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Copy of Post by Wilf on other site.... YEARS of Great Potential here......
From Wilf
There is a lot happening right now, and we are on the verge of some great stuff.
Update on the sonar search: We went over the Kirby site and at first we were only hoping with our fingers crossed, but every Mag hit that Billy had was verified after we integrated the 2 overlay maps. We will be airlifting again tomorrow weather permitting, and the deep water guys are out again tomorrow.
Capt. Joe and the crew are laying down fiberglass as I write this, Kerri and Steph and Peter are working over there. Slovak Joe ( SloJoe), our new diver who used to work for Fishers, and Karli are working on the boat I had to get to replace the Mako. We lost a motor on the Mako and it will take several weeks to have it rebuilt, so I picked up another boat to work the Aqua Gems Survey in 2 weeks. It was not in the budget, but we got a good deal on it, so that is life.
We picked up another 185 compresser for the air lift on the Miss Delaina, Cohwen will be setting that up next week and then we will have 2 airlift boats, the deep water guys will take over the new fast boat once Cohwen gets the Mako back on the water. We got a lot of use out of that boat and it has served us well.
I need a name for the new boat, any suggestions? I was thinking about maybe Deep Diver, but give me some ideas, I want the name by Friday night.
On the stock issues. I put 50,000,000 shares of my stock back into the treasury to raise money with as I needed to make sure that there was enough to get everything finished. I have sold another piece of property, but the cash won’t hit the bank for at least 60 day, so we need to keep going forward. I know it’s hard to watch this at this time, but this price will lift; every day it gets better here and we are going to put stuff on the deck soon. Also the DR contract is really good for us.
Now about the treasure wreck vs non treasure wreck. Look at the articles about Tracy Bowden in National Geographic. Two of those 3 wrecks are not treasure wrecks, but all the best gold, silver and artifacts came from them. The estimated value of the wrecks we are going after is very high, almost as high as the Atocha, when you consider all avenues.
Also, the other side of this thing is the value of the stock. If we pull up anywhere close to the Atocha over the next 5 years this stock will be much higher than it is now.
I will write more about values of recovery on a different day. I honestly think we are just knocking on the door and the handle is being turned from the other side to let us in.
Deep Blue is going to be one of the most successful companies in this industry soon.
As far as the question about Tracy Bowden not bringing this wreck up himself if it was any good. Mr. Bowden is 69 years old and ready to retire in a few years. He is committed to 3 other wrecks right now, and as he says, there isn’t enough time left for him to get to everything he has found. He has worked these waters since 1975, and has discovered more wrecks than any other man alive. He has had the exclusive contract for his area which covers over 1200 miles of shoreline since 1975. He can not possibly do it all in the rest of his life, and I know I won’t do it all in the rest of mine, but no one else can recover a wreck in his areas. They are protected by the Navy and if you pick up one thing from the ocean floor in his area you go to jail. It is estimated there are 1200 wrecks in the waters in his area. We have the equivilent of a level 7 permit there: we dive it. film it, map it and bring it up. It then is logged as our discovery by the Navy officer on board our boat, it then goes to the government head reclamation and restoration facility, they restore it, and we pick up our share ( and it is significant but not to be released to the public) every 30 days, or every 60 days or every 90 days whichever we decide. The government gives us an export certificate and a certificate of authenticity and ownership, and we bring it home.
I love this deal, and I want to see our shareholders diving with us and loving it too.
This is the best possible deal in the world for us at this time, we will be working hand in hand with the absolute best wreck diver in the world today.
He has done it all and still does it all every year. Somebody on the blog said is this the big news we have been waiting for? There is none bigger, we were chosen over several other companies, and we are very lucky to have obtained this contract. This is the best possible thing in the world for Deep Blue Marine Inc. and her shareholders.
