Good pics C. BIlly.

My only hope for the company.

Protocol,

ALthough I know the contest was real, and spend many hours on it, I have to say that there are other things in the company that VERY seriously concern me.

Wilf IS a liar. Period. He lied to me. He lied about me. He has lied to the shareholders, and has done so many times. I am not going to go over all those lies again, although many have been put into posts lately by ponder. When the lies are brought out, it becomes an argument on the board between the ones who want to believe and those who see the lies. I dopn't want to go down that road again, but know that much of the lies presented by Ponder are true. Don't discount those posts just because they may have an agenda. I think that agenda may have been ingrained due TO the lies. Cause and effect. the cause was the lies, and the agenda was the effect. So even with an agenda, much of what she writes I think is true. Maybe not 100%, but much. IN fact, I know of many lies she has not even TOUCHED on, and if she knew those she would go on more rampages.

Knowing all I know, and seeing what I have seen, my personal opinion is that no matter how much Billy does positive for the company the stock will never succeed, because wilf has found ways to siphon off the good and destroy the corporate side of DPBE. Opinion! Some things he needed to do, but some things are just the work of a man who (stopped here, so I don't start more bickering on the board.)

I'm a fan of Billy. I'm a fan of treasure companies in the DR, and own stock in another one also. One that will come public hopefully in late 2012. So I'm an owner. But Wilf has proven himself to ME to be unreliable and dishonest, and that makes me own DPBE ONLY for short terms when the situation looks good to me. Long term I worry that they could at ANY TIME either shut down or be shut down.

Good luck with your own DD, and just be careful of this one. I think even for a pinkie it is way below average in honesty. ("think" mean my "opinion" again. I'm allowed to have my own opinion, am I not? And I can post it from time to rare time here, yes?)

The cobra was a contest they ran. A TOUGH contest. I played, and it was pretty time consuming, but also fun. they asked all sorts of questions about shipwrecks. ONes that really took a lot of research to get answers to.

A problem I had was that sometimes I knew answers and they were marked wrong by the game. They had some bugs. But other than that, it was quite a contest, ran over numerous months, and I would love to see another one. I don't think they would, as it took too much time, and now they don't have the time to do it.

I forget who won the Mustang Cobra they gave away. Is that person still around? Was that person verified as real? I don't know. Won't pass judgment on that.

I think they did it to get exposure. i don't think they got enough to make it worth doing again. But you know what? Even without a prize, it might be worth putting up AGAIN, for the newer people, and using the same questions, and just seeing who can answer how many. Not a contest per se, but just a fun exercise for all who want to learn. Somewhere on their website. Maybe I'll mention that to them.

Hope that helps on what the cobra was.

fact check time again.

Wikipedia talks about the reale coins. Then says the 3-reale is rare, with only 300-400 still existing. Here I quote from a previous post. <<Denominations: 1/4, 1/2, 1, 2, and 3 reales (These coins are rare; perhaps only 300—400 specimens survive.) >>.

It is the 3 reale that is specifically mentioned as rare, not all of them in general. I suppose all ARE rare, but there are only 300-400 of th 3 reale out there. taht excites me. Only 300 - 400 and we fond 3 more? GREAT news. SO why change the facts to try ot make it better than it is?? Yet, in that same post, the poster somehow says

<<Lets say 350 of these survive. We have 1 minting year for the 3 reale, 5 for the 1/4 reale and 7 minting years for the others. That's a total of 350 coins divided by 27 minting years - giving us a rough average of 13 of each coin surviving.

So a pretty good guess would be that there are only 13 three reale coins in the world! .>>

A far stretch of imagination, especially since it SAYS there are 300 - 400 of them in existance.

Now I see the same poster says <<Only 10 Three Reale coins exist in the world and we just found three >>

So first he takes a written number and changes it from 300- 400 to 13. Arbitrarily. then, later, he drops it to 10 from 13, and quotes it like it is a "fact".

He makes an ASSUMPTION in one post, then uses that assumption as a verified fact in his NEXT post, since he is now quoting a source (even though that source is himself, based on no knowledge but a "guess". One that contradicted the written word right next to it. And a guess that comes from his firwat words of "let';s say") just NOT the way you try to state a "fact"!




