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That's the silliest assumption I have ever read.
12.254M shares. However only the MM NITE got all those cheap shares! Not any individual investor got any share at 0.0003 yet...
Looks to me, that those shares were used for the sole purpose of representing a majority ownership interest in support of the 600 million share increase to the number of shares authorized. Nothing more.
The increase in authorized shares still needs some clarification
Yeah, I don't know why outdated info is being posted over more recent accurate info. Then there is the only 2 left at .0004 meaningless drivel.
Some people will do just about anything to try to get out of a dog they are stuck in.
Others are man enough to accept responsibility for a poor decision.
Well honestly I was too.
Especially when the word I was told you used was that this pr is going to make me look "STUPID"
I know you know better "of me" and my dd than to think I make stuff up.
Its a lot more than 6 people posting here. Its the unknown numbers of lurkers and non posting readers.
You don't think I am here telling the truth about what I see is going on for a mere 6 people?
Say it isn't so.
Not very smart, imo
Ok well cool thanks for that response. Do you know anything specific regarding the timing or content of such a pr? Cause to tell you the truth, the "rumor mill" has it that this pr info is coming from your direction.
I have just been informed that a pr is coming out that is going to make me look silly. Wow telling the truth about a pos scam is going to make me look silly?
Really?
Do you all think a company is not gonna have a story to tell for the increase to the A/S?
Of course they are. DUH.!!
I aint stupid.
Sure won't look good for the deliverer if that pr hits real soon.
Capted where are you? Would like to hear you give your thoughts about how the 600 million share increase to the authorized was handled by mexp.
.0014 is where most were buying this FLEA and TICK infested dog.
A lot of things are NOT imaginary.
Like the diluted dpbe share structure.
Like the dpbe pathetic share price.
Like the ceo taking another job.
Like the founder saying he resigned.
Like the company now working from their homes.
Like the 166 million shares being returned to treasury FALSE PRESS RELEASE.
Like the still unresolved SEC investigation into the illegal stock selling scheme involving dpbe's founder wilf blum and his alexander lindale ir firm.
Like the closing down of the museum in the dominican republic.
Like the selling of a boat for the purpose of paying delinquent bills.
Like the lack of any recent public announcement regarding another artifact division that was supposedly being done weeks ago.
Like no known certified appraisals for any artifacts recovered.
Like no public disclosure of a media company (darr) owned by randy champion (now dpbe's ceo) obtaining an "exclusive" dpbe contract.
Need I go on?
I still cannot believe the following was actually put into writing. It says ALL anyone needs to know about the motivation of those that deep down know they have been scammed, but will say or do just about anything to "recoup" their losses.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72909579
Only what 300% more of a price increase to get to where some can escape with their shirts?
Most are hopelessly upside down in this pig.
GREAT company, great stock play here with this pos dog Mexp. roflmao
Let me call this what it is. A scam.
Seen this same scenario play out with a ton of non reporting pinksheet pos's.
jmo
I would be more encouraged had they been up front and transparent about YESTERDAY increasing mexp's number of shares authorized from 1,000,000,000 shares to 1,600,000,000 shares.
That is a 60% increase to an already BLOATED A/S.
I would have something to feel good about had they not ALREADY done a nasty 1 share for every 500 previously held shares reverse split.
I would have something to feel good about had they not gagged the transfer agent from letting shareholders see what management of this company was doing.
I would feel better had this company done ANY follow up on previously announced LOI's.
I would have something to feel good about had the mexp ceo NOT dropped names like berkshire hathaway, stryker medical, in his most recent interview.
But alas I dont have anything to feel good about as it pertains to MEXP.
WORTHY TO NOTE: A REAL man is able to admit when they are wrong. I've seen no one admit to being wrong about the numerous red flags. Specifically the increase to the A/S.
Just my opinion.
MEXP DD and links saved as a sticky. Wow veronicafox talk about being on top of your game. You presented the colorado secretary of state link for all of us to use. You're advanced warning is appreciated. I am impressed as you must have sensed this was coming. I was so impressed I made your post a sticky for all to use.
