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I hear that the other treasure hunting company diving in the DR (the south shore and the Punta Cana areas) has had numerous divisions THIS year. Why does it take 2 years for DPBE to get their division? Any insight on that? I'm really wondering why DPBE is not getting the same treatment.
Sorry Rip. Tried to tell ya. Hopefully you did as Jake says and didn't put more than $1K into the deal, so you weren't hurt too badly.
I too would like to know what Deep Blue Passion is. I might assume it has something to do with the London people, but that would be a wild guess. NO matter what though, it doesn't sound good. It sounds like a subset of Deep blue that is doing the diving, and I agree that it puts up yellow flags that the company is going to get less.
Less than the 3 out of every 100 coins estimated so far in order to appease the government, London and then the partnerships before anything hits the top line of Deep blue? Wow. that would be bad.
Although the video will HOPEFULLY put an end to those who keep saying they have not been diving. Every time a picture comes up, they say it is photoshopped or something else, and won't admit REALITY that Deep Blue was in the water. there's enough bad things with the company to bring up where bears don't need to say Deep Blue has not been diving all summer. there is too much evidence that says they HAVE been. Don't know about now, since it is now October, but they HAVE been diving.
Add me to the list though of those asking "What does the deal with London mean as far as who gets the things brought up since we HAVE been diving and finding? What does the company get, and what does London get? (After the government gets, and before the partnerships get) I think it is a material fact for the company, and not announcing to the public what most of the terms are for the funding while announcing and letting out pictures of treasure found, making it almost sound like Deep blue is getting 50% of that treasure (We know better) is a breech of that SEC reg. My opinion. Okay, my one post (all I'm allowed) for the day is done.
g BERT
he sent an update out saying it was not working and he was going back to stocks with .00 pricing or higher, and stopping thoughts on any .000 stocks. So it fizzled.
We need a "thumbs up" button for that post.
I think it has changed is what has happened.
They added an extra layer of investor called the London Connection. Now, by my GUESS, I think they will keep about 3 - 5 of every 100 coins they bring up. I've never varied on thoughts that they get a small portion due to toxic funding. After London is paid off and the limited partners get paid off it goes up dramatically, but that means we MUST hit the motherlode. Without that we aren't getting much of anything. But on the positive side, the expenses TOO are down, as London has absorbed the operations costs of the DR for now. (We don't know for how long, since they won't tell us., but that "partial" funding you have repeatedly ripped HAS been funding us for MONTHS now.) So although we get less of the items recovered, it is because we are putting in much less of the expense to find them.
And yes, that is still to the TOP line, as revenue (if ever sold) not the bottom line.
I pointed out that an auction is happening, and showing all sides bull and bear some news about the values of what we are finding. I think it's cool that an auction of treasure items is being auctioned in Orlando in October. Very cool. I WISH that DPBE was selling items too, but of course they are not.
I'm waiting for Capted to send me some emeralds, and think that is a better chance than getting Scott to send any to anyone.
As for the pumps. I don't approve of them, even if they move the price up, because they bring along newbies that keep joining these types of bands of people, and those newbies get the letter AFTER the real people do. They buy in after the rise has started. the old guys get out, and the newbies are stuck with stock. And more than just that, it is done with fraud as its intent. they buy in a LOT of shares, move the price some BECAUSE of their massive buy-in, then start touting that the price move means something good is about to happen. that is a flat out lie inmost cases, and done specifically to get OTHERS to buy in after they have already bought it. The price goes a little higher, and they flex their muscles and sell. They call it 'momo" on the stock, and that the momo has left. No - it's them selling that has made the stock lose its upward rise, and those that bought in later are stuck with their shares. Got o a few of the earlier positions these bands have held and you'll find a few people still asking what's going on, since they know nothing about the company, but they own the shares, since they bought in during the pump. People get hurt financially during those pumps. It's wrong. It used to be illegal, and is still on the books that way, but no one enforces it.
I wish you the best, and hope you sell out at .0004 or even higher. But I want it done because something is happening with the company, or even Jay's emeralds, and not because of one of these groups of pumpers coming in and pushing it up for a very short period of time. GLTY true.
