Did Kyle try and distance himself from a certain PIPE (ahem) investor? And just in time for Mary, eh?
It sure look like he got thrown under the bus. What do you think?
North Florida Shipwreck Site
There is a purported historic shipwreck site in the waters off of Brevard County Florida that the Company desires to explore. In February 2013, the Company signed an agreement with a third party who has previously explored this site for the right to explore the site. It is the Company's plan to request a recovery permit from the State of Florida for the site as soon as the research design report is completed and management determines it is the right course of action. The Company may choose to pursue a recovery permit only in area one of the Brevard County site, based on future findings. If a recovery permit is granted and the requisite environmental permits are obtained, then the Company plans to salvage the site in an archeologically sensitive manner. An archeologist with the technical skills, knowledge, and experience from around the world has been hired to help insure the integrity of the work. There are a significant number of challenges inherent in the exploration and salvage of historic shipwrecks, including the possibility that the Company will never find artifacts of value at the site.
In 2014 the Company performed various exploration and recovery operations at this site, including leasing two vessels to work with alongside its main salvage vessel. The Company was hampered from performing extensive operations on the site by poor weather conditions during the fall/winter months in 2014 and so far in 2015. The Company plans to begin extensive operations on the site as soon as the weather permits in 2016.
See page 9 here: https://www.sec.gov/Archives/edgar/data/11062...-16823.htm
Now Kyle's letter to Mary back in 2014 on page one here: https://www.scribd.com/doc/299332582/2014-05-...on-Area-A2
I guess they haven't finished work on the current site (shocked face), and since they plan to do extensive operations, do you think that will include obtaining environmental permits AS REQUIRED in order to do the work?
Looks like Roger shared the correct information with the Defendant, and we have it in writing.
I love the "written word", don't you?
It sure look like he got thrown under the bus. What do you think?
North Florida Shipwreck Site
There is a purported historic shipwreck site in the waters off of Brevard County Florida that the Company desires to explore. In February 2013, the Company signed an agreement with a third party who has previously explored this site for the right to explore the site. It is the Company's plan to request a recovery permit from the State of Florida for the site as soon as the research design report is completed and management determines it is the right course of action. The Company may choose to pursue a recovery permit only in area one of the Brevard County site, based on future findings. If a recovery permit is granted and the requisite environmental permits are obtained, then the Company plans to salvage the site in an archeologically sensitive manner. An archeologist with the technical skills, knowledge, and experience from around the world has been hired to help insure the integrity of the work. There are a significant number of challenges inherent in the exploration and salvage of historic shipwrecks, including the possibility that the Company will never find artifacts of value at the site.
In 2014 the Company performed various exploration and recovery operations at this site, including leasing two vessels to work with alongside its main salvage vessel. The Company was hampered from performing extensive operations on the site by poor weather conditions during the fall/winter months in 2014 and so far in 2015. The Company plans to begin extensive operations on the site as soon as the weather permits in 2016.
See page 9 here: https://www.sec.gov/Archives/edgar/data/11062...-16823.htm
Now Kyle's letter to Mary back in 2014 on page one here: https://www.scribd.com/doc/299332582/2014-05-...on-Area-A2
I guess they haven't finished work on the current site (shocked face), and since they plan to do extensive operations, do you think that will include obtaining environmental permits AS REQUIRED in order to do the work?
Looks like Roger shared the correct information with the Defendant, and we have it in writing.
I love the "written word", don't you?
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