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I thought that huge find was already found?
"All of us here at Deep Blue Marine wish you a very Merry Christmas and a .... end of the 2009 dive season we had recovered thousands of individual artifacts. ...
Oh wait that was back in 2009 ....lolol
That sure did a lot for the share price!!!
I am a nonbeliever. I don’t take advice from anonymous aliases but rather base my decisions on facts and information I am able to verify. It’s not too much to expect answers from company officers. Like #1: Where are the “shares returned to treasury”? Frankly since the OS has been raised about the same amount of shares they PLEDGED to return, it looks like another shell game. And question #2: Did Billy sign the 504 or did the company do it without his consent?
Those are just basic shareholder questions that I would think every shareholder would want to know. I realize I’m different than the normal poster here, but a shareholder nonetheless.
So six years ago DPBE was about $1.20 (adjusted for the split). $12,000 invested in DPBE back then would be worth $12 today. I guess for some its important to keep the dream alive.
Whether any shareholder buys/sells is of little importance to me. I’m a shareholder and all I want is some answers to my questions. For one director Rawson said the company didn’t have his consent on the 504 document. Yet his signature shows right there on the form. So which is is? The SEC tends to frown on inconsistencies or downright fraud.
As for trading, it’s highly questionable that DPBE traded over 9 million shares in the last two days, IMMEDIATELY after they increased the o/s. And then of course we had all that important positive dd being posted this week. lol
C’mon that’s as transparent as koolaid. If I’m wrong the pps should continue to climb day over day on REAL VOLUME, easy enough to gauge.
What has the "stuff" they supposedly have found done for shareholders? What has it done?
Net Income -$558,360.84
Well evidently the same experience deep blue marine management has in running a "SUCCESSFUL" treasure hunting company. NONE.
Two ticker symbols used up, now literally billions of shares dumped, the stock price at 52 week lows, no revenues, debt laden, false press releases, sec problems forcing the ceo to resign. Hardly a successful treasure hunting company.
Another classic deep blue marine Pump and Dump going again. This time it was clearly broadcast well in advance. Right in the presence of regulators that were just alerted. ROFL. Could not be sweeter timing.
As vice president of deep blue marine operations william rawson as stated on the UNITED STATES SECURITIES
AND EXCHANGE COMMISSION Washington, D.C. Form D Notice of Exempt Offering of Securities YOU declared: Each Issuer has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person
No omission whatsoever.
There IS an ongoing SEC investigation into Wilf Blum's illegal sales of stock via his alexander Lindale. The case is NOT resolved and closed.
Risicare, just keep asking questions. Its clear these officers of deep blue marine will not answer anything. Does not mean we shouldn't continue to publicly demand them.
Its fine, there are sources available who's only job is to find answers to such questions. We have clearly exposed this company.
Time to report OUR findings. Here is a link for individuals to take action: https://tts.sec.gov/oiea/Complaint.html Utilize your power to hold these people accountable to shareholders. Anyone needing help please do not hesitate to contact me.
Speaking of dilution?
Did you know the Number of dpbe shares outstanding increased again?
Yes! The O/S grew by another 39 million shares. Keep in mind that is on top of last weeks increase of 131 million.
Did you know the publicly trading float has also increased.
Yes. It increased by 168 million shares. That is since Dec 22,2011
So that leaves roughly 161 million shares remaining to be issued until the total number of shares authorized is once again maxxed out.
Obviously the press release where dpbe announced shares were being returned to treasury is clearly misleading. I say its false but I will leave that OFFICIAL determination for regulators.
Have a great day risicare
Sure appreciate your personal perspective on the chain of events as YOU saw them director rawson.
However, You fail to answer direct questions about whether or not these two employees were paid for their services. So were they ?
What difference does it make whether you know me or you don't know me? The only thing you need to know about me is that I am a dpbe shareholder. My only "agenda" is to get my questions answered.
Let me remind you the topic here is dpbe.
Your statement was you only "speak the truth", that should mean to everyone and at all times. So let me ask you again:
Did you give your consent to be listed as a deep blue marine executive officer? Or did it happen as you asserted...that the principles of dpbe used your name without your knowledge and or consent?
The way I see it, you have two choices director rawson. Either the statement you made about being made an executive director of deep blue marine without your knowledge and consent is FALSE?
Or
Your employer deep blue marine is filing fraudulent documents with the Securities and Exchange Commission.
WHICH IS IT?
Just answer the Questions.
Wrong again dpbe director rawson
Ask ceo randy about who removes what.
