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That is incorrect. It does matter what is posted here. When I see what I consider misleading half baked nonsense posted here? I challenge it. That is the purpose of conversing the exchanging of perspectives. It allows for a healthy exchange of information. It also allows readers of this thread to see for themselves who is saying what and therefore has or has not established credibility.
Dilution is nonsense ?
Really?
Well EVERY SINGLE TRADER I know will tell you that kind of thinking will land you in the poor house in short order.
The problem with selling stock to fund operations is that SOME PINK SHEET companies find out its easier to sell stock than it is to build a business.
You at one time worked for a pinksheet company that was more interested in selling stock. We both know that one is STILL A MESS.
Do you have any evidence they have left the dock?
Any evidence they have paid their Bill?
Did you call the Marina for confirmation?
Give us the name of the person you talked to and the date and time and what was stated.
Don't say that "find it yourself thing" as I am ASKING you.
WRONG.Your comparison of mexp to gm doesnt hold any water.
Shareholders got fleeced there as well.
Q: We bought shares of General Motors right before it went bankrupt. We paid $7.80 a share, and those are now worth pennies. How can they do this to us and turn around and sell new stock?
A: Investors who buy shares of a company just before bankruptcy, and lose practically everything, can't help but feel burned when the company re-emerges.
Your question is the same one I get all the time regarding many other companies that enter bankruptcy protection, wipe out shareholders, and then re-emerge sometimes successfully. One of the classic example of this is Kmart. Some investors who bought before the company's restructuring, only to watch it re-emerge as Sears, fumed for years.
One need only look at where the negativity originates.
Due diligence and holding management accountable is what this is all about.
It all emanates from the mouths and typing fingers of the management of this company.imo
Comparing triple zero priced NON REPORTING pinksheet scam mexp to General Motors.
WADR, that is THE most assinine thing I have ever seen.
In a word?
EVERYTHING.
You must mean after the reverse split when it went from 1.50 to .30 cents. (Thats being generous). The real 52 week low is .0003.
This pig is being diluted bigtime. Wake up and smell the coffee.
Those running DPBE are ripping off the public.I have heard more than enough to convince me of their lack of integrity. I do not care to hear anything more from them.
I do not tell anyone what to buy or what to sell either. so what?
So you think you are working them ? Let me clue you in,they are working you. JUST like they are, ALL SHAREHOLDERS.
MY OPINION.
The SEC's opinion too.
IF ,IF , IF....
This is not Blum's first offense. This dirtbag has been honing his scumbag craft for over a decade.
A drunk gets a dui. Its not like he got busted driving the very first time he overindulged. No NO NO the drunks been doing it for years, only the odds finally caught up with him.
DO YOU GET IT YET?
The guy is a scumbag.
Wake up dude I am not the subject here. WILF BLUM is.
So why not wait for the official SEC notification. Lets not listen to the words uttered from the lips of a liar a cheat a crook or a conman.
Like I have been saying its still in litigation. Until such a time as it no longer is.
This isn't rocket science.
Try to understand what is posted, Not what you want to be said.
I said the form 4.
I did not say item number 4 in the sec litigation release.
Pay attention.
Risicare you see the from 4 filing representing the 504 offering documents blum and his cronies authorized?
Namely Blum cronies bill shupe and dwain allred. Jack rasmussen was part of this mess too but I guess was a silent party to it.
You call that dd? A newspaper article? ROFLMAO...
Where on God's green earth does it say he made no money? That is complete NONSENSE.
Seeing as how YOU brought it here . did you bother to READ IT?
....In its complaint, the SEC is asking the court to issue an order directing Blum to disgorge all ill-gotten gains. It also is asking for it to bar Copper King, Dotson and Blum from violating securities laws and from participating in any offering of a penny stock in the future.
What part do you find SO DIFFICULT TO COMPREHEND?
CLASSIC BLUM DENIAL Dotson couldn’t be reached for comment Friday. Blum, however, said he just made a mistake.
All I was trying to do was raise money to help keep 150 families working. So if that is a sin, then so be it."
I find this all pathetically disgusting. MY OPINION.
My mexp level II is just fine. All I see are mexp trades, but hey call em whatever makes you feel better about buying into this diluted pig.
