Deep Blue Marine (DPBE)

[Gregory_]

Mike, thank you for your wisdom.

However, it is my understanding that generally the reasons companies rent depreciable equipment (e.g. a truck or a boat) is to allow a public company to look better on paper. So, that would make sense... except that DPBM doesn't report any losses or earnings. You have to write off depreciable assets as losses if I recall correctly. Therefore, companies rent to reduce their "on paper" losses. Therefore, it seems pointless to me outside of the tax advantages you mentioned... which I'm curious to know more about to ensure these are legitimately worthwhile.