Fwiw, there aren't any active mm's on dpbe. IT HAS NO VOLUME
Oh by the way. The story about the two dpbe divers Tommy and Joe is that wilf owed Joe $17,000 in back pay and refused to talk to him or pay him. Tommy was owed the same amount of money and was so broke that he had to work his way home from the DR as a crewman on a boat.
Historically speaking January should be a good time to make money ...just not on dpbe.
Some people do know how to trade...Notice they aren't here trading this dog? No volume again today.
Not a bad company? I would call it a dismal failure of a company and that would be generous. It has a 1.8B OS, a 1.3B float, 8 increases to the float in the last 7 months, A/S almost maxed, the shares that were publicly announced as already being returned to treasury, HAVEN'T BEEN. The share price was down 70+% for 2011. The founder and a company officer, wilf blum, is under SEC investigation for selling unregistered shares that were 11 million over the legal limit allowed to be raised. Blum's alexander lindale is the only one DPBE is paying on long term liabilities.
The officers do not answer questions or should I say answer questions selectively, each question met with more sarcasm than the one prior. .0007 pps etc. etc.
Need more?
Got plenty more.
Has any real due diligence been done on DPBE, not including cutting and pasting Ibox data which certainly does not constitute real complete dd, imo. If that's the extent of dd done then I will agree with the comment made here that some people don't have a clue how to trade.
Ok lets talk about that director rawson
"Here lets go ahead and ponder a few more things while we’re at it:
All the un-paid employees? Where are they now? And the answer is they are still working here? What’s up with that? I mean if you weren’t being paid then why in the heck would you still be working here? That’s something well worth pondering?
So why don't you tell everybody about two of your dpbe divers.
What happened to divers Tommy and Joe ?
Of course this is not hypothetical.
We all REALLY want to know what actually happened.
Exactly Risicare,
This company dpbe is selling one thing and it is NOT artifacts.
They sell STOCK.
Let me be the first to suggest a name change for the boats dpbe uses in their recovery operations.
Lets call them:
Lollipop-1
Lollipop-2
Lollipop-3
Because anyone that buys into this scam is a SUCKER.
Lets place that statement into linguistic deep blue marine perspective:
Sentences and phrases are forward-looking statements when they include any tense from present to future or similar inflection. Words, such as "believe," "estimate," "anticipate," "plan," "predict," "may," "hope," "can," "will," "should," "expect," "intend," "is designed to," "with the intent," "potential," the negative of these words or such other variations thereon or comparable terminology, may indicate forward-looking statements, but their absence does not mean that a statement is not forward looking.
Dpbe coming out of "holiday mode" "could" also mean it will be back into more nonstop dilution as more and more stock hits the market in an effort to further fund this dog with fleas known as deep blue marine.
Yes Canecorsos well its high time for the truth to be told about this sham of a company. Thank you for asking questions in spite of enduring criticism.
I am here to tell the REAL dpbe story. Not some sugar coated fantasy.
Anyone can cut n paste irrelevant outdated ibox information.
I have questions I want answers to. So far No one will answer them.
Not even officers and directors of dpbe that post here as wagonbox and champartdirector will respond to DIRECT questions.
What does that say about DPBE?
I tell you what.
It says everything anyone needs to know.
Well dpbe director rawson,
Based on the dd presented, I see no way for anyone to make any money here.
You yourself are currently owed 35k dollars by dpbe.
Your crew is owed 9k.
This turkey owes everyone under the sun. Go look at the Unaudited financials.Even unaudited, they are UGLY.
The founder wilf blum and the current ceo randy champion stated on air they cant even afford to go to the DR.
I mean come on, where do you think the money to operate this dog comes from?
Here is a hint dpbe share price is .0007.
Here is another hint the o/s is 1.7 BILLION SHARES.
One final hint: 1.3 BILLION are free trading.
Director rawson, while you concentrate on the operations, the fact is no matter how much you and your unpaid divers dive, the stock price continues on a downward spiral. There is no favorable correlation between the stock price and the operations side of this company.
The finding of artifacts is a cool story. BUT the stock is a PATHETIC reminder of how HORRIBLE an investment dpbe truly is.
Seeing as how you asked, I have no desire to throw away one additional red cent on dpbe stock AT ANY PRICE. So stop with the beat it down to buy it up theory. Its lame, its old, its not even remotely accurate. While I am on the subject of stupid conspiracy theories, I have no interest in diving the sites in the DR or anywhere else. Did I ever mention I am a shareholder? A very unhappy one.