I rely on no one but myself, I find most others to not be anywhere near as thorough as I am. But thanks for offering.
Did you ever follow up on your misinformed statement that there were no paid promoters on mexp?
From back on 3-29 pertinent today, imo
Quote:
No one seems to want to talk about the 6-ton pink elephant in the room.
39,649,200 shares traded today.
27,835,000 of those were at the lod, .0004.
Who would be selling at this price? Any ideas?
Someone with access to zero cost basis shares.
Commonly referred to as the ISSUER. JMHO
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73848360
Its all just the facts about dpbe its founder, his actions etc. Simple really.
If bubba wants to serve em up to me like that? I have no problem knocking em out of the ballpark.
If .0005's are a mexp gift.
Wow. what a mexp sales party we got goin here.
Overwhelming Majority of mexp bid whacks today.
Probably means nothing.
lol
It requires a little bit of knowing what you're looking at.
The complaint charges Alexander Lindale and Blum with violations of Section 5(a) and 5(c) of the Securities Act and Section 15(a) of the Exchange Act. The complaint seeks injunctive relief, disgorgement, civil penalties and penny stock bars from defendants.
So until there is a final outcome of what the SEC is seeking against dpbe's founder and his alexander lindale so called i/r firm.
The case against BLUM is STILL IN LITIGATION. The SEC does not leave anything unanswered.
Let me ask YOU a question.
If as YOU claim, all the SEC troubles regarding blum have been dismissed , why hasn't wilf taken back the CEO position at DPBE?
Because its all still PENDING.
MY opinion. And once again, you know why I reach the conclusions I do.
I take a common sense approach.
Look On the SEC.gov website:
Look for the word LITIGATION
Have YOU even read the SEC complaint against blum.
When the case is settled the details will all come out. I totally understand why people want to go after wilf. I think the many reasons why are VERY well documented.
Specifically the detailed SEC complaint filed has all the gory details of what this crook did.
Quite honestly? I would have to question the judgment of anyone that doesn't find wilf'S ILLEGAL activity as outlined in the SEC investigation apalling.
jmo
HAD SOME INVOLVEMENT? Illegally selling 12 million dollars worth of stock on the unsuspecting and pocketing 3 million dollars personally is just a walk in the park to you?
Google, there is a lot of information out there for those willing to put in the time to investigate and for those that can fully utilize the capabilities of the internet.
Go back and read all of my dpbe due diligence. All my sources, names, links, press releases, financial reports etc are usually attached in my postings, unless its been linked so many times already, I figure its no longer necessary. If you still have questions, then ask.
26,510,000 in volume ...last trade hours ago.
mexp .0004 x .0005
THEMS THE FACTS.
Be sure and verify them. lol
Now perhaps the reality of what has been posted here regarding mexp is settling in. You all know where the experienced treasure hunting opinions came from. Great job.
My opinion.
Thank you vf for pointing out mexp's MIS-statements ...if it weren't for someone holding these people accountable for their statements?
No one would know.
Because it looks to me like no one here is holding mexp ACCOUNTABLE
for anything.
Its not easy taking the heat that goes along with a contrarian position.
But lets face it. Facts is FACTS.
Like there is any doubt of where my dpbe info comes from??
So we can now all finally talk about the mexp float numbers with two as of dates.
capted you post this from the otcmarkets which we know the company can input the numbers and dates themselves.
Misleading float information channel as the float numbers you are stating are from back in DECEMBER OF LAST YEAR.
Shares Outstanding 593,302,644 a/o Feb 21, 2012
Float 282,728,351 a/o Dec 31, 2011 5 months old
Authorized Shares 1,600,000,000 a/o Apr. 12, 2012
As most savvy microcap traders know, 5 MONTH OLD FLOAT numbers on a pinksheet listed company are so irrelevant and outdated it makes them essentially useless.
You should at least state the numbers are as of december 31 2011.
So much for your OFFICIAL otc report:The company put up the information through the otc markets secure login.
