Deep Blue Marine Inc. Begins Level 7 Recovery of Artifacts.KEY WEST, Fla. -- Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce that the company divers have begun to search for identifying artifacts artifacts see specimen artifacts. on the new site. A level 7 permit allows for recovery of enough artifacts to make a positive identification of a vessel of unknown origin and identity. For those who are interested, the company can now announce this location. The recovery work is being started in the Florida Keys Florida Keys, chain of coral and limestone islands and reefs, c.150 mi (240 km) long, extending from Virginia Key, S of Miami Beach, to Key West, and forming the southern extremity of Florida. , about 15 miles west of Key West. The permit allows the company to remove artifacts that will assist researchers in providing an identification of the vessel. Wilf Blum, president and 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. , had this to say: "We are very excited about this and as the divers go into the area they will be using the best equipment available to locate items on the bottom. The area has given us several good sonar images and many detector hits that we can now turn into real finds and uncover the identity of this ship. Sonar taken from the deck of the Charity Eden has shown several large items and we dove some of those sites. As we prepare the area we will provide more information about the hits and what they are; right now we only can speculate as to what they are. We want to provide substantial proof of the items we are seeing on the sonar images. The wreck is located in 35 feet of water and covered with anywhere from 10 inches to several feet of sand and overburden o·ver·bur·den tr.v. o·ver·bur·dened, o·ver·bur·den·ing, o·ver·bur·dens 1. To burden with too much weight; overload. 2. To subject to an excessive burden or strain; overtax. n. 1. . But we are confident that we will bring up something of value in the near future." For more information on Deep Blue Marine Inc. (DPBM), go to www.alldeepblue.com or www.stockinformationsystems.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under 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 Statements in this press release relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements. |
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