The stock price is still .0007
There is STILL no volume. NONE.
Bottom line here is: Read and enjoy the tale
DO NOT BUY THE STOCK.
Zero volume in dpbe again today. Nice dead last start for 2012.
Bullhead, Thank you for pointing that out.
However, If wilf "said" it cost from between forty to fifty thousand dollars, doesn't make it so.
and THAT's a shame to have to say.
Anybody that's followed deep blue marine for any length of time knows that what wilf says and what wilf does are two totally different things.
The SEC knows this about wilf blum better than any of us.
blum and champion say they are not going to the DR.
say they can't afford it.
say its more important to pay the bills
what bills are getting paid?
according to dpbe's dismal financials bills are NOT being paid.
Debt is just stacking up.
so what bills can dpbe pay by not flying to the DR?
Only one being paid is blums alexander lindale.
more spin lies and deceit.IMHO
Anyone here interested in the 2012 version of the dpbe shell game?
Now you see the certs now you don't.
Where oh where can my stock certs be ?
Where oh where can they be?
Don't look now, but that's the 10,000.00 question.
I sure hope the company wont seek out compensated promotional deals for 2012 costing shareholders additional dilution.
I think most I/R firms would be concerned about all of the ongoing SEC stuff surrounding the founder and ex ceo of dpbe wilf blum.
DPBE .001 has been a reliable support level over the past few months.
Sorry but I DISAGREE. dpbe has no support.
Hence the continual setting and resetting of new 52 week lows over the same past couple months.
DPBE- Most of its history is above that level. Once volume starts up it could rebound quickly.
could should may might
History says it WON'T.
No ask slapping on this one.
ONLY BID WHACKING.
DPBE: It sure does look like one that normally bounces off .001. Could be a quick turn around on this one off the .0007's.
Yep it bounces off of .001
Unfortunately it bounces DOWN.
Then again it may continue down the never ending stock dilution trail like it has since inception. I will go with my perspective based on historical data over a multitude of years of watching this dog trade.
Any due diligence performed here or just another chart perspective only?
Does the lack of any volume concern you in the slightest?
The 1.3 BILLION SHARE FLOAT?
The nearly maxxed out O/S?
I'm curious, how did you come to hear about dpbe?
You william rawson stated that you are not an executive director of dpbe despite public postings and filings to the contrary. You also stated that if you were made a director/ officer of deep blue marine that it was done without your knowledge or consent.
My questions to you william rawson dpbe executive director are as follows:
Are you or are you not an executive director of deep blue marine?
Were you aware or were you unaware that you were made an officer/director of deep blue marine ?
Did deep blue marine have your consent or did they not have your consent to make you an officer / director of deep blue marine?
I see where you stated you were given 2,500,000 shares of deep blue marine. The stock price on that date according your post was .07 cents. At the time that stock was valued at 175,000.00. Unfortunately for you it also carried with it a two year restriction. On the date the two year restriction was lifted that stock previously valued at 175k was subsequently worth about 350.00. Now I see on deep blue marine's latest financials where you are owed 39k? Yet blum's alexander lindale debt was reduced by nearly 250,000. I guess that's the way it always goes when dealing with a wilf blum enterprise.It doesn't matter if you simply bought shares based on press release statements that never came to be, or if you were given shares as incentive to work for the company.
The net result is the same.
The only question is why do you continue to support and work for blum, the founder and former ceo that's ripped you, your crew, and the public off?
To randy champion dpbe ceo posting here as champartdirector
I heard you state on air....how you don't respect people hiding behind the anonymity of a computer.
You want people to call in to your show.
You respect people who ask questions.
You dont respect people who go behind you or make anonymous accusations.
There is always going to be a difference of opinion.
But there are those who don't get the WHOLE picture.
You don't put any stock in what they say.
But when there's false info, you get upset.
Why is the dpbe ceo not answering my questions?
You appear to me to be dodging shareholder concerns.
Pete
dpbe volume last day 2011 = 65,200 shares
dpbe closing price for 2011 = .0007
Total trading $ last day 2011 = $45.64
Will 2012 be the year for a THIRD ticker symbol?
Or will the a/s get raised to 3 BILLION? 4 BILLION? 5 BILLION?
What ratio of a Reverse Split do you think we're looking at?
Questions all holders of nearly worthless dpbe stock should be seeking answers to.
A few hours left in 2011 is right.
Sometimes its good to take a look back at where dpbM has been for a better perspective on where you're told dpbE is heading.
