ORRV light DD
ORRV.PK: Summary for OCEANIC RESEARCH & R - Yahoo! Finance
closed up 50% off lite volume,
Last Trade: 0.0090
Trade Time: Feb 20
Change: Up 0.0030 (50.00%)
Prev Close: 0.006
Open: 0.006
Day's Range: 0.0060 - 0.01 -- hit a penny here
52wk Range: 0.01 - 1.01
Volume: 385,375
Avg Vol (3m): 50,686.2
just needs a little ask slapping backed by a healthy day of volume and this ball could get rolling
Last news out 2 dayzz ago :
http://finance.yahoo.com/news/ORRV-A...ablishment-iw- 14381537.html
ORRV Announces Establishment of Scientific Advisory Board
Tuesday February 17, 2009, 12:16 pm EST
Yahoo! Buzz
Print
LINDON, UT--(MARKET WIRE)--Feb 17, 2009 -- Oceanic Research and Recovery Inc. (ORRV) (Other OTC:ORRV.PK - News), a marine salvage and exploration company, today announced the creation of a Scientific Advisory Board and the first appointment to that board.
CHART (free at stock charts) :
ORRV - SharpCharts from StockCharts.com
((looks ready for a retrace back up ST))
COMPANY INFO:
Website:
RSOPS Home Page
Oceanic Research & Recovery, Inc.
111 S. 1410 E.
Lindon, UT 84042
http://www.oceanicresearchandrecovery.com
Phone: 801-310-9900
Fax: 801-796-6058
E-mail:
info@oceanic.com
Business Description Oceanic Research & Recovery, Inc.
Oceanic Research and Recovery, Inc. (ORR) is a marine research and artifact recovery company. It is organized under the laws of the State of Nevada. ORR has its corporate office in Lindon, UT and its base of operations is in Key West Florida. ORR owns 3 research and recovery vessels and maintains an office and warehouse in Key West.
ORR owns survey and recovery permits for approximately 25 square miles of marine area, with the rights to research and salvage any materials from this site. ORR is presently conducting its operations and intends to continue through the 2008 dive season.
OTC Market Tier
Pink Sheets No Information
Business Stage
Development Stage Company
State Of Incorporation
NV
Jurisdiction Of Incorporation
United States
Year Of Incorporation
2004
Company Officers
Joanne Clinger, Chairwoman
William Shupe, President
Brett Clinger, Secretary, Treasurer
Number of Employees
8 as of May 1, 2008
SEC Reporting Status
non-SEC Reporting Company
Fiscal Year End
12/31
Estimated Market Cap
$489,954 as of Feb 18, 2009
Outstanding Shares
122,488,571 as of Jun 16, 2008
Authorized Shares
750,000,000 as of Jun 16, 2008
Number of Share Holders of Record
336 as of Jun 16, 2008
Float
22,488,571 as of Jun 17, 2008
Current Capital Change
shs decreased by 1 for 350 split
Pay Date: Apr 22, 2008
Company Notes
o Formerly=Hoodia International, Inc. until 4-2008
o Formerly=Aquagen International, Inc. until 8-05
Security Notes
o Capital Change=shs decreased by 1 for 3 split. Pay-date=7-18-03
o Capital Change=shs decreased by 1 for 20 split. Pay date=12-10-04.
Transfer Agent
Interstate Transfer Co.
6084 South 900 East
Salt Lake City, UT 84121
Legal Counsel
Stephen G. Bennet
PO Box 1013
Merimack, NH 03054
PINKSHEETS.COM :
Pink Sheets | Quotes, Company Info, Filings, News, Short Interest - Oceanic Research & Recovery, Inc. - ORRV
Good standing with the S.O.S.
