Aquatic Cellulose Announces Harvesting Begins on the Brazil Project.VERNON, BC--(BUSINESS WIRE)--Nov. 16, 1999-- Aquatic Cellulose International Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AQCI)(NASD-PINK SHEETS) is pleased to announce the harvesting of its first log on the $500 million project in Brazil. Mr. Ackles stated today from Vernon, the ATH-60 "Odyssey" easily cut through the 3'6" diameter exotic hardwood tree in 15 seconds. "We recognize this is an important milestone for our shareholders and have updated the company's website with streaming video and still pictures of the event. We wish all of our investors to share in this moment." About the company Aquatic Cellulose International Corp. is a company created for the purpose of acquiring rights to harvest and recover 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. and salvage timber. A unique patented robotic system robotic system An integrated system of devices that automate production and manufacturing of goods and services Surgery An AI-based surgical assistant system, which processes sensory input from haptic interfaces and/or allows surgeons to act with more accuracy than created by Gary Ackles, and licensed to Aquatic Cellulose International Corp. for use in the forest industry, can reach down to the depths and retrieve this valuable lost resource. Aquatic Cellulose is proud of the fact that every tree that is recovered from the depths is one less tree that need to be recovered from the forest. It is interesting to note that there are 38,000 dams and waterways around the world that are potential recovery sites for our exclusive robotic recovery system. For more exciting information please visit our new website at aquaticcellulose.com and join our 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, unforseen 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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