Blue Water Ventures International, Inc. Announces the Sale of Its Signature Santa Margarita Treasure Pieces
JACKSONVILLE, FL / ACCESSWIRE / August 19, 2015 / Blue Water Ventures International, Inc. (the "Company") (OTCPK:BWVI) announced today that three of its signature pieces of treasure recovered from the wreck of the Santa Margarita were successfully sold at auction, realizing gross proceeds of $396,000 for the Company and its co-owner. The sales of the Company's three lots were included in the consignment of a larger collection of treasure that yielded nearly $2 Million in gross sales proceeds.
"While the Company is pleased that three of our lots sold, the results of he auction clearly demonstrate that the market for unique treasures and antiquities is indeed brisk and vibrant," stated W. Keith Webb, the Company's president and CEO.
About Blue Water Ventures International, Inc.:
The Company is engaged in the business of conducting archaeologically sensitive recoveries of cargo and artifacts from various shipwrecks. Its operations to date have focused on shallow water search and recovery projects in less than 150 feet of water. For more information go to http://www.bwvint.com
Forward Looking Statements:
This release may contain "forward-looking statements" that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company's current expectations about its future plans and performance, including statements concerning the impact of marketing strategies, new product introductions and innovation, deliveries of product, sales, earnings and margins. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.
Blue Water Ventures International, Inc.