I'll get back to you with more thoughts, but for now it has been a long day. Just finished numerous payments from rentals and need to stop looking at the computer. So I'll post about my expectations for next week sometime tomorrow or Sunday.

My thoughts on the day.

I said last night to expect it to drop at the open, then stabilize but not return back to the open price, and then in about 3 days we will be back in the .0045 to .006 trading range. I don't know anything longer term, but shoirt term that was what I expected. Well - the first two things came true already. We DID open lower, we DID see a buying opportunity early, and then we did stabilize. Now the last part won't be known until about next Tuesday or Wednesday. And I still think that we will go back into the range, and stay there until news moves us out. In which direction? I don't know. If news on DPBE comes out that drags us into the debacle with Wilf, then down. If news on the reality series or a treasure or the ship name comes out, then up. So we are still an unknown, which is right where we have been.

I think we lost something today with Wilf resigning. SOme baggage yes, but also the main corporate manager of the company. Randy will step up, but I think Wilf's deeper pockets and knowledge will be sorely missed. Randy - if I can help you with anything let me know. I've talked to Wilf about things in the past and still would be willing to assist if I can somehow.

The future is unknown. Now more than even before. But we shall watch it unfold, and hopefully react accordingly. IN the meantime, keep diving Billy and be safe. We wish you and the crew the best. Randy - take two aspirin and a sleeping pill and go to bed early tonight. Life is about to become harder in many ways and you don't need to toss all night. And don't be afraid to delegate or ask for assistance from those in the know on different matters. Good luck to you.

I'll take that opening after the news. Down, but that's just like I posed last night that it would be. Some selling, but not much. (Less than $10K traded in dollar terms this morning) Not a bad start. I'm feeling better after this opening, even though we went down some.

Billy,

We'll all survive this. Even you and Randy and the other employees. Just dive and drive the boat and don't let this bother you too much. You do what you need to do down there, as we all wish you the best in every way. We know some of these that came just yesterday to post negative things will be gone in a few days, so dive, find what you can, and just ignore some of the nasty comments.

think of the great find you are over, and the reality series and all that is going right. Keep your excitement up, and ignore the one day of trouble and those who thrive on it at others' expense.

Okay?

Be well my friend. this too shall pass.

I don't think Wilf needs to take a leave of absence, nor do I think it would be right to ask him to leave. yet. An allegation has been made. He has the right to respond to that allegation, and defend himself. To cut the head off of THIS company, for potential sins of a PRIOR company, without guilt established, is not going to do ANYONE any good. Billy said it less than a week ago. Without Wilf doing what he does on the corporate side of things, IBlly could not do what he does in the water. Without Wilf, we lose. WIth Wilf? Maybe we lose long term anyway, as the sins of the past catch up with him. But maybe we win. Maybe he wins the suit. Maybe he loses and they slap him with a fine (It is civil,not criminal) and we move forward anyway. Odds are better that it is settled out of court, with a monetary fine agasint Wilf and some agreements arring him from certain activities in the future. That's reality on how these things NORMALLY end. There are too many potential outcomes to this though that all still allow DPBE to succeed - as long as we don't sacrifice Wilf right now and ruin DPBE in the process. Taking Wilf out of the picture is not a good idea for US or for DPBE. I'm not always on his side. But in this case, I think business goes on as normal tomorrow. We dive. We search. We keep on working on the things DPBE is doing. I am guessing that tomorrow AM the stock dips some on the "bad news". Then, it stays lower, but stops going down. WIthin 3 days, we are back to the .0045 to .006 rut we are in, and anyone who bought shares tomorrow AM at lower prices has a little gain on their hands. Then, in the future? Well, that is still up in the air, as it ALWAYS has been. Dependent upon whether we get a reality show or not. Whether we hit the big one or not. Dependant upon finding some cheese. We could go up, we could go down. But short term? I expect a downward move tomorrow, followed by stabilizaton, and then back to right where we are now, waiting for news to break.

Just my thoughts. (read: OPINION) As one who has been through this before though.

Fortify,

I think it is when you attack someone that your posts get taken off.

Post your points and they won't get removed. Say the other side is wrong and state why, and they will stay. Call people names in the post, and the entire post gets removed.

(I learned that one the hard way, but posting some very fact-based posts but adding a few insults along the way and losing the entire post each time.)

So it's NOT the san miguel. that makes me feel a little better. I know you said you wuold love it to BE the San MIguel, but knowing it is not will keep some people wuiet for a little bit of time. I'm good with that.

