Deep Blue Marine (DPBE)

[keda]

Wilf resigned his position as CEO but is still working for the company. He has stated that nothing is restricting him from coming back as CEO at this point, but will continue to let Randy hold that position.

I've posted numbers on the LP deal before. Basically, in order to get the $6million, the company would have to recover $8million. So the company keeps $2million, the LPs get $6million. But do not forget the LPs already gave the company $2million upfront. So the company nets $4million, the LPs net $4million. That's a 50/50 split with the LPs taking all the risk.

The LPs do not share in previous divisions. I believe they will share in divisions of artifacts recovered since Jan '11.

I would contact Randy or Wilf for answers to the rest of your questions.