Love my Job
Wilf Blum President DPBM
PinkE.. nice! I like it :) eom.b
It is worth noting that level II has always stayed cautiously 'strong' with this issue. A little buying and we'll be over .03 and not far from .04... if the selling is dry of course... Someone picking up some shares on the cheap this morning....smart money!
b
MadM.... I have no idea what the short interest is here..nor what the naked short interest is....although considering how many pinks work, and the fact that dpbm jumped far/fast, it wouldn't surprise me if those who play the game are in big on this one.... up until very recently, we didn't have much....now with so much good news it is apparent that dpbm won't be going BKrpt and they won't be walking away from a stock that just disappears ...as does happen. Imagine being many millions of shares short and having to cover should they announce what is really down there!...or what the mystery site is if financially solid!... etc... stock could run a bit, the world media will get involved, new investors will decide to get in.... and those who must cover might help put the squeeze on for us......
just thinking.... but it would be a lot of fun..!!
b
Gulf... of course... my point was not a comparison, rather the obvious potential based on current position.... What happened with them, could happen for us and the stock will react...
thx,
B
Mike.... I agree with you. I can't help but think about how OMR dropped from $6 to about .06 as of '01....then guess what? They nailed one!....then another...then a big one! and the only reason their stock is not $15 - $20 right now is because of Spain...
sure we have a lot more shares...but I think it is very reasonable to think we'll see a nice return here from these levels as they begin to announce what's coming up and what there is to work on for the next 10 years..... a good time indeed in my opinion...
b
DBrunner....
If Mike removed it, I won't reprint it... it was just poking fun at some of the thoughts surrounding the press release this morning........ perhaps he thought it was too 'smartass'..... but I thought it was on the money...and funny!
Put it back Mike! :)
b
Yardboy...your're funny! RELAX! If you have a stroke you'll miss out on the big run coming up!...... or going bankrupt... (just to freak you)... either way, it's just money and not worth your health..... Remember, the ocean's are full of riches and the graves of those who wanted it....and ultimately nobody got to enjoy it because of their greed.......perhaps it will come up for us......
take a walk, smell the roses.... love life! not the money...... I work around a lot of very wealthy people who are for the most part... worthless.
B
Good One Mike! eom. :)
I remember reading once that 'capted' said that he had spoken with Wilf about the 'down south' plan and that is was a very good one... perhaps it is actually that, a plan. If Wilf is positioning himself to work with and around those who are famous in the industry, have wrecks to dive and have the locations already wrapped up..... sounds like a smart plan to me. Seems to me that this is just the first part of any plan, an agreement. It gives no other details like when they start, on what will they dive, how much they can make etc.....
I think it is great news! personally. It will help to make a name for DB and guarantee work for a while. If no money in it, I would imagine Wilf would not go after it.......
I would also bet that Wilf knows the importance of getting treasure up from the other site to tell the world about and shine up the image a bit.... all in time, legal and safe... Probably soon....
B
Its Quite likely the big number at the end is a grouping of smaller trades that occurred during the day and are just being 'posted' together.... It is very common in pinkville..
b
Yardboy... true, it is not. 2 years ago you bought hope, hype and more hope....
Today you are buying a company that IS on top of treasure, has permits, will have more permits and has more targets...enough for years. It has been said they have more treasure than most companies will find in a lifetime.... still to be proven but I do believe it.... which to me says time to average down.... if you have enough averaged down close to this range, you can still make a profit....and if we are really lucky and capted's vision of .50 by year end were to come true...even better!
Soon enough we'll know... :)
b
If you believe, its still time to buy. I do, and I do... :)
b
Yes DB, I am looking forward to seeing him free and watching him run too.... Go Randy Go!... :)
b
At least positive is the fact that WHEN we get some shiny news, the stock should move pretty good for now..... Level II shows not too far from .04 and its been staying that way....some solid buying and it'll get above that fast.... in fact .05 is not that far off if we get steady, solid buying....
b
I know quite a few watching/waiting too.... if they put out some good press, we'll have a bunch coming on-board.....
b
capted... just curious if you can tell us more about the wreck site as you saw it... you said it is spread over an area...is there much left of a ship?... flat bottom there or on a hill or ??
Just learning and excited! :)
thx,
b
OK! Maybe this will be our week to bring up some treasure and tell the world!... Can't wait to hear what's on that wreck!..... many are watching and waiting...TELL US SOON! :)
b
oop...sorry, spelling. :( Must be supper time! :) b
You are correct Sonofasailor... they have to in advance...that way they can not manipulate and take advantage of what "might" be coming up...
In this case, I would imagine Wilf got caught off guard a bit by the price not staying up. He prob had no intention of selling so many shares, but what do you do when the price is .02 and not .10...? You sell 5 times as much to cover the bills. Best thing would still be all out on treasure, to the surface asap and tell the world...then it'll go back up.
