TGD,
I can understand hope. I wish you the best, and hope that somehow this company finds something and the stock goes up one more time allowing people to make their investment back.
I'm not one to say you deserve to lose your money. I know how it is to back a company that is doing poorly. I also know how it is to back a company with a lying CEO. Twice in fact. And both times I lost my entire investment. Once was $1MM that i put into something for a large minority ownership, and I was duped anyway. So it happens to all of us. And that is what I am warning about. That this isn ot about finding treasure, but about a CEo who has broken rules and ignored SEC policy, and done things that have probably already terminally affected the future of this company.
Which is why I still post negative things. Because although I think the investors here are good and honest people (for the most part. Like all boards) I also think that hope is being affected by a crooked CEO. I truly think that even if they FIND some treasure, Wilf will find a way to NOT allow most of it to go to the stockholders or the company. Something like this (All the rest of this meail is speculation here. I admit it when it is not facts) will happen.
SOme will go to him and the crew for arrears, some will go to his other company from a contract we know nothing about sinc e they own the boat. (The boat that was supposedly bought with the money form all that dilution. he sold LITERALLY HUNDREDS OF MILLIONS of shares into the flaot, and said "But we now have our own boat" and then someone pointed out that the Tracy is NOT OWNED BY DPBE. He babbled something about it being in another (his) company name for lawsuit reasons, but that makes NO sense and to me is another mark of the scam. WHy people aren't up in ARMS over THAT I do not know! Folks, you should OWN the Tracy, since you BOUGHT it! Why do you NOT? (A question I would like a real answer to - not a hypothetical). ANyway, some might go there, some to him for other reasons, and a piddling amount ot the company. Oh, and on the news, he will sell over one hundred million more shares into the float, and crush any rally.
But most importantly? I feel that even if we fid BIG treasure that the SEC will come in some day soon and shut us down. Period. NO matter what we have or have not found. Because of the illegalities that have occurred on things like insider trading, illegal selling of restricted shares, selling shares within the restrictive window of a material news announcement, and the illegal voting at the illegal shareholders meeting. they just don't like it when a company does as it darn well pleses, without regard to their rules. They get picky that way.
So, I see DPBE going to zero no matter what. And I consider that a sad thing, as it DID have hope in my eyes a while back. It SHOULD be a high risk comapny where either we find treasure and do well or don't and do poor. Instead, it is one that will have its future focused on the lies of the CEO and illegal activities of the CEO instead of whether we find treasure or not.
SO, I hope that youare right, and wish you the best. But knowing what has happened to me on past issues with the same type of CEO, and knowing what has happened here with the CEo and things he has done (And I advised him to NOT do, publicly, here and on the blog) I think this turkey is cooked. Treasure or not.
AI
