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Re: jrf30 post# 38875

Wednesday, 08/06/2014 8:34:10 PM

Wednesday, August 06, 2014 8:34:10 PM

Post# of 41960
More Important Division Omissions....

100% = 50% DR and 50% DPBE.

50% = 70% (Guess, but probably about right) to London = 30% of 50% (15%) left for DPBE

15% left = 80% to LImited Partners, who hopefully will be close to paid off from this, or maybe even totally = 20% of 15% for DPBE



Problem here is none of these calculations are valid.....

FIRST AND IMPORTANT to remember is that there will be two divisions. The first will be of all recoveries from Feb 2011 until March 2013.....THIS is where the Partners percentage comes in. I do believe its 80%, but the part that ALWAYS seems to be left out is that is ONLY UNTIL THEY ARE PAID.

So if Deep Blue gets $1,000,000 in treasure and the partners are owed $200,000. All they will get is $200,000......NO MORE...I know I'm doing what I rail against and speculate, but it's important to show how important that " always left out part" of "ONLY UNTIL THEY ARE PAID" regarding the 80% figure can end up being.

And again...only TWO limited partnerships were sold.

OH...AND THIS IS THE PORTION OF THE DIVISION THAT INCLUDES THREE 3 REALE COINS...

THE SECOND DIVISION will be of everything recovered thanks to the UK funding from March 2013 until Sept 2013. Whatever their percentage, it will only apply to those items, which includes ONE Three Reale Coin

Hope this helps.....


"An error does not become truth by reason of multiplied propagation, nor does truth become error because nobody sees it."
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