So what part of deep blue pos is blum going to chop off and sell next? Blum is meeting with Investors and PROMOTERS in london. What LEGITIMATE or even crooked banker is going to give a loan to a guy currently up on an sec complaint, who just got his office repo'd, whose truck was confiscated by the landlord, who had to sell the company boat, whose museum was closed , whose STOCK IS NEARLY MAXXED OUT etc.
1. On Nov. 10, 2011 , Wilf PR’d he would return shares to treasury. They have never been returned to treasury making the press release of November 19 patently FALSE. Again.
2. On February 15, 2012 , Wilf and Co were evicted from their Midvale office.
3. Blum surrendered a dpbe truck to the building landlord as compensation for accrued office space rent.
4. After doing a Reverse in 2008 the AS was 100 million. We now have an AS of 1,799,341,609.
5. Since April the OS has increased by 240 million, The float has ballooned by 408 million free trading shares.
6. Last time we were close to being maxed, Wilf both reversed shareholders, AND increased the authorized.
7. Keri Lynn boat sold, price given to a select few, in violation of Regulation FD.
8. Token CEO Randy Champion is billing DPBE for an exclusive contract through Darr Media. Darr Media is owned by Randy Champion although the relationship was not disclosed to shareholders.
9. Wilf says he just now realizes what he “can and can’t do” as far as raising money and running a publicly traded company.After illegally selling over 12 MILLION DOLLARS WORTH OF STOCK.
10. DPBE share price is in the triple 0’s.
11. Dpbe sells boat in order to pay off a few bills.
12. DPBE executive officer William Rawson states he isn’t an officer and if he was made one, Deep Blue Marine did it without his knowledge. It was press released he was made an executive officer in charge of operations. And was also named an executive officer on official SEC documents.
13. Founder Wilf Blum has had SEC complaints filed against him for both selling unregistered shares, AND acting as an unregistered broker/dealer, AND for releasing fake PR’s.
14. The legal amount of shares he was authorized to sell was $1 million, he sold in excess of $12 million. Wilf pocketed in excess of $3,000,000. Coincidently, that was close to the amount Wilf/Alexander Lindale "loaned" to DPBE.
15, Previous CEO Wilf Blum had to step down from his position.
16. Wilf Blum still runs DPBE.
17. OTC Markets has not been updated since September, 2011, and of course that site reflects an incorrect share structure which is misleading. Dpbe has access to update that information yet CHOOSES not to.
18. No appraisals of artifacts, not one. But we have lots of pictures.
19. Dpbe is DEBT laden. Has minimal cash, is selling assets to fund operations.
20. Wilf figured out another way to rob shareholders, via limited partnerships.
21.Dpbe attempted to secretly shut down Museum in the DR.
22. Now the company has no office.
23. No company phone.
24. No radio show.
25. No notice of this except on a blog
26.The company founder is currently out of the country. Where ? in canada? jerusalem? africa ? the dr?
Isn't this is a publicly traded company?
All in all, not a very glowing report for anyone to feel good about their investment in dpbe.
PS. Utah STILL isn't 2000 miles from the nearest ocean.
