Deep Blue Marine (DPBE)

[PinkElephant]

My guess is that Wilf has put a lot of his own money into DPBM to make it happen. One way of doing that would be to set up the situation with the boats and lease them cheap/free to the company. That way the company doesn't have to spend the money and Wilf gets to protect a little of his investment.

I'm not saying this is what's going on, I have no real clue. However, I would think it would be pretty much illegal just to give the boats to a different entity, but IANAL.

However, I doubt the loan idea would work then if the other company owns them.