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Companies: Endurance Exploration Group, Inc. (EXPL) *Premium

Company Profile

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Click HERE to view latest Press Release-7-20-17
EXPL Announces Shipwreck Recovery to Commence in August

Click HERE to view latest Press Release-6-7-17
EXPL Announces 506(c) Offering

Click HERE to view latest Press Release-5-8-17 EXPL Locates Second Wreck

Click HERE to view Latest Article -"The Wreck"

Click HERE to view Press Release -1-2-17-JV with Deep Ocean

Description

Endurance Exploration Group, Inc. (“EXPL”) was incorporated in Nevada in 2006 as Tecton Corporation. In late December 2013, the Company wholly acquired Endurance Exploration Group, LLC and changed the name of the Company to Endurance Exploration Group, Inc.  Endurance Exploration Group, LLC was formed in 2009 to research and develop feasibility methodologies to identify, acquire clear title to and ultimately salvage the cargos of shipwrecks.     

Since the formation of their “salvage” business in 2009, the Company has achieved a number of the milestones they established at the time of that formation. For example, from the 10,000-foot view, estimates suggest that the world’s oceans hold the remains of over 3 million shipwrecks. Information regarding these disasters is housed in various databases around the world.  Since its inception, the Company has identified and vetted approximately 125,000 wrecks from a number of these databases that it deems viable for further research.  They have in turn narrowed that group to roughly 400 “high interest” targets.  From their list of 400, the Company is currently focused on two primary targets and two additional secondary targets, all of which have been extensively researched by EXPL in terms of identification, title salvage economics. 

The Company’s most imminent project previously nicknamed “Sailfish” is (was) a side-wheeled steamship called the “Connaught”.  The Connaught, which EXPL located in 2014, was lost in 1860 after encountering rough waters and catching fire en route from Great Britain to the United States.  The Connaught was a passenger ship with a considerable gold cargo amongst other assumed valuables. In July 2015, US Federal Courts granted EXPL exclusive salvage rights to the Connaught but by that time the salvage season/window was well under way. The upcoming (summer) season will provide the Company its first opportunity for salvage following the Courts edict. Their efforts to commence salvage operations will depend on their ability to attract adequate capital to do so.        


With two additional projects identified beyond Connaught and recent target wreck discovered off the North Carolina Coast, Endurance is positioned to begin monetizing the work it has done over the past 6 or 7 years.  With salvage efforts on the Connaught set to commence in the current year (pending financing) it could be a busy and newsy summer for EXPL.
   

 

Company Officers/Contacts

Micah Eldred 
Guy Zajonc 
Carl Dilley 
Christine Zitman 
 

Contact Information

  • 15500 Roosevelt Blvd
  • Suite 301
  • Clearwater, FL 33760

 

Financial Reporting/Disclosure

Reporting Status U.S. Reporting: SEC Reporting
Audited Financials Audited
Latest Report Dec 31, 2015 OTCQB Certification
CIK 0001392902
Fiscal Year End 12/31
OTC Marketplace OTCQB

Profile Data

SIC - Industry Classification 1000 - Metal Mining
Incorporated In: NV, USA
Year of Inc. Not Available
Employees Not Available

Company Officers/Contacts

Micah Eldred President, CEO, Officer
Guy Zajonc VP, Business Development, IR
Carl Dilley COO
Christine Zitman CFO, Officer

Company Directors

Steven Saint Armour
Micah Eldred
Guy Zajonc
Christine Zitman

Company Notes

  • Formerly=Tecton Corp. until 2-2014

Service Providers

Accounting/Auditing Firm
Green & Company CPA's
10320 N 56th Street
Suite 330
Temple Terrace, FL, 33617
United States

Legal Counsel
Shumaker, Loop & Kendrick, LLP
101 East Kennedy Boulevard
Suite 2800
Tampa, FL, 33602-5151
United States
 
 
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9/25/2017
Rocky Mountain Microcap Conference