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Re: pistol pete post# 14845

Friday, 02/08/2008 10:43:28 PM

Friday, February 08, 2008 10:43:28 PM

Post# of 41960
Pistol Pete...I will try to answer your questions the best I can...

1) Reality Series still a possibility. Would fund about 200K-400K an episode with 10 episodes. Problem is the company would get nothing until all of the film was shot on location. At least 4-6 months from the time it is contracted.

2) Executive Scapes...Executives pay $1,000 for 4 days to dive our site with our crew. All findings are the companies. According to Wilf this has already filled up enough to pay for DPBM for the entire 2008 year. Not sure when payment is made or when the executive's start diving. Also have a hard time believing that they could get 80 divers per month X 4 days. I just don't see the accomodations to support that number and currently DPBM is spending about 80K/month for payroll/expenses...

3) Revenue already recovered needs to be split first of all. Secondly it needs to be cleaned for 3 months to 10 years depending on how clean/bad it is. Canon's obviously take longer than candlesticks. Once cleaned a market would need to be created. No telling on how long that would/will take. So I don't see revenue in this regard for at least 6 months.

In other words if they find valuables per my other post then all things are good. If they don't...I can't see revenue coming in for at least 6 months at a minimum...

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