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Hey capt Ed , you are still following this? How have things been? Remember this about 5 years ago?! Same ol same ol. Some things, such as Burt webber, never change, heh? Have you seen his new scam? With some ex bike racer as the frontman... Columbia I heard...
Oh well, a friend told me that this board got active all of a sudden so. I thought I would check it out. Anyway, take care... Enjoy the show.
Finius Dude, regardless what you know, none of these so called investors care one little bit about the facts.They care about the rise and fall of a super long shot. The facts about the company or the criminals and swindlers involved ( just my opinion) means nothing to those" drinking the koolaid". That is to explain your reception with these cats in the forum. Not one of the believers has any idea at all of the process.... Not a criticism, just an observation.
The fact that the ship was at the dock 90 % + of the time they were in the DR is due to the dishonesty and malpractice of the parent company and also due to the incompetence of the immediate management and interested parties and lack of competant crew at all stages of the "so called" mission. You name one individual on the ongoing crew list who was qualified to perform a mag survey and that would be a start to an argument... but you can't. Burt sabotaged his own situation by bringing in his entire misfit family into the fold at various stages. That is why it is very very very close to absolutely unbelievable that they "located" the wreck that they (you) were working. Best advice is to steer clear of Burt webber...(sorry if he is your father, but then you KNOW its true) Get a job with an actual working company..there are a couple working in the DR now... And put the mei nonsense behind you.
Lastly, I am very skeptical that mei will receive a permit from the DR, because Burt ,who is absolutely inept and useless at anything but squandering money, he, and his insane psychopathic wife, did have the connections and pull there...due to the fact that they all knew that he is such a buffoon who throws money around from the investors of his ventures in order to BUY respect in that country... They gladly sell it.... They all knew/ know he is a joke.. And show it out of his presence all the time.
This is all just my lowly opinion
haahha....you are probably right....off for christmas vacation....seeing as all of them are so rightous and religious and honest, etc....hahahaha. i bet burt never leaves confessional ever after how he has led his life and that of his faithful crew. i bet that they can all enjoy this well deserved time off from the rigours of ......well, nothing... oh well, truth is certainly stranger than fiction.
capted and o2hit, this is certainly a sinking ship, hey? it has been a pathetic journey to witness. unfortunately, as with scams and cons, the people who are affected the worst are these investors who were duped into thinking that they were dealing with, investing with, believing in, an honest man (burt) and crew (many wanna bes and some never could bes) . i only wish that these scammers would have a bout of concience and give back what money that they haven't spent on whores, rum, and el presidente. what a terrible showing and a veritable "black eye" for treasure hunters and anyone involved in this business that has been plagued by people like the webber clan. well, it appears as if the end is near, but we have been thinking that for years. what is next in this drama? i really have no need to check the status of this mess more than the once a month or less that i am able. this is all my humble though observant opinion.
capted, those have to be some retarded captains to run aground there....it is pretty straight forward navigating in and around the DR waters. now if they were going out to silver shoals like they said they were going to do and how they got all the suckers to invest with them, that might be somewhat tricky, but that is why they have the military grey flying saucer inflatable that the legendary burt insisted on along with the horse collar bcd's. i would love to hear some knowledgable person tell all of us, not to mention all the people who lost there proverbial shirts, how this company can still be operating. where is the money coming from? that is a question....where is the money coming from? the estimate that they are on land 3 or 4 times more than at sea is wishful thinking..... they have been out to sea working, or ruining equipment more acurately i believe, a matter of weeks in the last 3 years!!!!! that is unbelievable!!!! burt is as loony as his wife to not be so ashamed of himself and his derelict family that he crawls under a rock and apologizes to all he has scammed. this is just my littly old humble opinion though.
well this is interesting..... EVERYONE has seem to have lost interest in burt's great fiasco and scam... everyone but his entire family who are still living phat from the dollars of others in return for NOTHING. well, burt, you must be proud. sure don't regret not being along for the ride of the worst show of "lack of character" that i have ever witnessed.
