The killer factor in my view is that the company has elected to go dark with respect to financial reporting and disclosure and is not held accountable to the shareholders. Make no mistake, most small publics are run for the primary benefit of management. The risk escalates enormously when the company does not even bother telling the shareholders what becomes of their money. Any windfalls will be eaten up by bonuses, consulting arrangements and management benefits. Has anyone ever seen a case where a dark company proved ultimately profitable to the shareholders?
We have the research, technology and equipment to pursue and recover shipwrecks of historical and archaeological significance," says Yeager.
"We are foremost a highly mobile marine exploration company. Within the year we plan to have remotely operated vehicle (ROV) capabilities to assist in the deep water recovery of shipwrecks."
Mr. Yeager has carried affiliations with the following associations:
Marine Technology Society American Association of Museums International Council of Museums American Institute of Conservation National Association of Corrosion Engineers
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