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me too, Z. Me too.
neb,
Saw your answer. I'll agree with you on that one. thanks.
You must have missed my question. I'll post it again for you.
"ACTUAL SHAREHOLDER Sommy came down to dive with us this week"
Are you saying you are down there? Hence the "US"? Are you a crewmember of DPBE? Are you in the DR?
PLease let us know, as this is very important to know if you are an employee or crewmember. Are you an employee or crewmember of DPBE???
Actually waterchaser, it is not that good. " net proceeds to DPBE are somewhere between zero and 8%. " I think right now it as about 8%, but that is NOT net, as you said. that is GROSS. that is BEFORE the expenses, the salaries, and all that. the net? Yes, much worse. So far a negative number, well below zero.
BUT - if Billy hits the big one, then we move up no matter what. And that really is the only thing that keeps many here, IMHO. The hopes of the big one. The little coins? They will pay some of the bills, and give back to some of the investors, and hopefully keep us afloat long enough to FIND that huge payday. And at these levels, I'm gambling (that famous lottery ticket thought others have) that if they hit something it will help us a LOT. The key is that we are diving. the #1, absolute and only key. that we are diving.
And that beats sitting at the dock with no money, or just not going out. That was our past, and might be out future again if we don't hit it big, but for NOW, we ARE diving, people have BEEN there to prove it, we DO have funding (Or we would not be diving) and I'm gambling that this summer we shall find something. We'll see how it goes. I have some faith in Billy finding things, in SPITE of Wilf's missteps, and again - we are diving. So we have that chance. But if we don't find the motherlode, then these little finds won't help us, since the number for our split is SOOO low. Shoot, the other company that is divng down there (on the south shore and in PUnta Cana) gets 50% of their finds, and that is their gross (Still not net) and then they pay salaries and such off that 50%. But thanks to the past for DPBE, instead of 50%, we get about 8% as a rough guess, after all the splits and obligations from things Wilf has done. Sucks - but still looking for the motherlode! can't say it enough. the key, and only key to me right now, is that we ARE diving. It puts us in the game.
True,
"I really don't think it would make a difference if Neb was down there or not" To me, it would really make a difference if Neb was a crewmember/employee or not. To post, being an employee of the company, and ot do it anonymously, would be a little deceptive in my eyes. So knowing if he were an employee or not woud matter - to me.
Hope you are doing well. haven't heard much from you lately.
Sommy. Was that you with the chain down there? Nice find!
What? "ACTUAL SHAREHOLDER Sommy came down to dive with us this week"
Are you saying you are down there? Hence the "us"? Are you a crewmember of DPBE? Are you in the DR?
PLease let us know, as this is very important to know if you are.
ex - then why are we NOT looking for those two ships NOW? When we hit one that isn't the "big one" why do we worry about diving it and spending time picking up one or two coins at a time, instead of going on and looking for the elphant FIRST. Then, with the four or five boats we will then have, and the 20 hired divers we have after success of a MAJOR find, we can come back and work the other shipwrecks that DO have "good" stuff, but not THAT type of stuff.
Actual question, not sarcastic or nasty.
Question
" Not 100% when it's going to pop but if any news hits this its going to run hard"
And what type of news are you looking for from a treasure hunting company with no boat, no crew , no equipment and no permit to hunt any areas any more? Just asking.
"Once the float is locked up a little tighter we should see a big move imo" Yes we should. Becasued after all. they are a treasure hunting comapny. A treasure hunting company with NO BOAt, and NO crew, and NO equipment, as the crew stole that when they left for not getting paid. Yeah - LOTS of reasons why the stock should go up.
I'm sure you knew all that from your due diligance, right?
No Sommy, that was me mixing the two. My bad. POnder was responding to me. I mixed the two of them on a post, and took it down due to the mistake of mixing the two men. I'm surprised Burt's son didn't correct me on the error.
Trueblue, you are correct. I know some here are exaggerating what DPBE is doing, and that bothers me, but we ARE bringing up ;some" treasure, and that is GOOD.
"I agree that the other company that worked in the DR, I heard stayed at the docks pretty much most of the time" I just wish we were STUCK under that other comamny so long with teh Scipion. It gave us what we hvae, but if it were faster it would have been better. A nd the old treasure hinter that never left the dock? Man, he milked it for YEARS, until his reputation ended worse than Wilf's! Gotta admit. hter's not too many people who I think are worse than WIlf. But that guy was worse. I hear his son is not much better, but I dont know much about him.
"Could this be it??? Stay Tuned... "
"Sounds" like they may have hit somethig here. And you already KNOW. Sounds ike if WE, the other shareholders, want ot know what is happening, we need to wait and "stay tuned" to YOU for the disclosure. And you already have pictures, and have had MANY of htem lately, so we KNOW the company is ffeding YOU the releases of anything htat happens. SOunds like they are giving out that information still to ONE shareholder, even if it is something big. Sounds like another violation of SEC rule FD.
Sounds like.
Don't be fooled!!
