UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of earliest event reported: August 17, 2010
MARINE EXPLORATION, INC.
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(Exact name of registrant as specified in its charter)
Colorado 000-24637 91-1890338
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification Number)
535 Sixteenth Street, Suite 820, CO 80202
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(Address of Principal Executive Offices) (Zip Code)
(307)459-2485
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Registrant's telephone number, including area code
N/A
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c)
SECTION 8 - OTHER INFORMATION
ITEM 8.01 OTHER INFORMATION
Marine Exploration, Inc. ("the Company") revised its Joint Venture Agreement
with Hispaniola Ventures, LLC ("Hispaniola"). The Company has no involvement
with the pursuit of operations in or around Columbia and has not had any such
involvement since October 21, 2008.
Pursuant to the revised Joint Venture Agreement (the "JV Agreement"), we intend
to pursue recovery of one vessel we call Operation Abrojos, which includes,
without limitation, an operation to the South Reef on the Silver Bank, North of
the Dominican Republic to recover treasure from an English Corsair (Abrojos).
The Company and Hispaniola Ventures LLC are also currently undergoing
preliminary operations off the North coast of the Dominican Republic in pursuit
of additional shipwrecks granted in the September 11, 2009 contract renewal with
the Dominican Republic. This includes, but is not limited to, the shipwreck
known as "Solo Dio Gloria" for which treasure recovery operations are currently
underway.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned, hereunto duly authorized.
MARINE EXPLORATION, INC.
By: /s/ Mark Goldberg
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Mark Goldberg,
Chief Executive Officer
Date: August 18, 2010