SALT LAKE CITY, Nov. 10, 2011 /PRNewswire/ -- Deep Blue Marine,
Inc., OTC: (DPBE .PK), is pleased to announce that the diving crew
led by Captain Billy Rawson and
Archaeologist Alejandro Selmi are continuing to recover coins from
the Preciosa site in the area referred to as Rawson's Wreck. The
coins are the same Mexico City
mint coins that have been recovered from the location over the past
year. The divers have recovered twenty one coins so far this trip
and after a short break due to high waves in the area it is
anticipated that the divers will be back in the water as early as
today, weather permitting.
The shipwreck has yet to be officially identified and these
coins are some of hundreds recovered so far. The care obviously
taken in the minting of these coins is most impressive, especially
taking into consideration that this particular mint in Mexico City was established in 1536 - only 44
years after Columbus discovered the New World. Hammered sheets of
silver were used from which the coin blanks were cut. The coins
were then hand struck by placing the blanks between the dies and
striking it with a hammer. This procedure produced, round, fully
struck examples however the "Carlos and Johanna" coinage of
1536-1555 is complicated and difficult to disentangle as records
are sparse and the coins are not dated. To view the coins recovered
go to the website www.alldeepblue.com and peruse the artifacts in
the Photos section.
Deep Blue Marine again wishes to thank the officers and
directors of the Dominican Republic Ministry of Culture for the
assistance they have rendered to the company as we have gone
forward with this amazing project on the North Shore. Without
the continued support of Pedro Borrel, Wilfredo Feliz, Francis
Soto and the professional staff at the Ministry, these
priceless artifacts and historical pieces would be lost forever.
We wish to thank the staff for the incredible job they do in
preservation and conservation of the history of the Americas.
By way of announcement, Deep Blue Marine, Inc. has made
application through the transfer agent to return 166,666,666 shares
to the treasury making a total of 333,333,332 shares returned to
the treasury.
Parties interested in learning more about Deep Blue Marine, Inc.
may visit the company web site at www.alldeepblue.com
"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."
"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, Inc. 801-631-9104
SOURCE Deep Blue Marine, Inc.