Neb. Now you're sounding a lot like me.

A bull at heart, but not happy with some of the things that are factually able to be shown.

Yes, the dumpig by the COMPANY makes the STOCK not do well. the COMPANY though gets the money. And as you say - about $700K in a month. A month that we are TOLD costs $11K to run. (didn't Wilf say more than once that it costs about $125K per year to run the company?) And if you look at the past 2 years of dumps and outstanding increases - it shows that the comap0ny dumped enough shares to run itself for (28 years?)! In 2 years of dumping.

THAT is what worries me. Every two or three months the shares sold increases by enough to run the company for what is stated to be a couple YEARS worth of money. WHy the disparity? I have ASKED, and the answers always are evasive. And then it turns to "we need the money to bring up all the treasure we are finding. Look at our treasure." and people forget again about the facts that don't fit the statements made. Which is why in the past I've said that you and "Can" were BOTH right when you two have argued. You were talking about the company, and he was talking about the stock. One CAN do well whle the other does poorly. If the company sells too many shares it kills any rally and therefore the stock does poor in spite of good things for the company.

The company is doing fine, IMO. And apparently selling $700K in a month of stock. yet they say they don't have enough $ to fill the boat with gas. Doesn't add up - does it?

Yes, you sound like me now. And you were the one giving me grief when I was writing the same things a few months ago that you are now writing. So welcome to the club. We WANT the company to succeed. and we ARE investors in it. (I"m over 10 now in stock) But we grump a lot because we hear one thing and see another when we look at the facts of stock sales that we can look up.

And what about Wilf's statments that HE has funded 80% of the company over the past two years, when they sold like 1.8 BILLION shares (Which at an average of 0.004 is still $7.2MM in money. IN 2 years plus. To run $125K a year! Still doesn't add up.)

Welcome to the dark side my friend. Now go get some maalox, as that is our official drink on this side of the aisle.

I agree with you 100%. BUT ... this action shows where it DOES matter about the structure of the stock versus the company. If they are pulling up treasure, and they ARE, that means the stock should go up. right? And it starts going up. then, the company is broke, so they sell shares into the market. that stops the rally, and it goes back down. Later it goes back up, and the company sells more. It goes back down.

This pattern is repeated too often. Reality is that the company IS doing better and better (you gotta admit. wse are in the best position EVER for the company. True? Numerous sites. treasure coming up. Museum open. Contract in place. More boats than ever before. Yes - a great company position!) but the stock doesn't go up. Because it is like you said. "Someone doesn't get it". Unfortunately, the "someone" who doesn't get it is the company itself. they are selling new shares, and yes that dilution DOES matter as it stops the stock from going up on all the rallies we have.

See HOW that makes a difference? Stocks move based on buying and selling. If you have a large selling by the company, that makes an inbalance, and that keeps the price down, even when there are good buyers out there picking up new shares. I know in the month of May I added 2.5 million shares net to my account. I had a friend add some shares too. You added too. Others added, as the news is good. But if we buy 20 million shares and the company sells 30 million shares, then there are more sells than buys and the stock goes down IN SPITE of the company itself doing better than a month ago. Stocks trade on supply and demand. Someone has to turn off the supply side that is killing us!

We gotta let it run. But the WE in this case MUST include the company. We can't see the outstanding going up by millions per month and killing our rallies. And that is the proof that the comapny IS selling. If their outstanding goes up (And it has a LOT lately) then the only way to go up is to issue (sell) more shares.

So, in my long winded way of saying it, I agree with you. "Somebody doesn't get it." And that somebody has unfortunatley been shown to be the company in MANY of the past rally kiling sells. We can't tell about this past week who ws selling, but when the new numbers come out and we see higher outsstanding and float numbers, that will tell the story.

All I can say to that is

LET IT RUN!!!!

And resistance at 0.0060 held. PLus once again someone came in then with a chunk below that level. Seems we get to 0.006 and trade there, then someone comes in at .0058 and/or .0055 witha large number.

I hope that is not Wilf, killing us at the resistance level. It's someone who has sold millins and millions lately, and I know he has sold, so I"m hoping it is not him. if we can go to .007, we can run a little. But until we break resistance, we are going to have a hard time. And somoene is INTENT on selling when we hit this resistance level.

Those were some solid buys that just went across the ticker.

good volume, and we held the support at 0.0045 again. good signs.

