Sovereign Exploration Associates International Inc (CE) (SVXA) News

SVXA: SEC Suspension:

http://www.sec.gov/litigation/suspensions/2013/34-69678.pdf

ORDER:

http://www.sec.gov/litigation/suspensions/2013/34-69678-o.pdf

These guys haven't done a thing since 2005? I had it as cali, then svxe or something. Have they ever brought up verifiable treasure?
I'm going to check my trade histories because I know I owned this at one time a few reverse splits ago.....
glta

I guess the won't share the bounty on all the coins they said were on that ship. I just wait until they bring the coins up and maybe the share holders, that the left high and dry might be able to sue them or at least tie the coins up in a lawsuit. If I remember correctly, if they bring all the coins up it will be worth around 8 Billion dollars. This doesn't count any other items that they might be able to recover. Including the china from the White House, that was taken by the British. Just thought I would get my frustration out.

Form 8-K for SOVEREIGN EXPLORATION ASSOCIATES INTERNATIONAL, INC.

--------------------------------------------------------------------------------

20-Mar-2009

Other Events

Item 8.01 Other Events
Sovereign Exploration Associates International, Inc. (the "Company") has filed a Form 15 today with the Securities and Exchange Commission ("SEC") to voluntarily deregister its common stock. The Company is eligible to deregister because it has fewer than 300 holders of record of its common stock. In filing the Form 15, the Company's obligations to file certain reports and forms with the SEC, including Forms 10-K, 10-Q and 8-K, are immediately suspended. The Company expects that deregistration of its common stock will become effective within 90 days.

The Company is deregistering because it believes that the incremental cost of compliance with the Sarbanes-Oxley Act of 2002 and other public company reporting requirements does not provide a discernable benefit to the Company and is not in the best interests of its shareholders. Factors influencing the Company's decision include the following:

- The high accounting, legal and administrative costs of preparing and filing periodic reports and other filings with the SEC in comparison to the size of the Company.

- The need for senior management of the Company to devote more time to the business of the Company.

- The need to maintain the confidentiality of sensitive business information that would otherwise require SEC disclosure.

- The already limited trading in the Company's common stock..

- The fact that current trading prices of the common stock make it unlikely that the Company could effectively use its common stock to compensate employees, raise capital or make acquisitions.

As a result of this action, the Company's common stock will cease to be eligible to be traded on the Over-the-Counter Bulletin Board. The Company's securities will continue to be quoted on the Pink Sheets, but the Company can make no assurance that any broker will continue to make a market in the Company's common stock.

Sovereign Exploration Associates International, Inc. - Notification that Annual Report will be submitted late (NT 10-K)
Date : 09/29/2008 @ 10:00AM

Sovereign Exploration Associates International, Inc. Announces Positive Early Results in Nova Scotia Recovery Operations





NEWTOWN, PA -- (Marketwire) -- 09/19/08 -- Sovereign Exploration Associates International, Inc. (OTCBB: SVXA), a maritime asset recovery company, today announced positive early results in recovery operations off the coast of Nova Scotia.

The Company received a recovery permit for this site from the appropriate Nova Scotia Government officials earlier this year.




"We are excited about the coins and artifacts we have located at such an early stage in our operations, despite the challenging weather conditions brought on by the remnants of two hurricanes. In the last 3 weeks of diving, we have already discovered silver and gold coins, silverware, a large ingot, and other artifacts. We have also located several concretion areas that we believe contain additional valuable material, which the divers have simply not had the time to bring to the surface," stated Captain Robert Mackinnon, who heads Sovereign's Nova Scotia operations.





Peter Knollenberg, Chairman of SVXA, said, "Towards the end of August, the company initiated recovery operations on one of our more historically documented wreck sites, and which we believe contain a vast amount of coins and artifacts that have not yet been discovered. With an expanded dive crew, and new methods of detection which the company is employing, we believe this project will be significant, both in financial reward and historical contribution."



About Sovereign Exploration Associates International, Inc.




Sovereign Exploration Associates International, Inc. is a maritime exploration company that researches, digitally maps, records, and recovers and conserves artifacts from shipwreck sites. The Company is diversified into other marine related businesses. Through its wholly owned subsidiaries, Lavelle Holdings, Inc., and REDS Caribbean, LTD., Sovereign provides subsea marine consulting services and offshore project management services.




The Company cannot guarantee or give any other level of assurance that the shipwrecks or cargoes mentioned above will be located and/or recovered nor that a claim of ownership might be made against the shipwreck or its cargo by any sovereign authority or company. Pursuant to Section 13 or 15(d) of the Security Exchange Act of 1934, SVXA has filed form 8-K if required. For more information on the company, please visit www.sea-int.com.




Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as the term is defined in the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release the Company will appropriately inform the public.


Company Contact:

Robert D. Baca

President & CEO

215.968.0200

Thanks a lot.

250 Million Common
100 Million Preferred
10 Million 'Series A' Preferred
---
360 Million = Authorized Shares

...is what I get from that.

