Wednesday, April 24, 2013 10:59:15 AM
Just a correction. "This is the only company in the world that has a deal with a government to recover treasure off their shores and then do a 50/50 split or "Division" as they call it"
No, they are not. Global Marine (GME)has TWO contracts with the DR government, more boats than DPBE, less shares outstanding (85 million versus almost 2 billion) and is also diving in the DR with a 50/50 split with the government. They have the old contract that DPBE gave up in Punta Cana plus they have their own contract for more shoreline on the south side. they are planning on going public this fall, which will be nice for them AND for DPBE, as then there will be two entities diving in the DR getting press. that could be a boost for DPBE, as more eyes get on the DR diving scene.
Plus, and i'm not sure about this one any more, but "maybe" Burt still has a section of shoreline with the DR government.
Just saying we are one of two, or maybe one of three. Not the only one in the world. FYI.
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