capted and o2hit , i wonder if someone, i.e. mexp principles, explained to burt before this whole thing started that this is how it would work? (they would not be very concerned about performance or anything but manipulating the stock for personal profit and a fat paycheck to burt and any family members he cared to include in the scam) burt webber is definately not smart enough to figure that out on his own, so either he is just bobbing along by shear luck or this was the plan from the beginning. there was never any effort made to KEEP any knowledgeable or competant crew. this is the worst part of the whole thing...many companies and expeditions fail, but they fail trying...these guys continue to make a great living by just sucking off of "investors" who see it as a cheap way to gamble on treasure. it is the most pathetic display of incompetence i believe i have ever seen personally. i guess if they were doing anything technically illegal, they would have been shut down already, but they are certainly not ethical or honest...or even putting forth an effort for show any longer....wow....i guess that is all i can say....wow.
this is quite just my humble and personal opinion
you are certainly right to be sceptical.... this company has not done a single thing on the up and up since inception. the press says that they are going to find the mother lode of what burt has been searching for for 25 years????? WTF?? he has been doing NOTHING for the last 25 years but living off various peoples squandered money. if they are going back to the same site that they bought from tracy bowden, that is certainly not what he has supposedly been searching for for 25 years... that being suppposedly the remainder of the concepcion? wow, i am honestly surprised that they actually got away from the dock at all though. well, the dog and pony show continues. maybe the dr just kicked them off the dock for non payment.... anyone doubt that? lol. THIS IS ALL JUST MY OPINION
capted, i agree totally. i have wondered for the past year how the underlying company could still be paying the old shyster and his family of n'er do wells. this will all be interesting to pck apart in retrospect, but at the moment it is just frustrating for people who actually WANT to work and search and salvage to witness this pig show. the fact that they are getting paid certainly irritates me, and i am sure many others, every time i think about it...but luckily, i am not online but 2 times a month or so now and don't have to follow this catastrophe on a daily basis. good luck to all the "INVESTORS".... all is my opinion
wreckdiver, i agree that one could find "cool" stuff and that the gov't is willing to work with us, but the history really speaks for itself as far as how rich in treasure it actually is.... i would rather see someone work something out with jamaica or cuba eventually... so many people have screwed up and non performed in jamaica already on a literal treasure laden graveyard in the pedros....in my opinion.... i think that the bahamas is working on lifting their moratorium as well and that, i believe, is about the best bet for an expedition. the silver shoals definately would produce wrecks, but it is expensive to work there with the commute, if you will, and now the price of fuel is really getting to be a significant factor. unfortunately, burt webber has really messed things up for any honest ambitious leader or crew, since who would NOT be a little, or ALOT, gun shy to invest large amounts of money to pursue someone else's ideas and desires. i would look at the size of the potential leader's family first....hahahahahaahaha....see how many weebles one might have to end up supporting. JUST my OPINION as always.
working in zero vis is what they should be qulified to do amigo... the original crew not only could but already had worked in zero vis, in rough waters, in dangerous conditions..... the most dangerous conditions this crew has seen has been when eric got a mask squeeze in 25 feet of water and ran out of air.... just my opinion
yeah, wreckdiver, i heard that too. will be interesting to see what that turns into...if anything. nice to see someone earning their money. you know if marx is working there? i heard that he was wanting to .... is he even out of jail yet? i think so.
capted, o2hit, or wreckdiver, have any of you heard of bronze cannons being found off the bahamas? i thought that bahamas had moratorium on treasure hunting (at least they did when i was there last), but i heard through grapevine someone was working a wreck site up in the abacos i think...at least that is what it sounded like.... anyone hear anything?
someone actually doing work...sounds exciting.
i also heard from a reliable source that burt is handing over the reigns to his son eric.... since he has such vast experience (i.e. mask squeeze in 25 feet of water in miami) diving and magging and setting up a survey. wow...how can a bad situation get any grimmer you may ask than it is already? THIS IS A SURE WAY! just my opinion (and observation)
this is a NEW floor!!! new and IMPROVED support!!! this support is created out of titanium i bet! yeah, buy buy buy.... it can only go up from here! jsut my opinion
whitestone, i have never and would never invest a penny in this company. i, among others here, am simply watching the show and trying to warn unknowing potential investors that the company is run by a bunch of criminals and shysters and they should save their money..... so far it has been good advice. i certainly see the THEORETICAL potential to catch a technical bounce, but i would only believe that someone made a profitable (more than 50 or 100 bucks i mean) trade on one of the bounces.... there is just not enough liquidity for that to happen.... in my opinion.
