Deep Blue Marine (DPBE)

[jrf30]

No word yet from WIlf on the funding?

It is sad what is happening to this company. If we ran the company right, we could be doing SO much better than we are. yes hindsight is 20/20, but MANY people have said since the begining that we needed to sell the artifacts. WILF said we would sell them and fund our future with them. then he said they would go in the museum instead,and THAT woulkd fund us. Then they were to be sold again, but they were used for loans. And so on and so on. Just ... sad. If we sold some of the artifacts when we did our earlier divisions, we could have used that money to keep us going for future finds, and future divisions. Instead, we sit, broke, and not diving. Neb - love your pictures ... but they are no longer the truth. We are NOT bringing up that kind of treasure. Because we are not diving. We haven't for MONTHS. And Wilf recently saying that it is not only because of the finances, but the WEATHER? What an excuse THAT is! Why is a different cpompany diving then in the DR, and the weather is not affected THEM? Yes, while we say we have no money and bad weather affecting us, a competitor that is ALSO working in the DR, and on a lease we USED to own, is bringing up all SORTS of good things. While we say we have not done the division yet with the government that we were "going to do shortly" MONTHS ago, they did TWO divisions in October. one for each lease area they are on. they got old silver coins, just like we did. No mayan artifacts for them, but those haven't helped us anyway! They bought a new boat, with a blower. We sold a boat to pay expenses, and are told we can't have blowers down there. They dove almost 2/3 of all days this summer. We dove zero days. they are going to hold an open house for their new international headquarters in Florida early next year. We were evicted (sorry blue, but it is true, even without having paper that shows it as proof. The company confirmed that they were behind on payments and left the building. they didn't use the work evicted, but it amounts to the same thing)

Wilf, waht will it take for you to finally see that you are not doing things like others who are SUCCESSFUL, and CHANGE your ways or LEAVE the company and let someone more competent run the show? Oh yea, you stepped down as CEO. LOLOL. Everyone knows you are still running the show, even without the title (or the liability of the decisions you make, since the CEO is legally responsible for the decisions of a company if they commit fraud. NICE of you!)

I just saw so much potential a few years ago, and now? now I see others DOING the work, and DPBE NOT doing the work. Stranding our FINE captain (Sorry ponder. I disagree with you on this one) without pay or food, not selling the artifacts that could FUND us for a few more months, not getting the division we were supposed to get so we could fund ourselves further, and not doing this in a professional manner.

Time to move on I guess to the ones WORKING and DIVING and DOING what DPBE originally was supposed to do. Sadly, DPBE is no longer the best play in treasure hunting, even WITH the artifacts and coins we have already found (Most of which I think were given away, collaterialized or in some other way disposed of without as much benefit to the company as they should have been.) Shoot, not even the best play in the DR! Wasted potential. And now we sit ans wait for one last chance to get in the water, where we probably will have to give the majority of any profits from items found to the new investors and so even if we Do find something of value (IF we get London funding) the company won't benefit from it. We have to give the government their split, then London their split from our split. then the LP partners their split. By time you take all the toxic funding that has been put in place into account, we have to find the motherlode or we will get close to NOTHING. The little finds we keep finding? If not for the toxic funding, they could help us fund for the future. instead, if we find 20 coins (I use that because I see that other comapny just got 20 silver coins fromone of their splits this October) we end up with ... maybe ONE? I don't know what London will get (again - IF we get that money and get bck in the water) but that is probably not far from the truth. If we find the motherlode, we would be fine, but little finds would be eaten up by the previous decisions. And leave us with nothing for fuel or food. Nope, I think we are too far down the road, too much in on book and off book liabilities, and sadly in a death spiral. Just my opinion, but one I Do say sadly.

Wilf, any way to stop this spiral??