Endurance Exploration Group Inc (EXPL)

[hedge_fun]

No, the last filings were a year ago…..bro!

At least the ones that matters.

There is no Rule 144 requirement to pay a divvy. Non filers do it all the time.

https://search.sunbiz.org/Inquiry/CorporationSearch/GetDocument?aggregateId=forp-f13000000850-712b21da-ad7f-4681-b1fc-66230c58f9a2&transactionId=f13000000850-33d73918-9919-4e62-9a3a-47f5efdaa59d&formatType=PDF

The NV filing is due.

Another filing from a year ago.

https://search.sunbiz.org/Inquiry/CorporationSearch/GetDocument?aggregateId=forp-f18000004619-41242271-5b64-49be-8880-c79c1bcc30ab&transactionId=f18000004619-3692bd96-8e3c-45f1-96f6-707c8818ca18&formatType=PDF

That said, the company has not announced a dividend is going to be paid. Resources have gone into equipment upgrades. The plan has always been to work in deep water, and equipment has been tested at 4000 meters. This isn’t an expensive undertaking.

If Caird is successful then a divvy might be a possibility. The History Channel project provided the funds to rule out one target and showed us what would be required to successfully salvage the Primary Target.

If other JV’s are successful then a divvy might be a possibility. The Connaught has been located and positively identified.

The company has proven their research on wrecks with the right legal profile is among the best in the business, which is why we don’t to sell discounted shares and hype the stock in order to raise funds. They’ve located over a dozen wrecks.

Those funding the projects are interested in dividing the booty from wrecks not dumping shares into the OTC market and prefer we work under the radar.

The industry has seen dramatic changes in recent years so EXPL adjusted according.

Glad to be part of the .001%.

OMEX was probably the last successful public salvage company, though they made a huge legal blunder with the Mercedes. But changes in the industry lead them in part to change their business model.