InvestorsHub Logo
Followers 173
Posts 4209
Boards Moderated 0
Alias Born 10/16/2006

Re: pacman042 post# 7977

Wednesday, 07/11/2012 7:39:31 PM

Wednesday, July 11, 2012 7:39:31 PM

Post# of 63186
The way I understand it. ORRV has no boat. It was taken from them for not paying. They have no equipment. It was taken by a diver for back wages and is gone. No tanks. No compressor. Oh, and no crew.

So - although they may have an idea of some ships and where they are, they can't just go get some artifacts and show them around and go from there. They have nothing.

WIth that said, this company doesn't even really EXIST any more. A treasure hunting company with no boat and no diving equipment?

But no one talks about that on this board. Instead, the ONLY thing that is talked about is the emeralds that SOMEONE ELSE found, that ORRV MAY or MAY NOT get some money from. I love the emerald story, don't get me wrong. But that is the ONLY thing this company HAS any more, and THAT is why it gets no traction even when the emeralds are talked about. PLus, once again, don't forget that we do NOT get 5.21% of the emeralds. We own 5.21% of JTR Inc, which "may" get some or all the emeralds, and then has its OWN expenses, including lawyer fees and back wages, and then may or may not give out cash to ITS investors (which include ORRV), or may keep the money for its own funding, and then ORRV would own stock in another company but STILl have NO boat, NO equipment, and NO money.

Too many long shot things have to happen here to make this stock worth investing more than just a LITLE BITTY BIT, in my opinion. ANd i own NONE right now. Waiting for more news, but think it is dead money for a while, and I hate to buy into a diving company that has no boat and no equipment. Has anyone heard anything different than the Deep Scan was taken and the tanks were taken and they have nothing? I'd sure like to hear otherwise ...