True. Still not thinking right on this one. "Maybe Jay could send all us long sharholders (Sic) a small bag of emeralds to keep us happy while we all wait for some kind of news " We are NOT shareholders of Jay's company. See/ People think "we" )ORRV) own the emeralds, or that Jay IS the man of ORRV. Jay owns his own company. JTR Enterprises. The shareholders of THAT company include ORRV owning 5%+ of JTR. But we do not own JTR. Jay does NOT work for ORRV. Jay is NOT affiliated with ORRV. Scott is.
Too much is being made over the emeralds, like we own them. ORRV owns ZERO emeralds. It owns some shares in a company that owns emeralds, and a small portion of that company as it is. Just like IF ORRV ever found anything we would not get any of those items, but the company would, JTR has the emeralds, not their shareholders, of which we are not. remember that. It makes a HUGE difference. I say it again - Jay is NOT affiliated with ORRV any more than Scott is affiliated with MY company. Because I own(ed) shares of ORRV, I am a shareholder of his, not him of mine. And ORRV is a shareholder of jay's, not the other way around.
Only one company has given me actual treasure. ARS, from the south shore and Punta Cana leases in the Dominican republic, gave me actual beads, pewter, etc, when they were bought out by GME. And since then, GME has brought stuff up too, and none of that has come directly to shareholders either. Emeralds won't go to the shareholders, and we are not the shareholders if they did!
There has been a lot of talk about what the treasure is WORTH that DPBE is bringing up. the artifacts. the coins. Even the coins that were on the website. Some say they are worth a lot, and others say not so much.
Well, the 3 real coins are not part of this, but the rest of what we are finding in coins? Like the 2 real and the 4 real coins we are finding? The same coins (Mexico city early mint Charles-JOanna coins) are in an AUCTION in October. That will give us a LOT of valuation ideas on the coins we have. I for one am anxious to see what the auction brings.
For anyone interested, here is a page for some of the coins LIKE OURS. http://auction.sedwickcoins.com/TREASURE-WORLD-U-S-COIN-AUCTION-14_a17256?m=all&ls=313&le=461
I think this is Important information as to the future of DPBE. The value of what we are finding, versus what it costs to find it, is very important to know. Anyone in Florida that can and would like to attend this auction??
Does anyone have a phone number for Jay or a way to get in touch with him?
It's just a difference of terminology. "I'm here to play the MOMO" You call it momo. I say when lots of people all get together to buy a stock at the same time and then pump it to make others buy in after they do on what they call "momo" and then they sell at a profit that is called a pump and dump scheme. Not momo. Momo would be based on some sort of reason other than 'It is down a lot, so let's all get in at once and make it LOOK like there is news. then we'll post saying there IS news about to COME, and others will buy. Then we flex our muscles and sell".
Your word - momo.
My word - manipulation.
Same game. different word.
And the fact that your "leader" says anyone still holding after the "momo" is gone is a "bagholder" shows that the scheme has losers and the pumpers don't CARE that they are hurting others. You don't think that others lose since YOU are making money?? Or doesn't it matter to you if you make the profit?
I don't understand this thought pattern.
<<You won't find any pewter here...ROFLMAO >>
Are you trying to start a NEW fight? The company that is working on the SW shore has found a lot of pewter. VALUABLE pewter. Good for them. Hooray! I'm glad people are finding treasure. Why make insulting comments about the pewter like it is not a good find? Why pick on a company that is NOT against DPBE in ANY way, but a second company doing the same thing as DPBE and doing it well. BOTH companies are finding treasure. Why insult one of them??
No hope
No crew
No permit
No boat
I don't think he does have the just cause to do that at the end of the promotion. He is the ex CEO of the company. He is still actively managing this company even though he resigned. (Sad to say, IMHO.) People will always take shots at him. Many well deserved, and some not deserved. But he can't get on a video and do something like that and think it is professional or correct for him to do. It's just not right.
