DPDW...Deep Down, Inc. OTCBB - Penny Stocks

jontar2b · Wed, 02-20-2008, 11:45 AM

Deep Down, Inc. specializes in the provision of solutions, installation management, engineering, support, and storage management products and services for the offshore subsea oil and gas industry, particularly in the area of umbilicals, steel flying leads, launch and control systems and pipeline terminations, as they relate to the development of subsea fields and tiebacks. The Company provides products and services through manufacturing, site integration testing, installation, topside connections to the final commissioning of the project. It also fabricates component parts and assemblies for subsea support distribution systems specializing in the development of offshore subsea fields and tie backs. During the year ended December 31, 2006, MediQuip Holdings, Inc. divested its operating subsidiary and subsequently entered into a merger agreement with Deep Down, Inc., which was accounted for as a reverse merger with Deep Down, Inc. being the surviving entity

Deep Down Inc | Innovative Umbilical & Subsea Solutions

jontar2b · Wed, 02-20-2008, 11:48 AM

New press release yesterday

OTCPicks.com Stocks to Watch for Tuesday, February 19thDPDW,SHMM, IRGB, CAMH

DEEP DOWN INCORPORATED (OTCBB: DPDW)

"Up 54.76% on Friday"

Detailed Quote: OTCPicks.com Microcap and Pennystock Picks, Featured Company Profiles, Stock Blogs, Stock News Alerts, Daily Market Movers Digest Newsletter, Stocks to Watch Newsletter covering OTC, OTCBB and Pinksheets stocks

Deep Down, Inc., an installation engineering and management company, operates in the offshore segment of the energy industry. It engages in the design, manufacture, fabricate, sale, and service of subsea equipments, surface equipments, and offshore rig equipments for use in deepwater, harsh environment, and severe service applications. The company's products include flying lead installation, maintenance and termination systems; buoyancy and rigging systems; high and low pressure testing and monitoring systems; latch systems; lay chutes; rollers; tensioners; and offshore storage and space management systems. It also provides installation management, retrieval, engineering services, support services, and storage management services for the subsea controls, umbilicals, and pipeline industries offshore. In addition, the company fabricates component parts, such as umbilicals, flowlines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems for subsea distribution systems; and assemblies that specialize in the development of offshore subsea fields and tie backs. It offers its services from the initial field conception phase, thru manufacturing, site integration testing, installation, topsides connections, and the final commissioning of a project. The company was founded in 1997 and is based in Channelview, Texas.

DPDW News:

February 15 - Deep Down Announces $2 Million in Contracts for Innovative Solutions

Deep Down, Inc. (OTCBB: DPDW) announced that it has been awarded contracts to develop and manufacture unique, innovative solutions for two separate major offshore oil and gas operators. Deep Down is currently designing approximately $1.5 million worth of innovative subsea installation equipment to address its clients' critical issues over the next several months.

The first unique innovation is a Subsea Accumulator Module (SAM), consisting of Subsea Deployment Baskets (SDB) with attached accumulators, a built-in steel flying lead, a J-plate, and a Remote Operated Vehicle (ROV) panel. Several of these units will be shipped. The SAM has been designed so that it may be transported without a wide load permit and set on a vessel. Once on the vessel, the wings of the SDB can be retracted, and the system will be pre-charged with pressurized control fluid. Thereafter, the SDB can be simply lifted off the deck of the vessel and placed on the seabed. Once on the ocean floor, the vessel will lift and pull out the built-in steel flying lead from the SAM with its own down-line cable. A ROV will be used to guide the steel flying lead from the SAM and connect it to the Hydraulic Distribution Manifold (HDM). The ROV will be further deployed to open valves, wherein the SAM will provide plug-n-play subsea accumulation capabilities to augment the existing subsea distribution control system with localized volume and pressure control features. The SAM will also serve as an anode skid, designed to carry additional anodes. It will be grounded to the structure in order to provide additional cathodic protection to the HDM. The entire SAM can also be easily retrieved and serviced on deck, further improving the ability to retrieve subsea hardware.

