Deep Blue Marine (DPBE)

[jrf30]

Wave,

As most know, I am not a solid bull on this company. However, I am a bull AND a bear on the STOCK of this company. At different times. I play it in and out. And I've fortunately done well on "most" trades ... so far. I don't day trade it, but I trade it for short periods, depending on news and things happening.

So, why did I buy early this week and late last week? (At a profit so far, by the way)

Because of the gold buying. And what it will do in the next few weeks and months. And the return to the site with the blower. Let me explain my reasoning in more depth.

The gold buys are bringing in money to the company. For the FIRST time EVER. Steady, decent income. And that means a few things. First, it means no more dilution for now. Hey, we went from 100MM shares to 500MM shares in 18 months or so. That CRUSHED us. Right? Of course it did. Then, we did the reverse. And people said "Oh, that doesn't dilute us ANY." Wrong. It diluted us again because it allowed more shares to be sold again. We went from 500MM to 100MM again on the reverse, but we are back up to 380MM shares or so now. That means that EVEN AT THE TIME OF THE REVERSE, if you take ALL the shareholders at that time, which represented 100% of the company, they now own only about 26% of the company. WOW. Can you fathom that? That is BIG dilution. ALL of us talkig about what we had are now only 26%. SEE why we dumped to below a penny - AFTER the reverse? So many shars being SOLD, increasing the selling pressure. Selling shares was BAD (and always is) for the price. With t he gold buying, we will have money for payroll, and that means no more need for now for dilution. That is a wonderful thing. That alone should signal the bottom for the stock. Or at least enough of a bottom that it is worth my buying in. But, it gets better (Just like the ginzo knife commercial!) And it reallY DOES.

Not only are we getting some income, so we will stop diluting (For now. remember, I"m only talking short term. We don't KNOW what the future holds. Even Wilf doesn't. It depends on too many factors that are unknown right now.) but the extra is that we are going to take some of the income from buying gold and BUY shares. That is MAJOR news IMHO. The buying should start in about 14 days, give or take. We have to hold the items for 30 days, and then we'll work on selling them or melting them. When that happens, and that should be in another 2 weeks or so, then we see some buying. It is something Wilf has promised for the EMPLOYEES, so I think it WILL happen. He will buy shares to put into an employee plan. And that means buying pressure. Pressure to the upside. Once again - I'm talking short term and REASONS. I think this is a REASON for it to go up in the short term.

I see maybe $20,000 in buys happening the first week. And that is 10MM shares at $0.002. As it is, the buying and selling is about even, so the stock is staying somewhat level. Add an increase of 10MM In buying pressure, and it should go UP. SOME NOt a lot, but buying pressure is buying presure, and good. And the next week? ANOTHER 10MM might be bought. And so on and so forth.

At some point, it won't mean as much to the stock. But for now? At these low prices, buying $20,000 of stock is a LOT of shares. It won't lower the outstanding shares, as those shares will be bought in some employee fund, not by the treasury, but it will lower the true float, as they are taken off the market and put away.

So I'm saying that I see the gold buying as money finally coming into the company AND a special increase in deamand for the stock at the same time. So it is time for ME to think "buy". That is all my OPINION, and I'm not recomending ANYONE other than myself buy shares. It is still a high risk stock, and I don't know anyone else's financial situation, so I can't say all people should buy it. But your question was why am "I" buying it, and those are the reasons "I" am doing so.

I think short term the stock should lift. So I'm buying HOPING for a gain, and knowing it is high risk so I won't buy a large amount of shares in $$ amounts. And I also think that the fact that we are brinigng in part of the proceeds as gold into the company vault makes our balance sheet look better (It is dismal right now, so "better" is a relative term) and that could help the stock even intermediate term. If the company is doing better, the stock should do better. But for me, it is not so much that the comapny is doing so much better as the stock will have pressure to the upside, and the stock will have LACK of pressure in new sales and dilution for the downside.

I hope that makes sense, and answers your question. For ME, I am buying based on the gold buys. SOmething Wilf has said to NOT buy on, but that's okay. It's only for MY portfolio, and not a recomendation for anyone else anyway. Others may think the same and buy, or think differently and not buy. I'm not involved either way. I did some buying though.

Enough. I've babbled long enough on it. Let me know if you have thoughts on my opinions. Oh - and one other thing. We are going back on site, with a blower, and I think positive news will follow, which will also short term be positive for buying pressure for the stock. So I"m in. Again. For now. Short term. As of this past week. My reasoning and answer.