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Non-Tech : Deep Blue Marine
DPBE 0.000010000.0%Mar 7 3:00 PM EST

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To: MAXJDA who wrote (177)4/12/2008 8:45:59 PM
From: Joe Black  Read Replies (1) of 210
 
Maxjda, I can somewhat understand his going on information that someone else provided. What I can not understand is why he did not verify that information before he released a PR, stating that it was true. Especially when he used that information to inflate the price of his stock. I am sure that I am not the only one that purchased more stock based on a fraudulent press release.

The CEO is running the company. I have heard him state many times that he makes all the decisions. Apparently his decision making process needs work. Actually, I would call what he did fraud. He used false information to take investors money for stock. The CEO has a fiduciary responsibility to the investors to deal in facts that have been confirmed.

Please do not make excuses for him.
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