https://esos.state.nv.us/SOSServices...ss/CorpSearch/ CorpDetails.aspx?lx8nvq=jF0PbIRu7q6wj%252failjs18Q%253d%253d
Status: Active on 3/17/2008 File Date: 2/6/2004
Type: Domestic Corporation Corp Number:
C2969-2004
Qualifying State:
NV List of Officers Due:
2/28/2009
Managed By:
Expiration Date:
Registered Agent Information
Name: THE CORPORATION TRUST COMPANY OF NEVADA Address 1: 6100 NEIL ROAD SUITE 500
Address 2: City: RENO
State: NV Zip Code: 89511
Phone: Fax:
Mailing Address 1: Mailing Address 2:
Mailing City: Mailing State: NV
Mailing Zip Code:
Agent Type: Commercial Registered Agent - Corporation
Jurisdiction: NEVADA Status: Active
View all business entities under this registered agent
Financial Information
No Par Share Count:
0 Capital Amount:
$ 77,500.00
Par Share Count:
750,000,000.00 Par Share Value:
$ 0.0001
Par Share Count:
25,000,000.00 Par Share Value:
$ 0.0001
Officers Include Inactive Officers
Secretary - BRETT CLINGER
Address 1: 1464 W 40 S Address 2:
City: LINDON State: UT
Zip Code: 84042 Country: USA
Status: Active Email:
Treasurer - BRETT CLINGER
Address 1: 1464 W 40 S Address 2:
City: LINDON State: UT
Zip Code: 84042 Country: USA
Status: Active Email:
Director - JOANNE CLINGER
Address 1: 1464 W 40 S Address 2:
City: LINDON State: UT
Zip Code: 84042 Country: USA
Status: Active Email:
President - WILLIAM R SHUPE
Address 1: 3051 W. MAPLE LOOP DR. Address 2:
City: LEHI State: UT
Zip Code: 84043 Country: USA
Status: Active Email:
Video Archive:
Video Archive
For those desiring more information on RS Operations go to
RSOPS Home Page and view some of the many aspects of the RS Operations businesses activities over the years. For more information on ORRV please go to
GoldenBoards.com - Stock Message Boards, Stock Quotes, Stock Charts and Much More! 100% Free.
Personnel:
PRESIDENT Scott Heimdal
Scott Heimdal is president of RS operations and manages overall operations. Heimdal is directly responsible for all survey, recovery, preservation activities and overall project management. He also manages the other four departments, coordinating overall efforts throughout various phases of exploration, recovery and preservation. Heimdal brings a broad range of field operations planning and management expertise to this venture. He has extensive knowledge of survey technology, field survey procedures and operational planning. His extensive field experience includes operations in the Middle East, Mediterranean, Central and South America. Heimdal is well-known throughout the field and has been the subject of numerous national media articles.
Additional Background:
People Magazine
Peoria Journal Star
VICE-PRESIDENT, Support Services Dennis Davis
Dennis Davis heads our support services department. Logistics support of field operations is a critical component and crucial to the success of any project. The function of this department extends beyond the initial exploration stage of any project and includes ongoing support of Phase III recovery efforts, as well as, support of subcontracted organizations, industry partners and governmental agencies. Davis brings extensive management experience from a broad range of industries. He will oversee all support services and subcontractors, ensuring that support activities meet operational needs and conform to contractual requirements.
VICE-PRESIDENT, Communications - Terry Towery
Terry Towery heads our communications department. We recognize the value and inherent importance of media coverage of our company and its activities. Effective, ongoing media relations will elevate our status within the international community. This department will continuously provide story material to various news outlets and magazine publications, as well as, coordinate production of books concerning company activities. An award-winning journalist, Towery serves as the Assignment Editor for the Journal Star, the third largest newspaper in the State of Illinois.
CONSULTANTS:
Robert F. Marx
Mr. Marx will provide advice and guidance in the areas of business structure and fiscal policy, as well as fund raising efforts, historical research initiatives, documentary production and field operations. A pioneer in the field of underwater archaeology, Mr. Marx is one of a handful of experts that have truly written the book on underwater exploration and searching for shipwrecks. Throughout his career he has contributed to the advancement of deep-sea exploration by authoring over 800 scientific reportsarticles and 59 books on history, archaeology, shipwrecks and exploration.
The Worlds Richest Wrecks
The Worlds Richest Wrecks is the latest book by Sir Robert Marx, recognized worldwide as the true father of underseas archeology. Bob Marx is also a highly accomplished shipwreck diver who has worked more than 3,000 shipwrecks in 62 different countries--retrieving countless tons of OLD World and New World treasures.
This new book is quite simply, the aculmination of decades of research conducted by Marx to document all of the richest shipwrecks ever lost. Some of them have been found by Marx and other successful wreck divers. Countless others remain to be found and this book is the key. Beautiful color pictures of vast gold and silver treasures enhance the data contained within this volume. Countries and continents around the globe are represented here---making The Worlds Richest Wrecks of great interest to treasure hunters of all countries.
