Maybe they were crooks and a "policeman of sorts" saw them as they were bringing them to the USA. HIs name was Superman. He thought the green rocks might be green kryptonite, so he dropped a big rock on the boat making it capsize and the emeralds sank to the bottom. then Superman swooped in and nabbed the crooks and their boat and flew them to prison.

Just as likely as some of the hoped for stories around here. HA!

And a note to the board in genearal. They have a 5% STAKE, not a 5% STEAK. They are emeralds, not a piece of meat!

Nope, I"m talking about Billy the captain who is diving and finding us the artifacts and treasures we have found so far.

Ponder, I agreee with about 90% of what you write. (Probably 100% of what two of your authorw write, and maybe 75% of the third writer using your name.) Which is why I sold all my shares after a personal lie about me from Wilf, and even disclsoed the lie AND my selling when I did it. It's alienating investors like myself and many others that make this stock continue to suffer, so I know that Wilf is a problem to the share price.

But just like Wilf lied to you, and lied to me (And about me) and lied to all the other shareholders about things that were going on, I think he also lied to Billy. Lied about lots of things. Imagine having to WORK with this man! Well, Billy does.

And Billy (this is all opinion now, based on bits and pieces of this board, the DPBE site and radio shows and then interpretation of those things.) was told lies, and in the course of those lies was appointed to a position that sounded okay. He took it and then saw that it was not what he wanted. He wanted to dive. to be a captain. to be on the water, not on the corporate files. SO he told them to take him off of that position, and they did.

that is my GUESS as to how this happened. He was duped by WIlf, just like I feel Randy is being duped by WIlf to be the fall guy as the "CEO" even though Wilf is making the decisions. I think Randy is foolish to have the title and allow the things that happen to happen. Becasue they are on his watch, and he will be legally the guy responsible for them. Again, my opinion. I'm trying to be clear to everyone here that this is a post where i am giving opinion and not facts. Anyway, I think Billy took the position, found out it was not what he should be doing, and gave it up. I say that based on the fact that he showed up on the forms for a little while, was announced as a director, and then disappeared from them after that. he is no longer listed as a director, to my knowledge.

We've all been duped by Wilf. So I say lighten up on Billy. He is a victim too. And he is probably still owed back wages, if everything I have read is right. I don't know if they paid him current with the sale of the boat or not, and I don'tknow if he has been paid SINCE then to be current, but I know he was behind by a LOT before that, per the words of officers of this company. I doubt Wilf would pay him 100% of what was owed him, as that is not Wilf's style. Wilf always tries to skim from the top. So I "bet" he is still owed back wages! Yes, this Billy is whom I am talking about. You don't blame the investors who bought based on wilf's lies for owning, right? Because they heard a lie, believed it, and bought on that lie. they were duped. I use the same measuring stick for BIlly and Randy. Both victims of being duped. BIlly was smart enough to get out of it quickly. randy is still sticking in there as Wilf's patsy. I don't know how long that will last either. I don't think, still in my opinion, that wilf will take back the position. he doesn't NEED to. He can do as he pleases, and yet have no liability for his actions, because he is only an employee, and randy is the CEO. Randy has that liability. So I think Wilf will let him stay in that positon until Rnady finally says enough, just like Billy apparantly did, from his posts of the past.

That's my opinions on the people here. I like Billy. MOre than that, I think he is doing a great job as a captain and our dive guru. I like randy. I think he is doing all he can, given the strings he is stuck with and the circumstances. I think he could do better, but he is not really running the show. I despise what WIlf does though. I think he uses people, I know he lies and twists things to suit his desires, and he is not to be trusted, IMHO. I think he dupes US, I think he duped the kool aid drinkers even deeper than you or me, and I think he duped Billy and randy to be his patsies.

Yep, I mean "that" Billy. Captain BIlly. NOt director BIlly that you are hammering. Director Billy was a short lived person who does not exist any more, and captain Billy is still working his butt off for us. I say stick to the long term of what someone is, and that Billy is who I think is a gfreat ASSET for this company. WIlf? I think you can shorten that word a little to get waaht Wilf is to this company. Hey, everyone has an opinion, and that's mine.

DPBE has a zero percent ownership in anything from the emeralds. they sold their shares of ORRV, (according to Wilf quite a while back) so they don't own anything there. I don't know if Wilf or randy or any others still own their personal shars of ORRV, as I don't pry into personal lives, but even if they do, that woud be their shares, not DPBEs.

But we have something BETTER than emeralds here. We have Billy!



NOw if Utah would quit screwing up what good BIlly has done for the company by their own errors, we'd be in a lot better shape.

I think buying on Wednesday at .0007 and .0008 when the news came out that the 60 minutes would be shown, and then selling on MOnday at .001 after the show, and making 23% on my money in less than a week ... turned out to be a brilliant move.

HOLDING this stock? Not so brillaint. Not yet at least. And probably never so, IMO.

