Why would anyone want to try to cover up the fact that the mexp t/a IS gagged?

That's very interesting and its all right here for anyone to clearly see.

I would call that a form of mexp data manipulation. jmo

Blum apparently PRETENDS a lot.

VF, Rock Solid mexp due diligence.
Interesting to me to point out that the ACTUAL data is in direct conflict with information that has been posted by others.
Just reiterates the NEED TO VERIFY EVERYTHING.

Wrong, the T/A is gagged. Making a statement like the following 100% INCORRECT:

It was incorrectly stated mexp is fully reporting.
My post only addressed the incorrect statement with the clarification I received directly from the pinksheets.com

I comprehend the various reasons why companies would file a form 15 to terminate the requirement to file periodic reports with the SEC.

The company deregistered from its obligation to file with the SEC on March 23, 2011.

Let me add this email response received from the pinksheets.com to clarify your misstatement once and for all.

Alternative Reporting Standard refers to a company following our Guidelines for Current Information (http://www.otcmarkets.com/content/doc/DisclosureGuidelines.pdf) instead of filing with the SEC. It looks like the financials were at some point audited by an independent auditor but I am not sure this is still the case, we will need to look into it.

A description of our tiers is available here: http://www.otcmarkets.com/otc-101/otc-market-tiers

The company deregistered from its obligation to file with the SEC on March 23, 2011.

Wonder what impact this has on mexp trading:

Mr. Goldberg was a registered stockbroker and manager with various brokerage firms from 1979 through 2001.

Mexp has done nothing much here yet.imo
When boasting about those that got .0004's....Don't forget about all that bought into the overpriced promotional alerts issued all the way down from .0018 from just a month and a half ago to what so far appears (for now) to be THE 52 LOW of .0003.

Those people are still UPSIDE DOWN BIGTIME.

Time WILL tell.

Zero cost basis.

Why did you imply the boat was only worth 500k ed ? That's clearly how I read YOUR statement. Post your entire statement ed, not just the part you want to show you said.

Well that sure ruined the mexp chart formation.
-25% red close for mexp on over 80 million volume.

On that we agree.

So lets see, we had a green tape paint job at the close yesterday. What are the odds we get another green tape painting at today's close. 100 to 1? 1000 to 1?

Yes, I know all about the markets. I am a well seasoned guy. Its possible to trade pennies successfully and not compromise one's character.
I just dislike DISHONESTY.
Immensely.

Yes, I like your HONEST approach to mexp. At least you have the integrity to clearly state your perspective.

Unfortunately, it facilitates the scammers to run the scam. It also creates a new set of bagholders. imo

The way this dog stock mexp is trading tells the tale.
I will be here till the cows come home POSTING THE TRUTH.
My mexp opinion does not fluctuate with the volume nor the price.

Looks like we know where the money to pay the liens are coming from eh ed?

This court case must be the reason. right ed?

weeeeeeeeeeeeeeeeeeeeeeeeeeeeee only need .0012 to get back to ground zero !!!!!!!!!

go pos mexp scam go !!!!

I was privately informed of another item worthy of the LIST

Mexp concerns in no particular order:
1. A/S just got increased 60% from 1 billion to 1.6 billion.
2. The company has already done a nasty 1 for 500 reverse split.
3. The share structure post reverse split was increasing dramatically then the company gagged their transfer agent.
4.The company used 1st qtr share structure numbers (lower) in its year ending financials.
5.The ceo in the last interview chimed the company is moments away from sending their boats out again to start recovering (70 days ago).
6.The ceo also stated they would be cash flow positive in 60 to 90 days (70 days ago).
7.Mexp recently set a new 52 week low at .0003
8.Mexp is being sued by its former transfer agent, and a second lawsuit by a group of unpaid divers.
9. Mexp management resorting to name dropping, ie: berkshire hathaway stryker medical group, the very famous yet to be named board member.
10.Most if not all shareholders are currently upside down in mexp.
11. The last financial report states the company has only $225,000 in cash and more importantly- cash equivalents.
12.Ceo claimed the float is under 100 million shares (feb 9th) Pinksheets.com states the float to be 282 million.

cont'd
13.Preferred shares owned by management stated as 0 yet we know from the increase to the authorized that they do indeed control 900 million super voting shares because 600 million of them voted FOR the increase.

Verify my statements and decide for yourself.
Take no ones word for anything.
NO ONE.

Mexp concerns in no particular order:
1. A/S just got increased 60% from 1 billion to 1.6 billion.
2. The company has already done a nasty 1 for 500 reverse split.
3. The share structure post reverse split was increasing dramatically then the company gagged their transfer agent.
4.The company used 1st qtr share structure numbers (lower) in its year ending financials.
5.The ceo in the last interview chimed the company is moments away from sending their boats out again to start recovering (70 days ago).
6.The ceo also stated they would be cash flow positive in 60 to 90 days (70 days ago).
7.Mexp recently set a new 52 week low at .0003
8.Mexp is being sued by its former transfer agent, and a second lawsuit by a group of unpaid divers.
9. Mexp management resorting to name dropping, ie: berkshire hathaway stryker medical group, the very famous yet to be named board member.
10.Most if not all shareholders are currently upside down in mexp.
11. The last financial report states the company has only $225,000 in cash and more importantly- cash equivalents.
12.Ceo claimed the float is under 100 million shares (feb 9th) Pinksheets.com states the float to be 282 million.

