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Author Topic: DDSI 10Q out... revenues increase by 40.9 %
gatorhistory
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wait for the PR....
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StockInvestorExtrordinaire.
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Anyone think we'll see .0003 this week? Thanks

RB

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StockInvestorExtrordinaire.
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Thanks money! GLTU
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FARIMI
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I think if we have a good PR, maybe we can see more than that!
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Borknagar
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I think there won't be any good PR, and I don't know why people think that thing, I wish but to me there are no sings to believe in
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JIF
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volume is pretty good this morning.

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You can't afford to risk, what you can't afford to loose.

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Borknagar
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it is a very low volume considering that DDSI is at 0.0001,and unfortunately it only have more volume when is at 0.0001
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Schwabie
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Time & Sales most recent next page
Rec. Time Action Price Volume
10:23:42 AM Trade 0.0001 6000000
10:23:40 AM Trade 0.0001 9000000
10:23:20 AM Trade 0.0001 196500
10:22:12 AM Trade 0.0001 1500000
10:22:12 AM Trade 0.0001 1000000
10:22:08 AM Trade 0.0001 9000000
10:20:04 AM Trade 0.0001 5000000
10:09:56 AM Trade 0.0001 9000000
10:08:48 AM Trade 0.0001 9000000
9:49:12 AM Trade 0.0001 200000
9:49:10 AM Trade 0.0001 200000
9:30:58 AM Trade 0.0001 200
9:30:26 AM Trade 0.0002 250000
9:30:20 AM Trade 0.0002 250000
9:30:10 AM Trade 0.0002 745000

Still not filled at .0001

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All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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JIF
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This stock will have it's day again. I feel it in my gut.

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You can't afford to risk, what you can't afford to loose.

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Schwabie
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It is at .0001 BUT you cannot get filled at .0001... If we could there would be 1 billion volume at least... IMO. I would be the first to buy a truckload.

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All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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Chipmunk2k
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so where is the PR?
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FARIMI
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Anybody knows about US launching e-passports?
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gatorhistory
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guess they are late getting in to the office this morning or something [Razz]
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Schwabie
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FARMI

http://travel.state.gov/passport/eppt/eppt_2501.html

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All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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Schwabie
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This one is for the electronic passport:

http://travel.state.gov/passport/eppt/eppt_2498.html

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All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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Schwabie
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Security and Privacy of the e-Passport


The data stored on the chip is protected from alteration by the latest digital signature technology. As the Department of State implements this new technology, it will include passport features that will protect the security and privacy of passport bearers. We will share more information about these measures once testing is completed. The Department of State will not issue passports incorporating integrated circuits until privacy-related concerns have been addressed.

The Department of State is currently coordinating testing of components for possible use in the new passport. Once testing has ended and a final passport configuration that meets the security and privacy needs of our citizens has been completed, electronic passports will be phased in at all 16 passport issuance locations in the domestic United States.

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All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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FARIMI
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Finally back to .0002
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StockInvestorExtrordinaire.
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quote:
Originally posted by FARIMI:
Finally back to .0002

Nice to see green isn't it.

OT: take a look at ICOA. Had news out an hour ago. Quarterly revenues up 75%. Still a good buy at under .01. GLTA

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bksundar
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Till the bid is at 0.0002, ask is at 0.0003 nobody really gains... But the ascent towards that is certainly promising...
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gatorhistory
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August 21, 2006 - 12:01 PM EDT

Digital Descriptor Systems, Inc. Announces 2nd Quarter ‘06 Results
Revenues Increase to $1,233,729, up 40.9 Percent from Q2 ‘05

SEA GIRT, N.J. (EWORLDWIRE) Aug 21, 2006

Digital Descriptor Systems, Inc. (Pink Sheets: DDSI) – an industry leader in the development of Homeland Security -and other commercial security related products – today announced results for the period ending June 30, 2006. Revenues grew 40.9 percent to $1,233,729 from second quarter 2005 revenues of $875,513. Gross profit rose over 210 percent to $899,191 from $428,053 for the same period in 2005. All numbers are fully audited.

