DPBE Deep Blue Marine Inc (CE)

Deep Blue Marine Inc. (OTC: DPBE.PK) announced today that the company has entered an agreement with a local privately held firm in Salt Lake City, Utah, for the financing and sale of artifacts. The company is newly formed but the principals comprise several years of experience in the areas of private finance through bailments and also have dealt with several auction houses in America. The terms of the arms length contract were set up to provide Deep Blue with funding for the recovery, restoration, conservation, advertising and presentation of the artifacts to be offered to the public through auction to the highest bidder.

The company will provide an extensive data base of all for sale items which will ultimately be connected to Deep Blue’s web site. The partners of the company intend to provide funding of up to 50% of the estimated value of the price of the items to be sold, and terms of the agreement state that Deep Blue retains the ability to sell through other agencies and also to sell to its shareholders. The term of the contract is for one year but renewable each year for a period of five years.

Wilf Blum, President and CEO of Deep Blue Marine, Inc., stated: “We hope that this agreement will allow us to fund the company from the sales of common artifacts. We look at this as a stepping stone to total self funding of the company. No principals of Deep Blue are part of the company, either directly or indirectly, although principals of Deep Blue have ongoing business relationships with the principals of the new company.”

“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.

Deep Blue Marine (CE) (USOTC:DPBE)
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De Déc 2024 à Jan 2025

Deep Blue Marine (CE) (USOTC:DPBE)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025