Doug Lockyer

Riptide merged in 2000 with three other firms in a $15 M asset acquisition to create Digital Lighthouse, which launched its initial public offering in April 2000 on NASDAQ (DGLH). Shares started trading at $12.

Digital lighthouse, between constituent holdings, had a revenue of approximately $40 million when Riptide was absorbed into the mix.

Doug created the road show presentations, and formulated the internet strategies, as VP Internet Strategies, and as Group Creative Director, was responsible for launching the new brand.

Underwriters par value estimates at the time of the Riptide merger / acquisition valued the group at $9 per share. Within four months of aggressive road show and customer acquisition activity the share value grew to $12 by opening.

The enterprise accumulated over $80 Million in securities investment the first week of opening.

Sadly Digital Lighthouse became one of thousands of companies that fell victim to public panic and investor recoil after the "dot-com bubble" burst in April 2000.