Would like to see it break the resistance though! We moved from support to resistance quickly, but need to break through.

Agreed. That's why most of the people over here moved to DPBE. they are actually pulling up treasure, working on a reality series, and have ships IN the water. Not at the dock.

<<All of this kitty litter, I believe, is a MUTE POINT...>>

So it can't talk or hear? It is a deaf cat?

Or did you mean a MOOT point?

Although moot would be AFTER something happened to make it not matter anymore. You then say <<Over the next weeks IMHO we will see ... >>

So maybe in a a month it will be a moot point. Right now it means that no matter how much we find, it is split to the NEW people and NOT to US. For those holding for 5 years? The O/S was 100 million. That was split down to 20 million in the reverse and now we are at almost 1.9 billion shares again. So what used to be 100% of the entire ownership of the company is now 1.05% of the total ownership of the company. If you owned 3% of the entire COMPANY, you now own .03% of teh company. Think about that. I understand dilution but 100% of ALL the owners about 5 years ago now represent only 1.05% of the PROFIT when it comes up. 99% of the profit goes to OTHER people, who did NOT own it 5 years ago. The issue is the AMOUNT of that dilution.

yes we will have a bigger pie to split when we find something big, but if they keep adding more shares then when we DO hit the big one (I too beleive we SHALL, not that we might) we STILL won't get ENOUGH of the split to make it worth anything. Not compared to those who bought private deals that gave them the same 20 million shares at a cost of $40,000 or so. gave them the same split as ALL the owners of the ENTIRE company when we were supposedly on treasure in some other spots in the past.

So his point is that dilution DOES matter. If that point becomes moot with a massive find - then you and I will be VERY happy. But for now it still matters. To him. And to me some too. Because Wilf says it takes $150K a year to run the company, but he sells MILLIONS of dollars worth of shares in a year PLUS says he puts in a few million of his own money (that is then owed back to him of course) How can it cost s 4150K and yet we grow by millions AND add millions of debt? That's where the AMOUNT of the dilutuion doesn't make sense to many people.

Just clarifying that, as that is what he has tried to say, but not clearly enough. Diluton keeps us afloat. But 1.9 BILLION shares int he past 4 - 5 years? At the rates he sold? Should be enough to fund us for 30 years at the rate he SAYS it costs. It doesn't add up. And WIlf saying he is not selling and then seeing the O/S go up a bunch is a contradiction that riles some.

It's credibility, not just dilution. Does that make more sense to say?

ANyway - when we find the main cargo hold and the coins we expect, it WILL be moot, and then we can all celebrate.

ONward and upward ...

none. Not of what we find. We will benefit from what THEY find, as owners of their stock, but they are just leasing a boat to us, and they don't get any of the treasure we (or their boat)find.

Looks like my purchase of another 750,000 yesterday at 0.0045 (And announced when it happened, not well after the fact and after this rise) was the low point and the best buy of the last two days.

I like that.

Hit a magical number of shares with that buy. I'm not going to share what that number is, as that is mine, but I think I may be set in shares for now. Unless it goes back to 0.0035 or so, and then maybe I'd buy some more again. For now though, I'm glad I got the last ones I wanted at .0045, and I"m ready for this to go higher.

Int'l waters is terrible, because spain claims all the ships found there as their own old ships. They are much better being in the DR, where spain can't sue them for any recovery.

ORRV is a different company entirely. It acquired a boat and some ocean-searching ability from DPBE, and DPBE was given a lot of shares for that. But as of now it is on its own and a separate company. Many people here still own shares in ORRV, as the shares given to DPBE were spun off to the investors.

Restricted shares normally mean they were acquired through a privae placement or inside deal. As colllateral for a loan, or at a lower price than the market but bought in large quantity directly from the company. There's more to it than that, but that is the simple explanation. They are restricted for a period of time, and then can be registered and made non-restricted. It depends on how they were acquired and the relationship to the comapny as to the length before registation, and also if they can then be sold by the person or not in the open market. Some insiders keep restrcited shares for many years. Most private placement buyers register them and eventually sell them.

Hope that helps.

So were you the one moving it on the upside, or the one moving it on the downside? Not 100% clear on that.

if you have an order in, you should have filled by now. Unless you are REALLY low.

I filled the rest of mine at .0045 just now.

Somebody dumping big this morning. Hitting the bid to do it. Let's see if they continue when the bid drops like it just did, or if they sit on a new, lower ask. Would like some at .0045 or so, if they drop it that much and sell there.

can - the answer is "maybe".