if one were to buy at the current bid and sell at the current ask 3,000,000 shares (almost double the average daily volume,) , one would make a whopping 4,500 dollars..... now how much profit can you guys be making on a 50k share trade, if you can even get that size trade to go through? the people here that actually KNOW the company are always criticized as "nay sayers" and "hater" and are told that we are wasting our time here just being negative, but how is it not a waste of time to put all your efforts into pumping a stock that has no future (aside from small bounces from repeated all time low share prices) to make 50 bucks? burt and his sons and wife spend more than that, of investors money, on a lunch at the chinese restraunt on el conde each day that they ARE NOT WORKNG.
scaglione has been the hispaniola ventures lawyer since the inception.... i would guess that they put him on the board of directors as compensation (as a rusult of accumulated shares owned) in lieu of actual pay for his services for the past 4 years.... i am sure that he regrets the day that he met burt webber and his ever increasing crew of troubled family members.
this is all just my OPINION.
holy cow, i go away for a week and a new slew of people thinking that this might go somewhere besides down?!?!?! LOL....oh well, plenty of people have lost their shirts at the hands of these bandits, why don't y'all too? this company is being run by a pile of thieves and now that scaglioni is on the board of directors, the story has come full circle. well, let the show continue....
i think that there will be quite firm support at ...... 0!
down to 1 half of 1 penny? OHHH i bet NOW is when this sleeper is going to bounce and become the over achiever that it has always had the potential to be. maybe??? ohhh. maybe not. maybe if burt's kids can pass a drug test, they can get a job with tracy bowden..... an actual WORKING treasure hunter. maybe burt could become the ......well, the uhhh.....well, hmmmm, i guess he is not qualified to do ANYTHING... he will just have to mooch off of his kids whose lives he was such a big part of. just my opinion.
hey guys, i hear that SUB penny stock chasers( they specialize in companies with absolutely NO value and run by old has been, never has been treasure hunters) is looking closely at this company as a possible stock to run away from and stay as far as possible from and also, i am thinking , to not touch with a ten foot pole....... just my opinion BURT
yeah, something like that
hmmmm. a new low...that can't be good
bullishtrade, is this still a better sign now that it has reached a new low? does that mean that it will REALLY bounce now for HUGE profit potential? man, don't we wish that we were paid by the company so that we could capitalize on this mega opportunity... although it is still a better bet than betting that burt webber will EVER do anything honest or upstanding in his life. just my opinion
yeah, bullishtrade.....noone can call you a quitter....keep at it...it can't keep going down can it?!?! hmmmmmm
burt's wife cook?????!!!!!!!!hahahahaahahahahaahhaha ... EAT yes, cook, NO....hahahahahahahahhahahah.....good one...made my day
this sure looks grim.
wawaw, just don't ever start looking at this company as an INVESTMENT..... you WILL lose in my opinion. if you are just playing it for moves to make money, good luck to you, but it is just surprising to anyone who knows anything about this business that this operation is still going on.... i don't really understand it actually, where the operating capital comes from to keep it going.
a couple of big buys would have to be in the 10million share range to make much of a difference since there are so many people that are just trying to sell on ANY uptick.... there are plenty of people willing to sell. the only reason that this stock ever moves up is always a fluke that someone has a high ask and some foolish buyer places a market buy order..... or, more commonly (in my opinion) is big holders start to move the price by selling small orders at up trending ask prices which would take advantage of, once again, a foolish buyer placing a large buy order at market..... either way, there is no potential for this stock to go up since they are not doing anything significant or impressive (aside from consuming vast quantities of presidente and brugal) to cause any REAL pr to be released. when, IF they uncover any of the begona, they will try to pump that pr, BUT it will not do anything for the investors since they are just a helping hand to a non profit university in charge of the survey. all this is my oh so humble opinion.
wawaw, i apologize if i offended you. emotions run high about this company, but i should not have taken it out on you. i am sorry.
wawaw, buy tons more NOW!!!!!! it seems that management is selling all that they can at this stratospheric price... i think that they are just trying to "share" this opertunity with other savvy investors such as yourself, who have done their due dilligence and have discovered the huge potential of this gem.... a piece of cow dung in the rough if you will. good luck with your investment and congrats on your investigative skills for uncovering this sleeper.