And the float, per the ibox, is 34,357,016.



"A sadder and a wiser man he woke the morrow morn".

https://secure.utah.gov/bes/action/searchresults

Should I take the 2-week lack of a reply to mean "NO"?

I'll ask a different question:

Will someone tell me the figure for Authorized Shares for this symbol?

TIA

Will the Transfer Agent release A/S and O/S for this stock?

I'll call 'em if they will.

Form 10QSB for SOVEREIGN EXPLORATION ASSOCIATES INTERNATIONAL, INC
http://biz.yahoo.com/e/080515/svxa.ob10qsb.html

Gulf, I don't know yet. I'm just starting to get into the website materials.

I'd call up S.E.A. and ask. Tell 'em you're an Exalted Potentate on Eye'ub and such.

If I a) had some investment money; and b) got definite info on the A/S and O/S of this stock, I'd be yumping in.
With any luck, both of these showstoppers will be resolved by July 1, if that's not too late.

Have a great trip!

Dutch what part of Nova Scotia is it supposed to be in I am heading up there next week and maybe I could check into it...

The PCGS (Professional Coin Grading Service) site tends to bear out what you say.
Their values for more common coins are said to be a bit on the fluffy side (like saying my 1872 I.H. penny is worth $90 when $80 would be closer).

But they have very serious values for 1804 Mint-State silver dollars--a coin year which did not enter circulation (but not because the British stole all of them 8 years later from the U.S. Treasury).
Serious values like $3,500,000 to $7,500,000, with the lower end much more likely. It depends on what kind of shape the coins are. None will be Proofs (the upper value).

Thanks for the info. I hadn't guessed they'd all be one year.

I know sounds hard to believe about how much the coins may fetch but two of my relatives are coin experts, one being in the business for a couple of decades. Some of this type of coin brings in some serious dough!! :)

Great story, thanks. I'm about to go to the PCGS site to see if they show anything about the 1804 silver dollars, and I'll check the Red Book when I get home.

The link to the NBC Today show http://www.sea-int.com/multimedia/SEAINTNBC.wmv

I know who (at least one of) the experienced deep-water hard-hat divers is..

What sort of coin would be worth 4 million apiece?
And if there were a few hundred of the same coin type (even if different mintage years), there would be enough duplication / multiples of some coins to make them not unique and rare enough to fetch 4 million.

Sweet mother o' jayzuss..

Quoting:
Sucks about their last filing (250 billion O/S).
Endquote.

I am guessing that you meant A/S, but it's still an unsettling number.
O/S per the iBox is around 34 million?

I'd be okay with a 500 million Authorized. Is the 250 billion figure accurate?

Thank you. After a brief first (and partial) blast-thru of the website, I have two more questions:

1) Is the Nova Scotia wreck in the PR "Le Chameau"? [Later Edit: Scratch that. Is it the "Northern Squall"?]

2) Do S.E.A. have a permit for the "Tilbury"?

Thanks.

1. Pine Tree shilling I believe was/is on the website
2. No it is not

Greetings. I couldn't manage to find this board using IHub Boards by Ticker, but a Mod elsewhere was good enough to send me a link.

I have 2 newbie questions:

1) Why is there a Pine Tree Shilling in the iBox? Side note: I sure would like to find one with my DFX, but that's unlikely in Michigan.

2) The Nova Scotia wreck mentioned in the recent PR: This isn't the Fantome, I take it?

I'm about to read the last 100 or so msgs. on this board. Apologies if the answer to either or both questions is in the posts, haven't checked them yet.

Sovereign Exploration Associates International, Inc. Announces Recovery Permit Approval for Valuable Site Off the Coast of Nova Scotia
Wednesday May 7, 8:30 am ET


NEWTOWN, PA--(MARKET WIRE)--May 7, 2008 -- Sovereign Exploration Associates International, Inc. (OTC BB:SVXA.OB - News), a maritime asset recovery and subsea construction management company, today announced it had received recovery permit approval from the appropriate Nova Scotia Government officials for one of their more valuable sites.
ADVERTISEMENT


"We are very pleased to receive the recovery permit for this area off the coast of Nova Scotia. We appreciate the cooperation and support from the proper authorities in granting us permission to proceed. We believe this site contains a large discontinuous assemblage of coins and maritime artifacts," stated Peter Knollenberg, Chairman of Sovereign.

Based on the Company's extensive research and reconnaissance dives it determined the larger portion of the wreckage site is in deeper waters. "Sovereign now has access to very experienced deep water hard-hat divers through our acquisition of an important ownership interest in REDS Caribbean LTD. The company is a commercial deepwater diving and engineering company based in Trinidad that now provides us with the in-house capability to perform deep water operations," explained Robert Baca, Sovereign's President & CEO.