SHARE STRUCTURE AND SOS LINK:
The last outstanding share count as reported by the TA: 593,302,644 a/o Feb. 21, 2012
Authorized: 1,000,000,000 a/o Feb. 21, 2012
Use the link below to determine if there are any new filings related to potential increases to the MEXP A/S.
Colorado Secretary of State:
www.sos.state.co.us/biz/ViewImage.do?fileId=20091032862&masterFileId=20071237800
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.
After seeing the discussions about the mexp interview, I decided to give it a listen.
I took note of some things being stated that give me concern.
The interview was about 60 days ago.
Mexp was priced at .0014
Mexp as we all know set a new 52 week low yesterday at .0003
So most if not all shareholders are UPSIDE DOWN in this dog.
The ceo stated those same 60 days ago "we are moments away from sending our boats out".
The ceo mentioned all the keynote trigger words and catch phrases like:
building mexp along the same lines as warren buffets $118k a share Bershire Hathaway.
Mexp will be cash flow positive in 60 to 90 days.
The ceo stated the o/s was approximately 400 million taking out the restricted and SHARES HELD SECURELY, the float was around 100 million.
The ceo said he is concerned with dilution.
If so why was the last o/s update 593 million well that was until the ceo had the transfer agent gagged.
Why does the pinksheets.com website list the float at 282 million?
Again the t/a was gagged by the company so we don't know where the numbers stand at this point.I can tell you one thing, they certainly aren't lower than what we last knew them to be.
My opinion about the mexp ceo interview?
Typical pinksheet ceo nonsense.
All I got were a bunch of red flags.
What are the opinions of others?
I would really like everyone to chime in if you can.
Those are the words (increased authorized shares, increased share structure, reverse splits) that NO shareholder wants to hear.
No doubt there will be another PR, but will the plans from the last few PR's be updated?
MEXP gets an B on it's PR's, but an F- on follow through.
I will take the MOST RECENT numbers as reported by the transfer agent over ANYTHING ELSE.
THE TA WAS GAGGED DURING THE LAST PAID PROMOTION. THE FLOAT AS REPORTED BY THE COMPANY AT THAT TIME WAS 282,728,351. THE OS WAS 593,302,644 AS REPORTED BY MADISON STOCK TRANSFER PRIOR TO THE COMPANY IMPOSING A GAG ORDER ON THEM.
End of my interest on the matter.
Think what you all will.
The share structure numbers, as of dates in mexp's financials, the data on otcmarkets and the even the real numbers given by the transfer agent before the company decided to gag them, HAVE all been discussed here at length. Do some research into previous posts and look at the links, take note of the dates. Its all here for anyone that cares to look.
MEXP: volume is 2,983,000 shares.
Tell me more about that rumor. Everything you got would be appreciated.
It happens all the time.
OUTRAGEOUS THINGS officers ,directors and stock promoters try to get away with.
Some get away with it initially, The SEC is not proactive but rather reactive.
http://sec.gov/litigation/litreleases.shtml
Thats why we must be proactive as individuals to perform due diligence and ask the tough questions like we do to hold people ACCOUNTABLE.
Just my opinion.
The company gagged the t/a.
v/f pointed out the inaccuracy of the dates quite well. She did that for you, because all the rest of us have done in depth due diligence and already know all of this.
I'll take that but because I have morals I will correct you below.
Anyone that did any due diligence into the mexp share structure already knows that. The info I posted was the info posted on the pinksheets website. I included the link. You just pointed out ANOTHER misrepresentation done by the company.
You just made my case for me.
tyvm
I prefer holding people accountable for their statements.
Or at a bare minimum back up their statements with links so EVERYONE can VERIFY.
Float 282,728,351 a/o Mar 13, 2012
http://www.otcmarkets.com/stock/MEXP/company-info
Show me a negative poster inaccuracy.
I like your straight forward approach. At least you aren't trying to convince anyone mexp is the greatest thing since sliced bread.
G/l with your order.
So using YOUR ceo inaccuracy to negative mexp poster inaccuracies ratio:
CEO inaccuracies:
1.Cash flow positive in 60 to 90 days.
2."moments away from sending out boats"
3.Float is around a hundred million shares.
So based on YOUR formula there would be 3000 negative mexp poster inaccuracies.
I think mexp is a scam aimed at selling stock. So that would make me a negative mexp poster in your opinion. Correct?
