News & Video from MEXP.

Once again, Marine Exploration Inc. (OTCBB:MEXP) has reported positve news, this time in regard to what appears to be a pretty chummy relationship with the all-important government of the Dominican Republic where the explorations are taking place. This isn't groundbreadking news that the President's designee called Marine's partner, Burt Webber, "The Jacques Cousteau of the Dominican Republic" but this relationship is critical. 

But in looking over Marine's corporate site I came across this YouTube video which gives a very interesting view of Marine's venture. If you haven't given Marine Explorations a onceover yet, just click on that link or the YouTube image and take a look. Once you do, I think you'll agree that MEXP has one of the more unique business models you'll ever come across.

Click here for a company profile of MEXP.

Marine Exploration, Inc. Gives Dominican Republic Secretary of State Private Tour of its Treasure Hunting Ship, Secretary Gomez names Burt Webber the Jacques Cousteau of the Dominican Republic

MIAMI--Marine Exploration, Inc. (OTCBB: MEXP) announces that on June 6, a private tour of joint venture partner Hispaniola Ventures, LLC research vessel R/V Hispaniola was arranged for Ing. Manuel De Js. Perez Gomez, Secretary of State/Special Assistant to the President of the Dominican Republic. Hosting the tour for Secretary Gomez and Francis Soto/Technical Director Dominican Republic Sub Aquatic Office were Burt Webber and Fernando Medina of Hispaniola Ventures, Ignazio Panepinto/Director of International and Cultural Affairs/Marine Exploration, Mark Goldberg/CEO/Marine Exploration, and the crew of the R/V Hispaniola.

The treasure hunting ship is bedecked with sophisticated new underwater search systems designed by Burt Webber of Hispaniola Ventures. The tour included demonstrations of high tech detection methods using the latest technology and research equipment on board. Secretary Gomez stated, “Burt Webber is indeed the Jacques Cousteau of the Dominican Republic."

“During the tour of the R/V Hispaniola, Secretary Gomez repeated his strong support for our efforts and his enthusiasm for expanding the relationship. The tour was arranged in anticipation of upcoming Company activities,” noted Mark Goldberg, CEO Marine Exploration, Inc.

Marine Exploration, Inc., and joint venture partner Hispaniola Ventures, LLC headed by Burt Webber expect to continue the surveys and anticipate locating and recovering 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.

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 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.

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JUNE 15, 2009, MIAMI---Marine Exploration, Inc. (OTCBB: MEXP) announces Burt D. Webber, Jr. of joint venture partner Hispaniola Ventures, LLC has located a previously undiscovered shipwreck on the North West Reef of the Silver Bank, Dominican Republic. Funded by Marine Exploration, Inc., Mr. Webber has returned to the Silver Bank after thirty years with new historic research, and new underwater technological developments in the field of remote sensing survey and salvage. This latest shipwreck was found within the first twenty days of surveying the reef. The artifacts recovered during the proofing excavations have proved to date the ship between 1725 and 1745. The nationality is believed to be British. All artifacts were inventoried and turned over to the Dominican Republic Sub-Aquatic Office in Santo Domingo.

Mark Goldberg, CEO of Marine Exploration, Inc. states, "The Company is thrilled to have made this discovery on its first official exploration voyage off the Dominican Republic. The crew performed with excellence, and our state-of-the-art equipment was proven absolutely reliable and effective; especially the Webber designed diver operated cesium magnetometers that can now locate shipwrecks which surface-towed magnetometers could never find in complex coral reef environments."

Marine Exploration, Inc., and joint venture partner Hispaniola Ventures, LLC headed by Burt D. Webber, Jr., expect to continue the surveys and anticipate locating and recovering 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.

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 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.

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