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
"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.
"Do We Have Deals in Work"...the Answer is YES...but we cannot comment on specifics due to non-disclosure and security requirements.
"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.
"Reaction to EVIDPRO Bags"..The products are being well received by the target market.
"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.
"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.
-------------------- You can't afford to risk, what you can't afford to loose.
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quote:Originally posted by DDSICGM: Just before closing, we have had the opportunity to review some of the comments. We do not have time now to address these.
However, if you compile another list, perhaps we can arrange for a similar exercise...maybe less questions and more interaction...but we will make ourselves available to our interested shareholders and investors.
Yes, I will go ahead and compile a list of follow up questions for you. Thank you very much for offering the follow up.
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
Well guys I think we can all be glad Tony and Michael were willing to participate this Q&A Session. Some of us probably wanted to see questions answered more in detail but we have to respect the fact they can't due to non-disclosure and security requirments.
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Please take a few days to digest the info from today's session. Then, later in the week, we will compile a list of follow-up questions for Tony and Michael.
I think today's session definitely provided some "food for thought."
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
Well I have multi-millions of shares and personally I don't have a warm fuzzy feeling anymore. I see companies all the time state they sold products to the goverment, or they recieved a $3.5 million contract.
-------------------- 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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posted
It looks very good! But the only thing it really scares me is the R/S. Companies has the wrong idea (don't know why)that the shareholders are beneficied for it. That is only few, to not say nobody. That is wrong.
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posted
It looks very good! But the only thing it really scares me is the R/S. Companies has the wrong idea (don't know why)that the shareholders are beneficied for it. That is only few, to not say nobody. That is wrong.
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posted
it was great that the company agreed to this session however the lack of any serious consideration for a buy back and the statement that the board of directors is considering an R/S does not entice me to invest further in this company at this time. i do appreciate the upfront and honest feedback. my thanks to the company and all who made this session possible.
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posted
It looks very good! But the only thing it really scares me is the R/S. Companies has the wrong idea (don't know why)that the shareholders are beneficied for it. That is only few, to not say nobody. That is wrong.
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quote:Originally posted by Rasica: Jif........Thank You, for arranging this Q&A with DDSI Management!
No problem. Overall, I think it was a success. We made contact, and we had some questions answered. Also, we were offered more contact. That's the biggest thing. I was very happy when they offered to answer our follow up questions. I already have a few of my own.
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
Isn't it possible for the company to say that it has x number of contracts, worth $x without naming anyone? With most of the questions, we appeared to hit a Chinese Wall... can't disclose, can't comment, etc etc..
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quote:Originally posted by madmoney: it was great that the company agreed to this session however the lack of any serious consideration for a buy back and the statement that the board of directors is considering an R/S does not entice me to invest further in this company at this time. i do appreciate the upfront and honest feedback. my thanks to the company and all who made this session possible.
I did not read anything about
"... the statement that the board of directors is considering an R/S ..."
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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.
posted
Jif, thanks for all your effort - this really was quite an accomplishment. I can't say that I feel good about all that was said, but again, I'm impressed that management took the time to address the shareholders.
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posted
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.
So we know they have/are making some exciting products !
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posted
Great job on setting this Q & A session up. The replies were somewhat vague but them taking the time is something positive on its own. Hope fully we can get questions answered more in depth in the future. Thanks for setting this up again. I appreciate it.
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posted
Great work JIF, breckep, and all involved. Thank you! Your efforts are greatly appreciated. I wish this sort of thing would happen more often for several of the stocks that I own, or am considering buying.
Though I'm not very inspired by some of the answers, it is very nice to know that they were willing to participate, and offered to answer follow up questions.
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quote:Originally posted by DDSICGM: 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!
The company I work for (Lenel) has a big booth at ASIS every year. I am usually there as well. I look forward to finding the DDSI booth while im there...
quote:Originally posted by madmoney: it was great that the company agreed to this session however the lack of any serious consideration for a buy back and the statement that the board of directors is considering an R/S does not entice me to invest further in this company at this time. i do appreciate the upfront and honest feedback. my thanks to the company and all who made this session possible.
madmoney, I'm on the same boat with you. Really appreciated to JIF and all - I have clear "DDSI" picture now. I’m holding it from 2005, did lots of DD and did have guts about. Now - with CDs continue to the blue skies and ignoring of shareholders interest I don't see any value to keep my investment in - I'll be dump 30 million shares as soon as possible (would like to highlight - DUMP - not sure that will be easy - any takers right now?). Thanks to all and good luck to believers.
