Deep Blue Marine (DPBE)

[jrf30]

I believe the proposed incresae was from 500MM to 2B. He wanted to increase it from 500MM to 2B at the same time as the reverse. But he decided against it. So it "stayed" at 500MM.

Of course that is a 400% increase from the 500MM it was pre R/S thouhg. It should have gone back to 100MM< but his way of asking for 2B and then takig it off the table was probably his way of deceitfully getting it rasied from 100MM to 500MM without anyone taking notice. Since he was "good enough" to take 2B off the table. Surely you've seen that ploy before. Ask for something ridiculous and then back off and ask for what you wanted inthe first place.

I "think" it is 500MMM though, not 100MM. Maybe someone else knows for sure, but that is what i think it was. It was confusing, since the "proxy" chagned two or three times during the "voting" process. Yeah, I had to put voting in brackets, as it wsa not a legal vote, and the shareholders werwe never notified.