"The combination of our first hand coastal knowledge, recent subsea mapping utilizing the latest developments in sensing technology, and the many reconnaissance hours spent on the site by our North American divers coupled with the deepwater experience of our REDS Caribbean divers has me very excited and optimistic about this recovery season. Never before has such a professional, technical and experienced team of divers, archeologists and curator been assembled here for such an important recovery operation. This is a very large project to bring history from the depths of the ocean to benefit the people of Nova Scotia, Sovereign and the general public at large," stated Captain Robert MacKinnon, who heads Sovereign's Nova Scotia operations.

About Sovereign Exploration Associates International, Inc.

Sovereign Exploration Associates International, Inc. is a maritime exploration company that researches, digitally maps, records, and recovers and conserves artifacts from shipwreck sites. The Company is diversified into other marine related businesses. Through its wholly owned subsidiaries, Lavelle Holdings, Inc., and Ocean King Overseas Limited, Sovereign provides subsea marine consulting services, offshore project management and engineering, procurement and construction.

The Company cannot guarantee or give any other level of assurance that the shipwrecks or cargoes mentioned above will be located and/or recovered nor that a claim of ownership might be made against the shipwreck or its cargo by any sovereign authority or company. Pursuant to Section 13 or 15(d) of the Security Exchange Act of 1934, SVXA has filed form 8-K if required. For more information on the company, please visit www.sea-int.com.

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as the term is defined in the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release the Company will appropriately inform the public.



Contact:
Company Contact:
Robert D. Baca
President & CEO
215.968.0200

The link to the NBC Today show http://www.sea-int.com/multimedia/SEAINTNBC.wmv

Tooth Fairy said he saw a piece recently about the Fathome on NBC. The wreck is said to have 20,000 coins worth almost 4 million a piece. Thats 80 billion dollars.

HI!! I'm new here and would like to know if this is a good stock. LOL
Now how many times have you seen that? LOL
Hello all!! Looks like a good possibility for a decent little run here.

That would have sucked for sure. I would have been kicking myself for sure instead of smiling as I am...

If you would have played a chart instead of the way you know this stock moves you would be out some money

3 days in a row up. Nice little runner...

Close .28 UP 16.67%

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Cherry Lassen
CEO
949-922-3003
Email Contact

Moving up againg today 24 X 28

Court finds permit refusal for treasure hunters unfair
Last Updated: Thursday, April 3, 2008 | 12:03 PM
CBC News

A legal decision has revived the hopes of a treasure hunting company in Cape Breton that wants to dive for a wreck possibly containing artifacts plundered from the White House nearly 200 years ago.

The Nova Scotia Supreme Court has ruled that Le Chameau Exploration Ltd. and its partners should have been given an opportunity to argue its case before it was denied a recovery permit.

The company wants to explore a site off Nova Scotia that is believed to contain the wreck of HMS Fantome, a British naval vessel that escorted ships from Maine to Halifax in 1814.

Fantome is said to have carried silver and china looted from the White House during the War of 1812.

An application by Le Chameau to dive off Prospect was opposed by the British government, and the Nova Scotia Museum subsequently refused to issue a recovery permit.

Gary Cursano, lawyer for Le Chameau, said Britain claimed it had jurisdiction.

"They argued that the Fantome was a British ship, therefore, if it sunk in Nova Scotia waters in 1814, then because it was a naval vessel, then they would still have jurisdiction and rights over the ship," he said Wednesday.

In a written decision, the court said the British claim should not have been accepted without question and the company should have been allowed to state its case.

Le Chameau is waiting to hear when it can do so.

Nope. Guess the chart went proverbially Southward on that one for some and Northward for others. Boy don'tcha hate when that happens.

According to some no. I guess the charts didnt show this poping back up.

I just can believe it. Is that possible?? Damnit!! Yes it is. LOL

Imagine that closed at .24.....

Man you ain't kidding......

Someone sure likes this..UP 57 percent

It's always good to do that. At least it gives people a chance to reassess if they happened to follow a someone into a bad deal.

Looks like the results are going to be identical as well. Into the toilet.

Read post 37 Overachiever. I was not aware of the O/S being 250 billion prior to this post (37). You chose to respond to post 35. I will at least acknowledge when I make a mistake. It was pointed out to me that it hovers for awhile and then heads up to 25 cent range, something I find interesting. Charts are a moot point with the companies last filing..

The chart of this stock looks like a major crash and burn. Is this another pump and dump connected to the FPA?

Sovereign PR...

http://biz.yahoo.com/iw/080410/0385555.html

Even a little pop back up to the 25 cent range would be nice for the short term. Sucks about their last filing (250 billion O/S). Perhaps they will get things in gear down the road.. I love treasure hunting so this would be a nice success story if they could bring up some serious treasure..

their last filing wont help anything.

It is hovering near it's low of 15 cents. Would love to see it reach the 52 week high or above... Looks like with the latest news things are looking brighter for the stock. That's cool...

The PPS should start to move up soon. It hovers at this PPS for a little while then heads back up to 25 plus. It has done this several times.

I actually read this one today as it is on my favorites. Quite the PR that was put out.. Quite a number of players there as well attending the conference!! Thanks TF :0)