Secondly, he should not do it because it goes against his faith so much. That is NOT the way a Mormon should respond to someone who insults them. As a pseudo-Christian group they still try to follow what they feel God would have them do, and I'm Sure this is not something God would approve of in response to someone insulting him. He can't have it both ways. present himself as this pious person and then respond like that. One or the other, and his faith took another hit with that gesture.
Now as to "why" he did it though. I think (opinion) he did it to show edginess for the reality show producers that would see the clip. the clip is very nice, but for them it is boring. No drama. they live for drama. Much of it is made up drama on these shows, but drama nonetheless. DPBE doesn't have it. So Wilf is showing at the end that if need be, he can be argumentative and edgy and it would be able to be instilled in the show. That's my thoughts on why. Don't like what he did, but for a reality show it would be needed.
Does anyone have a link to that sizzle piece that Wilf put out on the reality show? I haven't seen it yet and would like to know where it is.
thanks
What ORRV is doing? No boat. No crew. No owned or even leased equipment. That should answer what they are "doing".
Exactly --->
No name yet. But hearing that they think they have within their search area the 1502 fleet of ships (It doesn't mention that fleet by name but that's which one I think they are talking about in that article when they mention a fleet with treasure on them) is also a big positive. Although if one or two of those ships floated up to the DPBE area, that wouldn't be bad either. It just goes to show how many wonderful ships are wrecked in the DR, and all the potential that DPBE has. And it gives Capt Billy another option for diving if Wilf screws things up with the funding again in the future! I'd love to see Capt Billy over top of a 1502 fleet ship. Hope it is for DPBE, but if not he still deserves to find something like that! Lots of respect for Billy and hoping he finds the motherlode - no matter what that means.
Oh, and welcome back Crew. Good to see you are back on the site as of tomorrow AM.
There are lots of shipwrecks off the coast of the DR. And DPBE is one of only 2 companies right now searching for treasure in those waters. SO far we have found some decent things, but nothing that is what some would call the "motherlode". Does it exist? Well, the "other" company put this newsflash out TODAY. So there ARE important finds IN the DR that are being found. Love that someone found something, and hope the next one is found by DPBE!!
Article?
September 10, 2013 (MMD Newswire) -- A Florida based treasure hunting firm has discovered a 450 year old ship that wrecked off the Dominican coast, it's cargo is the single largest cache of 16th century pewter tableware ever discovered, and that's not all. The ship was also carrying unique and valuable artifacts including some extremely rare Spanish silver coins from the late 1400's through the mid 1500's and several gold artifacts too. Divers from Anchor Research and Salvage (a Global Marine Exploration, Inc. company) working with the Punta Cana Foundation discovered the wreck and are recovering the artifacts, of which 75% will soon be displayed in Dominican Museums. Anchor Research and Salvage crews carefully excavated the wreck site under contract from the Underwater Cultural Heritage division of the Dominican Minister of Culture's office.
The collection of pewter will re-write history books, as many of the maker's marks stamped into the fine pewter have never been seen before. The collection consists of many examples including plates, platters, porringers, salts and flagons in several sizes and styles. The pewter alone values into the millions, add to that the gold items, silver coins and trove of other artifacts from the time of the Conquistadors and you have a very valuable and important historic find.
Treasure Hunters find 16th century cache in shipwreck off Dominican Republic
Anchor Research and Salvage has also finished surveying a large lease area on the southwestern coast of the Dominican Republic in which they found numerous previously undiscovered shipwrecks that are currently under investigation and recovery. Noted shipwreck archaeologist and author Sir Robert Marx estimates that there is several billion dollars in the southern coastal area alone, and three times that amount awaiting in Global Marine Exploration's future target areas.
CEO Robert Pritchett said "Sample artifacts from these newly discovered wrecksites indicate that we may have found an entire fleet of early Galleons that wrecked on their way back to Spain carrying the riches of the new world." Pritchett also mentions that negotiations are well underway for GME and it's companies to provide artifact rescue and excavation services in other countries as well. "GME's unique business model opens up a new age for cost-effective and archaeologically sensitive shipwreck exploration. Other countries are seeing how well we document and record the archaeological evidence in the Dominican Republic, and we are in talks with other nations in the Caribbean and beyond" said Pritchett.
allyboys. If trust is an issue, then ORRV is in trouble. NO boat. Taken for lack of payment (Not good for trust) No crew. Left for lack of payment (Not good for trust) No equipment. taken by aforementioned crew for payment owed (Also not good for the trust issue) Past mentions of things they were working on that never happened. Not good. See a trend here?
