Deep Blue Marine (DPBE)

[jrf30]

Nebula,

I don't mean to step into this debate, but I do want to interject one fact. Sorry

<<The operative words being "tell the story". Just another fairy tale by the gangs determined to see this company fail>>

On January 1 of this year, there were 500 million shares outstanding in DPBE. As of a few weeks ago, it was about 1.4 billion.

That means two things. FIrst, that Wilf has sold 900 million shares of the company stock into the public since January 1. That's a LOT of the volume and a LOT of shares. And the fact says he IS selling, and HAS been selling all year (Plus previous years, but I'm talkig this year)

Secondly, it means that after ALL that has happened to the company over the NUMEROUS years, with the reverse, the starts and stops, and all that, it had 500 million shares to equal 100% ownership of the company, and now that same 500 million shares owns about a THIRD of the comapny. About TWO THIRDS of the company (And anything we find) is owned by new owners that didn't even own it as of Janaury 1 of this year.

THAT is discouraging to those who have been here for all the talk of a lower float, talk (before the split) that 100 million was going to be about all that would exist, and talk over and over again (I've read it AND heard it on the conference calls. NOt a rumor) that the outstanding was about to DECREASE as we finally had a way ( numerous times) to earn some money and were going to buy back shares. Wilf HAS said more than once that the outstanding would go DOWN, but instead, it has gone up - DRAMATICALLY.

THink of that second part. If you take EVERYONE that owned shares on 1/1/10. ALL the outstanding shares that existed through the ENTIRE history of the comnpany. ALl the shares owned by employees, investors, PR rpomoters, everyone. That now represents about 1/3 of the ownership of the comapny. The other 2/3 is owned by newcomers who didn't go through ANY of the stuff we all went through before this. And given out at less than a penny a share, when many here bought shares at 20 - 25 cents per share (oh PRE split, so now $1 per share or more).

I'm rooting the company on. But, don't say just because someone says something negative that it MUST be a rumor or a fairy tale. The outstanding and float have both risen DRAMATICALLY this year. To ALL our detriment.

Just a fact.

Now time to start some revenue that will bring us back up to a few cents per share. Not the $1 party Wilf talked about (Which would have to be $5 now to be the same, since we did the reverse. And with the outstanding, that would give us a value higher than most stocks on the AMEX!) but a few cents would be nice to see. Maybe a nickel even?