Deep Blue Marine (DPBE)

[jrf30]

It's not a speech CAPT. It's a lesson in capital financing.

If a company sells shares, the outstanding and flaot go up. If only the float goes up, then it is an individual that is selling shares, and the money goes to that individual, not the comapny. therefore, the money can not be used by the conmpany to buy the boat.

If you say that WILF is individually selling HIS shres, then that money woudl still go to ... Wilf. And if he let the comapny borrow it to buy the boat, then it is no different than if they borrowed it from a bank. It woudl be borrowed money. But, the company is not selling hsares to pay for the boat. they COULD, IF they had any to sell. But, they have sold all they had, and there are no more (At this time) available for them to sell.

Yet, you have said about 6 times inthe past 10 days that they comapny is selling shares and that is why the sotck is going down. that the comapny sold at the close the other day. that the company sold in AH the day after that. that the comapny was probably on the ask today with a large order.

the company has no shares to sell. Can you not admit that? Do you not understand corporate finance? No, I tke it you don't YOu are a CAPT. Well CAPT, if I were talking about how to unencrust an "oreo" to get to the coin below and kept saying the same thing over and over again, adn you knew it to be wrong, wouldn't you tell me that I was wrong? rality is that you would probbly be RIGHT. I don't know about recovery from teh sea. Or being a CAPT. But, I know financing. I spent a lot of years on Wall Street, and that is my background. And I know that it is IMPOSSIBLE that the company is selling shares to finance their purchase. So, I'll lean on your understanding of the sea, but you need ot be lesss arrogant and realize that others may know more than you do about FINANCE.

Your statment is wrong, and you continue to make it. I have given you the reality and facts that show WHY it is wrong. That the comapny can't be selling shares. Can you learn, or are you too full of your own thoughts to entertain the idea that anyone else's knowledge can be greater than yours?