The only thing we keep hearing about is what someone ELSE is doing. Someone ELSE found emeralds (if he did, but that's a different story) and we own 5% of that company. Okay, that's fine. But that is an investment ORRV has made. The company itself should have something going on TOO. Not just "We own someone ELSE'S company at a 5% level, and we are just being pulled along on THEIR coat strings". They should be diving. They are not. Not with no boat. Oh, and did I mention no PERMIT? No area to work on.
I see no reason why people continue to show ANY trust in this company, or any faith in the stock. Shoot - I see a different firm that has 1) four boats. 2) a nice permit with the DR government 3) a second permit within the DR from an association where they are also diving, and 4) more than one crew, currently DIVING on those areas. And they TOO are looking to raise money. Where do you think serious money will go? to ORRV, with nothing? Or to a company that has shown treasure for ITSELF in the past few months, has boats they OWN, has a new headquarters in Tampa to STORE all the treasure they get when they do their divisions with the DR government, and has a proven track record? Sure, I can see someone throwing $100 into ORRV as a lottery ticket. But someone throwing large money? the kind that is needed to succeed in this business? Nope. Not here. Not when the competition has all the ingredients IN PLACE and this one has NOTHING. I think this is a dead company. Personal opinion. The other company isn't publicly traded yet, but they ARE raising private money, and the BIG money cares less whether it is public or private, as long as they show an intent to go public by next year. So with a better product (company) out there also looking for money, I don't see the money coming for ORRV. Not the high quality money that is needed.
The emeralds? I don't know what the future will hold for Jay and the emeralds, but I still feel that no matter what Jay gets, by time he runs through the expenses of JTR and all that, he will NOT be giving ORRV much money, if ANY, for their 5% interest. If he is smart (And if they work out at the higher values) he will use the proceeds of the sale to dive with and enhance his OWN company. That will give ORRV some equity in something worth some money, but not give ORRV any money of its own to do anything on its own. they need to raise money. Not going to happen, IMHO. Things can change, but for now I think this is one to watch, but watch from the sidelines, as they have nothing to offer. Or throw a lottery ticket into it (I have not) but not serious money. that goes to the competition. make logical sense?
glad you FINALLY agree!
"Yeah great opportunity indeed!!!!! "
I'm now up 150% on lot on shares bought less than 3 months ago. So you are right. LOTS of GREAT opportunity INDEED!
thanks for your support.
sb
"
If discovering treasure isn't considered good news, what would be considered good news? "
So far they are finding little bits here and there. Never a motherload. To answer your question, I think the stock price will finally go up if they find a LARGER treasure.
Has it already moved up based on what they are finding now? Of course it has. I am up 100% on a lot of my newly purchased shares. And about 50% on the rest. I'm happy over that for sure. But if Billy says they hit a cargo hold with so many coins that they will take weeks to get them all up, or some other decent find, then the price goes even higher. MUCH higher.
"somehow, even with all of these claims of discovered treasure, the stock is dead money. "
Let me repeat. I am up 100% on a decent position in the past month. That's not "dead money". And that is based on the SMALL finds they are finding right now (And the fact that they are actually DIVING, which they were not doing before and why it dropped so low previously)
I'm not trying to be adversarial. I'm being truthful. the stock IS up, and has gone from .0001 to .01. that's pretty impressive. But that's just a start. If they find the big one, then the price jumps a LOT, as others buy in. So your premise that it is dead money is not accurate. It is down from prices of prior years. Down terribly. But it is not dead money NOW. It was before, but is finally moving some now.
And the answer to your basic question is that YES treasure will move it. But they have NOT said they found any major cargo holds as of yet. Just some exciting little things, and that has moved it where it can. We need a bigger find to get a bigger price. A very specific answer to your question. Hope that helps.