A company that is a treasure hunting salvage company that 1) has no boat (Isn't the Deep Scan deep sixed now?) 2) Has no equipment 3) Has no diving employees left and 4) has no money to dive ... is a terrible investment. To own it because it "might" have part of a DIFFERENT company that supposedly DID find something, and that something is about as believable as a pig flying? Also not a good reason to put good money in for the long term. Let's see 1) the emeralds were on top of the mud, even though everything else that goes into the water sinks below the mud (MIracle emeralds!) 2) the picture showing one in the hand of a diver supposedly ON SITE was in shallow water of maybe 10 feet? Yet the claim is now that it was in 60 feet? Scary contradiction showing they are LYING as to the location of the find. Is it on someone else's claim?? Hmmm 3) The person who found them is so far in debt that he may not make a penny profit when they are sold off, according to what I just read on here in another post, leaving ORRV with a 5% ownership in a zero profit 4) There is a substance on the emeralds that says they are not what they wre claimed to be. 5) Oh boy, the list goes on, and I don't want to. So I'll say - the emeralds are not something I will bet on, and I think Jay would FAIL the lie detector, because his story has CHANGED too many times.

I know i made 23%, and I posted when i was buying, AS I was buying, and I posted AS I was selling, not after the fact, showing my gains. Not on much money. Just a few undisclosed million(s) of shares. I think overall though the rest of you are chasing a bad story, and just like DPBE, it is going to end poorly. Own this pig short term when news comes out, make some money and move on. Otherwise, I think owning a company that dives but has no boat is a silly thing to do. Logic has gone right out the window when you talk of the emeralds. As if ORRV found them. they did not. Owning it because it may have its hooks on someone ELSE who found something that is not what it was stated to be? Also not a reason to own a company. YOu should own ORRV for what ORRV is doing. And since they are doing NOTHING, own NOTHING, and don't even hae their equipment To dive any more, much less the boat (All information given on this board in the past, which is what I am quoting) then why be excited about a company that has AALREADY failed in its own busienss?

SHort term. the only way to go. Make a little and then move back to the sidelines. And if the emeralds hit big, with the lack of people knowing of this company you can buy in again a little higher on the way up and still be part of that rise. WHich I don't think will ever come!

IMHO, and nothing else.

When you take an EQUITY position, you are not still owed DEBT.

They are two separate types of money raising approaches. Either debt or equity. If we OWN 5% of the company, we are not a CREDITOR. We are an EQUITY owner.

A bank takes a LIEN on a position, but if they foreclose (OWN it) then they are no longer owed a debt. they own the equity position. Even the bank can't have both though. They can't take an equity position (Which they get by foreclosing) AND be owed the debt. It is one or the other. Equity or creditor. We can't own 5% of the company, as you have stated more than once, AND be a creditor. ImpossibleAnd if he used the stock as collaterial, then we are not he owner of the stock. He just would owe us the amount due plus interest, witht he stock backing the loan. that would be TERRIBLE for us, as that would mean we are owed only a dollar amount, not a percantage of the find. A s OWNERS, we own 5% of the net income to the company, which is whaqt everyone here, including yoiurself, has said is reality. So we own an EQUITY position of 5%+ in the company. therfore, no DEBT for that position.

Look it up and hopefully learn something.

Littlebride - 2 of your messages are contradictory.

You say that we own over 5% of the comapny because we gave Jay money. then you say <<We are one of the lenders and should be compensated for monies that Jay borrowed !>>

Both can't be true. We gave Jay money and/or services. We took an EQUITY position for that investment. As you already said. Over 5% of his company. therefore, since Jay;'s company owes that money, and we are owners in part of Jay's company, we are not OWED that money. You can even say that we OWE it (Although I;'m not saying we are liable for it. Just that the company we own owes it) But we are not a creditor. We are an equity partner, and own a part of the company that owes it. that is all.

It's like buying ORRV shares. ORRV owes someone money. We, as the "owners" of ORRV, are not responsible directly for that debt, but what we own (shares of ORRV) is responsible to the creditor as the debtor. And "we" are not "owed" anything for our money investeed to buy the stock.

Neither is ORRV OWED money because they took money (And services) and put it into the stock of Jay;'s company.

We can't be owed for our money AND be equity partners both. One or the other is wrong. (Hint: We are not creditors (Or lenders as you called it)

I think a LOT of people will dump. INcluding some that are talking to you about the shares going up. Boomer himself said he wants it to go up so hecan sell. Not hold, but sell. So others are selling too.

I took all mine off the table at .001, and although it may run I feel GOOD about that price. Since I bought last Wednesday on the announcement of the 60 minutes show airing. Buy on rumor, sell on news. It is a time tested strategy.

So although it may run, we are talking about anownership in a company (5% at that) that will be tied up in courts for a few years. No matter WHO wins when they announce it, the next step is an appeal. Followed by another appeal. Followed by a retrail of parts of it. Followed by an appeal. Then maybe a verdict. IF someone like Spain doesn't get involved and throw it all in a tizzy. So I say sell on this news, take what you have, and then down the road you can probbly (My guess) buy the shares back if you want for the long haul.

Just my philosophy. Not always right, but it has served me well. And in this case too. did well, held for 5 days (Wed - Mon) and now am out.

GLTA!! on the shares you hold.

Short term goal accomplished. Bought last wednesday as I posted here I would. Sold just now. Yep, sold WAY early. But I am not in this for the long haul court battle. Just the money picked up in the short term trade.

Bought at .0007 and .0008. Just sold all of them at .001. Up about 23% since last Wednesday when i bought. I'll take that. May give up a LOT of profit if this thing runs, but if so you guys can keep it and I wish you well. I'm invested heavily in this industry already with a company that actually is DIVING, owns a BOAT, and has just done two divisions with the D.R. government. (talking ARSDR, not DPBE. WIlf is a patho. liar, IMHO, so I will not own that one, inspite of BIlly being an asset over there). I like thier odds better than ORV, where the Deep Scan looks to be on dry land, they have no othe rboat, their equipment is gone, and although they have a claim long term to these emralds if Jay wins (I hope he does) to me this is still not an operating company.

