Deep Blue Marine (DPBE)

[scambuster2]

Defunct Utah mining company to pay millions to SEC

By brooke adams
| The Salt Lake Tribune
First Published Jun 29 2012 07:35 pm • Last Updated Jun 29 2012 07:35 pm A U.S. District Court magistrate judge has ordered Copper King Mining Corp. and three men involved in promotion of its unregistered stock to pay $3.8 million to the Securities Exchange Commission.

Magistrate Judge Samuel Alba also ordered stock promoter Wilford R. Blum to pay an as yet-undetermined civil penalty. The defendants agreed to be permanently barred from participating in any future penny stock offerings or to engage in any other penny stock-related transactions and dealings.

How could anyone in their right mind read this settlement and decide that it's old news or that this won't impact future fundraising activities for Deep Blue? Blum is not to engage in any related activities!!