Marine Exploration in the News

Marine Exploration, Inc. (OTCBB: MEXP)

Marine Exploration, Inc., a development stage company, engages in marine treasure hunting expeditions. It is involved in the exploration and recovery of deep-ocean shipwrecks, including the marketing, sale, and distribution of recovered artifacts, replicas, merchandise, and books through various retail and wholesale sales channels. Utilizing cutting-edge technology and custom equipment designed under exclusive development contracts for each specific mission, Marine Exploration, Inc. is establishing a new standard for bonafide research-based shipwreck recovery operations. The company was incorporated in 1996 as Jenkon International, Inc. and changed its name to Multimedia K.I.D., Inc. in 1999. Later, it changed its name to SYCO, Inc. in 2006; and to Marine Exploration, Inc. in 2007. The company is based in Denver, Colorado.

By employing the expertise of legendary explorers, renowned researchers, and skilled divers, MARINE EXPLORATION, INC. is at the forefront of exciting, ground-breaking oceanic expeditions to investigate, locate, and recover valuable treasure from historic shipwrecks throughout the world.

Our vision is to become an industry leader in historic oceanic exploration.

Company Data

Headquarters: Denver, CO
Stock Symbol: OTCBB: MEXP
Estimated Market Cap: $17,894,138 as of Mar 11, 2009
Outstanding Shares: 357,882,765 as of Mar 10, 2009
Number of Shareholders of Record: 234 as of Mar 3, 2009
Float: 9,135,652 as of Mar 3, 2009

The Treasure Hunter Challenge is Marine Exploration's official effort to harness the power of the Web-enabled global social network , collective intelligence and crowdsourcing by setting up an open source, Web 2.0 powered global treasure hunt.

For those endeavoring, adventurous individuals that have always wanted to search for sunken treasure but have lacked the resources to physically explore probable sites, this is a once in a lifetime opportunity. If they identify a probable find they will have the resources of Marine Exploration behind them as operating partners on the recovery.

Participants will conduct research in any manner they choose but are encouraged to collaborate online and take advantage of cutting edge applications like Google Earth and the recently launched Google Ocean. The Challenge will offer awards ranging from fully participating partnerships in salvage expeditions (for recovery of finds made by contests) to trips with the Crew of the Hispaniola on live salvage operations, as well as certified artifacts from ongoing recoveries