Marine Exploration Announces Contract Wednesday, December 19, 2007
19 Diciembre 2007 - 3:07PM
PR Newswire (US)
MIAMI, Dec. 19 /PRNewswire-FirstCall/ -- Marine Exploration Inc.
(MEI) is now trading on the Pink Sheets under stock symbol MEXP.
Marine Exploration Inc. is designed to bring together world
renowned, successful explorers, researchers and skilled divers to
locate and salvage treasure ships in the Caribbean Sea. Marine
Exploration Inc. in conjunction with joint venture partner,
legendary treasure explorer and salvager Burt Webber, has commenced
operations in the Caribbean. By using the latest high tech
equipment, designed and licensed specifically for each mission
under exclusive development contracts, MEI is setting the new
standard for research-based treasure exploration in its mission. Of
the two projects that MEI has contracted for, our expert has
estimated that there may be as much as $500,000,000 in recoverable
salvage of ancient gold, silver, gems, Ming dynasty china and
one-of-a-kind valuables. (Logo:
http://www.newscom.com/cgi-bin/prnh/20071219/LAW103LOGO) About the
Company: In conjunction with joint venture partner, renowned
treasure explorer and salvager Burt Webber, the company holds
exclusive permits with the government of the Dominican Republic to
conduct search and recovery operations on the Silver Bank.
Significant archival research has closely narrowed the probable
wreck sites to the extent that dedicated survey operations should
require no more than two to five months to yield desirable results.
Long Term, Marine Exploration Inc. intends to pursue dozens of
notable shipwrecks worldwide. This press release contains
statements, which may constitute "forward-looking statements"
within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities
Litigation Reform Act of 1995. Prospective investors are cautioned
that any such forward-looking statements are not guarantees of
future performance and involve risks and uncertainties, and that
actual results may differ materially from those contemplated by
such forward-looking statements. Important factors currently known
to management that could cause actual results to differ materially
from those in forward-looking statements include fluctuation of
operating results, the ability to compete successfully and the
ability to complete before-mentioned transactions. The company
undertakes no obligation to update or revise forward-looking
statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results.
http://www.newscom.com/cgi-bin/prnh/20071219/LAW103LOGO
http://photoarchive.ap.org/ DATASOURCE: Marine Exploration Inc.
CONTACT: Investor Relations of Marine Exploration, Inc.,
+1-720-381-1146, Web site: http://www.fincor.cc/
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