-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RJySqBxVArlZPgZy5ipUN9a4IXU8z+PDo7c8nQ3s3ykVpEi70h5Gr3G5yaNjjDGQ ccVwFTA6BjgaIzBMPQuWUQ== 0000950129-03-005723.txt : 20031117 0000950129-03-005723.hdr.sgml : 20031117 20031117171706 ACCESSION NUMBER: 0000950129-03-005723 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031117 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20031117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VERDISYS INC CENTRAL INDEX KEY: 0001141197 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 223755993 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-64122 FILM NUMBER: 031008702 BUSINESS ADDRESS: STREET 1: 11650 IBERIA PL SUITE 201 CITY: SAN DIEGO STATE: CA ZIP: 92128 BUSINESS PHONE: 8586181085 MAIL ADDRESS: STREET 1: 11650 IBERIA PLACE SUITE 201 CITY: SAN DIEGO STATE: CA ZIP: 92128 8-K 1 h10749be8vk.txt VERDISYS, INC. - DATED 11/17/2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT FILED PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): NOVEMBER 17, 2003 VERDISYS, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) CALIFORNIA 333-64122 22-3755993 (STATE OR OTHER JURISDICTION OF (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER IDENTIFICATION NO.) INCORPORATION OR ORGANIZATION)
25025 I-45 NORTH, SUITE 525 THE WOODLANDS, TEXAS 77380 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES AND ZIP CODE) (281) 364-6999 (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) RECONSTRUCTION DATA GROUP, INC. 10600 N. DE ANZA BOULEVARD, SUITE 250 CUPERTINO, CALIFORNIA 95014 (408) 517-3305 (FORMER NAME AND ADDRESS OF REGISTRANT) ITEM 7. EXHIBITS Exhibit 99.1 -- Press Release dated November 17, 2003. ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION On November 17, 2003, the Registrant issued a press release, as set forth in Exhibit 99.1 hereto. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VERDISYS, INC. Date: November 17, 2003. By: /s/ DAN WILLIAM ------------------------------ Dan William Chief Executive Officer EXHIBIT INDEX Exhibit Number Description ------- ------------ 99.1 Press Release dated November 17, 2003. EX-99.1 3 h10749bexv99w1.txt PRESS RELEASE DATED NOVEMBER 17, 2003 EXHIBIT 99.1 FOR IMMEDIATE RELEASE Nov 17, 2003 VERDISYS EXPECTS TO ANNOUNCE RECORD REVENUES AND FIRST PROFITABLE QUARTER Third Quarter to be Announced after Market Closes on Wednesday, Nov. 19th HOUSTON, TX - Verdisys, Inc. of Houston, Texas, (OTCBB: VDYS.OB - News ), a leading provider of patented lateral drilling oil services will announce record third quarter 2003 revenues and earnings on Wednesday, November 19, 2003, after the close of the market. Dan Williams, Chief Executive Officer of Verdisys, said, "The expected financial results for the third quarter demonstrate the company's ability to achieve profitability in the first ninety days of commencing its lateral drilling operations. During the third quarter, the company utilized two lateral drilling rigs, which we expect to increase by adding seven new operational rigs by year-end. We continue to expand the number of rigs in operation, allowing us to meet the needs of major oil and gas companies." About Verdisys, Inc. Headquartered in Houston, Texas, Verdisys provides proprietary oil services and solutions for Energy Production Enhancement including patented Lateral Drilling Technologies and secure Satellite Communications. In the U.S. and Canada, Verdisys provides oil and gas companies with a patented lateral drilling service utilizing specially fabricated mobile drilling rigs. These services have had more than a decade of proven success in dramatically increasing the production of oil and gas wells. Verdisys has developed unique, high quality and cost effective satellite communication capabilities that provide energy companies access to remote sites to monitor and control applications involving SCADA (Supervisory Control and Data Acquisition) implementations in the areas of oil and gas exploration, production, power distribution and other energy management applications. Safe Harbor Statement: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are not historical, are forward looking and involve known and unknown risks and uncertainties, which may cause Verdisys' actual results in future periods to be materially different from any future performance that may be suggested in this release. Such factors may include, but are not limited to, the need to raise equity capital, the ability to obtain equity financing on acceptable terms, if at all, a severe worldwide slowdown in the energy services sector, working capital constraints, fluctuations in customer demand and commitments, fluctuation in quarterly results due to the timing of orders and our capacity to fulfill them, introduction of new services, commercial acceptance and viability of new services, cancellations of orders without penalties, pricing and competition, reliance upon subcontractors, the ability of Verdisys' customers to finance their purchases of Verdisys' services, the timing of new technology and product introductions, and the risk of early obsolescence. Further, Verdisys operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond Verdisys' control, such as announcements by competitors and service providers. CONTACT: Investor Contact: John Liviakis, Liviakis Financial Communications, Inc. (415)389-4670 or jliviakis@verdisys.com Company Contact: Dan Williams, Chief Executive Officer, Verdisys, Inc. dan@verdisys.com Media Contact: Sinan Kanatsiz, Account Executive, K-Comm, Inc. (949) 443-9700 or skanatsiz@verdisys.com Copyright (C) 2003 Verdisys, Inc. All Rights Reserved -----END PRIVACY-ENHANCED MESSAGE-----