>>

any repairs being made on the boats while we are in the off season?

Glad to hear you made it safely Billy. Amazing story. Shows how easy it IS to wreck on the rocks. Without the lady laura, this might have had a worse ending.

When will you make the trip back out again from Samana?

Thanks Capt Billy. No hard feelings.

Sorry you thought it was me using that alias and insulting you. Nope, not me my friend. Never have had negative things to say about you, and still don't. Not that I can say the same about WIlf, but no I've not been posting, nor even paying much attention to DPBE lately. In fact, my ENTIRE posting for the last 30 days before this today consists of saying "Nice fish" and answering a question about an all or none order. TOTAL - 2 posts. So not me.

Don't know who ponder is - although I don't disagree with much of what he wrote. Except the comments about you of course.

Anyway - keep searching capt, and if you think something is me, you have my personal email, so drop me a line. Or look for me here under my "same ol same ol" signon, as it has been for years. NOt a new one.

It's the all or nothing that got in your way. the reason someone else filled and not you is because of your AON order. Change that, and you would have already filled a partial.

did you get your shares later in the day?

NICE fish.

ANy updates on the potential new wrecks from the locals BIlly?

Sorry to hear of your being sick. Hope you feel better soon.

really thought we would get better volume on DPBE today. Disappointing that some said they were buying today and yet the total for the day was only $940 of stock traded.

They really ARe worth more than where they are at right now. Need some eyes though in order to get buyers. good things happening on the DR side. Just the Utah coirporate side that is behind the eight ball on things.

You going ot stick it out for a bit on that one, or move on to some of the others?

You said YOU were buying DPBE today BIG. Total volume all day is $750 worth of stock.

What happened??

Is that one done already?

Not following DPBE today? Is that one not going to move after all??

Captain billy

Why do you have no legs in that picture???

YOur short pants end, and then there is nothing. No knees, no legs. Nothing.

Was this photoshopped and just missed the legs? Looks kinda funny.

Hey, can I get in on that deal where if the stock hits a penny I can come down to the DR too? Would love to spend some time there with you. ;D

thanks for the update on that Captain Billy. As I said, I didn't know if the Punta Cana people pulled it or if DPBE pulled out. Sounds like DPBE pulled out. I figured you would be the one to know that. Anyway, hopefully Bobby (You mentioned the name, so I'll use it too. I didn't want to say it though at first) truly has a 1502 or 2 in his grasp, and it will bring lots of support to BOTh companies. maybe make some money rasiing a little easier for DPBE.

Good to hear the boat is fueled, the crew is paid for this trip, and there is food on board. That's a big improvement and a positive thing.

Be safe C. BIlly. Be safe.

They are working the old Punta Cana lease that DPBE used to have. I don't know all the facts as to what happened, but I remember Billy saying he wanted to keep it and Wilf did something and the contract was pulled. I don't know if from DPBE's side or the PUnta Cana side that pulled it. But it is in the DR, with the old contract that DPBE had before this contract. there is a local government group that runs it, unlike our current contract, and they give the contract out instead of the central government. Definitely in the DR though.

Gotta run. Was lucky enough to buy two new houses yesterday, so today I go inspect them and start my crews on fixing them up to get ready for rental.

truublue,

At this time, the other company has done some private offerings, and is doing another one soon. They re planning on a full blown IPO next year.

I'm just glad someone else is working in the DR and possibly has 2 of the 1502 ships. I hope they find specific identififaction (And a lot of yellow!) before year end. It would pump DPBE and their own IPO a lot if they can confirm it.

I also wish they had a board, but I guiess until they go public they won't have enough followeres to get their own board.

Bubba,

There is a decent chance those 1502 ships DID go to the PUnta Cana side when they sank. And two "may" be being worked right NOW. DPBE had the rights there a while back, but lost them. NOw another company is working that lease, and have pulled up some finds that might (Yea, I hate all the mights and maybes too) lead them to believe they have 2 ships from 1502.

More to follow when they get more info. But for now, they are excited about it, and we just have to wait. YOu know how the waiting game goes in this business. I'd like EITHER company to come up with some 1502 ships. It would be great for both companies, just from the exposure.

definitely a reversal at this time. Maybe it will go to #1 on the breakout list, since it moved up another .001.

