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Thursday, February 07, 2013 10:28:17 PM
If you look back at my posts these last several months, I asked other shareholders to email our CEO, Herbert Leeming, to release a shareholder update PR as I was aggressively emailing him myself. I still felt as you do and others that we deserved a simple update since it has been, as Bobby said, about 19 months since the company released any public news. But Herbert simply would not bend and it was finally disclosed to me that the current investors did not want ANY release of news until all the dealings for financing and permits were 1000% completed. And, as we all know, HE who holds the money makes the rules...
So patiently, and mostly impatiently, we wait to get one blockbuster PR saying the funding is done AND the permit(s) is/are done. Bobby said it is close and I believe him. I also believe a multi-million funding package with permit in hand, world-class Titanic archeologist, financials brought up to date, and other 'positives' will have a very positive effect on our stock price. A long time coming...
One last comment but a VERY important one. This company has showed it is a legit company by NOT releasing fluffy PRs to pump the stock price and then sell shares into the run-up. They have not taken salaries and, contrary to what one poster keeps saying, there are multiple 'employees' who have done without any money for years, invested hundreds of thousands of their own money into this company. They have hung on for dear life while they struggled to secure a huge financing deal based on their technology, their incredible connections, and their CEO's knowledge of treasure recovery. So when the news is finally released, I suggest all of us who have been critical of Bobby and Herbert take a moment to give them their dues. They will have earned it...
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