posted
you guys that are panic selling are being ridiculous.
positive revenues, and the chance to become profitiable for a pink in the next few quarters? Get real, you don't find fully reporting companies like this every day.
A r/s becomes a strong option if/when a company like this gets ready to move to a bigger exchange, that's when it's good for the company and/or shareholder. That means talking a MUCH higher pps for the stock and a chance for significant investment to be made in to the company. If you didn't like their answer about it being a possibility, maybe you should try a different stock, like CSJJ or QBID where they lie to you every day. At least least Shupin is being honest about things.
As for contract silence in dealing with the government or someone else...obviously you guys have never done businesss with the government - it's better to be silent and let the stock sit there then have them pull the contract and do business with someone else because you opened your mouth prematurely.
I will also add that I will continue to hold, and to buy all of your shares I can at 1. :-p
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quote:Originally posted by gatorhistory: you guys that are panic selling are being ridiculous.
positive revenues, and the chance to become profitiable for a pink in the next few quarters? Get real, you don't find fully reporting companies like this every day. <rest snip>
DDSI was never a revenue play... good luck
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posted
This stock has done nothing lately,I would like to see some numbers out for this company then i will believe.I think what we have here is a few people trying to pump the chit out of this.Lets start seeing some numbers not just hear say
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posted
no - unfortunately. the 100 share trade earlier indicates MM's are still looking to buy up shares from whoever will sell at 1, after that...who knows.
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posted
Signals between MMs... 100 > I need shares 200 > I need shares badly but dont take it down to get em 300 > Take the price down to get shares.... 400 > Trade it sideways based on Supply and Demand 500 > Gap one way or the other
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven
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quote:Originally posted by dalton05: This stock has done nothing lately,I would like to see some numbers out for this company then i will believe.I think what we have here is a few people trying to pump the chit out of this.Lets start seeing some numbers not just hear say
You want to see some numbers? You must be new to this post. Check their 10Q's on their web site, and wait for the next 10Q which will be out August 22ndish
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
I whish I can have the same faith you do, but after 5 years waiting for this crap go somewhwere is very hard. Unless I work there and know is going deep, so I will try to pump it up!
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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.
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.
-------------------- You can't afford to risk, what you can't afford to loose.
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Here is the latest one: Record Revenues Increase more than 800% from Prior Year
SEA GIRT, NJ (April 20, 2005) – Digital Descriptor Systems, Inc. (DDSI:PK) – an industry leader in the development of Homeland Security-related products – today announced audited results for the fiscal year ended December 31, 2005. Record revenues grew more than 800%, to $3,335,631, from the 2004 year end report of $412,052. Gross profit rose 506%, to $2,226,727, from $367,270 for fiscal 2004.
In March 2005, DDSI acquired Somerset County, NJ-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 10 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 10 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, NJ, 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 www.ddsi-cpc.com.
Its subsidiary, CGM Applied Security Technologies, Inc., based in Somerset, NJ, 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. Additional information is available online, at www.cgmsecuritysolutions.com.
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
MM's wont get my shares this company is legit. Patience iwanna load up like the MM's at this price. i'm not worried about no r/s. Spending a few hundred dollars that can turn into many's thousand down the line is what i like. iwanna try and get some more shares at .0001 please sell guys more shares for me.
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quote:Originally posted by dap123: MM's wont get my shares this company is legit. Patience iwanna load up like the MM's at this price. i'm not worried about no r/s. Spending a few hundred dollars that can turn into many's thousand down the line is what i like. iwanna try and get some more shares at .0001 please sell guys more shares for me.
never knew that dilution = accumulation... think before spend even "few hundred dollars" and anyway - good luck to you...
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quote:Originally posted by JIF: They aren't diluting. They tell you right on their web site how many shares they have outstanding. And it's been the same for a while now.
I was sure about 5 billion OS before May 5th and after - boom - 7.4 billion... hey, not bashing - just waiting for PPS to go above .0001 - need to upload with min loses...
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posted
This thread is starting to sound like a bunch of school girls fighting for the same guy.I don't want to see numbers out from March of 2005 in stock terms that was a lifetime ago.I want to see numbers from this quarter.
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posted
they report quarter to quarter - you have to wait until August for new numbers. As for the O/S count - they are very good about updating the number on their website. If you don't want to wait for that either, call the stock transfer agent and they will tell you. I contacted them last week, it is, currently, the same O/S as listed on their website.
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