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Sunday, 01/25/2009 1:14:21 PM

Sunday, January 25, 2009 1:14:21 PM

Post# of 41960
With the possible exception of TM, all of us are down on this stock. For a few, this has had devastating financial consequences and that is unfortunate. Obviously, statements made by WB have been overly optimistic, gross exaggerations and potentially intentionally manipulative. I have said it may times on this board; we all invested in an unproven, inexperienced, non-reporting, pink-sheet treasure salvage company. Really, what did ya'll expect? They either find gold or they don't. That is the only thing that will have any long-term effect the share price. No gold, lower price. Find gold, higher price. Wilf can say most anything, and it does not affect the direction of the stock (it may have a minimal short term effect). That said, I cannot agree with those who argue the company is just a scam and the diving is recreational. The company is working on a historically significant wreck in cooperation with a highly respected treasure hunter (Tracy Bowden) under careful government scrutiny. The wreck may or may not yield treasure -- nobody (I repeat, nobody) knows for sure. What we do know is that the company continues to dive, continues to recover historically significant artifacts, continues to improve its equipment, continues to gain experience and continues to do what it can to become a viable company. If this were a scam, Wilf would have been gone long ago. There is no point to making capital investments in a scam. It may be a bad investment, but it is not a scam.

On a side note, I have been amused at all the positive comments here regarding ORRV. It wasn't long ago that the same people were deriding the "Deep Scam" as another of Wilf's follies and telling us there was nothing at Women Key. Now, without any statements from the company, many here are convinced that they are onto something. One poster went so far as to suggest that the absence of Wilf and the presence of Ed K. spelled success for ORRV. Let's not forget, Wilf is a major investor in ORRV as a result of the share agreement. We don't really know what his role in ORRV is. And Ed...well where is Ed these days????