I do believe their is likely naked short interest here too..... too much of it going on to not include this company which ran way up in price with nothing going for it at the time.... NOW they have something(s) and if played right (which means press regularly and honest updates too)... we will get the boom we want....probably more...
jmo...b
I think we'll be hearing something soon...
MAXJDA... I agree. We could dig up the negative on any company and tear it apart thus....but as capted has pointed out, it appears Wilf is learning a few lessons, IS diving on and currently bringing up treasure, picking up a new boat to grow the company and ability...has new divers capable of doing the work...and knows how to sell it to the media when the timing is right....
All in all, I think we are at a very good time to 'in' and not out. Each must decide....but the shorts will attempt to take all they can in the hopes this fails still. Bring up the treasure and show it to the world, and it should all be fine....
b
Maybe "todays the day" to get a PR for the weekend? ! :)
b
Sounds like good news to me. If they don't need the DScam, get rid of it and use it toward financing the operation at hand that can move the stock and get the world involved with DBlue.... seems to me priority No. 1 should be proving the site, bringing up some stuff and showing it off to the media, thus the world. From there, DBlue will have a lot of options and more money to work with....
jmo...b
Regular Photos posted... I agree, good idea.
b
MAXJDA... I would agree. Those who short stocks like this are very aware of the situation of a company. DPBM went high last year when 'pumped' a little... but did not have the goods.
Easy for them to naked short with the hopes that the company will not come up with anything and be driven to fail. The vast majority of the time, they succeed and can walk away with profits...sometimes all of it if the company goes down.
From time to time however, they guess wrong. If DBlue has a nice wreck on their hands and Wilf plays it right (he is aware of the potential short positions), he can force a squeeze that will be great for us, and very, very bad for anyone with a huge short position if it exists..... For all of us, I hope so. But he can not wait to long because at these prices every day, even shorts can cover easily. We need the big news soon, and media to go with it, to force the issue and see what happens..... could be a lot of fun for us! :)
B
I don't know, but like to assume that Wilf is putting together a plan for media, filming retrieval, signing non-c agreements with divers ... maybe there are permits to get... just don't know... but he knows how to do media and I would assume that will be part of the plan... If done right and hauling it up goes on the news with the shiny stuff being shown..... it would be fantastic exposure!... After the Odyssey discovery, every station will pick it up. I would imagine putting it all together takes a few days.....
But we are ready... yesterday :)
B
A good site to get up to date on porcelain... over 1200 marks with history and dates... holy cow!... I have a lot to learn.... but some of it IS extremely valuable and in demand... that is part that is good for us...
Lets hope they have boxes full of it....
Show us some shiny too!
:)
B
http://www.gotheborg.com/
Great point Mike that I forgot too.... Quite often the numbers are counted double...and many times lumped together to catch up...thus very large chunks appear to move at one time...Thanks for that reminder... could even explain away a 1/3 or more on busy days....
b
It just seems to me it would be logical to 'take care of business'...whatever it takes at this point, to bring up the shiny stuff... THAT is what will get the attention to move this thing... if we get to .10 for example... the company would have to move 1/4 of the shares it needs for operations...and if done quickly and correctly, I think we could be there quickly! Especially if there IS treasure. I believe captd that there is, now it rest with the company to get on it....and get it done. Unless the seas are bad, one would think the shiny stuff would be the first thing to bring up..... unless this is a formal recovery, thus put out the nice porcelain first.... :( Sooner would be better than later.
jmo...b
Not much between us and .04 really if selling stops... a little news would push. I know a few groups planning on buying in as treasure announced...... we'll see some volume.
Not much between us and .032... a little good news or NO SELLING and we'll be there....love to see some underwater pictures of exactly what they see and how it is piled up! Must be incredible....
OT: those of you who got in on HABE when I mentioned it at .09 have had a nice run :) ... its on its way to $1 or so... they have A LOT going on ....worth billions... hold 3 years and it'll be $5 or higher.. amazing technology, life saving too....
jmo...
Yes I agree.... no reverse or its all over. Work for the loot, bring it up and buy back shares... will add a lot of value back to the company and allow them to continue forward with heads up and all watching with envy of the 'little engine that Did'!.....
