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Author Topic: SVXP Sovereign Exploration Associates International, Inc.
rickpic
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12:26 10/27/2005 CALI CALI Holdings Inc. Common Stock SVXP Sovereign Exploration Associates International, Inc. Common Stock **

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Nothing moves a sub like news!!!

Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003  |  IP: Logged | Report this post to a Moderator
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Here another lil tid bit of DD for you guys to sink your teeth into!

C.B. wreck hunters reveal treasures
Halifax Herald ^ | Monday, November 15, 2004 | TERA CAMUS


Posted on 11/15/2004 10:32:55 PM PST by uglybiker


C.B. wreck hunters
reveal treasures
Riches worth hundreds of millions in waters near Sable Island

By TERA CAMUS / Cape Breton Bureau

MAIN-A-DIEU - A share of sunken treasure recovered off the coast of Cape Breton this summer was handed over to the province Friday.

Officials with Le Chameau Explorations Ltd., a treasure hunting company based in Cape Breton, delivered dozens of precious gold, silver and copper items, including coins, sword handles, silverware, crosses and pieces of ships. The items were recovered during the summer from several wreck sites off Cape Breton and near Sable Island.

"These wrecks are worth hundreds of millions," a soft-spoken Capt. Bob MacKinnon of Le Chameau Explorations said last week in his lab.

Nearby, staff and marine archeologists quietly and carefully packed the goods recovered so far for shipment.

The treasure was discovered in 2002 from an area that some treasure hunters have called the richest shipwreck site in the world.

Mr. MacKinnon said parts of Nova Scotia's coastline are among the richest in the world based on the number of wrecks, estimated to be in the thousands.

The province takes a 10 per cent share of all goods recovered from such wrecks. Le Chameau Explorations and its shareholders get the rest to sell at auction houses, mostly in Europe or the United States.

This summer's find included newly minted New England gold coins from the 1700s. The coins, the size of a loonie, were found near a French wreck containing gold coin lost in the 1800s when heading for Louisbourg.

Some of the gold coins, which glistened on the counter in Mr. MacKinnon's lab, are in near-perfect condition, except for a few dings along the edges.

While the coins are in good shape, time is taking its toll on other treasure, some of which is at risk of being forever lost on the ocean floor.

"It's a very harsh environment," Mr. MacKinnon said of the sea.

"Most sites are covered with heavy stone, some as big as this building. The sea can easily pick up stone the size of this building and move it."

Marine archeologist Duncan Matthewson of Florida said Nova Scotia's southern and eastern waters are full of wrecks because of the low shoal that follows the rugged shoreline.

"They can't survive very long," he said of the wooden vessels that wrecked in the harshest of seas.

"Every recovery tells us about the ship and the maritime history of the area. . . . Some sites are not just one ship, but there may be as many as three ships from different periods so we're trying to work out the sequence of events. . . . It's like being like Sherlock Holmes under water."

To continue its treasure hunting, the company plans to hire another 50 workers next summer to join the staff of 20, which includes many scientists like James Sinclair, the first archeologist to visit the Titanic when she was found.

Next summer, Mr. MacKinnon's company, along with American parent Sovereign Marine Explorations, hopes to get the green light from the province to begin searching several other sites as well, including that of the 1822 wreck of L'Africaine near Sable Island.

That ship arrived in Martinique on Oct. 17, 1821, and departed for France loaded with riches, mostly gold and silver bullion, at the time she sank months later.

They also plan to go after the wreck of the steamer ship State of Virginia, lost in July 1874, along with her sizable stash of gold and silver, some of which has already been recovered near Sable Island.

The team also plans to continue piecing together the history of Le Chameau - the ship from which some of this summer's treasure was recovered. The wreck of the French pay ship is mixed in with the remains of two other colonial-era ships, one of which was Le Triton.

Le Triton, owned by the Spanish, was captured with its riches when heading for Spain near Nantucket Island, Mass., on July 4, 1711, by the English frigates Kingston and Leostoff. According to historic documents, Admiral Hovenden Walker, commander of the British fleet, sent orders to not proceed to Britain with the prize capture but instead stay near Cape Breton to await orders.

Seven of 11 ships sent by the admiral to patrol Cape Breton that month in September were lost in storms between Main-a-Dieu and Louisbourg. Some of the goods sent Friday were positively identified as belonging to the Triton.

Among the wreck sites the company has pinpointed for recovery next year includes an area near St. Paul Island that's believed to hold rare gold coins and other precious goods stolen from the White House during the War of 1812.

"If we can get to it (the Washington wreck site) . . . items recovered below could go up over $1 billion in value," Mr. MacKinnon said with a smile.

According to historians, British forces in the war ransacked the national capital and burned the White House, but not before filling several of their ships with riches for the return voyage home.

Many of those ships heading overseas stopped in Halifax but were lost in heavy storms just south or east of the province.


http://www.freerepublic.com/focus/f-news/1280945/posts

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Nothing moves a sub like news!!!

