JACKSONVILLE, Fla., Oct. 21, 2014 (GLOBE NEWSWIRE) -- Blue Water Ventures International, Inc. (the "Company" or BWVI) (OTC:BWVI) announced today that it has signed a Business Services Agreement with the Soellingen Advisory Group, Inc. ("Soellingen") (OTC:SLLV)
As part of its long term growth strategy BWVI has developed research for multiple projects and has begun taking steps to actively stage its survey and recovery efforts for the upcoming 2015 season.
Under the terms of its agreement, Soellingen will assist the Company with further search and recovery project development and with the Company's efforts to procure financing to fund all or a portion of its 2015 operating budget. Soellingen joins others who have contracted with the Company to assist the Company with its ongoing project development and financing needs.
Additional information regarding Soellingen can be found on its website at Soellingen.com.
Interested parties are encouraged to join the BWVI Mailing List to stay up to date on the latest company developments which can be found at this link:
About Blue Water Ventures International, Inc
BWVI conducts archaeologically sensitive recoveries of cargo and artifacts from various shipwrecks on the basis of extensive research and diligence specific to each project. BWVI operations to date have focused on shallow water search and recovery projects. BWVI intends to expand its focus to include deep water salvage. However, as deep-water salvage projects are typically far more costly to pursue than those associated with shallow water projects, such expansion would be dependent upon the Company's raising of significant additional capital.
Forward Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties, including but not limited to our ability to raise capital needed to pursue shallow and deep-water operations and our ability to successfully locate and recover historical and other valuable treasure, artifacts or cargoes.
Source:Blue Water Ventures International, Inc.