MEXP is up 107.14% since SR&R’s Twitter alert on Friday, January 8th. There was another press release today following up on Friday’s news “Great Discovery” of 1690 Shipwreck; Treasures of Incalculable Value”. Today’s press release pushed the PPS up further. The full details of the news and chart of the movement of MEXP for the past two days can be found below.
SR&R believes MEXP has incredible strength and is going to continue to push forward. We believe MEXP can pass its previous high of .30 cents earlier this year.
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TODAY’S PRESS RELEASE
10:45a ET January 11, 2010 (Business Wire)
Marine Exploration, Inc. (OTCBB: MEXP) announces an entire chapter has been written about Burt D. Webber Jr. in Dr. Peter McClean Millar’s upcoming new book ‘Diving with Legends’. Webber, the famed diver that in 1978 discovered the Concepcion in Dominican Republic waters, is currently the onsite Director of Operations aboard the RV Hispaniola treasure vessel salvaging the 1690’s wreck of the ‘Soli Deo Gloria’. Millar acknowledges the Dominican Republic Sub-Aquatic Office officials claim that Burt Weber’s latest discovery is the most significant new recovery of shipwreck cultural material in DR territorial waters in the 21st Century.
Dr. Millar’s book, to be released this week, notes Webber is currently salvaging the Spanish galleon ‘Soli Deo Gloria’ lost off the north coast of the Dominican Republic in the 1690s. Webber and his RV Hispaniola team have recovered, tagged and inventoried over 300 artifacts including gold jewelry mounted with diamonds and pearls and claims to have salvaged only 10% of treasure at this site. Webber expects to explore at least five more wrecks in 2010.
About Marine Exploration
Marine Exploration, Inc. and joint venture partner Hispaniola Ventures, LLC, headed by Burt D. Webber Jr., plan to continue the shipwreck site survey and salvage and anticipate locating and recovering additional historic shipwrecks with valuable artifacts and treasure. Working under exclusive contract with the Dominican Republic, the Company has plans in place to pursue multiple notable shipwrecks in Dominican Republic territorial and jurisdictional waters. http://www.mexp.biz/
Forward-Looking Statements
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 (http://www.sec.gov/cgi-bin/browse-edgar?type=424B3&dateb=&owner=include&count=40&action=getcompany&CIK=0001019654) 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.mexp.biz
SOURCE: Marine Exploration, Inc.
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For Marine Exploration, Inc. Emerson Gerard Associates Jerry Jennings, 561-881-7318 mediareply@emersongerard.com |
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