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 Report (Date of earliest event reported): October 11, 2007
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Marine Exploration, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Colorado
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(State or Other Jurisdiction of Incorporation)
000-1019654 91 - 1890338
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(Commission file number) (IRS employer identification no.)
535 16th Street, Suite 820, Denver, Colorado 80202
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(Address of Principal Executive Offices, Including Zip Code)
(303) 459 - 2485
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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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))
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On October 11, 2007, Marine Exploration Inc. ("Registrant") announced in a press
release that in conjunction with joint venture partner, renowned treasure
explorer and salvager Burt Webber, the Registrant holds exclusive permits with
the government of the Dominican Republic to conduct search and recovery
operations in Serranillas and on the Silver Bank. The joint venture with Burt
Webber was signed in March 2007. The permits were signed in July 2007.
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/ Miguel Thomas Gonzalez
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Miguel Thomas Gonzalez
Chief Executive Officer
Dated: October 12, 2007