Deep Blue Marine (DPBE)

[jrf30]

I'd like to clarify another error that is on the board. Just for information sake.

CAPT, you wrote <<May 8th float was 150,801,187 tightly held :)
Nov 28th float was 320,094,143 really tight now:)

That = deepblue has sold on average 1,085,211 shares per day every>>

Actually, that doesn't mean DPBm sold ANY shares. IN reality, they HAVE, but those numbers don't give you the real number. Here's why.

If someone registered restricted shares, or if any restircted shares come off restriction, they are then added to the float. Does that mean they sold them? nope. Just that they are no longer restricted.

So, seeing the float increase does NOT mean that those shares were sold. A gain - I agree with you that shares HAVE been sold. But, you taking those two numbers and making an assumptiont ath you know the total of shares sold is not right. It may be close, or it may be way off. YOu don't know. Those numbers do not tell you how many were sold.

By the way, I am in the middle of a registration of MY shraes for a public company (Not DPBM) When the S-1 is effective, the float shall increase by the number of my shares (and a few other people). But, I am not selling ANY of those shares at this time. C ould I? After the effective date, yes i could. WIll the float show those shares as now avaialable? Yes it will. the float shall rise.

But 1) the ocmpany will have sold NO shares to make the float rise. and 2) I too will have sold no shares, even though the float will rise by my shres.

ONly because my shares go from restricted to unrestricted.

SO, if certain shares werew released from restiction, then the float goes up. Whether those shares are sold or not is irrelevent.

(This post is to explain the mistake of thinking that the two numbers can give an indication of how many shares have been sold for ANY company. Not to say that in "this" specific case that shares have not been sold. Just that the assumptions made on these two numbers are made in error of the facts.)