So show me 1 (ONE) thing I have ever said that is inaccurate.
Lets drop the number for the sake of conversation to ONE ceo inaccuracy.
That means there are 1000 mexp negative poster inaccuracy.
Show me ONE negative mexp poster inaccuracy.
Mexp ceo Goldberg was an Off Broadway producer? Really ? So many thoughts come to mind, none of which will be appropriate here.
Interesting footnote.
A name dropping dime a dozen pinksheet ceo is never a good thing in my opinion. Modeling .0004 mexp after Warren Buffets $118,000.00 a share Bershire Hathaway? really?
C'mon man.
Webber and Stryker sounds like Brolin and the Dream team.
bhtjm (but hey thats just me)
VF nice to see there are others out there with a similar sense of reality as it pertains to mexp. Thank you for your assessment. What gets me is how soon some forget about how this thing was touted from the rooftops at so many different HIGHER price points.
PEOPLE ARE UPSIDE DOWN IN THIS POS.
We continue to get "time to get in" this is the bottom, over and over and over.
At some point maybe it will move higher, but I suspect it won't ever be high enough for those stuck in at much higher levels to actually escape.
JUST MY OPINION.
It is a freaky low pps that's for sure. That gagged t/a helped that one along. Float WAS 282 million O/S WAS 593 million. Most shareholders trapped at higher prices. As for a motivated ceo ? Would that include a ceo willing to say or do just about anything to move stock? Including mis-stating share structure numbers.
Assets: 225k cash and cash equivalents 1 million in equipment, 546k in other intangible assets. net total of approx 1.8. Subtract liabilities of 1.3 million. total stockholder equity is 422k
Unfortunately there are also two pending lawsuits. One for 100k and the other for an undisclosed amount. Add in more than enough red flags for good measure, and it places the odds well in favor of the house.
jmo
I find it to be quite easy to find the paid promotions on these low priced stocks. I know of at least three sites right off the top of my head that provide that information.
Google. Its a great tool for those that use it.
Badgering members isn't gonna work here.
Speaking of reverse splits ....Here is a post from DEC of 2010, less than thirty days after the WHOPPING 1 for 500 rs from back in NOV of 2010.
Quote:
--------------------------------------------------------------------------------
Did this stock just go from $.98 to $.15 in one day?
It was $1.50 after the reverse ... just a few weeks ago. And of course, bulls said "it won't change your value at ALL. Just less shares at a higher price." I think it was Captain Ed who said it WOULD cost shareholders money, as it then had more room to FALL.
And from $1.50 to $0.15 in a week or two? OUCH!
That's 90% down just SINCE the reverse. And it was down about 90% or more BEFORE the reverse TOO.
--------------------------------------------------------------------------------
Anyone notice how excited wilf seemed to be when talking about reg d 504's being possible again?
dpbe peddles stock not treasure.
imo
WADR, The company has closer to 200k in cash (225k) not almost 300k as you suggest.
The large bid whacking volume setting off a new 52 week low IS DILUTION. The company GAGGED THE TRANSFER AGENT.
We do know that the company has almost $300,000 in cash
....strong evidence that it is NOT dilution from the company...
After seeing the discussions about the mexp interview, I decided to give it a listen.
I took note of some things being stated that give me concern.
The interview was about 60 days ago.
Mexp was priced at .0014
Mexp as we all know set a new 52 week low yesterday at .0003
So most if not all shareholders are UPSIDE DOWN in this dog.
The ceo stated those same 60 days ago "we are moments away from sending our boats out".
The ceo mentioned all the keynote trigger words and catch phrases like:
building mexp along the same lines as warren buffets $118k a share Bershire Hathaway.
Mexp will be cash flow positive in 60 to 90 days.
The ceo stated the o/s was approximately 400 million taking out the restricted and SHARES HELD SECURELY, the float was around 100 million.
The ceo said he is concerned with dilution.
If so why was the last o/s update 593 million well that was until the ceo had the transfer agent gagged.
Why does the pinksheets.com website list the float at 282 million?
Again the t/a was gagged by the company so we don't know where the numbers stand at this point.I can tell you one thing, they certainly aren't lower than what we last knew them to be.