Do you have to be certified in order to dive on the site? Can others dive too?
There is still time!
We need to take some of the artifacts we stil own and have not either given away or hypothecated and SELL Them. This auction is for TREASURE ships. It even has some old coins from the DR, from another compay diving down there.
Why can't WE sell OUR coins here and get some MONEY to KEEP funding BIlly find MORE treasure???
here's the auction info if DPBE needs to know how to do it. Pretty simple.
<<
TREASURE, WORLD & U.S. COIN AUCTION #14
Consign to the event that you have been waiting for!
This is a reminder that we have just one month left to receive your consignment for our first LIVE public FLOOR auction, scheduled for October 30, 2013, at the DoubleTree by Hilton, the only all-suite Downtown Disney® hotel located inside the Walt Disney World Resort® in Orlando, Florida (click here for special rates and booking).
Now is your chance to be a part of this inaugural event and take advantage of selling your collection in a fully live venue with an elite group of bidders attending from all over the world. Lot viewing will be on site the day before the auction, and special hotel rates and complimentary food and drinks will be offered during the auction in this exclusive event at an upscale hotel in one of the world's most-visited vacation cities with easy airport access and transportation.
The deadline for consignment to this auction (Treasure, U.S. and World Coin Auction #14) is August 17. Please send your consignments now, or let us know if you would like to meet us in person either at our office in Winter Park, Florida, or at your location
>>
Come on DPBE, SELL some!!
Again saying something that is not true.
"Wilf Blum was the CEO for the stock Marketing company that helped STEAL the 12 MILLION"
NO ONE stole "$12MM". That money was not stolen. Shoot, if they filed a 506 instead of a 504 under Reg D and paid the SEC more money to do it, it would have been TOTALLY legal to sell that many shares. Instead, they paid less in SEC fees, and sold more than the lesser fee allowed. BIG difference than stealing $12MM. It was a regulatory issue, not a fraud issue, which is why they charged him with civil charges of RAISING TOO MUCH and not criminal charges for STEALING. He did not steal it.
HIs company RAISED $12MM they did not steal it. (Man I hate defending this scum. But you are depicting a lie, and in spite of your thoughts being similar to mine of the man you are lying. that's the ONLY part I am defending on this man)
Man, I HATE having to come and defend Wilf in ANYTHING. In spite of people thinking I am positive on Wilf's new ways, I am not. I think he is as bad as some portray him to be here. I pray for the day that he is not involved at ALL with DPBE, and we can break free of his yoke. He is an anchor on the company and the stock.
BUT
A lie is still a lie, And I want to say that things are not as they are portrayed in this case.
He did NOT steal $12MM dollars. Not even close.
" it was Wilf Blum who filed the FALSE 504s and stole from shareholders 12 mil"
What he did was legally file a 504 Reg D registration that allowed him to raise $1MM per year for a company known as Copper King. He lied on the form 504 about his own intentions with the stock he was getting, which shows what a scum he is, but he was able to sell stock and that in itself was not stealing from investors. he then sold $12MM of stock for the company. His commission was over $3MM, and the rest went to Copper King.
Bottom line is that the investors that invested in Copper King did not have their money stolen from them. He just sold more than he legally should have. But that's a big difference than stealing it. If they never got the shares they bought, THAT would be stealing. Instead, they got what they paid for, but he sold too many shares. And he, as a paid promoter, only kept his portion of the proceeds. Which is why the SEC disgorged his profits and added a penalty and why he owes less than $4mm in fines and not $12MM.
He did wrong. But he did not "steal $12MM from investors". As it is stated above it is not accurate.
I'd love some worthless green rocks. I have a spot in my office with things that have been found. Old Anasazi indian pottery from the 1200s. Some old beads from the DR from a shipwreck there ( I "Think" from Punta cana, but would have to look to be sure. Might be the south shore site), two pewter spoons (One in found condition, from the pewter wreck, and the other in cleaned condition. Cool to see both), some WWII artifacts, including an old artillery shell that was made into a lamp, old coins and bottles found while out metal detecting. Things like that. A few emeralds would look great there.