"ONE DOES NOT EQUAL THREE "
I say
"And EIGHT DOES NOT EQUAL FIFTY"
My thoghts are that if they wanted to declare bankruptcy they had the perfect chance a few months ago. instead, they worked hard to get some money and try once again. So I don't see that as an option at this time. Maybe if this doesn't work and they run out of options, but not at this time. It DOES sound like something that the other guy that used to dive in the DR might try to do though. the company DPBE used to work under when they had the Scipion. That company never seemed to leave the docks to actually search for treasure. Yeah, in my opinion HE might do that but I think DPBE will try for one more summer to find things and make this work. And they are DIVING, so that is a positive thing, not something where they are lining their own pockets. LOL
To some that is true. "Sounds More Like A Little Bit Of
semantics than anything else" To others, it is a matter of following the rules or not following the rules.
That's more than semantics to some REAL shareholders.
WC
"Hard to believe that nobody cares about the company balance sheet""
I DO. See? On things like this, i AGREE with you. It is AMAZING that the company has not posted any financials in such a long time. It is TERRIBLE that they aren't keeping people updated on things. This company has a LOT of things they are STILL doing wrong. I AGREE.
I just don't agree with someone pondering all sorts of questions when they won't accept an answer to them! SO, YOUR post? I agree!!
Just one point.
"DPBE wants the public to call and speak to the WELL KNOWN FRAUDSTER WILF BLUM about dpbe.
NOT its CEO randy champion"
reality is that almost EVERy publicly traded company that puts out a release puts the name of someone OTHER than the CEO as the contact if you want ot ask questions. So putting Wilf's number there does not in itself mean that randy is not the CEO of the company. Ganted, WIlf is not the best name to put, but I don't agree with your thought that since Wilf's name is there that randy is not CEO.
I see the 530,000 traded. And 470,000 more are on the bid now at .0007, whereas when it was placed that was the ask. So the order was for 1,000,000.
Not huge, but nice to see someone new adding a little position. Just put some penny stock type money into this as (as others have called it) a lottery ticket.
Hey, every little bit helps, true? So another new investor, and an increase in the bid for today? I like that.
FInally the weekend. WIshing all a good few days off.
Okay, that's better. I TOO want to see financials. Although we KNOW what they will say. They have sold almost nothing, they have booked almost none of the sales they did make, they owe Lindale even MORE money than before, and they have a debt on the boat that was never disclosed, even though when there was no debt on it he was bragging how the boat is free and clear. Now that it is not, he doesn't mention that it is liened for more than it is worth. And the losses shall continue to mount.
That's what the financials would (And will) show. I think the bulls and the bears BOTH agree that is what will be shown for the past. The difference comes in the thoughts of the FUTURE. the bulls are waiting for Billy to find a bigger and yellow colored cache. The bears are afriad Wilf will take it no matter what is found. The financials though will be ugly, until a motherload is found.
But at least Billy is diving, and that is the ONLY way we are going to find treasure.
Seriously?
"Shareholders have the right and therefore DEMAND to see important data such as this is a FILING"
You think that an employee getting a paycheck is something you can DEMAND gets put in a FILING??
You've made some good points over the years. I agree with more of what you say than not. But seriously??? A filing? For a paycheck being issued??
I can answer this one.
"The crew is getting paid?
Says whom?? "
Says the crew. I have spoken to BIlly, and he is getting paid. SO is the crew. And it is coming on an ongoing basis from that "partial funding" that was announced a while back. FYI. SO although you can continue questioning other htings. please put this one to bed, as the crew has verified that they are getting paid.
Put your order IN at .0003. I petty sure you won't get shares by posting on THIS board. PUt it up on the market. There is a chance a M.M. will decide to take you out and fill you at .0003. But you can't get them unless you PLACE THE ORDER. Make sense?
Sommy,
I don't want you to hold up any certain amount of fingers. But I do hvae a request. How about holding up 1 - 5 gold coins in one hand? And when you get back, regardless of how the dive goes, please give us detailed accounts of how it went for you down there.
Not talking about buying ORRV stock. Asking if there is an opportunity to buy the BOAT that would be worth some profit. If it is worth more than the $10K they are asking, is it an opportunity? SOmehow??
Ed,
Is it worth buying and then trying to resell it somehow? Or doing somethin gwith it? Is there an opportunity here somewhere?? And no, I'm not silly enough to think it would be wise to buy it and go look for the emeralds! I';m talking reality here. Is this too low a price? Is it worth buying and then flipping??
Ed,
"If ORRV really wanted to do something, then I think the idea situation would be to buy the Deep Scan and go after all those emeralds that Jay said are lying all over the bottom at his former diver site.
"
I thought ORRV already OWNED the Deep Scan. No? They could just pay the storage fees, buy a tank of gas and go out to the emerald site. No need to buy the boat, if they are the owners, right??
