Any word on FLYING COLOURS?

[Captain Smollett]

She's been missing since 7 May.  Her EPIRB activated for four hours then turned off.  Her position when the EPIRB deactivated was 160 miles from the NC coast.

On Wednesday, I read on another board that a debris field had been found.  But, I've been unable to confirm this (the post did not included a source).

The most recent article I've found via Google is dated 15 May (Tuesday):

http://www.projo.com/news/content/boat_search15_05-15-07_D15KP07.35edabe.html

All I can confirm now is that the USCG has terminated their search and have asked other mariners to be on teh lookout for signs of the boat.

Has anyone come across a properly sourced reference to a debris field being found?

[Parrothead]

no...Wonder what really happened? Panic?