Monday, December 14, 2009 8:38:39 PM
Below is just a small sampling of what shareholders have had to deal with over the years with Mr. Blum. Lot's of questions as you can see below.
KEY WEST, Fla.--(BUSINESS WIRE)--Sept. 11, 2006--Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce that the company has signed an agreement with a California production company to provide present day footage of the Deep Scan, as well as some site footage to be shot by the production company for a family feature length movie to be titled "Pirate Camp."
Where's the beef??
Wilf Blum March 2006
"Im very pleased with everything that happened down there. The group worked together well, and the technologies we used combined to produce several strong anomalies that included gold, silver, bronze and emeralds."
What??
Wilf Blum 2006
Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce that the company has signed an agreement for recovery assistance to Aqua Gems of the Treasure Coast Inc. for the permitted recovery of a wreck believed to be of Spanish origin but has not been identified in the permit application. Research shows that a ship of known origin sunk in the permit area and was carrying a cargo of 16 chests of silver and four chests of gold when she went down. The manifest value in today's values puts the wreck at more than $500 million. The wreck is believed to carry contraband that may also be worth millions.
July 2006
Wilf Blum, President of Deep Blue Marine Inc. is quoted as saying, "The income derived from this service we are providing should more than offset the cost of operations in the areas we are currently diving in the treasure recovery contracts we have." He further stated, "We were in contact last week with the individual we are currently working with on permits for North Carolina and we have been informed that the process is going forward at a good pace and we should have a dredge and fill permit within the next few weeks. So on those two fronts things are moving along very well."
How many times have we heard that??
January 2007
At this time we can’t say too much, but the future looks pretty exciting and the crew is ready to dive.
Bringing up what?
October 2007
Deep Blue Marine Inc. Keeps Bringing It up at Terry's Site
C'mon seriously?
Wilf Blum
October 2007
Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce that management has entered into negotiations with a Las Vegas television production company for a television series based on the work of the company’s recovery of, and the crew's search for, missing treasure.
Who won the Shelby??
February 2008
The game can be played by shareholders and non-shareholders alike and has several incredible prizes to be given away. 1st place is a 1965 Shelly Cobra GSX4000 roadster, 2nd prize is a restored Civil War Cannon and 3rd prize is an authentic French made sword from the time of the War of Independence (1770-1785).
Players are competing for the grand prize of a 1965 Shelby Cobra GSX 4000 roadster with a value of over $100,000.
Where's the guns, jewerly and swords????
Terry's Site
Deep Blue has recovered several hundred artifacts from this site, including but not limited to, coins, jewelry, guns, swords, rigging and personal items owned by sailors and officers.
Bringing home the major load????
February 2008
President and CEO Wilf Blum had this to say, "This first division is small due to only one factor, space available for this type of artifact on a commercial airline. We only brought back artifacts that could be carried on a commercial flight, and also many artifacts are still being cleaned and prepared for shipment. We anticipate bringing home a major load this fall when the dive season ends. The site is certainly capable of producing them, and our recovery team has proven in the past that they can bring up the goods. When the Capt N Tracy returns in the fall she should be loaded. This first division is small, but very valuable; it includes coins, rigging, glass and artifacts from the 1700s. We have not placed a value on this division at this time."
Where are the several hundred coins??
Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce that the company is preparing to depart from Key West on Friday, February 1st 2008. This is the site that produced several hundred coins and hundreds of artifacts.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44520908&txt2find=cobra
HAPPY NEW YEAR !!!
In order to see the truth one has to VERIFY things stated.
The following was inaccurately stated:
AGAIN, the 133 million shares did go back in late May - a fact that you still refuse to admit.
If one were to actually READ what I posted one could discern that credit was given for 133 million shares,in fact credit was given for even more than that as the ACCURATE figure was 166 million. So stating something "is a fact I refuse to admit" Is a false statement designed to discredit me. Lets stick to factual and honest posting.
Fact is the o/s was first RAISED, for what? only the person that raised it knows the answer, then it was subsequently lowered.
I am of the opinion: that the o/s was ARTIFICIALLY RAISED for the SPECIFIC INTENTION of SUBSEQUENTLY LOWERING IT LATER.
Here is the data in support of my opinion:
apr 11 2011 1,560,199,199* - when this all started
may 23, 2011 1,696,747,825 - increased
may 24, 2011 1,530,081,159 - decreased
june 2, 2011 1,560,081,159* - where it wound up
dec 2011 1,799,341,609 - where it is today
If you are confused call the Transfer agent and get the details, 801 571-8844. Also ASK, seriously ASK how long it took for 269 million shares to be added back to the OS.
