DPDW Frequently Asked Questions
Q. What is the ticker symbol for Deep Down's common stock, and where is it traded?
A. Deep Down's Stock ticker symbol is DPDW, and is traded on the Over-the-Counter Bulletin Board (OTCBB) exchange for fully reporting companies.
Q. Whom do I contact for DPDW investor relations information?
A. investor relations
(281) 517-5000
e-mail: ir@deepdowninc.com
Q. When is the next earnings release date?
A. DPDW will release 10-Q (quarterly) earnings report for the three months ended March 31, 2010 on or near, May 15, 2010.
Q. How many shares are authorized for DPDW?
A. 490,000,000 shares class A common stock are currently authorized.
Q. How many shares are outstanding?
A. As of December 31, 2009, there were 180,450,630 shares of common stock issued and outstanding; of that total, there are approximately 63 million freely trading, or "float" shares.
Q. When and where was Deep Down incorporated?
A. The current and primary operations of the Company were incorporated in the State of Delaware on April 17, 1997. The Company acquired Deep Down Inc. on November 21, 2006.
Q. How can I receive DPDW literature?
A. Copies of DPDW literature can be obtained by requesting an investor's information kit. Real-time information on the company's progress, including press releases and occasional letters from management, is available by signing up for our Deep Down e-mail list. We also respectfully urge you to review our SEC Filings, or telephone our investor relations office at (281) 517-5000 .
Q. Who is your accounting/auditing firm?
A. PricewaterhouseCoopers LLP (PwC)
1201 Louisiana; Suite 2900
Houston, Texas 77002-5678
www.pwc.com
Q. How do I transfer my DPDW stock or change my address for receipt of shareholder materials?
A. Stock transfers and shareholder updates (e.g., stockholder records, transfer, change of address, etc.) can be coordinated by calling investor relations or through DPDW's transfer agent:
Standard Registrar & Transfer Co., Inc.
12528 S. 1840 East
Draper, UT 84020
(801) 571-8844
Q. Does DPDW currently offer a direct stock purchase plan?
A. No, DPDW does not currently offer a direct stock purchase plan.
Q. How do I buy stock in DPDW?
A. Simply contact any reputable, licensed broker, and instruct them to buy DPDW shares on the OTCBB Exchange. Additionally, you can also trade DPDW shares over the internet at any of the on-line stock trading web sites.
Q. What is the size of DPDW's work force?
A. As of December 31, 2009, DPDW now fields a workforce of more than 159 engineers, technicians, machinists, welders, mechanics, and many other professionals in a variety of fields, to provide the most reliable and innovative subsea and deepwater offshore solutions available.