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CALI Cali Holdings Inc (OTC BB) 10/26/2005 1:29:46 PM ET

Realtime Quote $0.00 UNCH UNCH Refresh Quote



Press Release for Cali Holdings Inc


CALI Holdings, Inc. Signs Definitive Agreement with Marine Exploration Company
10/20/2005 9:20:01 AM
ORLANDO, Fla., Oct 20, 2005 (BUSINESS WIRE) -- CALI Holdings, Inc. ( CALI ) announced today that it executed and closed under a definitive agreement with Sovereign Exploration Associates International Inc. (SEAI), a marine exploration company headquartered in Pennsylvania. SEAI, a privately held company, was recently formed through the merger of Sea Research, Inc., and Artifact Recovery & Conservation, Inc. As previously announced, CALI Holdings decided to strategically focus its business efforts on financing the recovery of shipwrecks that have cargo of historic, archeological and intrinsic value. SEAI brings executive management, skilled recovery teams, equipment and agreements for twelve (12) sites containing over 15 ships of historic, archeological and intrinsic value. CALI Holdings has applied to change its name to Sovereign Exploration Associates International Inc.

The agreement involved the exchange of SEAI stock for 90% of CALI stock and pursuant thereto SEAI became a wholly-owned subsidiary of CALI. The new management team will be comprised of key individuals from SEAI. Robert Baca and Curtis Sprouse of SEAI will assume the CEO and COO positions effective immediately. SEAI's web site is under development. Future announcements on the SEAI web site will address current site operations, artifacts recovered to date and future projects.

About CALI Holdings dba Sovereign Exploration Associates International, Inc.

CALI Holdings doing business as Sovereign Exploration Associates International, Inc. is a Business Development Company under the Investment Act of 1940 undertaking shipwreck exploration and recovery initiatives.

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Nothing moves a sub like news!!!

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rickpic
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The lead guy is Bob MacKinnon, most of his work is in Canada.
http://www.geocities.com/cbdive1/treasure.html?200522

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Nothing moves a sub like news!!!

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matto
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ric is the tic. cali or svxp

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Trading is a blast!!

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rickpic
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today its CALI tomorrow it will be SVXP

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Nothing moves a sub like news!!!

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HossTrader
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Hey rick, my favorites list got wiped. Can you post the page that shows ticker changes for the day? I have been trying to remember it, but keep coming up wrong. TIA!

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I just want to make enough money to be eccentric.

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rickpic
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http://www.otcbb.com/asp/dailylist_detail.asp?d=10/26/2005&mkt_ctg=OTCBB

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Nothing moves a sub like news!!!

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matto
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same value just name change

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Trading is a blast!!

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rickpic
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correct!

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Nothing moves a sub like news!!!

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matto
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Do we expect pr from the new company in the morning?also wondering if this will move this puppy.I am very reluctant to go near this because i lost last time and I dont want to do it again!

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Trading is a blast!!

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I like that they're changing their name... before, having the term "holding" in their name seemed too general... and when I did some research, it looked like they weren't very focused. With this new name change, they're showing committment and focus to a specific direction.

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Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.

SEIZE THE WEB! - CarpeEM.com
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rickpic
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WM

The company changed hands and its a new company all together!

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Nothing moves a sub like news!!!

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WarpedMind
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Gotcha.

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Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.

SEIZE THE WEB! - CarpeEM.com
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/14/t/001456.html

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HossTrader
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I guess I should start posting on this thread instead. Why did so many mm's drop their ask to 0004 all of a sudden?

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I just want to make enough money to be eccentric.

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rickpic
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they need shares to surrender to get the new shares of SVXP

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Nothing moves a sub like news!!!

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rickpic
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and they only have 53 minutes to get them! SQUEEZE! [Smile]

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HossTrader
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I guess I am confused. Wouldn't that mean they would be moving on the bid, and upping their ask?
Lowering their ask makes it easier for them to sell, not accumulate.

I was expecting the opposite to happen!

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I just want to make enough money to be eccentric.

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rickpic
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and you may still see the opposite happen!Keep you eyes on it! It could get very interesting as we get closer to the close today!

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Nothing moves a sub like news!!!

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HossTrader
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Hey it is already interesting! [Big Grin] I just doubled up on this today since it was nice enough to hang out at 0004

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I just want to make enough money to be eccentric.

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rickpic
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nice move HT and I do believe you got it at the right PPS! [Smile]

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Nothing moves a sub like news!!!

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I doubled up too. My .0003 still won't fill. Oh well.
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Of course it wont there are 13 mm's on the BID at .0003! [Smile]

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Nothing moves a sub like news!!!

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i didn't get it yet [Smile] ...Rick do u recommend buying now and at what price?
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YO-HO-HO and a barrel of PR! [Smile]

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rickpic
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If I were buying more right now it would be at .0004 because thats the only place I would get filled!

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Nothing moves a sub like news!!!

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crockett
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quote:
Originally posted by rickpic:
If I were buying more right now it would be at .0004 because thats the only place I would get filled!

Yea I couldn't resist I just put in another order for 500,000
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Looks like your 500,000 just filled, Crockett.
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What is the symbol?
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rickpic
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CALI

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Nothing moves a sub like news!!!

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quote:
Originally posted by dp2002:
What is the symbol?

CALI is what's out there for today
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stickfigurefred
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I'm in with some lark money, hopefully we don't go down with the ship [Smile]
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So svxp is ready for tommorrow?

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DP out!

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Sounds like another TWOG pump and dump to me.words to the wise,watch out for the leader [Wink]

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Thanks,
Brian

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can't dump it too far! The only place this baby is going is up!
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