Deep Blue Marine (DPBE)

[jrf30]

Thanks Ed.

Well, the stock is at 2 cents by 3 cents. Wide spread for this stock, but I think it will tighten in a day or two.

Even at $0.03, that is buying at the same thing as $0.006 before the reverse split, so people are not paying too much for the stock.

I wonder when Wilf will start selling the newly available shares into the market. That is when we shall see the large trades posted right after the close, and when the stock will start a walk down the ladder. That is my biggest complaint about the RS. now Wilf can put extra selling pressure n the stock, lowering the price again. Look at it this way. A year ago there were only 100MM shares outstanding, and the stock was at $0.02. Today? Now there are only about 100MM shres outstanding, and the stock is at $0.02. Yet in the meantime, Wilf sold 80MM of those 100MM outstanding, as they were not outstanding a year ago. A year ago if you owned 10,000 shares, now you own 2,000 shares. The same outstading. The same pricve. B ut, your portion of the cut is 1/5 what it was.

ANd if he now starts to sell again, and raises the outstanding back up towards that 500MM? Just more damage.

Sad the way he diluted the company so badly. But hey. Now we have a ship that is worthy, and are in the DR. Right? HOw come then I hear how most of the shares sold were to buy the Cap't Tracy, and yet then I hear that DPBE doesn't OWn the Tracy?

Can someone explain that to me please?

We sold tons of shares, diluting all of us shareholders (I'm out currently. Just a disclosure) so that we could buy a better ship than the Deep Scam. So how is it that we don't own the tracy? PLesae give me some clue on that one. thanks.