CALI Holdings, Inc. Changes Name to Sovereign Exploration Associates International, Inc. CALI Holdings, Inc. (OTCBB:CALI) announced today that effective immediately its new name and trading symbol is Sovereign Exploration Associates International, Inc. (OTCBB:SVXP).
About Sovereign Exploration Associates International, Inc.
Sovereign Exploration Associates International, Inc. (SVXP) is a Business Development Company under the Investment Act of 1940 undertaking shipwreck exploration and recovery initiatives. Pursuant to Section 13 or 15(d) of the Security Exchange Act of 1934, SVXP has filed Form 8-K.
SAFE HARBOR
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the failure of the ships to contain cargo of historic, archeological or intrinsic value, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Sovereign Exploration Associates International Inc. Curtis R. Sprouse, 781-246-7512 Fax: 781-245-7774
Source: Business Wire (October 26, 2005 - 4:05 PM EDT)
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