Deep Blue Marine (DPBE)

[DJ Ponder]

Historically speaking January should be a good time to make money ...just not on dpbe.

Some people do know how to trade...Notice they aren't here trading this dog? No volume again today.

Not a bad company? I would call it a dismal failure of a company and that would be generous. It has a 1.8B OS, a 1.3B float, 8 increases to the float in the last 7 months, A/S almost maxed, the shares that were publicly announced as already being returned to treasury, HAVEN'T BEEN. The share price was down 70+% for 2011. The founder and a company officer, wilf blum, is under SEC investigation for selling unregistered shares that were 11 million over the legal limit allowed to be raised. Blum's alexander lindale is the only one DPBE is paying on long term liabilities.

The officers do not answer questions or should I say answer questions selectively, each question met with more sarcasm than the one prior. .0007 pps etc. etc.
Need more?
Got plenty more.

Has any real due diligence been done on DPBE, not including cutting and pasting Ibox data which certainly does not constitute real complete dd, imo. If that's the extent of dd done then I will agree with the comment made here that some people don't have a clue how to trade.