Just for the record Ed....
wrote msg# 16658 Date:4/7/2008 11:29:09 AM
MAXJDA, Once again. I am not the one that has taken investors money. So it doesn't matter if I'm diving in the DR or not. You should worry about who is using the money that was invested and how it is being used.
Yes Tracy B. made out like a bandit. He sold Wilf the Scipion, 20 years after he found it. He sold him the rights to 2 Spanish Ships that are in an Underwater Nature Preserve, which probably means that those wrecks can never be salvaged. Now if those wrecks can't be salvaged and someone took money for them. I would call that at the very least bad business practices for Tracy B. as well as the person that runs the Company and never looked into the fact that he could never salvage 2 wrecks, that he paid several hundred thousand dollars for. I might even call that criminal.
The only one that is sure to make money on this deal is Tracy Bowden. $300K for the salvage rights to 3 wrecks. 2 of which probably can't even be salvaged. $3K a day for the lease of Tracy's boat. Yes, Tracy made out very well.
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