Leasing News received word from a bank owned leasing company in California

that Sean Wheeler had applied for a “corporate only” lease. They requested

an up-date from Dun & Bradstreet. 

 

     On July 8, 2002, Sean Wheeler, who gave a Title of Owner, reported that Deep Blue Sea Marine operates as A Sole Proprietorship under his name that started in 1998.  Operations were reported as wholesaling Marine Pet Supplies with 34 employees.  A current business address of 2037 W. Bullard #514, Fresno, CA was provided where the company reported that it leases 9,200 sq. feet of space.   A business phone listing of (559) 259-8068 was reported.  No Branch locations were reported.  A financial statement dated Dec. 31, 2001 was submitted showing equity of a low six figures and sales of a low seven figures. 

 

     An investigation with outside sources on July 8, 2002 revealed that the captioned address is a mail drop facility utilized for mailing purposes only.  A current physical address, if any, for the company is undetermined.  A check of records as of July 8, 2002 with directory assistance found no record of a business phone listing for the company in the area.  It is noted that the phone number provided by the company is a cellular listing.

 

     A check on July 8, 2002 with the California State Board of Equalization found  no record of a State Tax Permit issued to the company under Sean Wheeler as the owner.  Record of an Active Permit under the name Deep Blue Sea Marine was found in Fresno, CA;  however, the permit was indicated to be under a different principal’s name.  Further details could not be obtained concerning the permit.  Also on July 8, 2002, a check with the Fresno, CA Business Licensing Dept. found no record of a required license on file under the name of the company or principal at the captioned address.

 

     The original Business Report for the Company was created by D & B on Nov. 7, 2001 at the request of the Company.  It is noted that since it’s inception there has been approximately 16 inquiries on the Company’s file.   This advises D & B that the report is receiving a high end amount of customer activity.  Due to the above discrepancies, a reference start date of 2001 will be utilized and credit and financial details withheld.  For additional details, see “History”.