And Lord knows Jay would not mind if you took them. He is not going out there to pick up the rest for some odd reason. If they are worth so much, why in the world would he not at least go out and pick up more? Shoot, he could have anyone that owns a boat TAKE him out and offer them 10% of the finds of the day. I bet people would take him out for almost FREEE, for the thrill of diving on the emeralds. But he lets them lay out there, doing nothing. So I say go get some Ed, and if you get enough I'd love to put them on a shelf of honor.
All gone! At least for now.
I think the .0008 ask is about to go away ...
news from Florida.
Same industry as us. Shows it CAN and DOES happen.
"This weekend, he and his crew of three found quite a few "needles" in their oceanic "haystack" -- 48 gold coins that date back 300 years, to be exact.
The coins, called escudos, were part of the treasure aboard a fleet of 11 Spanish galleons wrecked by a hurricane off the Florida coast on July 31, 1715. It was this famous shipwreck that gave this part of Florida its nickname, The Treasure Coast."
And this is what I've said WE should do for YEARS.
"The coins will be sold to private collectors and the money raised from the sale will finance further searching of the wreckage site, Brisben said."
If we sold some of our silver splashes and coins through auction instead of putting them on a website with near zero hits, we could have funded a lot of our future diving without the dilution and partnerships and such. Ahhh, but that is past. Maybe we shall learn our lesson and start selling the NEW finds when we get whatever percentage we get after the DR, after London, after the partnerships, and after any other financing that requires some of the finds or the proceeds from those finds.
NO matter what - it is good to see someone just like us, who hasn't hit anything for years, finally DO it. It shows that it can happen, and with Billy on the trail, I think we DO have a shot.
Here's the article. (and these guys look like weekend divers. No arch. on board, no marking of the area, heck, he doesn't even have a glove on while diving, and is blowing away sand using his bare hand as a fan.)
http://www.cnn.com/2013/07/14/us/florida-treasure-found/index.html?hpt=hp_t4
buccaneer I'll try to answer that.
First off, the market HAS responded. the stock has gone from .0001 to .0009. Still a pretty low price, but if you look at it that's quite the nice little rise percentage wise. However, the questions is why not MORE. The answer is (IMHO) because this company has screwed things up in the past, so people are cautious. And what we are finding will continue to allow us to survive, but not put us over the top. Not "yet". When (if, I know, but I'm beginning to feel more comfortable with "when") we find a BIGGER cache or pile of treasure THEN we'll see more response. When outsiders hear of a LARGER discovery., then they will buy in. For now? It is still a small mostly unknown treasure hunting company with a checkered past trying to find the big one. So the price reflects that.
On the positive side it reflects that we ARE diving finally, and the is why we are up to .0009. On the negative side, we are not reporting financials like we should, Wilf is still involved and that hampers some, and we have lots of shares outstanding because we didn't fund ourselves with previous finds, and we have not found the big one yet, and that is why we are at ... .0009.
I'd say we are up some on some optimism, but not up much due to the lack of the big one found so far. Wait, be patient, look towards the immediate future (While we are still diving) and keep rooting for Billy to find so much shiny yellow that he can't lift it even in water! THEN the volume will follow, the price will rise, and we'll see less zeros. OH, and if we would sell what we have NOW, like in that treasure wreck related auction that is happening in October in Florida, which WE SHOULD BE IN WITH OUR EXISTING ARTIFACTS AND COINS, I think we would gain some money AND some share price even NOW. But management doesn't seem to listen to the "sell something off" crowd.
All opinion, but that's why I see us where we are, and what I am plooking for to make the price much higher.
I for one have no problem with the lack of volume right now. I think there is an order to things. If the stock price is to go up, these things have to happen - probably in this order.