Highlights Include:
Historical background on Old World and New World Shipwrecks
Richest Shipwrecks grouped by Continent or island chain
Brief description of the ship's loss and its valuable cargo
Numerous color photos and Black and White illustrations
Old World maps, some showing ship loss locations
Celebrated treasure hunter Sir Robert Marx has been knighted by the rulers of three European countries for his efforts in marine archeology. He and his wife Jenifer met while excavating the lost pirate city of Port Royal in Jamaica. Marx has recovered treasure and artifacts from more than 3,000 shipwrecks in 62 countries. He and his wife have collectively authored or co-authored more than 60 books on history, Treasure hunting and marine archeology.
Available at Amazon and Barnes & Noble
Soft Cover: $19.95 ISBN: 0-9818991-1-1-0
Cloth Cover: $24.95 ISBN: 0-891-8991-1-2-9
Greg Asbury
Effective environmental impact management during field operations is an important component of our operational model. Mr. Asbury, vice president of Mactec-ESE, one of the nation's largest environmental engineering firms, has over two decades of environmental engineering and project management experience. His skills will be utilized to coordinate the various engineering disciplines that will be required to fulfill project requirements.
TRUE CHART : [chart]http://img24.imageshack.us/img24/6818/sc111wa1.png[/chart]
About US
RS Operations, LLC specializes in organizing and conducting searches for lost shipwrecks. We provide our business partners with a broad range of expertise relating to all aspects of overall project development, operational planning and field operations.
Our specialties include;
Project management and organization
Contract structure and negotiations
Field operations management
Archaeological site management
Logistics planning and preparation
Application of survey technologies
Environmental impact management
Historical research
To learn more about how RS Operations can assist you with your project development needs, send email to;
inquiries@rsoperations.com
Company Policy
BACKGROUND
With the invention of the aqua-lung in the 1950s, the oceans became readily accessible to everyday people. As more scuba divers began entering the water shipwrecks were continuing to be discovered with each passing year. Along with this revolution in diving technology commercial salvage companies began to be formed to salvage these shipwrecks that were continually being discovered throughout the world.
It was during this same period of time that the science of marine archaeology was born. Led by such notable authorities as Dr. George Bass of Texas AM University, these pioneers began adapting methods of land based archaeological investigation to undersea locations. Both the science of underwater archaeology and the industry of shipwreck salvage have been driven by the continual evolution in technology.
New types of equipment and procedures have helped make the location and excavation of shipwrecks more efficient and cost effective while greatly increasing the safety for personnel involved. Today, it is widely accepted that there is no shipwreck anywhere in the world that cannot be located and recovered using modern technology.
CONTROVERSY
For the past several decades science and salvage have continued to grow as separate professions. This growth, coupled with increased regulatory action on the part of governments, has resulted in conflict between commercial salvers and marine archaeologists.
ISSUE 1
Marine archaeologists are concerned about archaeologically important shipwrecks being destroyed by commercial salvage companies. Archaeological excavation is itself a destructive science, you get only one chance to excavate a site. Once a site has been disturbed, very little information can be recovered.
Historically, commercial salvage companies have had a poor record concerning preservation of the archaeological information from a wreck site. This past record justifies the concerns of members of the archaeological community.
However, in recent years significant improvements have been made throughout the commercial salvage industry. Companies now realize the importance of the wreck sites they are working and maintain accredited professionals in the disciplines of archaeology, artifact preservation and restoration.
RS Operations firmly supports the position of archaeologists concerning preservation of the archaeological information found within a shipwreck. Our company will only work with commercial organizations that maintain the highest professional standards when working on a shipwreck project. Our standard surpasses just the preservation of the in situ record. It also includes the preservation and restoration of recovered materials, as well as publication of all relevant scientific data.
ISSUE 2
The other area of controversy centers around ownership of items recovered from a shipwreck. There are two opposing arguments:
The archaeological community believes that any item of historical significance should belong in a museum or other public institution for the benefit of scientific study and public enjoyment. No item from a shipwreck should fall into the hands of private collectors.
Commercial salvage companies feel that since they and their backers invest their money and assume an enormous amount of risk to locate a valuable shipwreck, they are entitled to a portion of the materials recovered as compensation for their efforts.
RS Operations feels that both arguments have merit. We also believe it is possible to both safeguard the archaeological communitys interests and the interests of investors. If one considers certain facts it becomes apparent that there is a logical way to balance these opposing positions. For example,Unique, one of a kind items of high scientific interest should always go to museums so they are available for detailed scientific study and public enjoyment. While these types of items can bring very high prices in the global antiquities markets, scientific study and adding to our knowledge of the past must be given priority.