B.O.S. - you know my total thoughts on this, from the PM I sent you the other day. But I'm long right now, thinking we shall see some legs short term on this. PLus, Billy is out hunting now, for the first and second time in a LONG time, and that could be good for us TOO.

And if they found a 1502 ship in PUnta Cana, on the other side of the DR, (like BIlly said they might have. And I own some of that company TOO) that will only bring more attention to the DR and treasure hunting in general, which will give DPBE a boost too, even if not their specific find. Lots of good potential things happening here in the next week or so. I think it is going ot move up shot term and make us some good profit.

I just bought some again for the first time in a while. Yes that was me pushing it and buying on the ask this morning, I think all the new blood posting in the last 24 hours will mean more eyes on the stock, and even a potential small pump at work. So I hope to take advantage of that and make some short term profit.

Update - I just took out .0013. WHo will take out .0014 for us?? I'm holding here for now.

Neb, you still can't get your facts straight, can you?

<<And the treasure keeps coming up from the ONLY company right now actively recovering treasure.
>>

Billy himself wrote just YESTERDAY about a company that is pulling up some good treasure in the Punta Cana area. And that some of the stuff they are pulling up "might" be from a 1502 ship. the type of artifacts says it is from that approximate era.

So this is not the ONLY company pulling up treasure.

Oh, and Odessey has had releases talking about what THEY have pulled up lately too. NOt just about the future silver ship, but some stuff recently from a different site.

So PLEASE stop saying this is the ONLY company pulling up treasure when it is just ... not true!

I can't debate you on your opinions, since they seem so irrational I can't even defend against them, but when you quote "facts" like this that are easily proven wrong it just makes me shake my head.

What's withthe eyes? A diving thing?

Billy,

I've got a question for you that I've not seen answered before. If you have already answered it, please let me know a second time, as I missed it.

Since we HAVE some great sites already, WHY do we go to all these new sites and try digging in new areas instead of digging on what we already know we have. I know hearing of new sites is great for our future, but why not spend some time digging on our existing ones instead of new holes looking for different things and ignoring what is in front of us already? When we had the Scipion, we stayed on that site every day and worked it to completion. WHy not do that with the two or three existing sites where we already have pulled up coins from? YOu mentioned how you took the investors to the proven site because you wanted some success while they were there and the girl pulled up a coin. Why not stay in that hole, since you know it is there and knowit produces, instead of having the crew dig new holes in new area? Do the new holes AFTER you dig out the producing one that you already have.

Seems we are leaving treasure in order to go looking for treasure. No?

Another inaccurate post.

<<And no matter how you twist the math, if only 30 LPs are sold, each getting 30 coins and we bring home 5000 coins, Deep Blue still ends up with more than 80% of their take>>

If 30 LPs are sold, they do NOT get 30 coins each. You don't know what you are talking about, so please don't say things that you know nothing about.

I repeat my request that you educate yourself on the topic before you speak on it. ASK for the LP package. LOOK at it. THEN tell me what it says they will get.

30 coins each. And you say it like you know what you are talking about. Why is it wrong to ask you to know what you are talking about before you post on it?? It's hard to debate with someone when they refuse to learn reality before they spout off about their point of view. So I'll ignore you again today, like I've had to do in the past. Until you learn more in order to carry on a more intellegent conversation.

Read. learn. Then talk. that's all I ask of you Neb.

Another Neb error in stating a fact that is not a fact.

<<52 - Week Range

0.0006 - 0.009
10/5/11 - 5/18/11 >>

vs

<<Well first, it aready was above a penny this past year. >>

Can't read the quotes enough to see that the 52 week high was .009? It's really not that hard. But if you "say" it was above a penny, then I guesss it must be true.

How about the post earlier today I read that said the employees ALWAYS get paid, even if sometimes late. Call BIlly. ASK him if he has been paid for ALL his back pay, or if he was finally given "a" paycheck, and he decided to go out again and work. Ask him if he is owed any money for back wages. You made a blanket statment without EDUCATING yourself on the topic FIRST. NOt the way to be taken seriously OR be correct in your assertions. Ask Alejandro if he is owed for MONTHS worth of paychecks that have not come in yet. ASK instead of stating your posts that claim to know things (especailly when they are wrong). ASK him neb. THEN write. Ask if the museum employees are paid current. ask someone who knows, instead of hearing that "some" money was sent down and then ASSUMING that it means ALL money was sent down.

