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Has anyone heard of the documentary that they are going to announce about the Tilbury? I read it on another board. Just wanted to know if anyone else had heard this.
Posts: 38 | From: Texas | Registered: Dec 2005
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No, on another bulletin board. Here it is... If this is true then it is fantastic news.
Monday, January 9, 2006 www . hfxnews . com/index.cfm?sid=3454&sc=2
Crew seeks $30m in sunken treasure
Cape Breton shipwreck thought to hold gold coins
By Jennifer Taplin The Daily News
HALIFAX - A dive team and a documentary film crew will scour the depths looking for the remains of HMS Tilbury this summer.
The ship went down in a hurricane in September 1757 off the coast of St. Esprit, Richmond Co. It was on its way to help the British attack the French fortress of Louisburg.
There were 500,000 Spanish pillar coins onboard that are worth about $58 each today.
James Cavan is a vice-president with Sovereign Exploration Associates International Inc., the American-based company that recently got the licence for the Tilbury site. They hold other shipwreck licences around Nova Scotia, including HMS Fantome.
He said if they were able to recover all the coins, the haul from the Tilbury would be worth almost $30 million.
"It was like they were going to the moon," said Cavan. "They left and they didn't know what they were going to encounter. So they carried significant coinage and equipment for surviving whatever they encountered. It wasn't like they could wire funds back."
But the coins on board aren't the only treasure. The company is joining forces with an American documentary filmmaker to record the history of the ship.
Cavan said they will announce the details of the relationship this week, but mentioned the filmmaker was nominated for a couple of Emmy awards and an Academy award.
A French team found the wreck in the late 1980s. They dug up cannon, musket shot, pieces of the ships bell, the anchor and 16 gold pieces and 430 pieces of silver.
As with many ship wrecks, the Tilbury has its own tragic story to tell. A warship with 60 cannon and 400 souls on board, the Tilbury was tied up waiting with the fleet for the coming attack on Louisburg.
On the night of Sept. 24, 1757, the Tilbury was pounded by wind and the sea, stirred up by a hurricane. Eventually, she broke and sank.
But help came from an unlikely source.
"Interestingly enough, people were saved off it by help from the French in Louisburg," said Cavan.
"Even in modern times, if there are warships battling, once one sinks - with the very rare exception of great war atrocities - the other one starts saving the downed sailors."
The French rescued 280 sailors and then imprisoned them. Of the 20 ships in the British fleet that night, only nine kept their masts.
A small ship, the Ferret, also sank. The other survivors were towed back to England.
TILBURY FACTS
- July 20, 1745 - The Tilbury, classed fourth rate, is launched from Portsmouth, England.
- August 1746: A large French convoy of merchant ships set sail for the West Indies, and a British fleet, including Tilbury, leaves Plymouth to intercept them.
- Oct.14 1746: Before nightfall, six of the French ships have surrendered.
- October 1748: Tilbury is involved in the Battle of Havana.
- 1749: Arrives at Halifax.
- March 1757: Due to actions of the French against British settlements in North America, and particularly Nova Scotia, the British government decides to send a fleet to Halifax to join the army, with the purpose of attacking Louisburg.
- May 1757: Fifteen warships sail into Halifax Harbour, including Tilbury. Another five joined them shortly afterwards.
- September 1757: The attack on Louisburg is put off and the fleet anchors in wait. The Tilbury and the Ferret sink during a hurricane.
1. Funds for the Academy of Sciences in Montreal: 61,000. livres 2. Funds for the General Hospital at Quebec: 102,000 livres 3. Funds for the General Hospital at Montreal: 200,000 livres 4. Funds for the Seminary at Quebec & Trois Rivieres: 60,000+ livres 5. Funds for the Quebec Government (loan from the Compagnie des Indes): 547,000 livres 6. Payroll specie for troops at Quebec: 82,010. livres 7. Funds for the Fortress at Louisbourg: 50,000 livres 8. Funds for the fortresses at Michigan & Quebec: [?] 9. Funds for Paris pensions for St. Louis holders: 48,000 livres 10. Funds for the Quebec government: 289,696 livres
At a minimum, the documented financial losses involving specie shipments on the Chameau amount to a total of 1,439,706 livres, or approximately 1.5 million livres. Add to this the possible personal possessions of the wealthy passengers, and the as-yet undetermined sum of Church funds and other government allocations onboard the ship, and the grand total of actual specie shipments could well exceed 2 million livres.
