To: Jack Kennedy who wrote (319 ) 4/16/1999 2:51:00 PM From: Jacalyn Deaner Read Replies (2) | Respond to of 4828
Friday April 16, 2:43 pm Eastern Time Company Press Release Aquatic Cellulose Announces Brazil Schedule Moved Ahead VERNON, BRITISH COLUMBIA--Aquatic Cellulose International Corp. announces today Visas for Brazil have been received ahead of schedule. The team of evaluators and project implementation team will begin May 3, 1999. Presently Gary Ackles is in California finalizing infrastructure to ensure all exotic high-end veneers and hardwood lumber sales are secured well into the new millennium. About Aquatic Cellulose International Corp. Aquatic Cellulose International Corp. (ACIC) is a company created with the mandate of acquiring rights to harvest and recover underwater timber. Aquatic Cellulose Ltd. was incorporated in March of 1996. In December of 1997 ACL was officially acquired by Aquatic Cellulose International Corp. with Aquatic Cellulose Ltd. remaining a wholly owned subsidiary. ACIC is traded on the NASD OTC Bulleting Board. (OTC symbol AQCI). ACIC is a forest based company focusing on what was once considered a lost resource. That resource is submerged timber. ACIC has acquired from Mr. Gary Ackles the exclusive rights to utilize his patented robotic technology for use in the forest industry. This allows ACIC to exploit this massive resource on a global scale and in a commercially viable and safe manner. This submerged timber is still of excellent quality and can be used for plywood, sawn lumber, and a wide variety of wood fiber products. This press release contains statements that constitute forward statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward looking statements inherently involve risks and uncertainties that could cause actual results to diffe r materially form the forward-looking statements. Factors that may cause or contribute to such differences include, among other things, the Company's dependence on one customer, seasonality of the Company=s retrieval business and risk of future losses f rom operations. Other risks and uncertainties include changes in business conditions and the economy in general, changes in governmental regulations, unforeseen litigation and other risk factors identified. The Company undertakes no obligation to updat e these forward-looking statements for revisions or changes after the date of this press release. Aquatic Cellulose International Corp. ON BEHALF OF THE BOARD OF DIRECTORS Mr. Gary Ackles, President Contact: Aquatic Cellulose International Corp. Mr. Gary Ackles President 1-800-565-6544 Email: can_do@mindlink.bc.ca More Quotes and News: Aquatic Cellulose International Corp (OTC BB:AQCI - news) Related News Categories: paper/forrest Help Copyright © 1999 Canadian Corporate News. All rights reserved. All news releases provided by Canadian Corporate News are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information.