Oceanic Research and Recovery Releases Details of Involvement in Emerald Discovery Featured on CBS News' 60 Minutes

24 Apr 2012 7:49 AM | Anonymous

Oceanic Research and Recovery Releases Details of Involvement in Emerald Discovery Featured on CBS News' 60 Minutes

PEORIA, IL, Apr 23, 2012 (MARKETWIRE via COMTEX) -- Oceanic Research and Recovery Inc. (pinksheets:ORRV), a marine salvage and exploration company, today confirmed that it has been involved with the discovery of emeralds made by Jay Miscovich and recently featured on CBS News' 60 Minutes.

Originally discovered in early 2010, the emeralds have been the subject of two legal proceedings. The first action was in the Delaware Chancery Court and has been resolved. Mr. Miscovich and JTR Enterprises have since filed an "Admiralty Arrest" of the emeralds in Federal District Court. This case remains ongoing.

http://www.marketwatch.com/story/oceanic-research-and-recovery-releases-details-of-involvement-in-emerald-discovery-featured-on-cbs-news-60-minutes-2012-04-23?reflink=MW_news_stmp

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