Deep Blue Marine (DPBE)

[financeguy]

I emailed Blum and told him that I resented the fact that the company used all the media attention and press to increase the float 8 MM shares. I had seen various interviews where company reps touted the fact that they would keep the float low, then Bamm, 8 MM more shares. They've already given themselves 200 MM shares so the upside for us was limited. Our only hope was if they would be careful to limit the float. It doesn't appear that they will. I'm discouraged at the early actions of the company. If this kind of activity were to repeat itself they can kiss their shareholders goodye for good.