Educate yourself. YOu'll be a better investor for it.

One other post. 4 coins found. Yes, that is good. (see? I ADMIT when things are good!) But ... it means 0.4 coins worth to the company though. Not enough to pay the expenses to get those coins. We need a lot more than that to break EVEN. Granted, I'm hoping CB FINDS much more. But it still seems like people are forgetting that it gets divided TWICE before hitting the TOP line for DPBE. 4 coins = 2 to DR and 2 to DPBE. then, 80% to the new limited partners and 20% of 2 for DPBE top line (NOt even the bottom line) Yep, that's 0.4 coins for the top line, before expenses to get there, get them up, pay the employees, pay the Utah crew, and all other expenses. I'm glad we found four, but I sure hope we find some larger amounts soon. Keep going CB!

And no, Neb, it doesn't have to have ALL the units sold before the existing sold units get 80% of the artifacts brought up. Even with the existing units sold, they DO get 80% for now, until they reach their limits. YOu said earlier that "that assumes all the units are sold". Nope. Even one sold would mean that one gets 80% until it hits its own limit. It would be a smaller requirement, since a smaller initial investment, but still would take 80% of the items brought up right now. You may debate that, and I ask you this. did you LOOK at the LP paperwork? Did you SEE the answers as to what goes where? Or are you assuming AGAIN, based on some true knowledge and the rest just hope and hype?

I DID see the LP papers. have them right here. Education Neb. It goes a long way. try it sometime.

(Note that none of the statments here are made to be against DPBE. I say it shows a high of 0.009 for the 52 week period. That is true. Not a negative, not a positive. Just a statment. I say that they ARE behind on payments to employees because I have TALKED to employees. OKay, I guess that one is a negative. But it is what it is, and we all KNOW they are short on cash. I just don't like someone stating so emphatically the opposite of the truth and letting it stand. third, that the LPs get 80% before we get anything, starting in the recent past already. Just another fact, which was stated as being the opposite in another previous post where the board was told that percent assumed all units sold. Just not true. So, yes, although when I talked about hopes I hoped for MORE COINS to be found, and NOT failure as my hopes, that doesn't mean I like to read the HYPE that is untruthful. So I correct that hype, and hope this post stays for a while. It's just correcting errors that were put out there by an uninformed poster)

You write "And they have to split it 50/50" Nope. Don't forget that they split it 50/50 with the government and then they take their 50% and give 80% off the top to the Limited Partnership people, at least for now. Because they "pre-sold" the items, as Wilf is now calling it. So, they get 20% of the 50%, which is 10% of the find. Not 50%. BIG difference.

Just a clarification to what I perceive to potentially be an error in your thinking.

Where do you get <<But do not forget the LPs already gave the company $2million >>

The way I remember it WIlf said IF the LPs were sold out it would be $2MM, but as of the last report they only sold $180K. A long way from $2MM. Do you have updated information? Is it now fully sold (which would fund us for a long time, and be a good thing in some ways) or is that just using the max number?

Just curious.

thanks.

YOur answer to the question you asked: after the reverse split it was 100 million shares outstanding. Versus 1.6 billion + today.

Just a little dilution.

Not an ex employee. Never met any of the people in the company. Just an investor.

I read WIlf's post about the LP. At least now the shareholders know it. Glad he posted. At least eveyone knows that if we find 100 coins, we get about 15 of them for our treasury (DPBE's use) not 50. 35 or so go to the LP people who put in money. I think this is a MATERIAL fact and needed mentioned to the investors. now that the investors know that they are NOT getting the 50% they thought, if they (you) wish to own the sotck - fine. But at least you know.

Truth seems to be hard to get out of this company. Hearing it is a good thing.

I wish you all the best and hope that the company goes up for you. And I hope they truly and truthfully share what is happening, instead of allowing you to think things that are not true. That's all I said.

Now I wonder if anyone will take on the 2nd and 3rd question.
Thanks though Wilf for TELLING people about the LP and your spin on it. I can live with your thoughts that you are pre-selling the coins. As long as it is DISCLOSED.

