Slower coin sales at Tampa treasure hunter Odyssey Marine

On 12/08/2008
In Auction News
0 comments

From Tampa Bay

Tampa treasure hunting company Odyssey Marine Exploration Inc. said slower sales of gold and other coins from shipwrecks it has discovered reduced its revenue for the second quarter.

Revenue fell to $1.1-million from $1.7-million in the same period of 2007, and Odyssey reported a quarterly loss of $5.4-million in the latest quarter compared with a $6.3-million loss in the same three-month period last year.

Odyssey said it continues to work on several potential shipwreck sites and is helping to develop an 11-episode primetime TV series for Discovery Channel scheduled to air in early 2009.

OMEX gold Florida

Shipwreck seeking robot diving for dubloons

Taking a piggyback on its ship the Odyssey our robotic underwater search machine transports itself to shipwreck sites of old to seek out...
Treasures from the world's most valuable shipwreck

Treasures from the world's most valuable shipwreck are being displayed in New York 400 years after they sunk to the bottom of the sea off Florida's coast.
Odyssey Marine Exploration reports nearly nothing in revenue

Tampa-based Odyssey Marine Exploration Inc.’s revenue shrunk to nearly nothing in the year’s third quarter.
Tampa’s Odyssey Marine

For more than two decades, Tampa’s Odyssey Marine Exploration has reveled with a reputation as a swashbuckling, deep-ocean treasure hunting enterprise.
Stunned divers find £600k buried treasure in 300-year-old shipwreck

The family were shocked to find over 50 gold coins in the wreck at the bottom of the ocean - from a ship that sank in 1715

Add a comment

Name

E-mail

Website

Message

Preview

Anti-spam