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And on top of that, there's the specuation about Washington DC artifacts at site CBNS-2
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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posted
Texrecruiter, are rickpick by another name. To golf57... here is the link about R/S Cali/Svxp --> link: http://www.otcbb.com/asp/info_center.asp? symbol=SVXP click 'filings' 8-k dated 10/27/05 Sub Document 2 page 1: Exchange ...
I also saw this just now posted on page 32 of this thread. Must have posted after your request. Whats really isn't clear is what shares are being reversed.......
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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I wasn't excited about the amount. I was excited about them making a film of an SVXP whipwreck. That should get the name out.
Posts: 38 | From: Texas | Registered: Dec 2005
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And people, you have to remember Original Owners Rights of countries... Salvagers are getting pounded by these rights. Seahunt, before merging with svxp had it's permits canceled on other salvage operations as well, I believe. S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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Yea, well we are getting whiplash and seasick from this stock so far anyways.....
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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Correct, but what was and is deceiving is the pr's never mention plainly about Original rights action. Svxp has, but in a "it doesn't mean anything to us" sort of way.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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No, no, I'm right with you. But this just comes down to going with your gut feeling. Not always the best way to trade in the market. You know as well as I do that most pennies are a crapshoot anyway.
Posts: 38 | From: Texas | Registered: Dec 2005
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Unfortunitly, more and more pennies are getting ruthless. That's why I play a bunch of them, don't fall in love with any, and take small profits when they present themselves. It adds up at the end of the week. A huge bummer for me is my place of employment has cracked down on computer use BIG time. I'm not even allowed to visit non company websites on my lunch hour. Guess I have to figure out wireless on my laptop and sit in the parking lot or go to the library for my daytime info fix. S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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Thorn, no, I'm not. I have read recently that SeaHunt/svxp whatever... has not finalized any agreement as US and Spain are now involved. I will try to find a link for that.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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And the link definatly will not be from Svxp websites.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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Crapshoot or not, I like Sovereign. Sprouse and Cavan are always quick to answer any questions I have. And with bringing a Civil attorney on the board along with Sea Hunt and Knollenberg, I think they are headed in the right direction.
Posts: 38 | From: Texas | Registered: Dec 2005
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Well, here's the quick history on your pal's (<- not trying to be snitty, it just sounds like your drinking buddies with them.) Sprouse and Cavan.
I hope they have time for svxp after hours from their full time jobs. I have a hard time with some older pr saying they bring years of recovery experience with them. It could of read some other type of experience... don't remember right now.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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I've never met the two. I just know what I like. How does one get so jaded? If you don't like the stock don't buy it.
Posts: 38 | From: Texas | Registered: Dec 2005
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Myself I like the stock alot. It's a shame that just before they go looking for the goodies, in April I think, there's going to be a r/s forcing me to have to get out before that happens. It would have been nice to stick around and possibly share the wealth.
Posts: 234 | Registered: Jan 2006
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It's not that I don't like the stock. It's sub-penny, there's a reason it's sub penny. Usually a start-up company with no money using stock issues as venue hoping for better things, or a company of thieves, using stock issues to line their pockets with no intent of having a product or services and/or something in the middle - a company that seems to have a viable product but for valid or questionable reasons never make it.
It's up to us as investors to do the DD and separate the good from the bad as best as we can given the data that's out there. That's why they call penny stock speculating.
Again, (imoo) you make much more money (this is shown historically in data) in the long run by playing the ups and down without getting emotional with the stock you trade. To protect my investments, I keep 1 or 2 long holds (emotional) and over 10 active shares short term. AND this is my penny portfolio only. Basically, a 10% risk factor. I can live very comfortably with this arrangement since my shorts covers my longs every time.
Just my angle, not intended as advise for trading. S5 PS: I expect a 1 to 1k reverse split with a name change anytime as well.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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stockster, even with all the insider buying? The R/S part, I mean.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money. Posts: 1032 | From: DFW | Registered: Oct 2005
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Well, one thing thats apparent is the relative ease in becoming an coo or pres etc etc, in a penny company, along with your buddies. Thats why we have to do the history searches of these company's, as well as the officers backgrounds. Oh yes, Tech1, Enron ring a bell? Just bigger fish. Here, try this link: http://www.geocities.com/p2saup33/index.html
pretty informative. At this time, I think you can insert pccn with that link info too.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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So, have you tried contacting them and asking them about how it works running both SVXP and BMSI?
Since BMSI is a consulting firm, I wonder if it even does much in a year. I believe BMSI has been around for a while, but it could still be just a side-job these guys started up while doing other things. After all, consulting is very flexible in how involved you want to get into it (unless it is your only source of income), and can be hard to get going if in a very competitive field (which healthcare is).
Worth looking into though. Nice find, Stockster5.
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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