The second innovation involves the development and manufacture of a unique deployment system to install very fragile, small-diameter fiber optic cables in deepwater environments. This deployment system will greatly reduce the amount of stress on the fiber optic cable during installation. The particular project involves the installation of approximately eight miles of fiber optic cable in 6000 feet of water. The specialized equipment can be placed on an installation contractor's vessel with minimal effort and provide a safe, quick method of efficient deployment.

"It is gratifying that major oil and gas operators, installation contractors, and control suppliers continue to contact Deep Down to develop innovative solutions for critical subsea issues and applications. It is a testament to our entire staff, including our engineers, fabricators, and installation crews. One of our key strengths is our ability to take an idea from a sketch on a piece of paper to a full 3-D solid works model, through fabrication, and a successful first-time installation in a relatively short period of time, often within 90 days," said Ronald E. Smith, Deep Down's President & CEO.

Deep Down recently provided a unique solution for critical issues confronting a third oil and gas operator. The Company installed specially designed, fully autonomous umbilical jacking system to lift up an existing steel tube umbilical on the ocean floor, which was then re-terminated. The solution and procedures provided by Deep Down allowed the operator to bring the well back on line in a fraction of the time that was otherwise envisioned. Another specialized solutions team is scheduled to depart offshore with a recently developed kit to clean a deep water J-tube, with open segments in the J-tube. These two projects add another approximately $500,000 in revenue.

OTCPicks.com Stocks to Watch for Tuesday, February 19th DPDW

tradethechart · Thu, 04-17-2008, 07:03 PM

** DPDW Video Chart - 4/17/2008 **

Moving in the right direction...

Thoughts in video format ---> Trade without Emotion - Home

stockwhiz85 · Mon, 04-21-2008, 05:30 PM

wow!!! patience really pays off...should hold on tight more coz this one's about to go up to the moon!!!

tradethechart · Mon, 04-21-2008, 06:20 PM

Yea, I think you're right. I've always liked this one!

** DPDW Video Chart - 4/21/2008 **

Continues to move nicely after the $.79 break...

DPDW video for 4/21/08: Trade without Emotion - DPDW

Wed, 02-20-2008, 11:45 AM	#1 (permalink)
jontar2b Member Join Date: May 2007 Posts: 40	DPDW...Deep Down, Inc. OTCBB Deep Down, Inc. specializes in the provision of solutions, installation management, engineering, support, and storage management products and services for the offshore subsea oil and gas industry, particularly in the area of umbilicals, steel flying leads, launch and control systems and pipeline terminations, as they relate to the development of subsea fields and tiebacks. The Company provides products and services through manufacturing, site integration testing, installation, topside connections to the final commissioning of the project. It also fabricates component parts and assemblies for subsea support distribution systems specializing in the development of offshore subsea fields and tie backs. During the year ended December 31, 2006, MediQuip Holdings, Inc. divested its operating subsidiary and subsequently entered into a merger agreement with Deep Down, Inc., which was accounted for as a reverse merger with Deep Down, Inc. being the surviving entity Deep Down Inc \| Innovative Umbilical & Subsea Solutions

Mon, 04-21-2008, 06:20 PM	#5 (permalink)
tradethechart Member Join Date: Mar 2008 Posts: 23	DPDW Video Chart - 4/21/2008 Yea, I think you're right. I've always liked this one! DPDW Video Chart - 4/21/2008 Continues to move nicely after the $.79 break... DPDW video for 4/21/08: Trade without Emotion - DPDW