ANyway, good to be here for a few days again. first time since I sold after the DPBE spin off of this company. Back to the sidelines, and I DO wish you guys this runs all the way to over a penny. I know you will all celebrate if it does.

YOu're mumbling son. Speak up.

So Friday is the day to load up - just in case things hit big on Monday after the 60 minutes episode. You never know ...

And if nothing happens, or it is not mentioned and it doesn't generate interest for Monday morning, then it will probably just open Monday about where it closes on Friday. LIke any other normal Monday opening. It shouldn't hurt us too bad from Friday to Monday. But if it hits big, then being in on Friday will be a great thing.

I see a "potential" good reward short term if the report is good, and minimal short term downside if nothing good comes from the episode, so yep, I think Friday might be a good day to load. Or even today, before others on Friday.

Don't know. Just ramblings. SOmething I'll have to think about though, whereas before I was not even interested in buying. Just sitting on the sidelines and watching. So now that I am thinking of buying (Maybe today instead .... hmmm) I hope others have the same thoughts, and that moves it higher between now and Monday.

dj. If they (ARSDR or DPBE, or both!) SELL the artifacts, then no certified appraisal is needed. Because the sales will be the price they are booked at. the appraisales will be moot at that point. SO the idea of ARSDR makes GREAT SENSE.

That's what i wanted DPBE to do. For two YEARS now. SELL some things, and fund the company with the sales. talking about what another company is doing that WORKS, in the hopes that DPBE does it TOO is not off topic. It is good ADVISE for THIS company!
So thanks for the link being on here. Shows what CAN be done.

Isn't that really what ALL companies do? Even Exxon funds its purchases of new crude by money earned from selling its retail gas (And other things it sells.) Just makes sense. YOu bring in product, you sell it for a gain, and you use the money to buy more. Buy at wholesale, sell at retail, and the difference is called gross operating PROFIT. In our case - we said we were going to sell the artifacts. I SAW it and personally HEARD it. And the shareholders would have the first shot to buy the artifacts, but they WERE going to be SOLD. Then we changed our mind and said we were going to "rent" the artifacts out by putting them in a museum. then we said the museum was closed. But still no word saying we were selling the artifacts. Or even what HAPPENED to many of them!

WHY NOT?

We can't put money out and put money out and put money out all the time, to get these artifacts, and then SIT on the artifacts while we DILUTE outselves from 100,000,000 shares (which after the reverse became 20,000,000!) to 1,800,000,000 shares, without selling items and using what we found to fund the company! Oh wait a minute. We DID finally sell someting off. A BOAT.

Sell the artifacts, get some money and SAVE this company!!! Stop GIVING coins to people who come visit in Utah, to non diving personnel, and to investors. SELL them, and you'd have something other than more DILUTION for capital!

Yes, i think the way ARSDR is doing it is MUCH better than DPBE, and I hope DPBE LEARNS form it. Not that I think WIlf CAN learn. He has HIS way, and that's the ONLY way, IMHO. That's where our problem lies. His way has not worked, and he won't look at any other way.

And if the company goes belly up, you know what? the shareholders get NOTHING, and the creditors have claim to the artifacts. Who's the largest creditor of the company? Alex LIndale - WILF. SO HE gets all the artifacts that he SAID he would SELL, and we get ... nothing!

Sell the artifacts Wilf, instead of keeping them for the day YOU take them. Sell what you haven't given out already!

YOu searched on google, not on youtube!

It worked fine for me.

I clicked on it to see. CLicked to the middle to see if it was stilll playing. Happened to click to about 3:03 on the footage. Heard two things in the eight seconds I listened to. See if I can get hese quotes close to what I just heard ...

1) "they have ALREADY (as of way back then) pulled up about 2 BILLION dollars worth of treasure from teh Deep Blue." - James Brolin talking

2) "Every time we pull ANYTHING from the sea, you can see it LIVE on our website from now on" - WIlf himself talking.

That's the few seconds I listened to.

But it came up FINE. Don't know why you can't pull it up.

geez guy. All I did was go to youtube and type in "Deep blue brolin" and it came up numerous times. How hard is that?

Look at that video again. It talks about NUMEROUS people that are on the dream team. Ask how many are still there today. And what happened to the others.

the answers are not pretty.

DPBE's store is terrible!

I went on the site two weeks ago. Found a coin to buy. Put it in my cart. Hit check out. Went through all the steps of putting my name and address in, my other information, etc. then it asked for my credit card. Put all that in, and the billing address. Then it asked to confirm the order. I did.

that's when it said "This transaction is not allowed". And booted me off the site. I was not happy, but figured there was a glitch. So I tried again. Nothing was saved. Bummer. I started over. Put in all that information AGAIN. Got to the confirmation. Hit that. Said it was no good again, and booted me off site.

I then sent an email to the "contact us" email address, which should have gone to the offices. told them which coin I wanted and that it would not let me buy it. that was two weeks ago. No response yet!!

How can we run a company when we don't allow people to BUY what we are trying to sell, don't respond to their emails to buy, and tell them it is not authorized. Just doesn't make sense.

