Deep Blue Marine, Inc. Signs Addendum
February 15 2011 - 8:30AM
Business Wire
Deep Blue Marine, Inc. (OTC: DPBE.PK) is pleased to announce
that the company has signed and received the copies of the addendum
to their contract for the North Shore area.
As a result of this major contract, the company has stopped
pursuing any work in all other areas and has stopped negotiating on
recovery work in the Middle East.
Wilf Blum, President and CEO, stated: “This addendum now allows
us to go into full recovery of the wreck sites included within the
addendum and we will concentrate 100% of our resources towards this
effort. These areas will remain proprietary to the company and no
site locations will be available to the public. The sites included
in this document have already produced evidence of recoverable
material and the company is very excited about the new dive and
recovery season which is rapidly approaching.”
“As always investing in this type of venture is very risky
and no one should invest in this type of venture if they cannot
safely tolerate that risk.”
For more information on Deep Blue Marine, Inc. (DPBE), go to
www.alldeepblue.com.
"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.
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