CALI Holdings, Inc.

[ctb]

I don't know if the selling today was MM games or not - not that I'd be surprised by that. But a lot of folks who bought around .0003 and .0004 probably sold. I'm in at .0007 and am going to hold for a while.

I managed to find one semi-direct link, as follows, between Captain Bob MacKinnon (who's been doing much of the exploring apparently) and SVXP (Effective October 17, 2005, Robert D. Baca was appointed Chief Executive Officer and President of the Company, and Curtis R. Sprouse was appointed Chief Operating Officer of the Company)

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Read this article and note paragraph in bold:

C.B. wreck hunters reveal treasures Riches worth hundreds of millions in waters near Sable Island

Monday, November 15, 2004 By TERA CAMUS

MAIN-A-DIEU - A share of sunken treasure recovered off the coast of Cape Breton this summer was handed over to the province Friday.

Officials with Le Chameau Explorations Ltd., a treasure hunting company based in Cape Breton, delivered dozens of precious gold, silver and copper items, including coins, sword handles, silverware, crosses and pieces of ships. The items were recovered during the summer from several wreck sites off Cape Breton and near Sable Island.

"These wrecks are worth hundreds of millions," a soft-spoken Capt. Bob MacKinnon of Le Chameau Explorations said last week in his lab.

Nearby, staff and marine archeologists quietly and carefully packed the goods recovered so far for shipment.

The treasure was discovered in 2002 from an area that some treasure hunters have called the richest shipwreck site in the world.

Mr. MacKinnon said parts of Nova Scotia's coastline are among the richest in the world based on the number of wrecks, estimated to be in the thousands.

The province takes a 10 per cent share of all goods recovered from such wrecks. Le Chameau Explorations and its shareholders get the rest to sell at auction houses, mostly in Europe or the United States.

This summer's find included newly minted New England gold coins from the 1700s. The coins, the size of a loonie, were found near a French wreck containing gold coin lost in the 1800s when heading for Louisbourg.

To continue its treasure hunting, the company plans to hire another 50 workers next summer to join the staff of 20, which includes many scientists like James Sinclair, the first archeologist to visit the Titanic when she was found.

Next summer, Mr. MacKinnon's company, along with American parent Sovereign Marine Explorations, hopes to get the green light from the province to begin searching several other sites as well, including that of the 1822 wreck of L'Africaine near Sable Island.

Among the wreck sites the company has pinpointed for recovery next year includes an area near St. Paul Island that's believed to hold rare gold coins and other precious goods stolen from the White House during the War of 1812.

"If we can get to it (the Washington wreck site) . . . items recovered below could go up over $1 billion in value," Mr. MacKinnon said with a smile.


http://www.freerepublic.com/focus/f-news/1280945/posts

Now here is a website (if you can call it that) for Sovereign Marine Explorations, the parent - according to the above article - of Mackinnon's company:


Sovereign Marine Explorations, Inc.
For Investment opportunities please contact:
Robert D. Baca - Chief Financial Officer
Sovereign Marine Explorations Inc.
110 South State Street, Suite200
Newtown, PA. 18940
Phone [phone] Fax: [phone]

http://www.sovmarex.com/investment_opportunities.htm