posted
I agree. I actually have a couple of calls on my home answering machine! Can you believe that?! I'm very happy to see a real company trying to "be real."
If these guys are serious enough to track me down for a vote, then they are probably serious enough about the company. I like that very much.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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posted
Get ready for the reverse split. I really thought this company would come through and be a great pick but I'm dissappointed once again. Oh well. Next pick?
Posts: 339 | From: Canada | Registered: Dec 2005
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posted
Competence in spelling and writing in complete sentences should be a prerequisite for posting on a message board, otherwise you look like a jackass. Also, the 1st letter in someone's name should always be capitalized.
posted
Shareholders Approve Digital Descriptor Systems, Inc. Proxy Friday December 22, 12:32 pm ET Management Pleased with Support of Majority of Shareholders
SEA GIRT, N.J., Dec. 22 /PRNewswire-FirstCall/ -- Digital Descriptor Systems, Inc. (Pink Sheets: DDSI - News) - an industry leader in the development of Homeland Security and other commercial security-related products - today announced that at a Special Meeting of stockholders held December 19, 2006, the Company's stockholders approved a one-for-500 reverse stock split and a change in the Company's name to "Allied Security Innovations, Inc." In addition, they ratified the adoption of the 2006 Incentive Stock Option Plan. ADVERTISEMENT
"We are pleased with the majority support for our plan as described in the proxy," stated Anthony Shupin, CEO of DDSI. "An overwhelming majority of shareholders are behind our plan to grow our company. By adopting the Stock Incentive Plan, management is enabled to reward employees for significant contribution and outstanding performance. The name change, to 'Allied Security Innovations, Inc.' will provide a better market understanding for what we do. The approval for the reverse split enables us to re-position the company in the stock market, while allowing us to fulfill our obligations. The key to our success in the long term remains with our ability to increase our revenue, while controlling costs."
As reported, the total shares voted were 13,650,152,352. For Proposition 1 (Stock Incentive) votes "FOR" tallied 6,281,390,783; Votes "AGAINST": 1,121,419,104 with 219,680,918 abstaining. For Proposition 2 (Name change) votes "FOR" tallied 13,314,548,299; Votes "AGAINST": 294,549,444; and for Proposition 3 (Reverse Split) votes "FOR" equaled 11,542,081,354; Votes "AGAINST" 2,087,843,177 with 20,227,824 abstaining.
"We have had a clear indication from our shareholders that they approve of the management of our company, its objectives and our strategy," remarks Michael Pellegrino, CFO. "We have taken a positive first step toward a strong future."
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 http://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 http://www.cgmsecuritysolutions.com.
Safe Harbor Statement:
Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the Company could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors associated with our Company, review our SEC filings.
-------------------------------------------------------------------------------- Source: Digital Descriptor Systems, Inc.
Posts: 801 | Registered: Nov 2005
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Shareholders Approve Digital Descriptor Systems, Inc. Proxy Friday December 22, 12:32 pm ET Management Pleased with Support of Majority of Shareholders
SEA GIRT, N.J., Dec. 22 /PRNewswire-FirstCall/ -- Digital Descriptor Systems, Inc. (Pink Sheets: DDSI - News) - an industry leader in the development of Homeland Security and other commercial security-related products - today announced that at a Special Meeting of stockholders held December 19, 2006, the Company's stockholders approved a one-for-500 reverse stock split and a change in the Company's name to "Allied Security Innovations, Inc." In addition, they ratified the adoption of the 2006 Incentive Stock Option Plan. ADVERTISEMENT
"We are pleased with the majority support for our plan as described in the proxy," stated Anthony Shupin, CEO of DDSI. "An overwhelming majority of shareholders are behind our plan to grow our company. By adopting the Stock Incentive Plan, management is enabled to reward employees for significant contribution and outstanding performance. The name change, to 'Allied Security Innovations, Inc.' will provide a better market understanding for what we do. The approval for the reverse split enables us to re-position the company in the stock market, while allowing us to fulfill our obligations. The key to our success in the long term remains with our ability to increase our revenue, while controlling costs."
As reported, the total shares voted were 13,650,152,352. For Proposition 1 (Stock Incentive) votes "FOR" tallied 6,281,390,783; Votes "AGAINST": 1,121,419,104 with 219,680,918 abstaining. For Proposition 2 (Name change) votes "FOR" tallied 13,314,548,299; Votes "AGAINST": 294,549,444; and for Proposition 3 (Reverse Split) votes "FOR" equaled 11,542,081,354; Votes "AGAINST" 2,087,843,177 with 20,227,824 abstaining.
"We have had a clear indication from our shareholders that they approve of the management of our company, its objectives and our strategy," remarks Michael Pellegrino, CFO. "We have taken a positive first step toward a strong future."
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 http://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 http://www.cgmsecuritysolutions.com.
Safe Harbor Statement:
Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the Company could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors associated with our Company, review our SEC filings.
-------------------------------------------------------------------------------- Source: Digital Descriptor Systems, Inc.
-------------------- Up Up and Away! Posts: 225 | From: Minneapolis | Registered: Jan 2006
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posted
this pinches pelones sh!t Tony he stik R/S in their a$$ hope died choking. In his blood caus have3nt you know you these things make worse stuff huppenss to you.
Posts: 602 | Registered: Aug 2005
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quote:Originally posted by jon clogger: this pinches pelones sh!t Tony he stik R/S in their a$$ hope died choking. In his blood caus have3nt you know you these things make worse stuff huppenss to you.
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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posted
The 2007 outlook for this company. (1) A new name on the same exchange (Pink) that's to lure new investors to buy this stock.(2) Diluting loyal shareholder stocks back into the float, with some becoming restricted as incentive, to attract new employees to the company.(3) Same fundamentals & personnel that couldn't get it done under the old name, with no major contracts or (VC) Venture Capital. In a nutshell ( same car engine, new car body...lol ) In the words of Jim Cramer, this is a " Don't Buy, Don't Buy, Don't Buy "...lol GLTA ( Happy Holidays )
Posts: 25 | Registered: Nov 2006
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posted
I muss in way here. I see ya'll good fok makin fun of sumone speling. Maybe they ain't edyoucate lik us in texas is or maybe englis ain't they nativ lanwige.
BTW... Where is Upside, Wallace, and Rick? This is Dman from long ago and far away. Hope all is well with my old friends.
Posts: 1 | From: Grapevine, Tx 76051 | Registered: Jul 2004
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quote:Originally posted by Wino Ph.D.: I don't think the date has been announced yet. If I remember correctly they said it would be sometime in the 1st qrt 07.
posted
So, I'm seeing zero volume on my chart. Has the name changed, and if so, when will it update my ameritrade? What's going on with your trading windows?
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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