Fact: The O/S has increased many times.
The o/s was first raised by 136 mm partially offsetting the planned lowering of 166 mm. ALL of the 166 million returned have made their way back to the o/s, plus MORE,way more. Depending on how you slice it we're talking about a bare minimum net O/S increase of 72.5 million or 100 million. Take your choice.
Either way is not favorable for shareholders.
This is nothing more than a shell game.
Now you see it? Now you dont.
In fact this is in the process of happening again.Here's how
Just this week the O/S was raised by 130,000,000 shares. Why you ask ? I say, so round two of the dpbe o/s shell game can be run again. By issuing 130,000,000 it allows for the "reduction" of 166,666,666 shares. Unfortunately for shareholders again,the NET RESULT of this entire charade is a significant INCREASE to the O/S.
No one got anything except DILUTED.
There's no fallacy and unfortunately no silliness to the DPBE share structure facts. Perhaps its unpleasant for some to have to be shown how this shell game is being run. But like I said, what I post is based on factual data." This has been a fraud run by a conman from day one.
This statement is inaccurate and quite frankly silly:
"You guys like to throw around the dilution word, but is it really dilution if that money is used to keep the boats fueled, the crews diving to bring up treasure, and/or to pay the back wages you continually bring up?"
Dilution: the result of new shares of stock being issued by a company, thereby diminishing the percent ownership represented by previously existing shares.
http://en.wikipedia.org/wiki/Stock_dilution
The following should be of special interest:
A share dilution scam happens when a company, typically traded in unregulated markets such as the OTC Bulletin Board and the Pink Sheets, repeatedly issues a massive amount of shares into the market for no reason, considerably devaluing share prices until they become almost worthless, causing huge losses to shareholders. Then, after share prices are at or near the minimum price a stock can trade and the share float has increased to an unsustainable level, those fraudulent companies tend to reverse split and continue repeating the same scheme.
I was serious when I asked you what you envision transpiring IF...IF dpbe were to actually find your claimed 2,000,000 coins or any significant number of coins? I wanted to know what you see the principals of this company doing and I mean for its shareholders specifically?
NO response.
Actually here is the response and I quote:
"So there will be no further answers or replies."
Its a great response and I anticipate you adhering to your word.
This gem bring up some historical dpbe reality for you highpockets?
Published November 14, 2007
Taken public via a reverse merger in December 2005, the company wasted no time trumpeting its arrival, issuing 15 news releases in February 2006 and booking actor Brolin on programs like The Tony Danza Show and CNBC's On the Money. In March 2006, company officials declared it would spend the summer recovering a centuries-old Spanish wreck that had gone down with an estimated $500-million in gold and silver, and claim a 20 percent stake of any booty. In April 2006, an independent research firm called Bridge IR Group breathlessly concluded that Wall Street investors should "strongly consider a stake in the company due to its severely positively skewed payoff profile that is rare in terms of the enormous potential returns."
Little has turned out as planned, however. Deep Blue eventually abandoned the $500-million recovery due to doubts about the ship's identity as well as dangerous conditions at the dive site, CEO Blum said in an interview Tuesday. Unlike Odyssey, whose remote-controlled vehicles can descend more than 1,000 feet, Deep Blue uses human divers who cannot go down more than 150 feet. Bridge IR's report turned out to have been underwritten by an undisclosed third party for $7,000. Because it does not file detailed reports with the Securities and Exchange Commission, Deep Blue's finances remain opaque. Its stock closed Tuesday at 1.5 cents per share.
Blum, 55, has struggled personally in recent years. A real estate agent and land developer in Utah, he tried to capitalize on the "Y2K" pandemonium in 1998 by cofounding a company that made diagnostic software. Blum forecast that publicly traded Commercial Concepts Inc. would rake in $10-million in 1999; instead, it did just $260,000 in business. Blum resigned as president and chief executive. A subsequent shareholder lawsuit cost him $25,000.
In 2002, Blum filed for Chapter 13 bankruptcy reorganization, claiming nearly $150,000 in business-related debts and only $4,000 in personal property. The case was dismissed after he missed two monthly payments.
Despite setbacks, Blum remained characteristically optimistic in a conference call with investors last month. Asked to forecast Deep Blue's stock price, then trading at 2.7 cents, he predicted it would climb to "well over a dollar" when the company starts selling some of its artifacts.
http://www.sptimes.com/2007/11/14/Business/Odyssey_rivals_join_t.shtml
Where's the 20%?