First step we get some funding, so we can DIVE. If we are not diving, we are dead. Last year and back, we did not dive. So the stock dropped from over a penny to the triple zeros. Makes perfect sense to me. Many people, myself included, thought the company was dead. I watched it drop, and did so from the sidelines. I sold a long time ago, because of the failure to accomplish step 1. the captain even said he was stranded with no money and was complaining that he was in a very tight spot. things looked bad. But now? Now we DO have money! Without arguing over semantics of what "partial" means, I do KNOW this. Whatever that amount is, it is enough to get us DIVING. Because we ARE diving. So step one is done. At this time, we finally have some money and are diving. Oh, and how does that affect the stock? We moved from .0001 and .0002 to .0007 and bouncing around on that number and both sides of it. The.0009 that we hit today is the highest I've seen in quite a while. So it HAS helped some on the stock, but we are still pretty low. And volume is low. Because we gained a few supporters and some buyers but not a lot yet. I admitted it. When we FINALLY finished step 1, I was ONE OF THOSE BUYERS. And I am fortunately UP at this time. SO it HAS brought a few people in to buy by getting funding and getting back in the water. Days of zero volume? that's fine. Because I think that is FAIR. Until we prove ourselves, and complete step 2, we will gain a few new people but others are holding off.
Step two? We find a big jackpot. Has that happened yet? Doesn't look like it. Yes I know we are bringing things up daily, and that is a big positive for sustaining us in the future. But in order for this thing to right itself after the drop based on no money in the past, we need a jackpot. that is the goal at this point. We are no longer talking about possible future funding from London, or getting gas in the boat. that was step one, and despite not knowing exactly what the word partial means, we are diving. So our goal now is to hit the jackpot. And I know that is what Billy is looking for EVERY DAY when he is diving. that is why some people own this stock. the hopes of now completing step 2.
Step three. AFTER we hit the jackpot (IF we do) THEN people hear about us, see that we are priced low, and BUY shares. Volume goes up. Price goes up. People here celebrate. MANY new investors come on board for the ride. Short term based on the news AND long term for people wanting in on something like this. And not only are triple zeros gone, but double zeros are gone. We go up. On heavy volume.
So when you say there is no volume in the stock, and no one wants it, I'm okay with that statement. But you are putting step three in front of step two. If we hit the jackpot, which is and has been the GOAL of the company since day 1 (And unrealized so far. I know that) THEN the volume picks up.
Want to laugh at the lack of volume? Okay, do that. But until we complete step 2, I'm not worried that step 3 has not happened yet. If we hit the jackpot, the timing between that and step three shall be SHORT. As soon as it is announced we hit a major jackpot, people HERE will double up on shares. if we hit the jackpot, in SPITE of rising prices "I" shall be a buyer. Because I'm an investor, and buy when I think prices are going up. that's why I sold when I thought the company would go down, AND bought when we got partial funding. It won't just be me though. Friends of people here currently only watching shall BUY shares. NEW investors shall stream in. We shall hit breakout boards, and that shall bring in OTHER new investors. MUCH will be happening, all at once.
Will that happen? Well, as some have said - this is a lottery ticket. IF they hit the jackpot, we win. If not? then the stock continues to struggle. But I know that we had a ZERO percent chance of finding the jackpot when we were focused on step one - raising money to dive. Now that we ARE diving, and are working step 2, we HAVE A CHANCE. And that's all we can get. A chance that Billy finds what we are all looking for.
Don't laugh at the lack of volume. It is too soon. Step 2 first. Then, be a buyer, because whether you like the company or not, it IS going to go up if step 2 happens.
Treasure watcher is correct. I said that GME was auctioning off artifacts from the Punta Cana site. It is their SW site instead. My concept that DPBE should ALSO be auctioning off items at places like this auction is still valid. But the site those artifacts is coming from is a different site than the Punta Cana site DPBE was working.
So again I'll say it. DPBE should be SELLING their items. Auctions are a GREAT way to do it. If DPBE will SELL their items they can use the money to fund FUTURE dives. Makes great sense. But my focus is on DPBE and stating I wish they would do the same thing. Instead, Wilf has SAID he was going to sell items to fund future dives, then he said no he would save the artifacts for a museum, where we get paid over and over for people to see them, then the museum closed, and we STILL have not sold as many artifacts as I wish we would have.