And that is a lot to say for me. But I think once we find the motherload, which has not even been a POTENTIAL for us for many years, then he will be able to afford to change. And I think then he will finally reward those who stuck with him through it all and still own the stock. So i think he can change his ways becaue he will have the money to afford to do so.

At this point it then comes down to just seeing if he is close to the motherload. And I think they finally ARE. So yes I see a potential change in things. I also see risks still abounding, and I understand hwy he says to invest only what you can afford to lose. Because it is still pretty risky and we are still pretty broke. I don't know HOW, since he says it costs so much (I forget the number now) to run the company and yet he has sold 20 TIMES that amount in stock over the past year or two, but we are still broke. But for once I am thinking it is time to buy the stock and be willing to take the risk. I think we are about to se our reward. And even if he doesn't treat us 100% fairly, we will stillcome out way better than we are now.

Strong bullish words considering they are coming out of my typewriter. I know that. I have been, like you, a skeptic and a critic. I STILL am a critic of MUCH of what Wilf has done. But I think we are finally on the right ship, and have all the parts we need to make it work, and therefore think we are about to have a positive experience. A VERY positive experience

"Maybe." HA!

Nice to know that an $8K purchase can still movce us up 43% to almost .008. Shows little on the ask this morning. Maybe our seller is finished.

Neb - call in next week and ask Wilf what you thought was missing tonight. Then you can do the follow ups you want and we ALL would get better answers.

(Seriously)

Yes, odds are good that the order was not filled in its entirety. However, it might be a day order and not be there tomorrow if the seller decides to not sell more shares after what fills today.

Sure can.

When this happens, it normally is someone showing a trade that was done at some point in the day but not posted. When we were at .0055 this morning, someone had an order in to sell. It did a partial fill (an important part as to why this happens) but not a complete fill. So the market maker for the person trying to sell at .0055 held the ticket, waiting to see if they would fill the rest of it during the day. With a few minutes left in trading it was obvious we were not getting back to .0055. So he showed his trade, done earlier in the day, but completed posting it so that trade would show.

Normally it happens on the "bulk trade desk" of the major firms. I've had it happen to me on orders before. I get confirmations of a partial fill, sometimes two or three of them during the day, but nothing shows on the stock itself. Then later in the day either I get the final fill and it all shows at once, or I don't get it, and they show my partial.

That's a STRONG probability of what happened here. Trade while the ask was .0055, but showed later in the day.

I think we ought to all put our buys in at a limit of .003 or .0031. Take away the .0045 bids we have and anything else higher nthan .0031. Then, if someone wants to sell, they will have ot sell at 0.0031. We get them that low, instead of buying at 0.0045, and then when they find treasure (soon) and get the TV show (Also soon) the stock goes up anyway, but we have more shares for our invested dollars.

Make sense?

I pulled my order to buy at 0.0045. I bought some there the other day, then it moved against me, and the rest of my order was there waiting. Now it is not.

If they sell, we get it cheaper. Afraid for it to go down? Shoot, it doesn't MATTER what it trades at "today". Or this week. It matters when the news hits and people are buying like crazy. If WE own those shares, and are not selling, then it goes HIGHER. So whether it goes from .0045 to 5 cents or form .0031 to 5 cents, either way it goes to 5 cents, and we own more shares if we buy lower.



Pull the orders. Let's see if the sellers REALLY want to sell. WIth no bid, for maybe 24 or 48 hours, (I'm not saying forever. Just to get this big seller out of the way) it could give us some GOOD priced shares. True?

If they move it up to a few cents per share in their hype, and I can sell out, that is better than where it is now.

Bought this dog at $3 per share and getting anything back would be something.

Got some at .0045 today. Didn't expect it to fill, with the bid at 0.006 at the open, but I see it dropped some, and I got a partial fill already on some shares. I'm good with that.

It's not fake bids. Different markets and pricings require different amounts to place on the bid or ask. For this low of a stock, it is 5,000 shares. So when they put that up, it means they have shares to offer (or bid). Many times it doesn't even mean that exct number of shares.