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posted
You will not have any problem unloading shares at .0001,but Ithink what will happen most likely is hat this shall get a pop up before any RS takes place.
My logic is this: Why would they possibly do an RS at this pps.They willwait till the market drives it up and then announce they shall do a RS.I'd hold your shares as they did not say they would,but did say they are thinking of it as an option.
I do not think this co. has any value now ,but they have value on paper which moght drive the pps up when they announce Earns.
I wish I had never heard of DDSI,but I do think it will get bounced up next month or in October then they will announce a RS.
On the Q&A I saw no surprises as I knew theye would say the NDA's were the reason for the non-PR's from the co..They may announce this new NAVALOCK and I hope it brings them attention,but nothing is really going to shake this co. to the Penny level I bet.You never know about these cos. even if the CEO talked.
There were really no surprises except you cannot believe anything that is rumour on these BB's with this co. as they were said to not rvrn been considering an RS.
Hopefully we can dump shares llong before they make that BS move.
And I think it will workout the wy I said.Why would they do a RS at this pps.They will wait till it goes up then announce it and split the shares midway down from that like somne other cos. I have seen do.
"Remember he said they were consideering it as an option,not that they are going to do one" Another factor is when they might do one.
This co. has been at this level before and has pulled out of it and they may just do it again.That is the only reason I am holding my shares.
Any number of thngs may happen next month when they have Earns released,announce a new prdt. or if they are enlightened put out a PR with substance.
I knew this was going to be BS ,but I went for it anyway!
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posted
the only thing that bothers me is like Squire38 stated, why can't they tell us at least how much they are getting for a contract deal without specifying who (Dept of Defense, etc.) when... obvious, because no one else in the same field seems to have problems with the publicity and with the stuff they are advertising, nothing is obviously secret..I mean, the only business anyone seems to know about is Wal-Mart..Hell China owns Wal-Mart. If its illegal business..hell as long as they dont tell me who, and just how much and when is fine with me. I am going to research from my end. Ultimately its cool they took the time to show up, wonder if we can get it in the chat forum next time so they can see the questions real time because I think they were kind of baffled with all the stuff popping up when they posted something and lost track of questions that couldve easily been answered in better detail, just give me a time and date and hopefully I can be there this time during not after. GLTA
posted
and on top of that they do tell us through their website some of their members so its not like its a secret on who uses their products, so why not tell us that they have these supposed sweet deals going through. Hell the more they advertise the more revenue they can get through shareholders also
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posted
IMHO - this company has been at these bottom levels for a long time and believe it's going nowhere any time soon.I think there are a few people that would agree that all this Q & A stuff is a bunch of hogwash and this company is being pumped.
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posted
Do not tell whom is buying what but what is being bought from say inventory. For instance 10k locks, 200k tamperproof evid bags. We've got to know something as investors in a company no matter what its listed with.
Its time to reward the investors somehow in some manner.
-------------------- I buy fast and sell faster!
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posted
Are you people crazy thinking an RS is going to be good for your $$ or are you pumpers being paid?
Write to them and strongly tell them you are againd the move before they get anything substantial going.
Then when it fly's announce or discuss the possibilities of doing one.As of now the shares are worthless.Next month there might be a runup on Earns news.After that they may consider doing an RS.
GL with thinking it would benefit you and this co. at this point.
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posted
Sorry, folks. After reading the answers to the questions, I can only see this stock "flying" is into the ground. Think it's called a "plane crash". If they have any idea that a R/S is a healthy thing, they have a lot of learning to do. Meanwhile, I wouldn't touch this with a long pole. Good luck to those of you who have already been sucked in.
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posted
When they have another of these and if they do a RS before it goes up again then I would like to see how much faith people have in Toni & Crew then.
Man,I'd hate to work for these guy if they treat their shareholders like this imagine the workers.Min,Wage and bare bene's. And they give themselves pay raises and Vacations.
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