Replies to post #16350 on Deep Blue Marine (DPBE)

[capted]

yardarm, I will agree with you that Wilf might have put out some PR's based on information that he was given and that his inexperience in this business didn't help.
The problem is that I know for a fact that with some of the PR's that he put out, he did have all the facts and the facts were different then the PR that he released. I'll give you one example. The CEO stated that the company found a football field size ballast pile at Woman Key. ( This never happened). The CEO was told that a hand full of ballast stones were found and that he would not be telling the truth if he released the PR that was written that a football field size of ballast stones was found.
The CEO released this info in a PR, knowing that it wasn't true.

Another example would be the first television interview that he gave in Salt Lake City in the Spring of 2006. He said, that he had found the El Salvador in Deep Water and that the wreck was worth $500 million dollars and that he was going to bring the wreck up intact.

First of all the only thing that was found where they claim the El Salvador is, is a piece of wood that was found in 20 feet of water. Personally, I don't call that deep, but that is just my opinion. Secondly, anyone in this business knows that a wooden wreck in warm water is not intact. I would call this an amateur mistake on his part, except that a lot of people invested money because they thought he found a valuable shipwreck, when in fact the only thing found was a piece of wood.

Now he could have put out that info based on info that was given to him by someone else. The problem I have is, that he should have verified that information before making that claim.