Dallas, TX 6/24/2008 6:52:15 AM
News / Finance

OTCPicks.com Announces Initiation of Profile Coverage for Marine Exploration Inc.

Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Marine exploration Inc. (OTC: MEXP). Mr. Dean comments, "Marine Exploration Inc reported today that Burt D. Webber, Jr., at the helm of its Joint Venture Partner, Hispaniola Ventures, LLC has successfully completed field testing operations in immediate preparation for its survey for targeted sunken vessels. Operating on the well-known 1733 Capitana wreck site off the Florida Keys, Webber and his team tested and calibrated their one-of-a-kind Geometrics diver-operated cesium magnetometers and state-of-the-art Geometrics vessel towed cesium magnetometer over a two-day exercise. The exercise served to ensure the proper operational functionality of this equipment, designed to Webber's specifications, ahead of the maiden voyage of the Ocean Lady.”

 

To view the OTCPicks.com Company Profile for Marine Exploration Inc., please visit: http://www.otcpicks.com/marine-exploration/marine-exploration-2.htm    

 

About Marine Exploration Inc.

 

Marine Exploration, Inc. is currently pursuing two primary projects north of the Dominican Republic for which an exclusive state-of-the-art host country treasure-salvage contract is in place. Long term, the Company will explore up to fourteen more wrecks under the Dominican Contract and has plans in place to pursue additional multiple notable shipwrecks worldwide.

 

About OTCPicks.com

 

OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.

 

Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

 

Disclosure: OTCPicks.com has received fourty thousand free trading shares from a third party for MEXP advertising and promotional services.  

 

OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.