Deep Blue Marine Inc. Completes 2nd Level Survey on Atlantic Ocean Site.KEY WEST, Fla. -- Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce that the divers, sonar, metal detector and mag operators have completed a more in-depth survey of a site in the Atlantic Ocean Atlantic Ocean [Lat.,=of Atlas], second largest ocean (c.31,800,000 sq mi/82,362,000 sq km; c.36,000,000 sq mi/93,240,000 sq km with marginal seas). Physical Geography Extent and Seas and have found several more hits of nonferrous metals. The total number of hits in an area the size of approximately three football fields is in excess of 200. 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. , said, "These hits are strong, and in the field report, the only concern is that the area has several convergent currents and rip tides rip tide n. See rip current. that run through it. Another concern is that we have not been able to identify if the hits are copper, bronze, gold or silver. The hits are located in an area where we have applied for a permit and as soon as that is released to us we hope to recover enough material to determine what it is we are on top of. A map of the hits will be posted to the Web site as a matter of interest only, and as always there are no location factors indicated on the map. The color marks on the map legends are as follows: black is considered to be gold, red is ferrous ferrous (fĕr`əs), iron in the +2 valence state. Containing or having to do with iron. The difference between ferrous and ferric is the number of valence electrons they contain (ferrous contains two and ferric contains three), which and green is nonferrous. Each determination was made using equipment to identify the individual metals recorded, and each and every mark indicates a hit, but we only recorded the strongest signals and there are many left unrecorded. We believe there is value here and we are anxious to get this permit in hand and this recovery under way, but all things are to be done as time and cash allows." 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. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion