Kreyol Network » Business http://kreyolnetwork.com The Heart of the Haitian Community Mon, 06 Sep 2010 15:36:17 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 UnderSea Recovery Corporation to be Awarded Permit in Haiti http://kreyolnetwork.com/undersea-recovery-corporation-to-be-awarded-permit-in-haiti/08985 http://kreyolnetwork.com/undersea-recovery-corporation-to-be-awarded-permit-in-haiti/08985#comments Wed, 18 Aug 2010 23:44:11 +0000 Nick J http://kreyolnetwork.com/?p=985 ATLANTA, Aug 18, 2010 (GlobeNewswire via COMTEX) — UnderSea Recovery Corporation (“UNSR”) (Pink Sheets:LGAL) announced today that it will be issued an exclusive permit for the search and recovery of historic shipwrecks in the territorial waters of Cap-Haitien, Haiti, where a number of valuable wrecks are known to be located. Under the provisions of the written proposal and the proprietary license agreement which were delivered by UNSR to the Mayor of Cap-Haitien on August 2, 2010, the initial term of the exclusive license being issued to UNSR will be five years, with two automatic five-year renewals. Revenues derived from the recovery operations will be used first to reimburse UNSR for project costs, with the remainder to be divided 50-50 between UNSR and the government.

UNSR’s CEO and its Vice President of Permitting have been invited to attend a ceremonial signing of the license agreement in Cap-Haitien, which will be attended by His Worship, the Mayor of Cap-Haitien, the Honourable Philocles St-Fleur, other mayoral officials in Haiti and other Haitian government dignitaries, as well as members of the press. UNSR expects to commence initial search operations under the permit later this year or early next year.

In making this announcement, Herbert Leeming, UNSR’s CEO, stated: “This is wonderful news for everyone involved in bringing about this important permit. We are confident that our partnership in Haiti will be enormously beneficial for our company and our stockholders, as well as the government and citizens of Cap-Haitien and Haiti at large. We are 100% confident that we will be able to locate and recover many items of great historical and economic value and we are anxious to begin operations.”

About the Company

The Company is engaged in the business of locating and recovering historical shipwrecks, primarily those from the 15th through 19th centuries, and other cultural resources (artifacts and other objects of historical and archaeological interest) from the world’s oceans and large lakes by applying advanced technologies in an environmentally responsible manner.

Forward-Looking Statements Caution:

This release includes forward-looking statements, which are based on certain assumptions and reflects management’s current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: UnderSea Recovery Corporation

CONTACT: UnderSea Recovery Corporation
Bobby Goldman, VP – Business Development
212-628-8777
(404) 826-1164
bobby777@rcn.com
P.O. Box 28961
Atlanta, GA 30358

]]> http://kreyolnetwork.com/undersea-recovery-corporation-to-be-awarded-permit-in-haiti/08985/feed 0 10 Year Haiti Reconstruction Pledge http://kreyolnetwork.com/10-year-haiti-reconstruction-pledge/01400 http://kreyolnetwork.com/10-year-haiti-reconstruction-pledge/01400#comments Tue, 26 Jan 2010 06:40:32 +0000 Nick J http://kreyolnetwork.com/?p=400 A list of countries and international organizations pledging to help rebuild Haiti that committed Monday January 25, 2010 to a 10-year reconstruction effort in Haiti.

  • United States
  • Canada
  • France
  • Japan
  • Brazil
  • Chile
  • Spain
  • Mexico
  • Argentina
  • Peru
  • Costa Rica
  • Dominican Republic
  • Uruguay
  • European Union
  • Organization of American States
  • United Nations
  • CARICOM
]]> http://kreyolnetwork.com/10-year-haiti-reconstruction-pledge/01400/feed 0 Signs of Economic Life in Port-au-Prince http://kreyolnetwork.com/signs-of-economic-life-in-port-au-prince/01370 http://kreyolnetwork.com/signs-of-economic-life-in-port-au-prince/01370#comments Fri, 22 Jan 2010 03:49:51 +0000 Nick J http://kreyolnetwork.com/?p=370 For the second day, signs of economic life in the capital city Port-au-Prince, Haiti were visible again.

  1. Some small grocery stores are starting to reopen in Port-au-Prince.
  2. The sidewalks were crowded with street vendors and kiosks, and many small food stores were open.
  3. Dozens of individual fruits and vegetable vendors were out on the side of the streets.
  4. The streets were jammed-pack with tap-taps and mini buses.
  5. Money transfer offices were opened for the first time since the January 12, 2010 earthquake
  6. And finally, Haitian police and U.N. military vehicles were common, and local authorities seemed to take an increased posture.

Source: CNN

]]> http://kreyolnetwork.com/signs-of-economic-life-in-port-au-prince/01370/feed 0 UPS “Free Shipping” Hoax on Twitter http://kreyolnetwork.com/ups-free-shipping-hoax-on-twitter/0173 http://kreyolnetwork.com/ups-free-shipping-hoax-on-twitter/0173#comments Fri, 15 Jan 2010 04:16:02 +0000 Nick J http://kreyolnetwork.com/?p=73 We have research and found out that it is false and a hoax about UPS free shipping to Haiti for earthquake relief supplies that weight under 50lbs.  Here’s what UPS posted on their website:

“UPS is not accepting shipments from individuals or local organizations due to the logistics challenges in Haiti. Service will resume as soon as conditions allow. Shipments to Haiti made prior to the earthquake are temporarily being held at UPS facilities in Miami.”

We’re not exactly sure who’s behind such a hoax in a time like this.

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