I've been following this deep blue marine for a long time too. Isn't it high time for deep blue marine to sink into the deep blue ?
To continue to pretend this is ANYTHING but a complete scam run by a group of stock thugs only furthers the fraud that plagues the public markets.
As for spinning records? Don't look now but the only one spinning records is the filer of the UNAUDITED dpbe financials which pale in comparison to its press releases.
So there are now "reasons" why my questions won't be answered here. Well the questions aren't being answered in deep blue marine press releases either. Not being answered anywhere, but I will continue to ASK questions. I will continue to provide factual data that not a single one of you attempt to refute. Not even dpbe ceo randy champion, not dpbe executive director william rawson.
I've got some updates to provide you all with as I like being helpful. It is about the latest stock scam I have asked about. The 166 million shares supposedly being returned to treasury.
Nebula,Keep in mind I'm the one who corrected your erroneous figures regarding DPBE and the lack of returning shares to treasury. Now you're suggesting I "refused" to call the ta which is also a misstatement. The transfer agent has indeed been called and my DPBE share figures are accurate and current. The TA says they have not received an actual application to return shares to treasury.
Do you even know the correct share structure? Because it's increased over and over again in the last 6 months and again over 130 million shares recently, plus another 111 million ADDED to the free trading shares. Were you aware? So much for that reduction of shares. Mark my words: If I had to guess, I would say DPBE's officers intend to raise the share structure so they can "say" they lowered it...again.
Just like they did in May 2011. DPBE should get a recycling award.
More inaccuracies: "With all the dips to .0001 and pops close to a penny"
DPBE hasn't been to .0001, nebula, it's low is .0005, as if that's not bad enough. And truly, how long has it been since this stock has seen a penny? It was mid 2010. Let's at least get the numbers straight.
As for nitpicking, all my facts are just that, facts. I don't make forward looking statements which has become the norm for DPBE. You state "once those 2,000,000 silver coins show themselves", like those coins are an inevitable fact of life. Shouldn't that say "IF those 2,000,000 coins are found"? Let me ask you, IF those coins are ever found, how do you think that will translate into a win situation for shareholders? Seriously how do YOU see that unfolding?
Nitpicking means criticism of MINOR DETAILS. That doesn't even come close to defining what DPBE has done to shareholders. 25 cents to .0005, AND A REVERSE SPLIT. Hopefully you realize the current OS is close to meeting it's limits? While some are steadfastly defending the company, the company is returning the favor by raising the os AND the float by over 100 million shares. That's called dilution any way you look at it.
Now some here like to call this a lottery ticket. But at an pps adjusted for the reverse split, each share cost $1.25 at inception. 1 million shares would have cost you $1,250,000, hardly a lottery ticket. At Today's price of .0007, 1 million shares would cost you $700.
The difference if you bought in 2006 and if you bought today is only a slight difference of $1,249,300. See why some would disagree with the lottery ticket analogy?
I play golf for fun, I don't invest money in a publicly trading company for the fun of reading fictional stories. If others here do, more power to them. But this company has been stretching the truth for far too long, IMO.
I am not getting any dpbe related answers here or anywhere. That's obvious.
Wilf didn't use any time frame other than implying via the deep blue press release that it was done. That is what he does. He wasn't figuring on any of his deep blue kool aid crew holding him accountable. That's where I come in.
Your statement about dpbe executive director william rawson being an honorary anything is .....well not even worth responding to.
So you are now making predictions of public announcements in a couple months? sounds familiar to me and apparently others have seen this type of charade before....:"You should start to see the standard answer from Wilf of wait two weeks and we will have all the stuff posted. ... That will turn into two months and then two years and noone will remember"...I can't post the link but anyone can google the quote for confirmation of its existence.
For someone claiming to not be accusing anyone, you sure are throwing accusations out there.
Lets try to stay focused on the topic: Deep blue marine, its officers, directors,employees, clients, customers, vendors, etc etc
Why should I call and have a private conversation?
I went a step further for fellow shareholders.
The questions I have were posted here on a public forum for the benefit of ANYONE that reads this thread.
Dpbe ceo randy champion moderates this thread for public sentiment. Well according to him that was the reason.
So far there has been no response.
Speaks volumes does it not?
Speaking of VOLUME?
Dpbe again has none.
The shares to be returned to treasury? still aren't
No comments about the first 166 million being reissued into the o/s?