Why did I decide once again to even buy anything from this company! they screw up everything. And what happened on the site is a TERRIBLE thing to happen to ANY customer trying to buy ANYTHING from ANY company!

Maybe they don't want to really sell anything. this way when Wilf decides to shut it down He can take the coins against his debt. Just a guess. But it did not allow me to buy a coin.

I guess they don't need to sell things for MONEY.

I wouldn't really say it is up 85% today. the ask was close to this yesterday, but it traded at the bid. today it traded at the ask. it IS up, which is good after yesterday's disaster of a day, but if someone trades 100 shares at the bid, it drops back down 40% of the 85% it is up. So it's more a function of which side the last trade is on than truly being up 85%.

But it's green, and I'll take that ANY day.

The current CEO is barred from returning to the DR? What are you talking about there? PLease expound

What's the prior financing look like for this company? How many shares di they sell at what price in the private rounds? When are they looking to go unrestrcited? the float is low. Does anyone know when it will rise, and how fast?

I'm curious about the potential for shares to be dumped in the near future. That's why the prior financing might be important.

thanks.

Yep, that is correct. But if NITE has any sell orders at .0009 they won't show. Because they are showing what they have at .0008. And if VFIN has some at .0008, they won't show either, since they are showing at .0007.

that's my point. You can't see what is available up to .0012, because the same MM parobably has more sells after the one they are showing, but they can't show that one and the low one too. ONly one at a time. their "best".

See my point on that?That's all I was saying. NITE has had some big orders on this stock in the past, and could very well be stacked from .0009 through .0012 with stops at every single point along the way.

And yes you are correct also in that VFIN is showing the minimum required of 5,000, but may or may not have more behind that. NOrmally on low priced stocks like this they don't show the minimum, but instead show their full position. They may not have on this ask. no one would know unless they placed an order to see what happened to that number on the ask.

trueblue,

there's really no way to know how many shares are between here and .0012, because if a market maker has orders to sell at .0006, .0008, .0009 and .001 then they will show up with their ask at .0006. There may not be many other market makers showing other asks up to .0012, but if the first market maker gets filled at .0006, his ask now goes to .0008.That's something not showing right now, and one might think a new order came in, but in reality it could be there right now already, and just not showing because that same MM is on the ask at .0006. And in little stocks like this and DPBE and others, there are few market makers, so some carry the heavy part of the load. That means you will see scarce asks up to a certain level, but the main market maker is not showing all his cards. He can't, since he has to show his lowest ask, and that is all that shows.

make sense? Granted, I'd love to see this run to .0012. Or .01 even. And I"m not saying it can't. Just saying your statement is not correct, because you forgot about the same market maker having other sales lined up behind their current ask that is showing. An FYI.

enjoy your posts. GL.

I just went to youtube and typed in Brolin deep blue. It came right up.

Whew.

But they need to put that on more than just the "forum" page. Like maybe the MAIN page or the CONTACT US page. That's where MOST people will go for a phone number! Many people, like me, do not read the forum in order to get news.

Typical of this company though. They can't do things the way most companies would.

Thanks for letting me know.

Is the company gone??

I'm serious. What's going on?

Despite my differences with the previous CEO, I decided to buy a coin on the website today. Went through the entire procedure, picked out a nice coin, ran my information through their system. Put my credit card in. Got to check out. Filled that in, and finished it. Hit the word "purchase" to finalize the transaction. It came back " This transaction cannot be accepted" Tried it twice, and both times it came back as cannot be accepted.

So I decided to call them. I want to buy a coin. Heard so many good things about the one bought by someone here on the board that I wanted one too. I called the main number for Deep BLue. It says "This number has been temporarily disconnected." Not good. I went to home page. Looked at the number that the company has on the company website saying that is the number for the company. It had the same number I had. I tried it again, to make sure i dialed right. Yep. temporarily disconnected. So the main and only phone number on the home page AND the "contact us" page for this publically traded comapny is not in service. Not good.

next I decided, agasint my own desires, to call Wilf's phone number. That one said "The voice mail box for this number has not been set up." and said good bye. He's ALWAYS been available, even if we argue at times.

Dang, I'm trying to give them MONEY, and there are no working phone numbers for anyone in the company or for the company itself??

Did something happen in the last day or two? That might explain the lack of posts on here too, but I hope I am just panicking and nothing is wrong (Other than the norm). maybe it's just a problem on the website and the phone bill was not paid, and it will be soon. the office moving from the eviction?

Anyone have any information? And why are there no posts all of a sudden for two days? Coinciding with the phone not working, the store not working. We had posts form 29085 to 29119 on MOnday, 120 - 129 on teusday, 130 - 144 on Wedensday, allshowing goo dactivity, and then ZERO yesterday and so far today?? Doesn't seem normal for an otherwise active board.

Is the company, and the bulls with it, gone?? (And I hope the answer is NO.)

Thecount -

Yes, astrolabes are pretty rare. Global Marine exploration (ARS is the old name) just found one though in the DR, not too far from the DPBE contracted site. As you can imagine, they are pumped about it.

Did you answer my question on the boat price?

Didn't think so.

So none of yours will get any responses right now either.

Why does everyone keep bringing up the things Wilf did in the OTHER company that violated SEC regs, and yet keep ignoring what he did in THIS company that I feel strongly that violated SDEC regs? Just because he has not been brought up on charges yet?