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Wed, 02-20-2008, 11:48 AM	#2 (permalink)
jontar2b Member Join Date: May 2007 Posts: 40	New press release yesterday OTCPicks.com Stocks to Watch for Tuesday, February 19thDPDW,SHMM, IRGB, CAMH DEEP DOWN INCORPORATED (OTCBB: DPDW) "Up 54.76% on Friday" Detailed Quote: OTCPicks.com Microcap and Pennystock Picks, Featured Company Profiles, Stock Blogs, Stock News Alerts, Daily Market Movers Digest Newsletter, Stocks to Watch Newsletter covering OTC, OTCBB and Pinksheets stocks Deep Down, Inc., an installation engineering and management company, operates in the offshore segment of the energy industry. It engages in the design, manufacture, fabricate, sale, and service of subsea equipments, surface equipments, and offshore rig equipments for use in deepwater, harsh environment, and severe service applications. The company's products include flying lead installation, maintenance and termination systems; buoyancy and rigging systems; high and low pressure testing and monitoring systems; latch systems; lay chutes; rollers; tensioners; and offshore storage and space management systems. It also provides installation management, retrieval, engineering services, support services, and storage management services for the subsea controls, umbilicals, and pipeline industries offshore. In addition, the company fabricates component parts, such as umbilicals, flowlines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems for subsea distribution systems; and assemblies that specialize in the development of offshore subsea fields and tie backs. It offers its services from the initial field conception phase, thru manufacturing, site integration testing, installation, topsides connections, and the final commissioning of a project. The company was founded in 1997 and is based in Channelview, Texas. DPDW News: February 15 - Deep Down Announces $2 Million in Contracts for Innovative Solutions Deep Down, Inc. (OTCBB: DPDW) announced that it has been awarded contracts to develop and manufacture unique, innovative solutions for two separate major offshore oil and gas operators. Deep Down is currently designing approximately $1.5 million worth of innovative subsea installation equipment to address its clients' critical issues over the next several months. The first unique innovation is a Subsea Accumulator Module (SAM), consisting of Subsea Deployment Baskets (SDB) with attached accumulators, a built-in steel flying lead, a J-plate, and a Remote Operated Vehicle (ROV) panel. Several of these units will be shipped. The SAM has been designed so that it may be transported without a wide load permit and set on a vessel. Once on the vessel, the wings of the SDB can be retracted, and the system will be pre-charged with pressurized control fluid. Thereafter, the SDB can be simply lifted off the deck of the vessel and placed on the seabed. Once on the ocean floor, the vessel will lift and pull out the built-in steel flying lead from the SAM with its own down-line cable. A ROV will be used to guide the steel flying lead from the SAM and connect it to the Hydraulic Distribution Manifold (HDM). The ROV will be further deployed to open valves, wherein the SAM will provide plug-n-play subsea accumulation capabilities to augment the existing subsea distribution control system with localized volume and pressure control features. The SAM will also serve as an anode skid, designed to carry additional anodes. It will be grounded to the structure in order to provide additional cathodic protection to the HDM. The entire SAM can also be easily retrieved and serviced on deck, further improving the ability to retrieve subsea hardware. The second innovation involves the development and manufacture of a unique deployment system to install very fragile, small-diameter fiber optic cables in deepwater environments. This deployment system will greatly reduce the amount of stress on the fiber optic cable during installation. The particular project involves the installation of approximately eight miles of fiber optic cable in 6000 feet of water. The specialized equipment can be placed on an installation contractor's vessel with minimal effort and provide a safe, quick method of efficient deployment. "It is gratifying that major oil and gas operators, installation contractors, and control suppliers continue to contact Deep Down to develop innovative solutions for critical subsea issues and applications. It is a testament to our entire staff, including our engineers, fabricators, and installation crews. One of our key strengths is our ability to take an idea from a sketch on a piece of paper to a full 3-D solid works model, through fabrication, and a successful first-time installation in a relatively short period of time, often within 90 days," said Ronald E. Smith, Deep Down's President & CEO. Deep Down recently provided a unique solution for critical issues confronting a third oil and gas operator. The Company installed specially designed, fully autonomous umbilical jacking system to lift up an existing steel tube umbilical on the ocean floor, which was then re-terminated. The solution and procedures provided by Deep Down allowed the operator to bring the well back on line in a fraction of the time that was otherwise envisioned. Another specialized solutions team is scheduled to depart offshore with a recently developed kit to clean a deep water J-tube, with open segments in the J-tube. These two projects add another approximately $500,000 in revenue. OTCPicks.com Stocks to Watch for Tuesday, February 19th DPDW

Thu, 04-17-2008, 07:03 PM	#3 (permalink)
tradethechart Member Join Date: Mar 2008 Posts: 23	DPDW Video Chart - 4/17/2008 Moving in the right direction... Thoughts in video format ---> Trade without Emotion - Home

Mon, 04-21-2008, 05:30 PM	#4 (permalink)
stockwhiz85 Super Moderator Join Date: Jan 2007 Posts: 239	wow!!! patience really pays off...should hold on tight more coz this one's about to go up to the moon!!!