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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 (179)4/12/2008 9:41:02 PM
From: Joe Black  Read Replies (1) of 210
 
MAJDA, I have a question for you. If you averaged down to 2.5 cents a share. How can you be in the green? The stock is trading at 3 cents a share. If you bought this stock over a year ago, you had to buy in around 4 cents a share and then averaged down. The company just had a reverse split. So for every five shares you owned. You now own 1 share. Mathematically I don't see how it would be possible to be in the green, however I won't argue the point.

I agree that in the next two months DPBE will have to produce treasure to prove itself. By Treasure I am talking about many tens of millions of dollars worth of gold and silver. Artifacts are not going to keep this company afloat AND make the stock appreciate.

Last fall the company said that it would be self sufficient because it had millions of dollars worth of artifacts to sell to pay all the bills. The year before that DPBM said, it wouldn't have to sell any more stock to support its operations in 2007, because of all the side salvage jobs it had with Cross Marine. That didn't turn out to be true in 2007. It apparently isn't true in 2008 either or DPBM would not have had a reverse split of the stock.

I would like to see the company be more truthful. Then maybe I could believe in the statements that are released by the CEO.
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