Let's go back to the reverse split.

Wilf said (And it was posted at one time, but on the old blog and now is gone - to protect the guilty in my opinion) that he was letting shareholdes know via that website that there was a meeting, and that there was a vote on a reverse split. NOthing was mailed out to the shareholders. Then he said that the form to vote was on that site. And if someone didn't vote, that their shares would automatically be voted FOR the split. Many people did not ever know there was a vote. It was not distributed the legal way. Yet their shares were voted FOR the split, because that's what Wilf said he would do.

Voting shareholders shares the way you want, without legally notifying them that a vote is taking place, and justifying it by saying it was on a site that very few people ever visited, is NOT SEC approved. Yet the reverse split was "approved" by shareholders, and happened.

At the same time, the authroized shares was going to go from 500 million to 100 million. WIlf said no, that would increase the stock price, by doing a reverse, but not give him any extra to sell. So he said (in the middle of the ordeal) that he was going to keep the authorized at 500 million. He changed what people wee voting on after some had sent in the ballots showing the other way, and never asked for new ballots for his new propposal. Again, I don't see that as SEC approved.

Later, I found out the authorized had been moved to 2 billion. I asked how that happened. He responded and said that they had almost enough shares to do it without needing anyone else, but needed some more votes, so "he called a few people on the phone with shares, got their verbal okay, and DID it." No announcement at the time he did it. NOthing. It just happened. Of course, later some said "Oh yeah, I heard about that before it happened" but in relaity they did not. No one did except those who were called, until after the fact.

this is not the way to run a public company, and I think that what Wilf did on the reverse split was against SEC rules and is a problem. I say his flaunting of SEC rules is an ONGOING issue. So don't JUST talk about what he did elsewhere. He did things here TOO.

And the posts about this were posted saying it was not right AS IT WAS HAPPENING, are probably still up on THIS site, showing that he was told at that time that having a "shareholder meeting" that is announced on a sparsely viewed site, and then voting shares in the way he wanted when those people did not give him a proxy, was WRONG. He did it anyway.

No interest in that?

Did we hit another "all time forever since the stock came public low" again today?

I think we did.

0.0004.

It could DOUBLE from this price and current bid, and still be in the trip 0's.

My sincere condolences to most longs. I know that many of you doubled up when it dipped to about 0.005 (Half a penny) and again at 0.002. When it hit triple 0s, and was at 0.0009 many were buying huge, according to your posts. talking of dropping your average to about 0.0014. Now, that average too puts you down about 75%.

So although I personally think you have been had by Wilf, I offer condolences for your losses. they are never good, even if they are on a sub-penny like this. 75% is 75% and it doesn't matter if it goes from 0.0014 to 0.0004 or $14 to $4. Sorry for your losses.

I see you posted some replies to others, but you must have missed my post asking you a question again, since you didn't reply to it. Or even respond to my answers to the questions you asked of ME.

So I'll paste it here again. See if you can reply this time.



neb,

I asked a simple question. You went on a rant and never DID give an answer.

<<It doesn't matter WHAT I say the boat sold for...

We all know what will happen...I will be mocked, called a liar, be demanded to prove it, >>

Sure it matters what you say the boat sold for. Because you know the amount, and I asked you about it, and I'm sure many others here don't know either, it would be nice to find out. if someone else mocked you, it still would allow us that didn't mock you on that topic to find out from you.

I politely asked for an answer to a quesion I have that you posted you knew the answer to. Your response was uncalled for. A simple answer would have been appreciated.

And you asked me some questions. Know what? I SHALL answer them. At least to the best of my ability. In spite of your lack of an answer (why boast that you know the answer about something and then refuse to give it when someone earnestly asks it??) I'll answer your questions.

So here goes. I'll insert my ansewrs behind each of your questions.

<<Actually, let's turn things around a little bit. On the financials, the boat is valued at $109,000. What price range would YOU be happy that the company received for it? >>

I'm just happy it sold at all. We weren't using it, so it is good to have the money, good to havethe things paid for that needed paid, and good to not have an ongoing expense for it. If it sold for around $109,000, that is great. Even that helps me some, as I had no idea what a boat like that is worth. Granted, it still may have sold for $50,000, or $150,000, I don't know, but that at least gives me a closer idea. thanks.

<<
Would also like your opinion on some of the oft-repeated statements here such as -

"There is no treasure" >> I firmly believe there IS treasure, and if not for a glitch in the website I would have owned a coin. While the webmaster was trying to assist me someone else bought that coin. I'm hoping more go up for sale.

"Any photos shown are likely photoshopped" Don't think so.

"The CEO is a double-dipping thief" I think he IS getting paid, but is doing it as a consultant. HIs statment that he doesn't draw a paycheck was semantics. He does. But that check goes to his media company, as a contractor, and then he gets paid. And apparantly he is or was behind on those payments, so it showed up as a debt. I think the OLD CEO is ABSOLUTELY a thief and a liar, and unfortunatly I think he is still running much of the show behind the scene. But I think Randy is trying hard. Not perfect, but trying hard. I think Billy is the best asset they have (I know you didn't ask, but it just fits right there)

There you go. I answered. NOw ... will you answer my simple questions to someone who says he has the answer? What did the boat sell for?

neb,

I asked a simple question. You went on a rant and never DID give an answer.

<<It doesn't matter WHAT I say the boat sold for...