My opinion about the mexp ceo interview?
Typical pinksheet ceo nonsense.
All I got were a bunch of red flags.
What are the opinions of others?
I would really like everyone to chime in if you can.
Hey capted, I know you know a lot about the operational side of treasure hunting salvage companies. I am not sure of your knowledge about being publicly traded. I tend to focus on the stock side of the equation. Two related yet totally different aspects of a company.
I don't think I would give a treasure salvage company a pass solely because they actually dive. One of the main relentless stock sellers in the sector dives. That makes it no less a pile of junk to be shut down. jmo
What I see happening with mexp on the stock side of things does not impress. jmo of course.
Jrf, excellent common sense summary that some just refuse to acknowledge. The writing is on the dpbm/dpbe wall and has been for quite some time. Yes, IF the artifacts were to be sold that would settle the valuations. At least on the surface. The problem is trust, blum and associates have destroyed any trust through the outrageous detailed chain of events in the SEC complaint filed against blum, lindale, and associates.
Dpbe has overstayed its welcome imo.
Wilf, take that fork and stick it.
The jury may still be out for some people on mexp for now. However those telltale signs (red flags) are showing up with increasing regularity. I 100% agree with you capted. The SEC should shut the doors of publicly traded shams set up with the express purpose of just selling stock.
Personally, I think quite a few penny stock treasure salvage companies are only interested in selling stock. I base that premise on what the CEO of another Penny stock treasure hunting company told me many years ago. And I quote. He said, " I don't care if I ever find any treasure. The money is in selling stock."
And NO I won't name the company or the CEO. I will just say it wasn't MEXP.
Today's mexp trading summary as I saw it.
A 4x increase in volume, caused by a horde of trades at bid. Those trades forced the setting of a new 52 week low of at .0003. The close of trading saw a trade at ask with 4 minutes to go.That trade resulted in a tape painting that turned the volume candle green in spite of an overwhelming majority of share dumping trades throughout the day at bid. This close sets the stage for a potential technical cross tomorrow (sar).
Now will the company(mexp)take advantage of this temporary planetary alignment and release a p/r? hire paid promoters? etc etc?
Only time will tell.
CAVEAT EMPTOR.
Dpbe where are your financials?
Your last FILED financials are for the period ending Sept 30th 2011.
Where are period ending 12/31/2011?
First quarter 2012 are now becoming due.
File your LATE financials dpbe.
Nice link bullhead thank you. Dpbe needs to learn from these guys.
Would still like to see certified appraisals for all artifacts regardless of the name of the company.
Unfortunately for dpbe, I wouldn't even believe certified appraisals at this point as blum is capable of just getting some corrupt individual to write bogus appraisals. You see what happens when a company loses the respect and faith of its shareholders?
Once that honesty and trust is gone? In my opinion its GONE FOREVER.
Just read the details of what this pile of garbage blum and his cronies went through to defraud the public. The SEC makes their case VERY WELL.
JUST READ IT. ITS INCREDIBLE THE LENGTHS THIS CROOK WENT TO TO FRAUDULENTLY RAISE OVER 12 MILLION DOLLARS SKIMMING OVER 3 MILLION DOLLARS FOR HIMSELF.
http://www.sec.gov/litigation/litreleases/2011/lr21995.htm
READ IT.
Ceo randy champion has taken on employment outside of dpbe to pay his bills.
If the founder blum resigned from dpbe from flak about his involvement in another one of his public creations which placed him under the scrutiny of the SEC for fraudulent stock sales and use of illegal opinion letters from his disbarred attorney accomplice, who is left to run the "company"?
We know william rawson aka wagonbox who denied being an officer of the company even though it was pr'd he was one, says he doesnt know anything about the corporate side of dpbe. Worthy to note he was listed as a signer on the dpbe 504 offering documents that state he IS required to be aware of the contents within.
Is it wilf's son in law cohwen eggli thats running deep blue marine?
Maybe its Lisa Larsen the admin person that calls the shots for dpbe?
Company Officers
Randy Champion President
Cohwen Eggli Secretary, Treasurer
Lisa Larsen Admin. Officer
Wilf, Who is REALLY running dpbe? lol
http://www.otcmarkets.com/stock/DPBE/company-info