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Odyssey Marine Exploration Named Sole Custodian For FireFly Site

firefly.jpg

http://shipwreck.net/pr155.html

BDJ Discovery Group, the company that originally discovered evidence of the site, brought the project to Odyssey in 2007 and an agreement was reached for Odyssey to take over all aspects of the project. BDJ has assigned all of its rights to the artifacts and any wreck from which they originate to Odyssey in return for up to 15% of any proceeds from artifact sales after archaeological excavation, conservation, marketing and certain other expenses.

In 2005, BDJ Discovery Group filed the original arrest action against the Unidentified Shipwreck Vessel, its apparel, tackle, appurtenances and cargo located in the waters of the Atlantic Ocean approximately 12 miles off the coast of North Carolina.

To date Odyssey has claims on the HMS Sussex, the Black Swan site which produced 17 tons of silver coins, the Ancona, an Italian vessel that is believed to have carried a gold cargo, and possibly the Merchant Royal.

As a side note, the domain name "ElSalvadorshipwreck.com","ElSalvadorshipwreck.net" and "fireflyshipwreck.com" were created on Feb. 21st, 2008, the same day that Odyssey issued a press release on the motion. The "fireflyshipwreck.com" links back to Odyssey's website, the other two do not. The true owner is hidden so we can only guess that Odyssey owns all of the names.

http://shipwreck.net/pr154.html

If it turns out that the FireFly is the El Salvador, then Odyssey has just obtained a claim on the richest shipwreck north of Florida.


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This page contains a single entry from the blog posted on February 29, 2008 11:46 AM.

The previous post in this blog was Odyssey's Response To Spain's Motion For An Order Declaring Certain Materials As Not Confidential.

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