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I found this, doesn't look good, unless someone can explain... I sent an email to Douggie a couple of months ago and he replied the same day, but my most recent message hasn't been acknowledged....
GLBM = halted by the SEC
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Global Marine, Ltd. (OTC:BB- GLBM) is a publicly traded Charleston, SC based firm whose primary business is in the oceanographic & historic marine archaeological fields seeks to continuously acquire innovative technology and other like businesses that offer its shareholders exceptional growth opportunities. Global Marine Ltd. currently is involved with a number of found historic shipwreck sites worldwide each with a large quantity of verifiable cargo. All shipwrecks are in varius stages of research, search and recovery.
Through recent acquisitions, Global Marine Ltd. (GLBM), acquired numerous marine businesses along with an experienced world-renown well-published management, marine archaeologists, divers and consultancy team which are thoroughly established in marine salvage, historical research, marine archaeology, search and recovery of marine antiquities, JV's with feature film & documentary producers, publications, a nautical hazard removal component, marine oil & gas survey, engineering, construction, and other associated inshore and offshore diving projects that have been developing over the last year with government agencies, museums and private marine firms.
Global Marine Ltd's location in South Carolina will now control all of their projects including the, South China Sea, English Channel, and the coastal region of South and North Carolina, Georgia, Florida and the Gulf of Mexico.
Latest PR: Fri, Dec 07, 2007
Global Marine Ltd. To Become Solaris Energy Corporation
Cleantech Energy Solutions for Ecuador
Global Marine Ltd. (PINK SHEETS: GLBM) -
On behalf of the Board of Directors, President Douglas Beatty is pleased to announce that the Corporation is in the process of negotiating exciting solar energy agreements in Guayaquil, Ecuador.
"We are very pleased with the excellent solar energy opportunities that are available now to our company in South America, especially in Ecuador. Ecuador has the most direct solar energy available, due to its proximity along the equator and, through private placements and joint-ventures, we anticipate developing a mutually-beneficial business in that country, offering innovative alternative-energy solutions. We have had substantive discussions with Ecuadorian interests on a number of promising projects and we are hopeful of a speedy and successful outcome to our proposals", said Mr. Beatty. "Our Corporation is focused on the marketing and implementation of solar energy technologies and cleantech energy solutions and in transforming ourselves into a global-reach, clean-technology corporation", he added. "The estimated global clean energy market will grow from EUR 31bn currently to EUR 130 billion by 2015, and we aim to be a major participant through our initial ventures in South and Central America", continued Mr. Beatty.
To better reflect the evolution of its corporate focus to concentrate on solar and wind-generated, and renewable energy projects, Global Marine Ltd. also announces today that its Board of Directors has unanimously decided to change the Company name to Solaris Energy Corporation (Solaris). Subject to the appropriate regulatory approvals from its state of incorporation in Nevada, the name change will be effective upon receipt of all necessary regulatory approvals, and receipt of a new trading symbol from the NASD.
"The name Solaris Energy Corporation better reflects our business objectives of branded growth, in our key market segments, using new "clean age" technologies for solar and wind power generation", stated Mr. Beatty. "On an ongoing basis, we are presented with many exciting business opportunities in both North & South America, all of which hinge upon the development of new, cost-effective technologies for use in energy systems which offer significant environmental benefits. These systems will definitely play an increasingly important role in expansion of the world's solar and wind energy product pool", he added.
Share Structure - per TA on 2/19/08
AS = 1,400,000,000
OS = 1,399,999,999
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