Livefree,
Any idea what has HAPPENED to those artifacts you mentioned? SOme of those are old, from the last division. Yet nothing shows them as available, or sold, or ... anything.
that's the point that worries ME about this company. I have faith Billy WILL find things. And HAS been. But, those items found do not benefit the shareholders. Instead, they are given to Wilf and seem to enter into a dark hole, never to be seen again. So - anyone have any idea of what happened to the previous artifacts that we received. Going all the way back to the Scipion. We were going to sell htose. then we were going to put them in the museum. Now that the museum is long gone, what happened to all the valauble artifacts? And why aren't we SELLING them to FUND Billy got MORE treasure finds? thoughts?
true. You ask
"Are we going to find a project to work? Is there reason to work the area Jay found the emeralds in? Is 2013 the year we get off the pot?"
Work a project? WIth what boat? They have none. With what crew? they have none. With what eqiupment? they have none.
OPtimism is fine, but reality should also come into the picture. With no boat, no crew and no equipment, and no money to GET those things, WHAT do you think they can "do" in 2013? They don't even have that pot to get off of! Reality ...
Livefree. "Deep Blue recovers treasure, then sells some treasure , with proceeds Deep Blue retires shares of said stock to Deep Blues Safe"
I'd be happy with they recover treasure, they sell treasure, and they use the money to dive for MORE treasure. Don't forget that they have to pay Billy and the crew, pay other bills, and keep the lights on. I'd rather they use the money for that, so we can get more treasure, than buy back shares and have billy not paid.
If we find something worth enough, then I agree with you. take the EXCESS (of which we have NEVER had any) and THEN buy back shares. Just thnk you are one step ahead though, since the money needs to be spent keeping us in the water.
Crew. Yes, lots of nice artifacts inthe background. But - that video was uploaded in 2011. So what HAPPENED to those artifacts? We have sold so little, and we have had numerous divisions SINCE then. So, why aren't we SELLING artifacts to FUND ourselves and get more stuff??
A question never answered the same way twice in a row, and never seems to be acted upon. Even BIlly put up a long thorough letter of protest (for lack of a better word) saying that he was frustrated over the lack of SELLING these artifacts for MONEY. And now? Now it seems although a few coins are on the store site, most of these artifacts are no longer around. Makes one wonder. hmmmmm
Sure would be nice though if we sold artifacts and showed revenue and used that to fund more diving for more items.
Same industry. NO relationship. Although I think the DR is a better place to have a contract, as they don't give htings back to SPAIN when found. they don't recognize Spain's authority over items found. SO although a smaller company, they have that advantage over OMEX.
Allyboy,
"When they go back for the rest of the emeralds, it will be a story in and of itself."
Why have they not gome back to the site ALREADY? It's been months since the trial ended, and they are not banned from going back.
I don't understand why they have not returned to the site. Many months have passed and they are still not diving. If there are so many more down there, and the court gave them control of the emeralds, shoot, just go dive and bring back some MORE. Sell those, pay the courts, get the others and sell those too.
WHy aare they not diving NOW? ANyone know?
You better be at .0007 if you want them, because you'll have to stand in line to ge them at .0006.
DJ,
"That's the simple difference between being a lousy businessman/idiot and a fraudster"
Which is why I am STILL hoping that someone can come in and TAKE OVER for Wilf and get him OUT of this company. I thought it might happen this winter, but apparnatly not yet.
I think we CAN find some treasure in the DR. But we have a corporate side that is destructive and full of, as you rightfully said, lies. If we purge ourself of the main liar, then I think we have a shot to go up from here. But until Randy or someone else starts answering the phone instead of Wilf, who was "supposedly" removed as CEO and demoted, I see this company staying in trouble. And I'd hate to eventually see a silver splash ending up in Wilf's house and not on the auction block where it coud help the stoakholders and the company. A worry I have onthis next division. Just my opinion!
A good day, but the only thing that bothers me (Just a little) is that for the t thre days I have been literally almost 100% of the total volume. Granted that's wqhat it takes for a stock to go up. A buyer buying shares. But I would like a few more people coming in too.
I think they will come though. S I'm glad to be in before they get hre. Not the pumpers. Like you, I'm glad to NOT see them But I think we'll get some buyers in the short term when the contract is finally announced as renewed, and when the TV show hits a few people who don't know about the stock as of yet. Hopefully that can carry us with a few bujyers out of the triple 0s.
Only negative I see at this point is that ... we still have Wilf too involved, IMHO. I wish Randy were truly in charge (or someone else, if that wouldn't work) and Billy were diving, and Wilf was "just" an employee, and not running the show. His lack of truthfulness still worries me long term for this company.
.0006 taken out!
And didn't get as many as I hoped for.
But .0006 is as high as I'll go today. At lesat there is now support (today) at that number, plus the ask is now at .0007. Wish I got them at .0005, but I'll take them at .0006 today if there are more out there somewhere. And mine is not on a pump play like last time it moved up a few weeks ago. Those guys came and went fast. I'm buying based on the hopes of a TV show making a littl eimpact, plus the contract geting renewed "shortly". (In two weeks? Ouch. DOn't want to say THAT! lol)
Let's see if today I can take the .0006's out. Right about ... now.
I took out .0005 on the ask again. Was happy to see it drop back to that. Wish it was larger than just 400K shares, but took those anyway.
maybe someone will sell a few more by the end of the day.