My bad. So now that it is clear that it is a different site, can we now SELL some of OUR artifacts and make some money for future dives?
there are four steps to the business plan for DPBE even if they don't officially outline it this way. 1) Diving and finding the treasure 2) Getting their part in the split from the DR government. 3) Conserving those relics and coins so they are preserved. 4) selling them so the company can fund itself for the future and do it all over again.
So why is it that talking about step 4, an auction to sell off the artifacts, is not kept on the board? there is an auction coming up with artifacts from the DR. From a shipwreck. And the same auction company just did an auction of other shipwreck coins for other entities and people elsewhere. talking about that auction company, and saying that DPBE should use this, since we have been talking for a few YEARS about HOW and WHERE to auction the coins off, is a good topic. talking about the specific auction, and that the deadline is not here yet to consign, is a good thing. A good idea for the company. A positive statement giving a thought on the critical fourth step to the company's plan of business. I wish the information was still here.
Oh, and one error in my previous post. Although the artifacts in the October auction ARE from the DR, it is not the old Punta Cana lease that they came from. They are from the SW coast lease area. Man, so many leases and so much TREASURE coming up in the DR lately. Keep it coming up Billy, so WE can sell some off soon TOO.
The deadline for the artifact and treasure auction isn't until August 17th. So we CAN still get coins and artifacts into THIS auction if DPBE wants to do so.
We have heard for a few YEARS now how "we are 'working' with auction companies, and it takes a lot of time, but we'll get our stuff auctioned off 'soon'". Well, NOW is the time!!
This company will already HAVE artifacts from the DR from shipwrecks. from OUR old site! Why not ADD to their auction with the stuff we HAVE? We have coins on the website. Sell them at auction. A live and internet auction where LOTS of people will be bidding, and made FOR this type of treasure. I bet the best prices will be realized in an auction like this, not on our little website (When it is up and known to be running)
PUt the stuff in the auction. THIS auction. Already getting advertising out there, already in the treasure space, and already has items from the DR shipwrecks. Neb, you have push with the company. Can't tell them to SELL some stuff, so we have MONEY for FUTURE dives? The more diving we do the closer we are to the BIG find. And if we have to sell our little finds in order to fund to get to the big find? SO be it. That's how a company SURVIVES. that ore selling more stock, and we don't have that left to sell.
I think if the company is SERIOUS about selling the items (As Captain Billy wrote a long post about before the forum was taken down) they have found so far, to fund more dives, this NEEDS to be utilized. Otherwise, we know Wilf is just SAYING it and doesn't MEAN it. This is a REAL auction, WITH time to get items to them, IN Florida, where it should be, WITH other artifacts that will bring support, WITH a respected company that is selling millions in items per year already.
LET'S SELL SOME ITEMS, and LET'S DO IT HERE! My opinion.
nice
No, just that the SEC won't allow Wilf (the company, in his eyes) to sell MORE shares, since they banned him from selling more. But, he is wrong there. Since Wilf is no longer the CEO of DPBE, the company COULD do a reverse and sell more shares, under the name of randy Champion. Granted, we know Wilf is behind the scenes still, but he officially would not be selling any more shares, and he would use that as his loophole to market them anyway. It is probably wrong of him, since we all know he WOULD be out there hawking shares, but he hasn't shown (to me at least) any concern over SEC rules in the past, so I wouldn't put it past him.
My hopes are that Billy finds the big one this summer and we don't have to DEAL with a reverse. Money comes in based on the treasure we find, and THAT funds us for the next few years. That's my hope. And yes, hope is the right word, as it is a gamble. But, I'm "in" right now, and my gamble is based on Billy hopefully finding something big while we have this funding from London (Which is separate from the 3reale Company thing, even though some are trying to say they are the same thing.) My hope is NOT in Wilf - but Hoping Billy finds it since he IS diving. Go Billy!
bubba,
"Please provide proof that Wilf has no shares of DPBE"
What he meant was that the company treasury (Wilf) has no shares to sell, since we are maxed out on our outstanding shares. Not that Wilf personally doesn't have any shares. He was talking of the company.
Just an FYI, for clarification. Not taking a side on that issue. Just clarifying what he meant, since I can see you misunderstood him, and I don't know if he will respond to you.