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AND THIS
http://www.globalmarineltd.com/
LOL
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WHAT HAPPENED TO THIS?? LOLOL
June 29, 2006 - 3:14 PM EDT
Global Marine Ltd. Secures $10,550,000 Multi-Phase Capital Infusion to Continue Development and Growth of This Shipwreck Salvage Company
Capital to Support Ongoing Dive Operations on Global's Found Historic Shipwrecks, Artifact Recovery, Preservation, and Sales
Global Marine Ltd. (PINKSHEETS: GLBM) is pleased to announce that the Company entered into a $10,550,000 MULTI-STAGE capital infusion agreement with a successful financial Fund. The capital will increase search and the recovery of historic & cultural artifacts in Global Marine's operational areas of North, Central, and South America, where a number of viable shipwreck sites have been located.
Global Marine received $550,000 of the capital as "first round of funding," which under the terms of the agreement are to be used towards Company diving operations artifact recovery, and prepare a Company audit in preparation to file the necessary SEC and NASDAQ registration statements to become a fully reporting Corporation.
Once the registration statement filed by GLBM is declared effective by the Securities and Exchange Commission (SEC), the SEDA allows GLBM to draw on the second stage $10,000,000 secured capital infusion. This capital may be drawn down by Global as required, in amounts deemed suitable by the Company over the two-year period.
Global Marine's immediate goal is to increase the artifact recovery operations and marketing in selected regions around the world, where Global has the availability of known and found noted shipwreck sites. Selected wrecksites have been explored and in some cases partially recovered cargo has been sold to the public, collectors, or at auction. The additional capital will allow Global Marine to increase their operation zones in many areas and retain their artifacts as Corporate assets, therefore not pressured into liquidating product if market conditions are not favorable.
About Global Marine Ltd.:
Global Marine Ltd.'s primary business is in the oceanographic & historic marine archaeological fields that seeks to continuously acquire innovative marine technology and other like businesses that offer its shareholders exceptional growth opportunities. Global Marine Ltd. is currently focusing its search and recovery efforts on "located" exceptional historic & culturally significant Spanish Royal "Treasure" Armada shipwreck sites in Central & South America, and other wrecksites worldwide, many of which (shipwreck sites) have accompanying historic archival research, including cargo manifests and specific "Search and/or Recovery" permits. GLBM seeks to salvage these shipwreck sites. The research and site sampling indicate the ships sank with a large quantity of verifiable cargo. The current wrecksites may be in various stages of development, from research to recovery of the nautical antiquities. Selected wrecksites have been explored and in some cases partially recovered cargo has been sold to the public, collectors, or at auction. The Company is also investigating other promissing shipwreck sites and has added additional professional staff and high-tech marine equipment to further the corporate objectives of recovering, selling or displaying artifacts raised from these sites.
A copy of the Corporate filings may be available on the SEC's "Filings" website and on Global Marine Ltd.'s URL: http://www.GlobalMarineLtd.com including additional information on the Company.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities mentioned in this release. The securities described in this release have not been registered under the Securities Act of 1933 or any state securities laws, and may not be offered or sold in the United States absent an effective registration statement covering such securities or an applicable exemption from such registration requirement.
Safe Harbor Statement: Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate,' "believe,' "estimate,' "may,' "intend,' "expect' and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently, and other factors detailed in reports filed by the Company.
Source: Marketwire (June 29, 2006 - 3:14 PM EDT)
News by QuoteMedia
www.quotemedia.com
Yeah a little, LOL Better volume than yesterday though ;)
GM play, feelin' lonely? ;) .0002-.0003 4x4 looking good
290K, could've been worse, at least were in 3s.
What a day, huge volume, LOL
Just give it some time...Good things coming around the corner. IMHO
thank you! I've cut and pasted that into notepad! you rock masta!
ha! You're awesome! I've been trying to do that for a week!!!
How to post the charts:
Right click on the chart and click on properties. Copy the url (without the http://) and then past it between [*chart] & [*/chart] <~~~~~ remove the *'s
[*chart]www.stocknetworkonline.com/gallery/data/500/glbm.PNG[*/chart]
[*chart]www.stocknetworkonline.com/gallery/data/500/glbm2.PNG[*/chart]
You're killing me here! lol
mastaflash
what is your entry? Geesh, get in already and watch her ruuuuuuuuun!
I'd like to ask a question about this company ? I think solar energy is a great selling vehicle for any company. Is there anyone that can provide some information that the company, GLBM. Actually has the assets to purchase this technology to sell to another Country, even if they actually had contracts to provide the service and I personally haven't heard of any actual contracts with anyone to provide this service. May be someone can change my mind, I've listen to Doug for 5 years that he had a $10 million infusion to get the company going, yet it never happened. I told Doug in his office one day that I was tired of him lying to me and everyone else. I really would like to see something be true with this company for a change.
Lets say for arguments sake that there is an sec issue, Don't you think that the parties invloved would take this into consideration?
yup, the sec piece
IMO Doug is only a piece of the puzzle.
The latest HH conversion will take care of this. GLBM/Solaris will emerge beautifully (as in ugly caterpillar into butterfly)IMHO
is GLBM's TA owed any $$$$$$$$$$$$$$$$ for the past few yrs?
Yes GLBM/Solaris has limited interest now. But, in the not to distant future I think that will change. You have to use DD here and put together a puzzle. Think outside of the box...remember GLBM will no longer exist... What is Ecuador in need of??
Too many things found in DD that are showing something big under the radar.
Even the 8K says something huge, Just need to read between the lines. Don't take my word for it, Do your own DD.IMHO
GLBM/Solaris is flying under the radar now...
under $1,500 worth of trading..huge interest
it is fine by me ... what a great buying opportunity! An easy 10-bagger. HH is out now, that is all that matters to me!
0.0003s getting whacked ... virtually no asks at 0.0004 and 0.0005
.0003's the beginning of a beautiful relationship...
What do you think of HH's latest conversion?
I bought in at 0.0001 and 0.0002 ... but it just dropped like a stone from 0.0011 when HH started selling ... now that HH is out of the way, I don't see a reason why we can't go to at least 0.0009 again.
How long u been playing GLBM?
http://biz.yahoo.com/e/080219/glbm.pk8-k.html
This should help things along now that this is done! Go baby go!
Just need the volume to pump this thing up. Resistance is gone now that that $55,000.00 private placement has been done away with.
Nice! I have Level 2. Anyways I like good Info.
Now lets bust out!
look at the level III
GLBM GLOBAL MARINE PK 0.0002(1) 0.0003(3)
LOTS NITE10000000 HSBC22000500
100,000,000 bid @ .0002 Where do you see that?
GLBM 0.0002 x 0.0003. 100,000,000 bid at 0.0002! Yeeeeeeeeeeeehaaaaaaaaawwwwwwwwwww!
Im still digging, Heres something for thought though. Think about this Per the Feb 19,2008 8k Filing.(H.H. LLC). Has decided to invest monies at the tune, now get this (at .015 per share) Now they would SCRUTINIZE GLBM/Solaris before they put up that kind of dough per share. Plus GLBM/Solaris would have to show them something to convince them to make that commitment (Theres something BIG on that table IMO). The last time they only paid out (.0010 per share) and this time they are paying out (.015 per share)! This tells me that what they found here in GLBM/Solaris is something they wanted part of!
Im sticking to my guns GLBM/Solaris is a rising star in 08'
IMHO
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