Deep Blue Marine (DPBE)

[PinkElephant]

I'll give Wilf credit as the only pinky CEO who actually admits to selling more shares, especially while it is happening. Most of them lie repeatedly to your face and say there is no dilution happening. He isn't trying to mislead us in that area.

I think you are asking a little much for them to say it is almost over. Obviously it isn't over and quite likely is probably isn't 'almost' over either. If they've raised 2/3rds of their $1M limit and they've been selling for 4 months, then with the price dropping as it is, we may have another 4 months of selling - at least 2 for sure.

That's all swag, of course, but when someone mentioned Wilf didn't answer questions about if the dilution was over, I took that to probably mean it wasn't and sold first thing Monday morning. It's better buy back in when you know it's going up and miss some of the gains, then to continuously ride it down in my opinion.

#1 rule of pinksheets, as anyone will tell you, is not to invest any money you can't afford to lose. In fact, Wilf would tell you the same thing. I've left enough in to have a stake in the game, but that's all.