Blue Water Ventures International Expanding Recovery Efforts
11 Junho 2013 - 8:41AM
Blue Water Ventures International, Inc. (the "Company") (OTC
trading symbol "BWVI") today announced that the Company will be
expanding its recovery efforts to include deeper underwater
targets, including merchant ships from WW1 and WW2. These
shipwrecks are in both US & International waters. Given the
higher costs associated with deep water salvage, each project will
require significant funding that the company will have to raise on
its own or with deep water joint venture partners. The company has
obtained several targets of interest, and intends to immediately
begin the requisite survey and archeological review to further
refine these targets of interest prior to raising the capital
needed to engage in these recovery operations.
Keith Webb, the Company's President stated "Creating a unit of
Blue Water that explores deeper underwater sites certainly has its
challenges but we are encouraged that our research and due
diligence will provide our team with the best opportunity for
financial success.
Blue Water Ventures International, Inc. is a historic shipwreck
research and recovery company that locates and recovers lost
underwater treasures dated from pre-colonial times to our recent
past.
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, the successful funding of our current operations, the
successful development and funding of deep water salvage operations
and the overall execution of our business plan, as well as many
other factors which may or may not be beyond our control. No
guarantee can be given that we will successfully conclude these
endeavors.
CONTACT: Blue Water Ventures International, Inc.
W. Keith Webb (904)215-7601
keith@bwvkw.com
Investor Relations
Blue Water Ventures (CE) (USOTC:BWVI)
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