We all know what will happen...I will be mocked, called a liar, be demanded to prove it, >>

Sure it matters what you say the boat sold for. Because you know the amount, and I asked you about it, and I'm sure many others here don't know either, it would be nice to find out. if someone else mocked you, it still would allow us that didn't mock you on that topic to find out from you.

I politely asked for an answer to a quesion I have that you posted you knew the answer to. Your response was uncalled for. A simple answer would have been appreciated.

And you asked me some questions. Know what? I SHALL answer them. At least to the best of my ability. In spite of your lack of an answer (why boast that you know the answer about something and then refuse to give it when someone earnestly asks it??) I'll answer your questions.

So here goes. I'll insert my ansewrs behind each of your questions.

<<Actually, let's turn things around a little bit. On the financials, the boat is valued at $109,000. What price range would YOU be happy that the company received for it? >>

I'm just happy it sold at all. We weren't using it, so it is good to have the money, good to havethe things paid for that needed paid, and good to not have an ongoing expense for it. If it sold for around $109,000, that is great. Even that helps me some, as I had no idea what a boat like that is worth. Granted, it still may have sold for $50,000, or $150,000, I don't know, but that at least gives me a closer idea. thanks.

<<
Would also like your opinion on some of the oft-repeated statements here such as -

"There is no treasure" >> I firmly believe there IS treasure, and if not for a glitch in the website I would have owned a coin. While the webmaster was trying to assist me someone else bought that coin. I'm hoping more go up for sale.

"Any photos shown are likely photoshopped" Don't think so.

"The CEO is a double-dipping thief" I think he IS getting paid, but is doing it as a consultant. HIs statment that he doesn't draw a paycheck was semantics. He does. But that check goes to his media company, as a contractor, and then he gets paid. And apparantly he is or was behind on those payments, so it showed up as a debt. I think the OLD CEO is ABSOLUTELY a thief and a liar, and unfortunatly I think he is still running much of the show behind the scene. But I think Randy is trying hard. Not perfect, but trying hard. I think Billy is the best asset they have (I know you didn't ask, but it just fits right there)

There you go. I answered. NOw ... will you answer my simple questions to someone who says he has the answer? What did the boat sell for?

Neb,

If you know how much the boat sold for, can you please post it here. Not attempting to mock you. I do NOT know how much it sold for, and would like to know, since it is an important source of income for the company in 2012. So I'm asking for you to post it. Thank you.

true,

<<and my opinion is dpbe is the only company finding artifacts and working where Spain doesn't claim all and everything for themselves!>> there are two other companies working in the D.R., so three that have the same advantage. Just an FYI. IN case you didn't know.

Max,

I haven't seen you update the board with the latest radio show since December. Are you alright? Everything okay with you? YOu used to do it weekly, and now nothing.

Here's hoping you are in good health and all is okay with you.

Again you take what was said, change it, and then think it is real because you said it.

<<When someone stated AS FACT that a Billion shares were dumped on the market at a price of .005>>

I was the someone you CLAIM to have said it. Yet I never did. I showed to Randy how the company raised a LOT of money and asked where it all went. I asked on the radio show, so I could get an answer. Randy told me to put it in writing so he could research it for the next week. I POSTED the letter I sent to Randy to be answered on the next radio show. Randy then ASKED me to remove it from the board until he could respond, and I did as a courtesy to him. It showed the amount of shares sold, and the current valuations of the stock at those times (prices where they WERE, not at .005. I NEVER used that for the selling of all those shares. never) the next week, WIlf came on the radio show as a "guest" and LIED. Lied about what i said, and it was in WRITING. Lied about the amount of money raised, lied about the loan amounts, and lied when he said that "someone" (Everyone knew it was me, as I as open about it) said they raised ... then he used a number that was NOWHERE near what I WROTE, and said it was wrong to think that. It WAS wrong to think that. But I NEVER DID. He purposely mislead the audience AND lied about my numbers, even though they were on the board the week before. Since they were pulled down, he could say what he wanted. It was a lie. Just another Wilf lie. ANd if WIlf has a problem with me saying that, he has my number too, and he can call ME. He lied!

And in fact, BECAUSE of that lie - about ME, and showing me that WIlf would not answer the REAL questions, but instead would make my letter sound like a lunatic with a number I NEVER said happened, I decided to sell. I TOLD everyone i would sell, so AGAIN I was transparant. Neb, there is no need to attack me no matter what I say. You should listen to what I say and evaluate it. Just like I showed you in the last post that if only $120,000 were brought up that DPBE would get MORE than you thought they would. I try to write FAIR, and show when things are better than you thought. BUt you need to ALSO look at both sides, and realize that it might help you to eally KNOW the truth. And when someone says things like this, to RESEARCH them. WIlf, the ex CEO, who lied about his fundraising at another comapny and got in trouble for it, lied about his raising money in THIS company, and lied ON THE RADIO. Digressing for a moment, I also feel he cut SEC corners when he did the split, and never answered THOSE concerns of mine either, as was recently brought back up in a post. I still feel that what Wilf did was ILLEGAL when it came to the reverse. Why? Because you can't post a notice on a board, and assume ALL shareholders will read it, and then say "we are not sending out a proxy. But, there is one on the website. If you want to vote for or against (his agenda) then vote. If you do not vote, then WE WILL VOTE FOR OUR ITEMS automatically". People that never saw the website had their shares voted with NO PROXY, NO BALLOT, and NO NOTICE TO SHAREHOLDERS of a meeting or vote. That is illegal. It's things like that which scared me about DPBE. So when I saw what was raised and not accounted for, I asked about it. He lied instead of answering me.

