Deep Blue, Inc. Announces Name Change and Reorganization
November 04 2013 - 6:00AM
Marketwired
Deep Blue, Inc. Announces Name Change and Reorganization
STATEN ISLAND, NY--(Marketwired - Nov 4, 2013) - Deep Blue, Inc.
(OTC Pink: DPBL) is pleased to announce the Company will change its
name to Bell Rose Capital and will be filing to become a reporting
company with the SEC.
The Company will also effect a reorganization and
recapitalization which will consist of a reverse split of 1 new
share for every 2,062 shares.
Deep Blue, Inc. President Frank Rizzo stated, "The opportunity
to deliver shareholder value through the real estate market has
never been greater than right now. We are seeking opportunities
that are value driven where we will be able to enhance cash flow
through rental appreciation and management efficiencies. Our
shareholders will be the direct beneficiary of these efforts."
Deep Blue, Inc., headquartered in New York, is a real estate
investment and development company focused on acquiring and
repositioning distressed and mismanaged real estate assets.
President Frank Rizzo is also the founder and broker of Cornerstone
Realty Partners, Inc., an NYS brokerage company where he serves as
a Director for the Staten Island Board of Realtors. For his work on
recent projects, Mr. Rizzo was featured in the NY Daily News, Best
Places to Live, and was recognized by earning the 20 under 40
Leadership Award on Staten Island in 2013.
Safe Harbor Statement - In addition to historical
information, this press release may contain statements that
constitute forward-looking statements within the meaning of the
Securities Act of 1933 and the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements contained in this press release include
the intent, belief, or expectations of the Company and members of
its management team with respect to the Company's future business
operations and the assumptions upon which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future
performance, and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Factors that could cause these
differences include, but are not limited to, failure to complete
anticipated sales under negotiations, lack of revenue growth,
client discontinuances, failure to realize improvements in
performance, efficiency and profitability, and adverse developments
with respect to litigation or increased litigation costs, the
operation or performance of the Company's business units or the
market price of its common stock. Additional factors that would
cause actual results to differ materially from those contemplated
within this press release can also be found on the Company's
website. The Company disclaims any responsibility to update any
forward-looking statements.
Contact: Frank Rizzo info@cornerstonerealtynyc.com Deep Blue,
Inc. 1765 Victory Blvd., Staten Island, NY 10314 Phone:
718-447-8100
Bell Rose Capital (PK) (USOTC:BELR)
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