Verify my statements and decide for yourself.
Take no ones word for anything.
NO ONE.

The a/s and the o/s are EXACTLY what was posted by vf.

What false info ? you just said you believed the numbers 100%.

Do I need to refresh your memory of what the price of MEXP was on feb 21 2012 ?

MEXP = LOW .001 HIGH .0013

Looks to me like the only thing anyone missed out on, by passing on MEXP when the last REAL numbers were posted is just A HUGE LOSS.

Lets take a look (and I will be KIND on the pricing)

The low was .001 The close today was .0004 (high)

That's a -60% LOSS where I went to school.

What is wrong with my MATH?

I thought the object is to see the stock price of mexp go HIGHER?

Then I think it only fitting to blame MEXP the company. They are the ones that instructed their transfer agent to not divulge any information to the public.

Thanks for at least stating you believe the share structure numbers posted.

Here they are for anyone to see for themselves.

Ok ed thanks for the response.

The issue here IS about the gag.

You yourself posted you believed the share structure vf posted. I think the term you used was 100%.

So now you have flipped your perspective, and are now questioning the very mexp data you previously believed 100%.

What made you change your mind?

Not so fast capted, other companies ARE diving. One we both do not like. You know the one.

The information we were able to dig up through extensive due diligence leads to being able to make informed decisions. Decisions that ultimately lead to whether a person makes money or loses their shirts.


Question: What did the mexp T/A tell YOU?

We had an awesome event play out today on THIS THREAD regarding mexp.

Every shareholder, every reader should take full advantage of what took place and here is how.

Read today's post's about the transfer agent. On a pad of paper write down who stated what in regards to the ta being gagged or not being gagged.

Call the mexp transfer agent and ask for share structure information for mexp. Make note of the response.
Ask what their policy is regarding their other clients. Make note of the answer.

Compare answers YOU receive to those in your earlier notes.

The mexp TRUTH always matters.
I just want the mexp facts, wherever they may lead.
Not everyone subscribes to this notion.
I do.

Let me answer this in a way that can be believed. Call the mexp transfer agent and ask for yourself. But be prepared, they are probably pretty darn hot about now from all the calls asking the same question.

My answer is yes they are gagged from giving out data about mexp. Not gagged for 85% of their other clients.

Lets take a common sense approach here.

The share structure numbers were filed in mexp's financials for the year ending dec 31 2011 USED FIRST QTR SHARE STRUCTURE DATA. WHY?

Then mexp share structure numbers were reported on by both veroincafox and stockhouse with a specific number
veronica fox posted: Share Structure Their numbers are considerably higher, over 400 million shares have been added to the shares outstanding in the last 7 months.
Share structure
Outstanding Shares. 593,302,644 a/o Feb 21, 2012
Authorized Shares 1,000,000,000 a/o Feb 21, 2012
Stockhouse posted the following : The Outstanding Shares are 593,302,644 and the Float is around 100,000,000
on a specific date. guess some people didn't like that. WHY?

Mexp then gags their transfer agent. Why?

Common sense tells ME, Because they knew full well there was going to be stock hitting the market. Also knowing it was going to be their intent to raise the a/s 60 % from 1 billion shares to 1.6 billion shares.

What makes the most sense ?

Debate the data not the deliverer.

How about me? Am I now in question?

Michael told ME the t/a for mexp is gagged from releasing share structure numbers. He also said 85% of the companies they represent ALLOW SHARE STRUCTURE information to be released to the public.

WOW so SHE didn't report the numbers on the 21st. WOW
Probably because it was a HE that relayed the numbers?
Transfer agents employ both sexes last I knew.

Then STOCKHOUSE the paid promoter is posting false information as well ?

MEXP Share Structure
We have found that MEXP moves--oh so easily--with any volume at the Ask, and the share structure is set up nicely to see this stock become another huge Stock House Group winner! 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.

investorshub.advfn.com/boards/read_msg.aspx?message_id=72665980

So that would make that information and its originator false as well.

WHAT ARE THE ODDS THAT THE EXACT SAME NUMBERS WERE POSTED?

NEXT THING WE WILL HEAR IS IT IS A FRIGGIN BASHER CONSPIRACY.

C'MON MAN.

That is the key issue for me count. The price of Mexp has been declining in price steadily all the while glowing reports, expectations,and level II stats tout this pig non stop.
Now we get a clandestine 60% increase in the number of shares authorized, a gagged t/a and conflicts in financials.

I am calling this as I see it. A dog with fleas AND ticks.

All you had to do was click on the post she was responding to....I am sure you already know this.

OK back to Mexp.

then again.......LOL
I got an idea, lets get value....

yeah, what veroincafox just said.
lolol
mexp...keeping it on topic.
lol

Yes. they are unfortunately PDF's and not cut n paste friendly.
The filings have the info.

That IS problematic for sure.

This is interesting.
Compare these two mexp financial pages side by side, line item by line item.
Go to "As of the most recent fiscal quarter ended".....
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=53374
http://www.otcmarkets.com/financialReportViewer?symbol=MEXP&id=74708
Anything particular grab your eye?