Last tough question for the night.

If artifacts from the first division went back to Utah, and were part of "DPBE's 50% of the find" (Before 4-real came in and now gets 70% of the finds FIRST) ... then does anyone else think it would be malfeasance for some of the coins to be handed out to people who stopped by the office to talk to (previous) management about the company?

I mean, should the coins and things that were stated to be property of the comapny really be given away as souvinirs to people, without the shareholders knowing these coins are given away for nothing? That's my question. Since we all put in (Past tense for me. I'm out) good money to fund the company in the past to FIND these coins, and since Wilf said he was going to give shareholders first shot at BUYING these coins, why would coins be given away for free? And is it legal if it happens? Ethical? Something the shareholders are okay with?

Since I'm asking what shareholders think, and most of the people here are shareholders, I figure this is a good spot to post this question. I want to see what you guys really think.

Back to the sidelines. I just wanted to let others know what I think, and find out what you think.

Now the next tough question.

Since the museum has (I've heard) been shuttered, and the employees bsically laid off, for lack of a better word, and WITH back pay owed them, and the rent is behind by two or three months, (again, as I've heard) WHAT is DPBE doing to protect the artifacts we have inside from the landlord taking them for back rent or anyone else taking them for debts past due? Or even vandals, since it is supposedly shut now?

Anyone have more knowledge on the status of these artifacts than I do?

Did Randy fail to mention that the museum was shut when he talked about how it was built with no debt when he talked about it last week on the radio? May be I'll try to call in and ask him if it truly is shuttered. I had to take a call right then this past Monday, and missed the last part of the show. did he mention anything about it being shut??

Now the answer.

It used to be that if they found 100 coins, it would be 50 coins to the DR government, and 50 coins to DPBE. (Yes Bubba, maybe 40 or 60, but I said no tricks in this. Assuming all similar coins, so no bartering done) But in 2011, Wilf formed a NEW venture called the "4-real partnership". They put some money into DPBE. If tomorrow Billy goes out and finds 100 coins, it goes ...

50 coins to the DR government, 50 coins to Utah. That is split 35 coins to 4-real partnership, and 15 coins to DPBE. Yes folks, until the NEW investors get 300% back on their money, THEY get 70% of the find that used to be the DPBE portion, and DPBE gets the leftover 30% on their "half". There was also some new money raise from some other individuals. Jack. Scott. Bob. I didn't ASK if they TOO were getting a priority over the shareholders, but I KNOW that 4-real LP IS. They get the FIRST 70% of what is found right now, until they hit their limit. Even though shareholders have invested for YEARS, and are under the impression that “DPBE” gets 50% of the split, in reality DPBE gets 15% and 4-Real gets 35%, while the DR still gets the other 50%.

I also asked Wilf about that. He basically said: The people giving money NOW are the people funding THIS specific dive, so they DESERVE the returns on these dives. The shareholders bought in the PAST, and we didn't find in the past. We need to pay those that are funding us for NOW from dives we do now.
I just thought the shareholders should KNOW that you are getting (BEFORE expenses and all that) only 15% right now of the items found, NOT 50%. I see so often on this board “we get 50% and the DR gets 50%”. Well, that is just wrong. DPBE gets 15% right now instead of 50%.

I Hope that the 15% makes you all RICH. I don’t wish ill on the shareholders OR the company. But I don't want you to erroneously think you are getting 50% of the finds when it is just not true. Now you know. (less than 400 words Neb.)

Neb. that is wrong. Sorry. (It USED to be the correct answer. Not any more!)

I'll give you the exact answer, and the reason WHY you are wrong - tomorrow. Heading out shortly here. But I guarantee you that the answer is NOT 50 coins any more. And I'll share the proof.

And WHY it was changed.

And ask if you know why it has NEVER been disclosed that it is changed!!!

Please wait until tomorrow. I shall get on again then and tell you. And no, it's not games or rumor or speculation or anything like that. NOt bashing the company. After all, a number is a number. It's not positive or negative. It just is what it is. But this number has changed. A fundamental change IN WRITING FROM THE COMPANY that you can then verify if you wish on Monday on the radio. But I"ll tell you the truth tomorrow.

