DIDA: looking for merger, 2.29mil O/S
Fully SEC compliant with 2.29mil shares outstanding.
Digital Data Networks, Inc. a wireless, passenger communication and
advertising company, is principally engaged in development, design,
installation and operation of the "digital information network", a
network of computerized electronics message displays that deliver
current news, information and advertising to riders on-board public
transit vehicles.
Spoke with Rick Boeglin, (CFO-214-969-7200). They have been looking for
a merger. They own 150,000 shares of ISNI (currently $3) on their books
at $1 per share from a previous attempted merger. One shareholder,
Kevan Casey, has been buying shares in the open market and now owns 9%
and is the largest shareholder of the company. He is meeting with the
company soon to discuss details of a merger. Casey filed a 13G on
1/19/2000 stating that he now has 9.9% of the stock.
SEC FILINGS
freeedgar.com
10QSB 9/30/99, Filing Date: 11/12/99
As of September 30, 1999, 2,314,597 shares of Common Stock and 1,840,000
Common Stock Purchase Warrants were outstanding.
Complete Financials: September 1999 Exchange OTC
ISSUE DATA (03/03/00) PER SHARE DATA RATIOS
Price $ 0.38 EPS (TTM) $ -0.07 P/E (TTM) NM
52W High $ 1.02 Div. Rate $ 0.00 Yield 0.00 %
52W Low $ 0.06 Book Value $ 0.13 Price/Book 2.96
Shrs Out 2.29 Mil Cash $ 0.14 ROE (TTM) -51.58 %
Float 1.90 Mil Rev (TTM) $ 0.25 ROA (TTM) -22.85 %
Mon. Vol 1.00 Mil Curr. Ratio 2.38
Beta -0.25 LT Dbt/Eqty 0.57 |