Anyway, because of that lie and his disrespect for the truth AND for me, I sold 17 million shares over the next five weeks, and the stock dropped from .0025 to .0011 during that time. MOST of the sales were MINE. So, Wilf's LIE about me SPECIFICALLY led to a large shareholder selling off, and those sales causing the price to DROP as I sold more than could be absorbed. SHowing that a bad manager is going to hurt his stock by being what he is. Can I BE more open? Yes, I remember the price dropping and dropping. But I knew that if WIlf would lie about the money raised that there were more issues than I wanted to be involved in. So I sold. I'm glad I did. My average sale was MUCH higher than the price today. I may own some shares from time to time as news hits and it moves up. If they (Billy) hit the big one, I'll buy a lot of shares, and push it back up. But I sold. And that pushed it down. Stating my own trading position is not disallowed, is it? Stating that because of the actions of the (Former) CEO I sold and that dropped the stock shows I was an INVESTOR, not some renegade out there. Well, hopefully it means someone else out there that owns stock will see that there are REASONS so many people don't like this stock, and it hasn't gone up. Because of the lies that alienate investors and make investors give up on DPBE.

I still have the letter. RANDY still has the letter. Randy by the way SAID that WIlf was unfair to me that day on the radio and what he said was NOT what I wrote in the letter. But Randy had to stand with WIlf, because even though Wilf is now the employee, in reality we ALL know that Wilf is pulling the strings. If Randy were REALLY the CEO, then I think he would have done as ANY CEO would have done. Taken an employee that lied on a public radio show and caused the stock price to drop 50% and FIRED him. He can't fire WIlf, because Wilf is the boss! And I don't even say that to be "against Randy". I think randy is trying his best. But he has someone over him that he can't deal with, and he (Randy) is now the one who is on the line by signing his name and saying he is CEO. Randy - remember that people like Wilf "give up" ANYONE other than themselves when they need to. If something hits the fan here, don't think that he won't point the finger at YOU, as the CEO and blame YOU. That's MY opinion, anyway. After all, YOU are running the company now. You can asy all you want that he is pulling the stroings, but according to law, they will come after YOU. So ... do you really want to have WIlf pulling the strings with YOUR name on HIS strings? Just a thought.

That's enough for now. But please don't say someone (Me) said that a billion shares were sold at .005. I never said it, and here i am ON the board TELLING you I never said it. Another long post by me, so time to go to the sidelines again. I don't want to get involved in these long arguments any jmore on this baord. It takes up too much of my time. But I hope this post showed some people a little more about the managment of this comapny, and what they Do and have done. Yes, much of this post is my opinion, and some are the facts of my letter. So take it as you will. I stand by my opinion though.

Did you read the partnership agreeeemnt yet?

You misstated some more things, and think because you can say it that it makes it correct.

The partnerships. Let's talk about them, and in the process of educating everyone also show where you are not correc so yoiu can get on the same page as those who have read it.

I want to stay on topic,as this is important to the shareholders of DPBE, and the topic is the partnerships, so let's stay on that focus.

<<the statement...


Quote:
--------------------------------------------------------------------------------
MOST of the DPBE 50% goes to the Limited partners.
--------------------------------------------------------------------------------




...is false and misleading>>

No, it is absolutely and EXACTLY correct. And I SAID it is up to the 3X the invested amount. Not forever. You are CORRECT in stating that IF they pull up $1MM in treasure then the partnerhsips don't mean "much" because they would be paid off. But right now they are pulling up a few coins at a time, and I am talking about what they are pulling up NOW. Because IF they pull up a flying pig that breathes underwater, (A silly analogy, but if anyone can find such a beast, Billy can!) they would be rich too, but they are not. So you are dealing with wishful thinking. I am dealing with reality.

Right now, the REALITY of the partnerships is that what DPBE pulls up is being split 50% to the DR, 40% to the partnerships and 10% to DPBE. Until the partnerhsips get back 3X their investment. Is that not correct? Tell me what is misleading in that?

You also show more misunderstanding in the partnershpis by stating

<<DB could bring back $120,000, the the LP would end up with 100% and DB with 0%>>

GOOD news. That too is wrong, but becasue DPBE would earn MORE than you think. The partnerships get only 80% of the finds, and DPBE gets 20%, even in the beginning. Then, when the partners have 200% back, the ratio goes to 20% to 80% for DPBE. So if $120,000 were brought up, and four units were all that were sold at that time (They are still available to be sold) DPBE would get about $48,000, not "nothing".

Hey, when it is BETTER than you say, I correct you even to the point of being better. Because facts are facts, and I show them as reality. DPBE would get some money, not nothing. You never read the partnership agreements like I asked you to, did you? They state very clearly that it is only 80% to the partners and even that changes after 200% is given back. Read article X and XI of the Articles of Limited Partnership. If you want to be taken seriously, and start talking "facts" at least read the material before you try to say you know what is in it.

Last part you booboo'd in.

