Blue Water Ventures International Announces Acquisition of Multiple Shipwreck Targets
June 19 2013 - 9:00AM
Blue Water Ventures International, Inc. (the "Company") (OTC
Trading symbol "BWVI") announced today that it has acquired
location data on multiple potential shipwreck targets in
international waters off the coast of the United States. The data,
which BWVI has purchased from Cobalt Blue Exploration, LLC (CBE),
was collected during CBE's 30 years of commercial fishing
enterprise.
BWVI plans an initial assessment of four of the sites, with
preliminary dives and archaeological reviews launching in July
under Chief Archaeologist James Sinclair, MA.
BWVI President Keith Webb commented that the Cobalt Blue
Exploration research documents show modern and historic targets
which fall in line with the Company's Phase II business model to
conduct recovery operations in deep waters.
The intrinsic antique value of coins, bullion and other forms of
shipwreck treasure is never easy to determine. In the final
analysis, sunken treasure like all other antiques is only worth
what a collector is willing to pay for it. Professional
appraisals are usually based upon the previous record of sales
prices which comparative objects have realized. Widespread
publicity from documentary films, traveling exhibits, high-profile
magazine articles and professional publications always helps to
enhance the collector's value of any shipwreck
treasure. Welcome to the adventure! Follow the company's
progress on our website http://www.bwvint.com and also on our
social media outlets.
Matters discussed in this press release contain forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements are based on various assumptions
and involve substantial risks and uncertainties, including, without
limitation, those relating to successfully conclude the foregoing
negotiations, the funding of resulting operations and our ability
to do so profitably, as well as many other factors which may or may
not be beyond our control. No guarantee can be given that the
proposed actions, negotiations and capabilities herein can be
concluded successfully.
CONTACT: Blue Water Ventures International, Inc.
W. Keith Webb (904)215-7601
keith@bwvkw.com
Investor Relations
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