"We are pleased with the results of our plan to date," says Anthony Shupin, CEO of DDSI. "Our earnings before interest, taxes, depreciation and amortization are $221,785 versus a negative $214,124 in Q2 '05. Our immediate focus has been to achieve increased revenue along with positive cash-flow. results. This will enable us to sustain the company as we grow the use of our security products and services to more companies and agencies throughout the world."

DDSI CFO Michael Pellegrino adds: "Overall, we have a healthier company today than one year ago. Total six month revenues, compared '06 to '05 are up 277205 percent to $1,476,8132,104,693 from $532,2271,024,388, while gross profit is up 277 percent increasing $944,586 over the prior year. Operating income (income prior to interest, depreciation, amortization and taxes) increased from a loss in '05 of $373,902 to a profit of $109,184 for the same period. It must be noted that due to a change in accounting methods, the reported cost of the company debt has also increased by 132 percent. However, the actual impact on our operational cashflow has remained the same. Net loss for the period and year-to-date increased $215,942 and $516,938 respectively mainly due to an increase in expenses related to our debt."

In March 2005, DDSI acquired Somerset County, N.J.-based CGM Applied Security Technologies, Inc., a leading manufacturer and distributor of various Homeland Security products.

About Digital Descriptor Systems, Inc.

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 www.ddsi-cpc.com.

Its subsidiary, CGM Applied Security Technologies, Inc., based in Somerset, N.J., 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.

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, forward-looking statements can be identified 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 management believes 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. The company undertakes 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 the company, review its SEC filings.
HTML: http://newsroom.eworldwire.com/wr/082106/15310.htm
PDF: http://newsroom.eworldwire.com/pdf/082106/15310.pdf
ONLINE NEWSROOM: http://newsroom.eworldwire.com/305379.htm
RSS NEWSROOM: http://newsroom.eworldwire.com/xml/newsrooms/305379.xml


President/CEO
DDSI
Sea Girt, NJ, 08750
USA
732-359-0260 (phone)
732-359-0265 (fax)
tony.shupin*ddsi-cpc.com
www.ddsi-cpc.com

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bksundar
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What the hell are these numbers ?? Is this the CFO ?

DDSI CFO Michael Pellegrino adds: "Overall, we have a healthier company today than one year ago. Total six month revenues, compared '06 to '05 are up 277205 percent to $1,476,8132,104,693 from $532,2271,024,388, while gross profit is up 277 percent increasing $944,586 over the prior year.

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BuckyBarnes
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Sounds like a good PR....If they correct the fat fingers in the third paragraph..Have yet to see a copy of this PR show up on Scottrade ....

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"No nation was ever ruined by trade." Benjamin Franklin

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Schwabie
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I can't find the PR yet...

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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bksundar
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Get the news for DDSI in www.otcbb.com I am not able to post the site here...
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jon clogger
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Holy crap gator, your sources are good, I can't find it anywhere either. You must be on Shupin's private e-mail list.
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gatorhistory
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yeah, it should read '06 to '05 are up 277% to $1mln+ from 532k sumthing or other.
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Schwabie
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no news there either...

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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BuckyBarnes
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I see it on the OTCBB site..

"Mon, Aug 21, 2006

12:01 PM Digital Descriptor Systems, Inc. Announces 2nd Quarter ¿06 Results - E-World Wire "

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"No nation was ever ruined by trade." Benjamin Franklin

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bksundar
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Get a quote for DDSI in www.otcbb.com.
Then you will find it...

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tradinggal
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I show the news on Choicetrade with the same error also.

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I got nothin!

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gatorhistory
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yeah, it's on otcbb.com folks. just thought I would post it for everyone to see when it came out...

now if we can just get this sucker moving. [Razz]

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FARIMI
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I see it!!
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Schwabie
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Yes, got it, it kept showing yahoo stock not ddsi [Big Grin] We got the PR but its showing 1 trillion $ company lol... We need a correction !

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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FARIMI
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Looks like everybody froze with the PR.
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Barrharbor
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I just got off the phone with Tony Shupin who said that he had rejected the press release do to the errors and yet it somehow made it online anyway. Obviously, he was pretty disgusted with the news service and is working on gettng it straightened out immediately. The numbers do look good but the typos need to be corrected. Said he would call me back when errors are corrected.
GLTA

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