Replies to post #44428 on Copper King Mining Corporation fka CPRKQ

[pistol pete]

The Bum is Broke


Deep Blue Marine, Inc. (PINKSHEETS: DPBE) President and CEO Wilf Blum announced today that he is preparing to purchase shares in the open market for his corporate account and has committed personal funds to the continued operations of Deep Blue Marine, Inc.

Mr. Blum is quoted as saying, "The future of Deep Blue is very positive as the company moves forward with plans for 2010. I have made the decision to invest more of my personal funds into the company. As of today I have purchased 88,000,000 shares of the company out of the public markets and hope to be able to increase that position in the near future. I have also lent the company over $1,900,000 operationally; to date that is secured by a convertible note.

[pistol pete]

The farther Wilf Bum gets away from CPRK the better...

Very Interesting Post by AllyAustin


What seems odd about the pr and the "loan" he says he is giving DPBE, is that I found a financial statement for DPBE as of June 30, 2009. It shows the company lent Alexander Lindale (whose principle owner is WB) $1.726MM, plus loans to Jed Larsen and Glen Hoover. Lisa Larsen is Wilf's secretary so perhaps that's a link as well. I don't see any reconcilliation in which any of those loans were actually paid off.

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=25555