<<Any numbers based on a claim that all 200 parnetships were sold is FALSE>>

Never mentoned that all 200 units were sold. Once before I mentioned that for all units sold it would be 3X value, and there too you said that I was naive to think all 200 units were sold. But in both cases, I never thought it, never said it. Please don't extrapolate on someone else's post and then try to make it sound like they said it. I have said, and still say, that on the units sold, it is 3X the value, and since we are pullling up a few coins here and a few coins there, it means that the ratios going to the partners is accurate at this time. If they strike it HUGE, it will not matter as much. But for RIGHT NOW, what I said is absolutely accurate. It is not a 50% split going to DPBE that they can use for expenses, like someone mentioned, so I showed him that it is different because of the partnerships for right now. It is 10% that goes into the TOP line, to be used for expenses, as what we are finding RIGHT NOW is still below the threashold of the partnerships and they will get 80% of our 50%from the top.

Misleading? Nope. PLese ask for and read the articles, so we can talk about it more when you have read it and know what you are trying to say. THanks.

You're missing a big step in the middle.

<<... that goes to my point: DPBE’s share (after the DR gets their 50%) of any treasure recovered will first go to paying off debts (to Wilf, back pay to employees, vendors, etc.). If anything remains after those payments it will likely be used to refurbish the boats and equipment, hire additional divers, pay out some bonuses, set aside funds for future expeditions, etc. And if----and this is a big IF---there is anything left to go to the shareholders >>

BEFORE MOST of that, any money from recoveries goes to the new L.P. holders. You see, Wilf sold Partnership interests in 2011. And said that all the money raised from all the shareholders for all the work in the past? For all those years we gave himmoney and he used it to build the company? Well, that was "in the past, and they aren't giving DPBE money NOW. And we didn't find much in the past, so they don't get to share in the finds done now." So he raised new money. And so after the D.R. gets their 50% and DPBE gets their 50%, MOST of the DPBE 50% goes to the Limited partners. Before ANYTHING on your list for DPBE expenses. Because "they are the ones paying for this diving season, so if we find anything THEY get paid first." Later he changed that to say "We pre-sold the finds by getting money up front and as we find things we give them to the partners, but that's because they already paid for them" that was a different spin, and seemed to sit easier with shareholders than the first one. "pre sold the finds" is the new terminology for the partnerships. LOL

But no matter how you state it, as we find things, no the company does not get "50%" to use to pay expenses and fix the boats and do all that. The DR gets 50%, then the partnership owners get 40% and we get 10%. At least for now. Up until the partners are paid off at 3X their original investment.

Just thought you'd like to know that, since it changes DRAMATICLLY how much DPBE gets on the TOP line, much less the bottom Line (After the expenses you mentioned)

You were starting the equation with only 50% of the finds entering into DPBe balance sheets, and then being needed for expenses and things. In reality it is 10% that ENTERS the company, and then gets used for those things. UNtil the partnerships are paid off at 3X their initial investment.

Just thought you'd like to know. And know how Wilf took all the money SOOO many gve him for YEARS and dismisses it as nothing, and only the "new" investors get the prize now, not the loyal shareholders of numerous years.

If it were Billy versus Ponder I would throw my hat in with Billy. I like him. BUT ... it is BIlly and WILF on one side, and Ponder on the other.

That puts me WAYYY on the side of Ponder.

No matter how much billy does that is positive, nothing has stopped Wilf from, in my opinion, being a liar and squandering Billy's hard work as a bad manager. And that is why the battle may not be winnable by either side. What ponder says is mostly true. Although mostly true about the people in Utah, not in the DR.

there are two sides to any company. the business side, and the corporate side. On the business side, we are doing okay, with Billy finding good items and doing his job. On the corporate side?

Point and match to ponder.

IMHO

Just trying to take an arrow OUT of her quiver. Hopefully you ARE out of that position now though, since you are not the corporate type. You're better suited as the captain and out on the open sea.

Billy,

Instead of beating around the bush, and challenging Ponder on semantics, can you please answer this for me?

At one time, you were obviously appointed as a director of DPBE.I think it was 2009 if I remember POnder's post right (Not linking or verifying that date. LOL) You say you are not "currently" a director. Can you please tell me (And ponder and all the others) WHEN you were removed from that position?

I think it must be true that yor position terminated, or you would not be saying it, but ponder is also right in that she is showing SEC forms filed that SAY you are a director.

So ... using your example of the car you may have sold three days ago - did you resign as director a short time ago? Were you removed from the position? Just give it straight and at least we can put ONE point to bed.

No use having an argument where you are emphasizing the word current and ponder is showing the past filings. Let's get on the same page with this issue, and then we can end it.

When did you end your position?


Thanks Billy. Can't stop most of these disagreements, but this one can be ended with that answer.

Billy,

Loved this line "Then we pay contract fees and mooring fees and just being a Gringo fee."

Just being a gringo fee. Yes, I bet it does exist on certain things. I've seen it as "Just being an american fee" when i go visit my wife's family in Belarus.

Although one line is no longer true.

"please dont look at this photo as a treasure hunting salvage ship working the oldest treasure laden shipwreck in the Caribbean "

By about ... 32 years approximately - you are no longer salvaging the oldest treasure laden shipwreck in the Caribbean. Or in the DR. I can't post about it here, as it is "off topic" but give me a call. YOu have my number. I'll give you some details. I know you'd be interested.

Not trying ot downplay this one though either. Even though it is not the "oldest" any more, it is still AWESOME, so keep diving, and hopefully you'll find something amazing (Moreso even) under that coral as you chip through it.