LAS VEGAS, May 18, 2009 (GLOBE NEWSWIRE) -- Few experiences capture the fancy of the investor better than a literal treasure hunt. Unfortunately, the use of the phrase "treasure hunt" is most often deployed as metaphor and not as actual business plan. Not so for investors of Marine Exploration, Inc. (OTCBB:MEXP), a company driven by professional treasure hunters searching for sunken Spanish Galleons in the clear waters of the Caribbean Sea. The result for investors is a proverbial lottery ticket, where skill and chance blend into a public company.
A company snapshot and editorial regarding MEXP and of interest to investors of marine exploration equities Odyssey Marine Exploration, Inc. (Nasdaq:OMEX), Sovereign Exploration Associates International, Inc. (Pink Sheets:SVXA), and Deep Blue Marine Inc. (Pink Sheets:DPBE) is available at www.SmallCapSentinel.com
Marine Exploration relies heavily on its acumen in exploration, utilizing cutting-edge technology and custom equipment designed under exclusive development contracts for each specific mission. It also relies on joint venture partnerships with famed and proven treasure finder Burt Webber and his company Hispaniola Ventures. Discovering the legendary Spanish Galleon "Nuestra Senora de la Concepcion" that sank in 1641 off of the Dominican Republic, Webber was the first to see the remains of the treasure galleon in more than three centuries. The treasure salvaged in 1979 had a value of US$14,000,000 (conservatively estimated in today's dollars: $80,000,000). Webber's expedition produced a tremendous yield of over 60,000 silver coins, bullion, gold chains and priceless artifacts.
Now, Marine Exploration and Webber have trained their sites on the depths of the Caribbean Sea, with hopes of another bounty laying in wait on the ocean's floor. Interestingly, a film crew will be in tow to follow the highs and lows of Webber's 14 man crew as they endeavor to find sunken treasure. For Marine Exploration, the show's potential audience may well bring awareness among a distinct group of investors who infuse their portfolios with one or two lottery tickets.
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