Items of limited scientific value, such as coins, bullion, precious stones or multiplesof a particular item could be used as compensation to commercial salvers assuming that representative samples are provided to museums for study. This provides incentive to commercial salvers to work with the archaeological community in a positive manner, protects the needs of the scientific community, provides an additional source of funding for archaeological research and reduces costs to museums who must pay for storage of items they do not have room to display.
SUMMARY
RS Operations has positioned itself to act as a bridge between the archaeological and salvage communities. We believe that the best solution for the long-term benefit of science and salvage is for both to work together in a realistic manner. Through a cooperative effort, taking advantages of the strengths of each other, we feel that both parties can benefit in ways not possible to achieve by working separately.
View images of treasure being recovered during
the last South Sea Expedition
The discovery of the New World by Christopher Columbus was a turning point in world history. His discovery ushered in an age of exploration and conquest that made Spain the most powerful country in the world. The flow of silver, gold and precious stones that started out as a trickle, became a torrent that brought about an economic revival throughout all of Europe.
The west coast of South America was one of Spain's richest possessions. What was once the Vice-Royalty of Peru are today the countries of Chile, Bolivia, Peru, Ecuador, Colombia and Venezuela. Throughout the colonial period the Spaniards located and exploited rich silver and gold mines throughout the Andes Mountains. These sources were so rich that various mints were established over the centuries for the production of coinage. Mints at Lima, Cuzco, and Potosi produced coinage that became the national currency for many nations of the world, including the American colonies and eventually the early United States.
As these sources of precious metals were exploited, the treasure, in coin, ingot and jewelry form, was loaded aboard ships of the "South Seas Armada". These ships would travel the western coast of South America to pick up and deliver goods to ports along the coast. The principal route taken by these galleons would see them start at the south and stop at ports along the coast while making their way to Panama for final delivery of all the treasure that had been collected from the mints and mines. From there the treasure would be transported across the isthmus by mule train where it would be picked up by the Tierra Firme Armada and shipped back to Spain.
Over the centuries hundreds of ships were lost along the west coast of South America as they sailed the coast laden with treasure and other merchandise. The South Sea Expeditions Project, working in cooperation with the Governments of Ecuador, Peru and Chile, will continue to locate and recover treasure from these lost Spanish galleons.
Frequently Asked Questions
Does RS Operations work on museum-sponsored projects?
Yes, RS Operations will work with museums and other non-profit institutions that are involved in the discovery and study of sunken shipwrecks. In addition to technology, project planning and management, we also assist in developing project funding through donations and corporate sponsorships.
Does RS Operations work on commercial projects?
Yes, our company will work on commercial projects. However, our involvement is conditional on the project meeting strict professional standards. RS Operations will only participate in projects that involve accredited, professional archaeologists and preservation specialists. Furthermore, any commercial project must involve appropriate government offices and institutions of the host nation. Our involvement is subject to the approval of our Board of Directors.
Does RS Operations provide project funding?
RS Operations does not directly provide funding for projects. We work with organizations in overall project planning and development. Through detailed planning and preparation we help organizations meet due diligence requirements to secure funding from independent sources.
Will RS Operations perform the excavation of a shipwreck?
Our company specializes in technology utilization and remote sensing methodologies. We employ this expertise to conduct the initial search for the shipwreck and as a means of non-invasive archaeological investigation of the wreck site. RS Operations assists with archaeological excavations in a supporting role only. It is our policy that any invasive activities on an archaeological site be performed andor supervised by qualified archaeologists.
What about government contracts
Part of the services we provide to our business partners is to assist in foreign representation and contract negotiations. In large measure, the project development efforts undertaken by our company are to ensure that the project will meet contractual requirements typically set forth by the host government.
What about publicity for a shipwreck discovery?
RS Operations Communications Department helps organize and conduct ongoing publicity campaigns. Our experienced personnel can develop quality material for dissemination while also facilitating access to major media outlets and wire services.
Can a shipwreck project be used as a laboratory?
Yes. This is something we encourage. Shipwreck search and recovery projects offer a unique opportunity for equipment manufacturers and software developers to test and improve their products. Scientists involved in various oceanographic related research projects will also benefit. Supporting these research and development activities provides immediate benefits for the project and long-term benefits for science and commercial enterprises.
What about engineering issues?
Each project is unique and often involves problems that need to be overcome through the use of a customized solution. RS Operations engineering department specializes in engineering project management. Our experienced personnel coordinate engineering efforts to ensure that specialized development is accomplished to exact specifications, delivered on time and under budget.
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