SALT LAKE CITY, Aug. 4, 2011 /PRNewswire/ -- Deep Blue Marine
Inc., OTC: (DPBE .PK), is pleased to announce that all boats and
crew have returned to the safety of Samana harbor in the
Dominican Republic as Tropical
Storm Emily bears down on the island of Hispaniola. The boats will
remain harbored in Samana until the weather clears and safe diving
conditions are restored. At the time of this writing, Emily
has sustained winds of 50 mph with gusts to 65 mph and is heading
WNW at 13 mph. The latest satellite data shows that Emily has
shifted to the west; however, according to the National Hurricane
Center, it is anticipated that 4-6 inches of rain should be
expected with isolated areas receiving up to 10 inches.
At this time it is not anticipated that Emily will strengthen to
hurricane status before making landfall on Hispaniola, but it is
still a very dangerous storm and all precautions will be taken to
ensure the safety of the boats and crew. This is the largest storm
to affect the diving area since Hurricane Earl came within 200
miles of the north coast last summer. The crew is happy to be safe
and back in port after a very lengthy dive tour which produced some
of the most significant coins discovered to date in the New World.
The coinages of the Americas began with the Mexico mint. The mint itself was located in
the original Mexico City, which
Hernando Cortes had built directly
on top of the ruins of the former Aztec city of Tenochtitlan in
1523. The Mexico mint was one of
the great mints of Spanish colonial America and the first in the
Western Hemisphere. From its initiation in 1536 until the last
pieces were produced in 1734, it was a major source of nearly one
half of the world's silver supply and much of its gold. This latest
tour of duty by Deep Blue Marine in the contracted area has been
very successful with the recovery of numerous artifacts including a
number of 16th century silver coins to add to the hundreds of coins
already recovered. Of particular interest are the three 3 reale
coins recovered on the Preciosa site. These particular coins were
produced following an edict from Queen
Joanna of Spain beginning
early 1536, but were discontinued late in 1537 when the 4 Reale
coin began production (1).
These coins are very rare and, interestingly enough, were all
found together. Deep Blue Marine wishes to commend Capt.
Billy Rawson and Archaeologist
Alejandro Selmi and the rest of the crew for their devotion and
hard work under pretty tough diving conditions. Once the storm has
passed and conditions improve, the crew will return to the area to
resume recovery.
Deep Blue Marine 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.
(1) "Cobs, Pieces of Eight and Treasure
Coins" by Sewall Menzel pg.
39
Parties interested in learning more about Deep Blue Marine, Inc.
may visit the company web site at www.alldeepblue.com or we can
also be found on YouTube under AllDeepBlueMarine or
http://www.youtube.com/user/AllDeepBlueMarine?blend=9&ob=5 and
also on Facebook under DeepBlueMarineInc. or
http://www.facebook.com/DeepBlueMarineInc
"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.
Source: Deep Blue Marine, Inc. 801-631-9104
SOURCE Deep Blue Marine, Inc.