i get it now.... the lower it goes, the higher the potential bounce....so it is a GOOD sign that it has plummeted on good news and bad....on working days (few and far between) and shore leave.... when the equipment is broken (usually, although new two years ago) or working (meaning recently replaced at shareholder's expense).....yeah...we have just been looking at this the wrong way here.... burt webber and fellow weeble cult are doing all of the investors a huge service by not performing and sitting at colmados and whore houses day and night...they are running the stock down so that it can go up further!!! wow, momentum, did you say scottrade??? i am opening a new account as i type this.... uh huh. just my opinion
capted, momentum does not care at all about the underlying company, its ethics, its probablitliy for failure....he only sees patterns and will try to capitalize on those patterns till it reaches 0...which it will. i still fail to see the efficacy of investing in a company with NO fundamentals...not bad....not iffy.....NONE. they have no prospects for income now that they are on the begona site, so where does the money to pay the drunk crew come from?
where does their opperating capital come from do you think? i have brought this up with other people and still dont really know... they sold the stock to dupes and then ran the company for this much time, but now where is the money coming from? they can only keep reissuing stock so many times before either the company is sooooo diluted that not even stupid investors will invest or the present investors become unwilling to continue the dillutiion process. if all the stock were liquidated now to some dumb investor, that would only bring in 4 million dollars...burt could spend that on more jet boots and 50 caliber barrets!!!! or a new moo moo for his ever growing wife.
this is all just my opinion
well, good luck momentum. i sure think that there are better ways to spend invest your money than in this pig of a scam...but good luck..hope that at least someone makes money on it.... just my opinion
there is no pr because the leader of the whole mission, burt webber is busier sending out religious and other junk email than working for the investors. they are not doing anything to do a press release about, and when they do release news about the begona....who cares...the investors will get nothing from that since it is working with indiana university inside that park and it is protected.
what in the world would make you believe that this is going to go to 1.4 cents....and if it does, what makes you believe that you will get out at that price? that last move was just single large volume trades that pushed the price up and then back down... it was not a lot of smaller, normal trades.
and i had a brain fart there....i moved the decimal point too far over... it is only 35 dollars.. what commission do you pay at scottrade?
can you short this stock? that would be a good move. i sure don't understand any reasoning that would point towards a "push". what news or results have occured?
that is only 350 bucks...... on that last move you would make a profit of $50.... after commision and considering the risk of investing in a fundamentally worthless underlying company, that is hardly worth it.
momentum, are you really able to trade significant vollumes of this stock? i would agree that you might make money on the split of the bid/ask but i don't think that there is the liquidity for the average stock trader to get anything besides a market position...which is a terrible deal with this stock at any point i can see. schwab won't even touch it... noone is able to get the actual shares, so you are really just gambling even more than on the stock (as a scam and potential time bomb)....although i suppose we all are doing the same with the american dollar...since it is not backed by anything either. anyway, i would be interested if you can trade big volumes (say 500,000 shares since that is only $35,000) and if so, which broker are you using?
and bullishtrade, you are not even worth responding to..... i have never invested a penny (although i have lost ...or not received thousands ) in this pig of a company. i believe it to be a ponzi scheme, since they are never actually working but are adding new equipment, having press releases about supposed additional wrecks found (although never performing a mag survey) and radio interviews by the co leader of this circus show. i was referring, you wizard, to the initial investors who were in for 40 cents a share. those poor souls who were duped by the legendary burt webber cult.
this is all my opinion
you can't be serious.... investment dollars are now investment SUB pennies. you are getting excited about a video??? do you know how many ANCHORS there are everywhere in the ocean??? you don't need a treasure hunter or cesium mags to find them either. i certainly hope that you dont lose too much on this scam.... the only thing hard at work is the colmados trying to keep up with the supply of rum and beer to burt and his team of webbles outcasts.
jrf30, i believe that when a company goes public, they decide that that is how they are going to "make" money and it just naturally leads to becoming impersonal and unprofitable for investors. find a company or "project" that you can learn about and invest in.... you will love it that way, since you will be able to get to know the manager and workers and see that they are putting forth an effort towards your mutual goal. read the prospectus and use some common sense as to whether you believe it to be reasonable or plausible. things that seem too good to be true (burt webber's claims on the location of vast amounts of treasure being on the north reef simply because they are nowhere else for example) are usually just that. when you invest on a small level, you will invest for either a set period (a year perhaps) and receive a "share" of profits, if there are any, or for the duration of the project. it is exciting and personal, albeit less glamorous seeming than finding piles of gold and using jet boots and horse collar bcds. just my opinion of course.