No response to william rawson's claim that he was made an executive director of dpbe without his knowledge or consent either.
I will call this company what I think it is: A ripoff and a SCAM
Can someone convince me otherwise? Tell me where my data and my conclusions are flawed?
I would like for my questions to be responded to. So far company officers cherry picked one question each, they have addressed little else,nor has anyone else posting on this thread with the exception of you. At least you attempted to answer a couple of questions. Thank you for responding. Now we can actually engage in intelligent conversation as it pertains to dpbe. My issues are with the company its management and what appears to me to be intentional misinformation presented here as fact.
I do not think you are paying close enough attention to the details of dpbe as I have been. First of all, dpbe returned 166 million shares to treasury in May (not 133 million as you believe). Of those 166 million, 138 million have been already been REISSUED back into the outstanding shares. This has happened within the last 6 months. If you were truly paying close attention to the growing dpbe share structure as I have , you too would be aware. Did you really not know ?
As for the 2nd 166 million shares the company PR’d “they had already made application” to return to treasury? They HAVE NOT been returned to treasury. In your founder’s own words “IT MIGHT TAKE UP TO A MONTH..” The key words “UP TO”. Why don’t we discuss this? I have repeatedly asked dpbe officers and directors right here on this thread to no avail. Over a month has come and gone and the only thing we’ve seen is an INCREASE in the float.That is a fact.
LLP’s. You predicted 10? Well even you were off, as it was just 4. Wilf's lofty projections were even further off base, he always presents "best case" and "some" here incorrectly assume he would actually be able to sell the entire $2 million dollars worth. Anyone with a lick of common sense would ask themselves, ok this guy has diluted shareholders once, reversed shareholders once, has yet to turn a profit, is fast approaching the max authorized again, and wants someone to finance his operation further?
As for the gold buying , unfortunately that was a loss for shareholders. Did you notice that in the current P&L? I really don’t care how many people told them it was a bad idea, point is the officers didn't listen and shareholders lost money.
Here’s the problem with your last statement to call and ask randy, wilf, william, or whomever is on call that day. We know at least randy and william post here, perhaps more . Why not answer HERE? Is there some shame associated with the answers? Can ONLY glowing accounts of DPBE be recounted here? Why can’t actual questions from actual shareholders be addressed, even if the question or even the answer is a hard or unpleasant one? If no one provides direct factual answers to direct factual questions a very one sided accounting of dpbe would be presented here wouldn’t you agree? As a result, I have NO faith in the company's word. I prefer facts which can be checked, ie. REAL information. I find it odd that you feel I won't believe anything the company says. I know I am not the first dissenter you've seen stating they don't believe dpbe officers either.
I’ve asked for answers here many times, yet all I received was dpbe ceo randy champion saying he didn’t know anything about a PR in 2007 regarding producing a reality show and that he didn't "recall" calling shareholders mongrels. Dpbe officer william rawson responded to my questions to him, by stating that the principals must have put him on as an officer, on a FORM 4; AN OFFICIAL SEC DOCUMENT, without his knowledge. Does that in itself not concern you? Does the lack of any other answers to any pertinent questions about dpbe not concern you?
Are you not concerned with the missing ORRV shares? executive officer william rawson being owed $35k? the crew being owed $9k? the attorneys being owed $16k? the bookkeepers being owed $15k? the archaeologist being owed $14k? disability insurance? spending almost $200k for an investment that returned less than $1k? etc? Dpbe has accumulated over a third of a million dollar in brand new liabilities. Yet dpbe is able to pay back wilf blum's company alexander lindale,a quarter of a million dollars. I find that both amazing and insulting. I guess I am the only one. If you believe paying yourself $243k while your workers wait on their paycheck is a good decision, I would suggest you take a class in executive management.
Perhaps you’re content with a failing pps, but I am not. I am holding this company accountable for their PR’s, their statements on public message boards, and their public filings. . If these PR’s were so on the up and up, why hasn’t a single officer addressed my questions?
If you’re happy with a publicly traded company whose founder wilf blum has SEC complaints against him, whose pps began at .25 cents and is currently at .0007 (NOT taking into consideration the Reverse Split they saddled us with), whose price according to bloomberg is off 77% this year, whose PR’s are questionable at best, then that’s your call. But I am a shareholder, and not all of us shareholders are as giddy with the management/officers as you are.
You can be as thankful as you want about the “treasure” but I am asking you, how has that translated into any profit for shareholders?
Answer: It hasn’t.
The stock price closed at .0007.
