Deep Blue Marine (DPBE)

[DJ Ponder]

We will continue to hear the never ending PR’s which never come to be. Ad nauseum.

Like the often repeated "By way of announcement, Deep Blue Marine, Inc. has made application through the transfer agent to return 166,666,666 shares to the treasury making a total of 333,333,332 shares returned to the treasury.” Key words, “HAS MADE APPLICATION”. But they just couldn't get around to actually returning those shares. Plus it's just been 117 days now. Fortunately we have historical data to determine that Blum’s scams are all merely replays of old scams, once again perpetrated on the shareholders.

The shares are almost maxed out. In the past 6 months the OS has been increased by approx. 240,000,000 shares. In the last year the float has been increased by a whopping 408,000,000 shares. Some don’t concern themselves about an increase in the AS. I say when you get within 10% of the max, you better start showing some concern.

Last time the AS got close to being maxed, Wilf pulled his old double whammy out of the hat and voila, we had us a reverse split and an increase in authorized. Think it can’t happen again?

We can rest assured that someone will be determining a price for the boat that was sold. Although that number has already been disclosed to a few select shareholders. Wonder what regulation FD says about that issue of selective disclosure? http://www.sec.gov/answers/regfd.htm

In order to see who is owed and who isn’t, guess we’d have to personally call each person to know for sure. Once again following the historical data I doubt everyone has been paid, and I certainly don’t believe it just because Wilf says it.

No guessing games about the money the company made to stay in business. Take a look at item #2 regarding the increased float. Pretty much says it all.

Randy Champion is being paid through Darr Media. Never saw a single disclosure regarding that issue and if I hadn’t accidentally discovered it, no one would be the wiser. Not even the oh so smart shareholder traders. Speaking of which,those geniuses say they are making money on dpbe. They may get a couple hundred here and there if they are lucky. But lets face the facts, those only serve to partially offset their HUGE LOSSES from believing the deep blue fairy tale. In the meantime their pathetic phony hero steals the public blind.
That's brilliant. Just brilliant rationalization.

It would be correct to claim Wilf owned the building in Midvale but sold it and rented it back from the new landlord, and then was booted out for a history of non payment, because that is THE TRUTH. Only when the SEC stepped in and discovered his improper selling of stock as an unregistered broker/dealer and releasing fraudulent pr’s, well that pretty much put an early end to his “money raising” efforts.

Lastly but certainly not least, how much good have the previous divisions done for shareholder value? Last time I looked we were 3 tics from bottom at .0004. There may be treasure that equals money in someone’s pocket, but it’s not the shareholder’s pocket. And we all know it.