Message #19 From:
NewsBot Date: January 23, 2007 06:30:00 AM
DPBM News Deep Blue Marine Inc. Prepares for New Dive Season and Leases Additional Boat
KEYWEST, Fla.--(BUSINESS WIRE)--Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce that
the company is preparing for the upcoming treasure hunting season, and
equipment and boats are ready to go. Deep Blue has leased the “Lady
Laura,” a 40-ft. Novi hull rough water boat,
for the upcoming season. The company will concentrate a good portion of
their efforts on the “Woman Key”
site this year, but also has plans to send a boat and crew to the North
Carolina site in early summer. The company has entered negotiations for
the development of a permit in a third area.
Wilf Blum, President and CEO, said, “This
season appears to be very promising. With the addition of the “Lady
Laura” we now have 3 boats that we can dive
from and run surveys from allowing us to pay attention to the other
sites we have contracts with. We have spent a lot of time getting to
know the site and preparing to move forward with the exploration of
Woman Key and other sites we are negotiating on. At this time we can’t
say too much, but the future looks pretty exciting and the crew is ready
to dive. The hardest part of the job is the waiting on weather to clear
so we can get going again.”
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995
Statements in this press release relating to 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 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.
