Aquatic Cellulose Announces Exclusive Auction Event on eBay for Aquatic Mahogany and "Amazon ATH Adventure".Business Editors VERNON, B.C.--(BUSINESS WIRE)--Dec. 22, 2000 In an effort to promote the company's successful U.S. market debut last quarter, Aquatic Cellulose (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AQCI), a leader in the emerging aquatic timber harvesting industry, announced today an exclusive Internet auction event on eBay called "Amazon ATH Adventure." Beginning today and continuing through January 1st, 2001, the public will have the opportunity to bid on select orders of Aquatic Mahogany harvested at Tucurui Lake, site of the company's Brazilian operation. As part of the online promotion, each winning bid will receive an all expense paid, one week vacation to Brazil where they will experience life in the Amazon interior and "join the Aquatic crew" as they extract inundated in·un·date tr.v. in·un·dat·ed, in·un·dat·ing, in·un·dates 1. To cover with water, especially floodwaters. 2. trees utilizing the company's advanced robotic ATH technology. "We are pleased to offer our ecological hardwoods to the general public for the first time through this exciting Internet promotional event," stated Gary Ackles, Aquatic CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . He added, "The auction winner(s) will receive not only the finest quality Mahogany, but will also enjoy the experience of a lifetime as a member of our Aquatic crew. In fact, they will have the opportunity to witness their timbers being extracted from Tucurui Lake and subsequently milled while vacationing in Brazil. Included in the travel package is roundtrip airfare, full accommodations and an unforgettable Amazon adventure Amazon Adventure is a 1949 children's novel by the Canadian-born American author Willard Price featuring his "Adventure" series characters, Hal and Roger Hunt. It depicts an expedition to the Amazon River to capture animals for their father's wildlife collection business. aboard our ATH (Aquatic Timber Harvester harvester, farm machine that mechanically harvests a crop. Small-grain harvesting has been mechanized to a certain extent since early times. In the modern period the first harvester to gain general acceptance was made by Cyrus McCormick in 1831 (see reaper). ). We are indeed looking forward to our "Amazon ATH Adventure" promotion on eBay and hope to be hosting excited wood buyers in the early part of the next year. Details of the eBay auction are being provided on the company's website, www.AquaticCellulose.com later today. Anyone interested in bidding must do so before 10:09AM PST PST Paroxysmal supraventricular tachycardia, see there , January 1st, 2001, by visiting www.eBay.com. Simply type "Amazon ATH Adventure" or "Mahogany lumber" in the search function provided on the eBay home page. On Tuesday, January 2nd, 2001, Aquatic will announce the winning bid(s) via company press release, provided the minimum bid requirement has been met. About the Company Aquatic Cellulose International Corp. (AQCI) is a growth stage, technology based company retrieving what was once considered a lost natural resource. That resource is aquatic timber. Gary Ackles, CEO of AQCI, has patented a revolutionary robotic harvesting technology, granting exclusive rights to AQCI for use in the forest industry. With this technology, AQCI is pioneering the worlds first robotic Aquatic Timber Harvester (ATH). The ATH performs a series of underwater cutting and retrieving tasks once only performed by teams of divers. By eliminating divers, the ATH dramatically increases both output and efficiency, enabling commercial operations of equal scale to land based logging companies. This technological breakthrough is effectively transforming aquatic timber harvesting into a multibillion dollar global industry. In November, 1999, AQCI began it's first commercial operation at Tucurui Lake in Northern Brazil. Covering over 450,000 acres of inundated Amazon rain forest, the estimated time for completion of this multiphase Mul´ti`phase a. 1. (Elec.) Having many phases; Adj. 1. multiphase - of an electrical system that uses or generates two or more alternating voltages of the same frequency but differing in phase angle project is twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. . In addition to this project, AQCI has plans to further expand it's reach into Brazil, as well as to develop other projects world-wide. From its Tucurui Lake harvesting project, AQCI has introduced a unique product line of "water cured" tropical hardwoods called Amazon Line. Uncompromisingly beautiful, durable and above all ecological, Amazon Line is being marketed in the U.S. as a leading environmental timber alternative. AQCI has secured the Internet domain name An organization's unique name on the Internet. The chosen name combined with a top level domain (TLD), such as .com or .org, also called a "domain extension," makes up the Internet domain name. For example, computerlanguage.com is the domain name for the publisher of this Encyclopedia. www.AmazonLine.com with plans to launch the website for e commerce later this fall. Counting over 40,000 dams world-wide, not to mention endless lakes, rivers and tributaries, there are seemingly unlimited global opportunities for expanding AQCI's operations. To learn more about this fascinating company, please visit AQCI's website: www.AquaticCellulose.com and join the company's growing e-mail list. This press release contains statements that constitute forward statements, as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that may cause or contribute to such differences include, among other things, the Company's dependence on one customer, seasonality of the Company's retrieval business and risk of future losses from operations. Other risks and uncertainties include changes in business conditions and the economy in general, changes in governmental regulations, unforeseen litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. and other risk factors identified. The Company undertakes no obligation to update these forward-looking statements for revisions or changes after the date of this press release. The NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). has neither approved nor disapproved of the information contained herein. |
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