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Monday, August 12, 2013 1:30:16 PM
As someone who has followed this company for years, I'm happy they are bringing up treasure. It's exciting to see what is coming up and I appreicate the historical significance.
However, as someone who has also been a shareholder for many years, I also have to admit I have serious questions as to whether or not the value of any of these recoveries will acrue to me. While there is a lot of childish mudslinging here, plenty of that mud is left sticking to the walls.
Everyone knows the DR get's 50% of the value of any division. But nobody outside of the company has any idea what DPBE keeps of the other 50%, and how much is contractually obligated to other entities (limited partnerships, Three Reales, source(s) of the "partial funding").
Being that not much has been disclosed about, well, pretty much everything, it's entirely possible that the TV show will actually be more lucrative for the company than anything recovered. As an "actual shareholder", I care most about the company making money, and I HOPE these recoveries will directly influence that. I don't need to hold shares to appreciate the recovery of treasure.
Best Regards,
keda
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