Merry Christmas
I’ve read the most recent set of UNAUDITED dpbe financials. I have a few observations regarding them and a few questions. Before I start, the most obvious question that has been asked several times but met with no answers is:
1. Why have the shares that DPBE management promised to return to treasury, not been returned to treasury as of this week?
This was the pr of November 10, 2011 which read in part:
Deep Blue Marine, Inc. Recovers More Coins From Contracted Site and Returns Shares to Treasury By way of announcement, Deep Blue Marine, Inc. has made application through the transfer agent to return 166,666,666 shares to the treasury making a total of 333,333,332 shares returned to the treasury.
Observations concerning the Sept. 30, 2011 balance sheet are:
1. Where are the ORRV shares?
2. We have an entire new group of liabilities including but not limited to: (approx amounts)
Atty WJS and associates $15k
will rawson $35k
bill and his crew $9k
Bradley Simpson our IR and (evidently now) attorney $16k
Gem Pro $30k
Alejandro Selmi $14k
Assorted new liabilities of $380k What are these for? Are they back pay? Salaries? Loans?
3.wilf blum’s company, alexander lindale, was paid down $243k by dpbe, yet of all the other long term liabilities increased.
Some by over $100,000.
Why would only alexander lindale/wilf blum get paid back if some of the employees are now on the liabilities list as well? Shouldn’t the working men/women/crew be paid first?
4.Did we drop our disability insurance? It’s listed as an expense in December 2010, yet not in September 2011
5. I see we sold 4 LLPs for $105k? Wasn’t the projection $2,000,000? If so, we are significantly down on this one.
6. What about the Gold buying spin off? Wasn’t that done to generate funds? Yet it seems there is a $6.6k loss on the 2010 P&L and nothing listed on the current one. What is the current status of that operation?
7.In Dec 2010, a $196k expenditure for the museum is shown . However on the P&L of Jan thru Sept 2011, it shows a TOTAL museum income of $989. Can that be accurate?
dpbe ceo/president randy champion posting as champardirector please do clarify.
We are all STILL waiting for a dpbe management response to MANY ADDITIONAL points brought up on this thread.
Officer rawson, it’s disturbing to note that you state:
“If the company made me an officer or manager it was done with/out my consent or my acknowledgement.”
What kind of person at what kind of a company would sign names to stock offering forms without their permission ? The SEC has filed a complaint against one of the principals of this company for similar actions in another public company.
Your name shows up on this form 4 legal document “notice of exempt offering of securities” signed by the President randy champion, AND your address is listed as Midvale Utah, NOT the Dominican Republic. So based on your denial of being an officer/director/executive of dpbe, a rational person would conclude that the ceo randy champion has submitted a false stock offering document to the SEC. It would also appear wilf blum has as well.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8156573
Also director rawson, your name appears as a dpbe officer on this form 4 for raising funds all the way back in November 2009. On this form it says out of the $1,000,000 that dpbe is legally allowed to raise, that $100,000 of it was to go to the executive officers. Did you receive compensation for that offering or just for allowing your name to appear on that offering. Were you asked to market the stock? Fwiw, the 2009 legal form 4 to raise funds was signed by wilf blum in 2009. The more current offering is signed by randy champion.
Right above both wilf's and randy’s signatures is the following statement:
Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.
For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6903229
Falsifying official documents is a serious offense punishable by law. As YOU stated, false information should not be tolerated. Not in filings, not in legal documents, and not in PR’s.
You signed your entire name on one of your posts so I doubt your use of the word “rude” is applicable in this situation. However until I see otherwise you are still listed as william rawson, executive officer of DPBE whose address is Midvale Utah.
I would like to point out a recent post of yours where you stated the following:"So that’s how director Rawson spent his night." .So which is it? are you denying you are an officer /director/ executive? Or posting as one as referenced in public filings and public postings above?
As a shareholder I appreciate the Merry Christmas greeting you posed to the others, and I regardless, wish you one as well.
I think I am aware stocks go down in value.
Comparing non reporting pinksheets listed dpbe to wamu is a very very poor choice.
I think I get it that life and investing are not always fair.
I do NOT agree that asking dpbe management questions about press releases that are not accurate should be classified as incessant complaining. I would argue that demanding answers is very productive.
I would also suggest that instead of just accepting what you are told by the company (dpbe)as gospel, why not ask the hard questions I am and find out what the heck is going on in the company WE ALL ARE PART OWNERS OF.
Very very very small owners since wilf blum sold off some more of our ownership to the Limited Partnership's but owners nonetheless.