Deep Blue Marine (DPBE)

[mikepiazza]

It is going to salaries, rents, boat expenses (and boats aren't cheap to run or maintain, travel expenses and other stuff that at this time will stick out as being out of line because there is no revenue. Everyone should quit worrying about expenses and worry about income (revenue). You aren't going to make this company profitable by cutting expenses. You can only grow revenue into the expenses at this point. So I could care less about the financial statements nor do I care about stock swaps and reverse splits. I want to see and know what is being done to grow revenue, long term and short term.

We already know about the DR, although a solid multi-year business/marketing plan is not widely known. We should know much more about the deep site within a fairly short period of time assuming the weather lays down a bit within the next few days. Then it will be a matter of communicating how that site will be developed, if it is to be developed.

After that, expenses will increase again but we will then know that revenue will be forthcoming in a determinable amount of time.

So if everything goes great, the financial statements will look worse before they start to look better. Although I would expect the stock to move up once a proven treasure is established and announced to the public. This would be on the expectations of future earnings. If at the same time substantial revenue can be shown to be derived from the DR we have a good chance of seeing some additional positive price movement and volume increases.

Furthermore, the financial statements become meaningless if the stock swap takes place.