Anyone who has actually been to the otcmarkets website can clearly see the UPDATE COMPANY INFO button on the page:
Info for Companies & Advisors — Update Company Information
* Overview
* Products
o OTCQX U.S.
o OTCQX International
o OTC Intelligence
o OTC Disclosure & News Service
o Advertise on otcmarkets.com
o OTC Toolkit
o Vendor Services
* OTC Tiers
o OTCQX
o OTCQB
o OTC Pink Current
o OTC Pink Limited
o OTC Pink No Information
o Upgrade Your OTC Tier
* Info – Companies & Advisors
o OTC Company 101
o Get Quoted
o OTC Company Reporting
o Update Company Information
o Service Provider Directory
o Prohibited Attorneys
o Company & Advisor FAQs
In order to update your company information, you must first complete the contact information form below. OTC Markets Group Inc. may contact you to verify data changes. If you are an OTCIQ subscriber, you must update your company information via the secure OTCIQ website.
Contact Information (All Fields Required)
Company Trading Symbol
Company Affiliation
First Name
Last Name
E-mail Address
Phone
It is not speculation. Name, date, and numbers provided were relayed UNSELFISHLY here by VF.
Did YOU call the t/a to verify?
But hey,If you want to challenge the data, Challenge ALL OF THE DATA.
How is it STOCKHOUSE has the IDENTICAL numbers? You made no comment about those numbers, why is that?
Explain stockhouse's MEXP share structure data, an mexp PAID PROMOTER REPORTED THE EXACT SAME SHARE STRUCTURE NUMBERS.
MEXP Share Structure:
.......The Outstanding Shares are 593,302,644 and the Float is around 100,000,000 with Insiders holding a great position in Marine Exploration, Inc.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72665980
Certainly your choice.
I prefer to go by what makes the most sense.
Did you yourself ever bother to call mexp's transfer agent to confirm or deny the information provided by stockhouse's PAID PROMOTIONAL announcement, and also from the call and subsequent mexp data placed by Veronica Fox ? There was certainly plenty of time to do so before the gag was placed.
I would venture to say the share structure number: 593,302,644 a/o Feb 21, 2012 is NOW significantly higher GIVEN the t/a gag, the a/s increase, the paid promotional email alerts, and the corresponding significant increase in mexp volume last week.
I will continue to present my data and lets just let READERS make up their own minds.
FYI, I do not ever file frivolous SEC complaints.
MEXP Share Structure
Shares Outstanding: 593,302,644 a/o Feb 21, 2012 Those numbers direct from Michael at Madison Stock Transfer Inc prior to the company placing the gag order preventing madison from releasing share structure numbers to the public.
Float 282,728,351 a/o Dec 31, 2011 5 months old
Authorized Shares 1,600,000,000 a/o Apr. 12, 2012
Preferred shares 100,000,000 authorized.
90,000,000 issued with the rights for 1 preferred share converting to 10 common shares at the discretion of the holder attached.
* Capital Change = shs decreased by 1 for 500 split Pay date=12/28/2006.
Capital Change = shs decreased by 1 for 500 split. Pay date=11/18/2010.
Transfer Agent(s)
Madison Stock Transfer Inc.
Gagged by mexp: Mar 2, 2012
The share structure on otcmarkets.com is outdated and misleading.I wanted to know why.
http://www.otcmarkets.com/stock/MEXP/company-info
So I sent a letter to OTCmarkets.com. Its a very simple letter and a very simple response. It sheds some light I think any shareholder would want to be aware of:
.....I was wondering if you can tell me whether or not the issuer or otcmarkets or both enters the data for the share structure numbers listed on your site. I am specifically interested in the data listed regarding MEXP. Does mexp have access to your site to provide share structure numbers to the public?
The response from otcmarkets:
In this case, it looks like the information was submitted by the issuer through a secure login.
Please do not hesitate to contact me with any further questions.
So that explains the "who" as far as the posting of the outdated and misleading share structure on otcmarkets.com. It was the company that submitted that share structure data via secure login.
The question why should be OBVIOUS.
To mislead.
So YOUR "official" otcmarket.com mexp share structure numbers were PROVIDED by the company themselves. !!!!
SEC complaint filed.
Nope. Its what I see that HAS transpired with mexp.
Deny the obvious. Then look at the mexp chart.
I have been here observing and looking into mexp since the new year.
MEXP full circle: .0004 to .001 now back down to .0004
New mexp bagholders created.
Oh wait I see some old mexp bagholders still here.
So sad.