One good wreck and well invested back into the company to retire a few shares and the stock will do just fine....
imo...I don't think any reverse will happen...
b
bullmaster,
Legit owners of stock do not lose their shares with a cusip change. Below is a link to an example of what one company did to try and force a situation with shorts they believed were keeping them down. So far, has not helped them...but they did it at the wrong time....no revenues or solid news to report really. If it were done around the time of announcing profits and / or big contracts... it can be more effective. I doubt dpbm has any plans of such... it was just an idea to try and cut out those who have helped drive it down... the price was high for a while and they had nothing ..... and the shorters know that... they are VERY smart and make a lot of money.
If Wilf's news is big enough and other news follows to support...and media too... it might just be enough to force any shorts to cover. Asssuming some have shorted from the highs...they have some room to wiggle for a while. Don't know...just blabbin.... Bring up the Loot and we'll at least get a nice bump...
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2007%5C05%5C18...
The investors watching just want to hear the magic words... silver, gold... pottery is nice, but the pirates used to leave it behind for the same reason.... Show us the 'honey'.....
Looking forward to this week. I know a few folks planning on getting in serious...
Seems like if they announce the treasure, an idea of how much, an idea of how long to get it all (if they can estimate ... like end of year, a few months...), a little later add some more information about other permits, other sites, other possibilities or joint venture.... just enough to continue to whet the appetite.... and not sell too many shares... we just may go up and up for a while.... Love to see even 1/2 of the .50 hinted at. With the right kind of media attention in connection with other treasure news.... we could really shoot up.
would be fun! Either way, I am looking forward to hearing about the find and seeing some pictures....
B
The large numbers after hours are often a grouped number of many trades that did not get tagged during the day.... it could be 15 or 20 trades that total up and they just post it at the end.....
Always a possibility here is naked shorting... it does happen and it can kill a company.... prob is, if we have treasure and there is a lot of value, it can kill the shorts as the price moves up. A naked in a lot of trouble can continue to flood sales to make any news look meaningless and thus discourage investors who are expecting a rise. There are a number of ways to fight back. Continued solid news and solid recovery of Gold, Silver and artifacts of value will make a huge differece... and idea of HOW much is there will also help solidify in investors minds that there is value..... the company could also do a cusip change...reissue the shares under a changed name and all old outstanding shares become worthless.... often this can create a squeeze that shoots the price up... it has happened...it could happen here IF such is the reason... the company has issued a lot of shares... but not too many IF they have a big treasure find and others out there... if they play the valuations to the media right, we could get a nice bump from this. I know for a fact A LOT of new investors are learning about and paying attention to dpbm and the treasure idea... Should be a great summer!
jmo..
B
I am an investor and am very excited about what we are waiting to hear..... hopefully this week as has been mentioned....and hopefully an idea of how much there really is...
I have been doing my reading to see just what really is on the bottom... admittedly as a novice in the field of treasure hunting, I did not know very much regarding how much is really out there...and it is amazing! I had no idea.... here is a site I found with some big ones....but there is a LOT more.... we just need a couple of them....or one good one.
Safe diving this week and hope to see something come up!
http://www.treasurelore.com/florida/treasure_ships.htm
capt... curious... if the only reason the DScan is being outfitted is to move to a new location, would it be faster and cheaper to just have it hauled down there? or are the modifications necessary for other work either way?
Thx.... just learning...
B
Bell, What exactly is your reason for being here? If trying to scare people away, won't work. If trying to save investors from themselves, won't work. This is a treasure salvage operation, an unreporting pink and with a past...... ok.. so what? When you go to Las Vegas do you actually believe each time that you are going to beat the house? If so, you're an idiot....most people lose. This case is different however because the tables have turned in favor of the investors. True we still have to wait and see if the treasure comes up, but why would those in the know (and they are) lie about it? Why would some who were running away from this, be buying back in?.....and in decent quantities?..... soon enough it should all be clear.
If you don't like it, just stay away and wait. If true, we'll be in the news, if not, you can come back and say "I told you so"....but nobody is leaving at this point.....
They pull up some nice treasure and announce a few other wrecks with value attached, buy back a little ... it'll still be a nice return from here for investors....
I think we'll be ok. Sounds like news soon....
dive safe!
b
Nice to be here... RB is a basher controlled (poorly educated for that matter) site.... it will be nice to be away from the smell of trash....
GRSR: I am very excited about this stock and have added to my position. '07 is looking as though it will be a very rewarding year for us all.
b