Gotta run. Otherwise I'd do it now. Look for this tomorrow. I know it is a weekend, but I must go. And you know me. I must write a LONG explanation showing the new reality, so I can't do it now. Especially since Wilf TOLD ME that he was NOT going to tell the shareholders.

Tomorrow ...

bubbahlo.

About the 2nd division. Let me ask you a question.

If (A hypothetical, and not a trap) DPBE finds 100 coins. All similar coins to make it easy. How many go to the top line of DPBE for our records? By top line, I don't mean how much profit. That's bottom line. I don't mean "will the gas and food and permit fees and all that eat up anything we make". Not meaning any of that. NOt putting a value on the coins. Just asking how many belong to DPBE and the shareholders. After all, if we find 100 coins, "we" don't get 100 coins. How many do we at DPBE get towards that company balance sheet that then can (At whatever price) be used or sold to fund operations or stuffed in the vault or put in the museum or whatever else the company want sot do with them. Again, not a trick question. HOw many of the 100 similar coins if found next week or whenever in the near future by Billy belong to the "company" of DPBE?

Answer?

Blue, you know?

That's only because the market is not OPEN yet, and the MM's don't have their bid and asks out there yet.

Love to see it at .0015, but this doesn't mean that.

trueblue.

If the 2nd half of a find was in someone else's permietted area, then it would be theirs to recover. The fact that half the boat is in one permit area and half in another would just mean two entities would share the recovery. Each in their own area.

I know it is only an "if" scenario, but I"m sure things like that happen from time to time. And each area gets what is in theirs. Just like gold panning permits for areas with placers that run into someone else's property.

I write this for information to the board members. Not for either side of this debate.

Gulfbreeze did not delete those messages. I was an assistant here for a while, and I LOOKED at the deleted posts. SOmething I was able to do as an assistant. AZnd I could SEE WHO deleted them.

They were deleted by "IHUB Admin". That is someone who is over the entire IHUB, not just this board. Many posts were deleted that I think should have stayed. I even tried to REVERSE one. I could do that on some oposts. But NOT On a post deleted by IHUB Admin.

The point is that it is not the local board members deleting them. I deleted three or four my entire time as assistant. Clear attacks and also one was the exposing of personal information on a member here. yes, I deleted that, as it was inappropriate. But I did not delete pro DPBE statements, and neither did GB. It was IHUB.

YOu can believe it or not, but THAT is the truth. I have no pony in this race, so no reason to tell you otherwise. It was not me, it was not Randy, it was not ALWAYSRIGHT and it was not Gulfbreeze that deleted 99% of the posts. It was IHUB.

Just an FYI - for those that wish to know.

Heard it from a diver that is on site. They can't be sure if it is truly 1502 yet, and it will take a while of working to get enough information to identify the ship. Just like it does with DPBE. All companies take a while to identify the ship. But they feel confident of the timing of the ship at least. Now the work begins in earnes tto determine the name and find what is (was) on board. And the second site has items already showing it is from the early 1520's, and they have numerous coolk items from that site already posted on a private website (password protected, so sorry, I can't share it with you.) It's not a public company yet, but hopefully in 2012. It'd be nice to have another alternative to this one, where the lies continue to pile up IMO.

Anyway, I'll let you know what they say as I hear it. I know people on the board are still interested in finds in the DR, even if from another company. Just because it is the same topic and area. Besides, if 2 of the 1502 ships ARE found, it would bring attention to the DR, attention to the industry, and people buying BOTH stocks probably. (The other one will be public probably in the spring or next summer, and will be buyable then. that's whY I say "both")

Captain BIlly - got your PM. You are GOOD with your knowledge. yes, you are right as to the area, the company, and the people. And the concept of minus ten plus 100 equals positive 90 would have made perfect sense. I wish it would have happened with Wilf. But that is the area and where the two 1502 potential ships are. Good job in being knowledgable in your field. I'll write you later today or tomorrow a little more on it.

bubba - I heard a different company was diving yesterday and today. In the DR. Even though DPBE is not. And they think they have FOUND two ships from the 1502 fleet. In THEIR contracted area. PLus a ship from 1520 - 1525. Hear anything about that?

Be safe CB. That's more important. And please answer some of my emails if you can. You ignoring me since I sold off my shares??