I've placed orders before for 100,000 shares,and right after I do I see the MM go at my price for 5,000. It means they are there and ready. These trades are done with communication (As opposed to the exchanges, which can be done without any communication and just computers doing it). So if I put a bid at .0045 right now and became the highest bid, and my order was for 70,000 shares, it would move the bid to that level but could show 5,000 bid (Or show 70,000, dependingon the MM). When someone wanted to sell into the bid, their MM would call mine (via phone or computer) and say he wanted to take some of the bid. If he had an order to sell for 100,000 shares, he would ask how many my guy had, and would cross my 70,000 shares. Then the bid of 5,000 shares would go away, since it was done. If they wanted to sell only 20,000 shares, the deal would be done, and the bid would remain at my bid, and still show 5,000 available there, even though 20,000 shares just traded there and it only showed 5,000 before the trade.

So not fake bids or asks. And 5,000 is the magic number for a stock under a penny.

I figure that the prices may be high when he sells coins, but so will the stock price be. I can sell of some inflated stock to buy some inflated coins. And still do well on the remainder of the stock.

I'd love to see some of our artifacts go on ebay. I could see a sweet penny bid for those mayan artifacts. lol.

But I bet those never sell. Too much of museum-type pieces. However, a few coins would be nice. I'd be a bidder on one of our coins (Or more.)

Wilf said a long time ago that shareholders would have first rights when he sells things like the coins. I don't know if he will still do that or not, but if so that would be nice.

What gets me is that some NICE glasses AND other artifacts are selling as a group for a TOTAL of $200 on ebay, and yet last year we put up single NAILS for $200 on the website hoping to get buyers.

Looks like our pricing may have to be adjusted.

zdiver.

WOW! Thanks for the tip.

I saw those after you told us about it. So the Scipion was salvaged in 1977? That's what it says. The same ship we salvaged in 2009 was salvaged by someone else in 1977. And they got some pretty NICE stuff.

Disturbing in some ways. Disturbing to know.

I might ask Wilf is he knows much about this ...

ooohh. Good point. thumbs up to you.

Wouldn't that be at the 20:47 second? Or at the 20th minute.



But that shows my point well. Wilf said they are "presenting" it to six networks. Not that six networks were "interested" in it. Just that they will present it to six of them. I am hoping that two or three are then interested in it. But of course, all it takes is one to be interested and then that one to pick it up.

Undeletable may have called and said "We have a great project we'd like to show you next week. Can we set up an appointment?" and the person who looks at ALL ideas said yes. IF that person is interested, it goes to others later. Sorta like American Idol. When they show up at the stadium full of people, most sing for the screeners. IF they pass, they sing for Simon and now for (who cares) SOmeone who goes to the stadium shouldn't say "yes, American Idol is interested in my singing." NOt yet. Too early to say they are interested. Just that they wre allowed to try. Same thing with us and the six presentations.

See what I mean?

In a week or so THEN say a few are interested. I think it will be TRUE then!

So far the crew is filming just the 8 minutes they will Pitch to any networks that will listen to them. THEN we'll see if any or all or a few of them are interested.

To say that six are "interested" right now I don't think is accurate. In fact, Wilf said that there is a 50% chance that the show will happen. Personally I thinkit is more like 85% chance, almost 7 out of 8, which is why I am selling NOTHING, but you can't say who is or is not interested yet, and how do you get the number "six'?

So my 9 and a half times multiple of that number will look pretty good at 5 cents?

Shareholder lists are totally inaccurate. The number of 450 would count Etrade as ONE client, even if there are hundreds of people at Etrade that own hares in their accounts. The only way to get the real number is if all the brokerage people took physical delivery of their shares. Otherwise, DTC (Who counts the shareholders) normally shows them in the name of Etrade. So just one owner of all those shares. And Ameritrade. And Merrill. Etc.

Just not an accurate reading.

But we gained one new investor this morning, as one of my friends bought for the first time ever.

absolutely something is brewing. they already preannounced that a big announcement will be coming. I think they said in two weeks. (small shudder writing that) And that was over a week ago.

If they truly name the ship, and do it with a major announcement along with the government, as they hinted they would do, then we could be off to the races IMMEDIATELY.

And the better news is that if they do NOT announce ... then they are STILL pulling up good stuff right now and it should affect the value of the company positively anyway. Maybe not the stock as much, as not as many people will know about it, but the company value. And that WILL lead to the stock value over time.

SO it looks good or looks great. Either way should be a fun time.

I agree. That's when I think it will get exciting. Then we just have to beat "you know Who" to the exit door, before he stops the fun.

But I think we will be in for a ride, and hopefully a good one.

Big seller at .0045, but we have knocked down over half his sell order in the first 40 minutes. Hopefully we get through him soon. If so, I see this stock going a little higher this afternoon.