MORE AND BEYOND OSSY
Bronze Member
We wouldn't deny any vessel, we would just charge them
.If she was speaking Spanish it would be " Thank You "
come again .Odyssey treasure will go to Spain!
- Thread starter Vox veritas
- Start date
We wouldn't deny any vessel, we would just charge them
.If she was speaking Spanish it would be " Thank You "
come again .
Salvor6
Silver Member
- Feb 5, 2005
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Ossy that is his wife describing what he is getting tonight.
seeker41
Bronze Member
- Feb 18, 2007
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and who would that be,......the united states and spainish liberal politicians
chuck.
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VOC
Sr. Member
Gibraltar was captured in 1704, during the War of the Spanish Succession (1701–1714). The Kingdom of Castile formally ceded the territory in perpetuity to the British Crown in 1713, under Article X of the Treaty of Utrecht. This was confirmed in later treaties signed in Paris and Seville. Spain later attempted to recapture the territory by force during the thirteenth siege (1727) and the Great siege (1779-1783), and reclamation of the territory by peaceful means remains Spain’s government policy.
Funny they want Gibraltar back, but wont entertain giving Ceuta back to the Moroccans.
Spain also need to learn what the term "in perpetuity" means : Time without end; eternity or in other words "for ever"
Funny they want Gibraltar back, but wont entertain giving Ceuta back to the Moroccans.
Spain also need to learn what the term "in perpetuity" means : Time without end; eternity or in other words "for ever"
Au_Dreamers
Hero Member
"Spain also need to learn what the term "in perpetuity" means "
How the heck can one expect them to understand that when they don't understand the simple term "merchant".
How the heck can one expect them to understand that when they don't understand the simple term "merchant".
Spain is broke they want the money they did nothing to get it for. everyone wants a freebie Spain no exception. But there is no such thing as a free lunch. Spain should at minimum recognize teh expertise Odyssey has in bring this treasure up which otherwise Spain would not have known about or been able to reach. Then pay Odyssey a finders fee and hire them to keep on bringing up more at an agreed rate. Thats is the honorable thing to do. Instead I get the feeling Spain is going fpor teh whole ball of wax and offer nothui8ng. Pure Greed almost half a billion dollars . Pure greed so far
Spain is broke they want the money they did nothing to get it for. everyone wants a freebie Spain no exception. But there is no such thing as a free lunch. Spain should at minimum recognize teh expertise Odyssey has in bring this treasure up which otherwise Spain would not have known about or been able to reach. Then pay Odyssey a finders fee and hire them to keep on bringing up more at an agreed rate. Thats is the honorable thing to do. Instead I get the feeling Spain is going fpor teh whole ball of wax and offer nothui8ng. Pure Greed almost half a billion dollars . Pure greed so far
Jason in Enid
Gold Member
- Oct 10, 2009
- 9,593
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sums what up? Looks like a targeted hit piece to me.
old man
Bronze Member
I have to wonder why a company would spend years investigating Odyssey Marine and spend all that money to investigate it, and they weren't getting anything out of it? Something doesn't smell right.
VOC
Sr. Member
This statement in the report shows that the Archaeological community is behind it:
"Although we are self-admitted capitalists, something strikes us as socially lacking with the concept of digging up tragic historical national graveyards to sell the heirlooms to the highest bidder"
All very sad that they have to stoop so low.
"Although we are self-admitted capitalists, something strikes us as socially lacking with the concept of digging up tragic historical national graveyards to sell the heirlooms to the highest bidder"
All very sad that they have to stoop so low.
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old man
Bronze Member
The "archaeological community" is not behind this bundle of baloney.
Meson Capital, LLC, the company issuing the report, is a hedge fund outfit. They are "short sellers".
They have a vested interest in seeing the price of a given stock decline...it is how they ultimately generate a profit.
They are vultures with ZERO credibility.
Here is a copy and paste from Meson's disclaimer (emphasis mine):
"You should assume that as of the publication date of our reports and research, Meson Capital Partners, LLC (possibly along with or through our members, partners, affiliates, employees, and/or consultants) along with our clients and/or investors and/or their clients and/or investors has a short position in all stocks (and/or options, swaps, and other derivatives related to the stock) and bonds covered herein, and therefore stands to realize significant gains in the event that the price of either declines. We intend to continue transacting in the securities of issuers covered on this site for an indefinite period after our first report, and we may be long, short, or neutral at any time hereafter regardless of our initial recommendation."
Actually, if you are an investor, you might want to play contrarian on this one.
Meson is hoping to drive the price of OMEX stock down, so that they can buy low at a later date and reap huge profits when the stock rebounds. That is how short selling works. That they have gone to such lengths to assassinate OMEX...even stooping to bringing the "morality" of shipwreck salvage into the picture is hilarious. These guys are vultures with a conscience...LOL...
Read the report and note how many times the phrase "We believe" is used by the authors...this in itself will tell you how short Meson is of actual "facts" about OMEX.
Ultimately, the scumbags at Meson believe OMEX stock is going to be significantly more valuable than it is today, that is the reason for issuing a report like this one to the general public...you gotta love hedge fund managers using phrases like "tragic national graveyards" to describe shipwreck sites...as if they cared about anything other than making a profit. These guys would sell their own grandmothers to make a buck.
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ScubaFinder
Bronze Member
- Jul 11, 2006
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Jolly Mon has the correct answer, its a typical hedge move. Drive the price down with a jaded report, buy low and wait for the rebound. A deplorable tactic, but it does work and somehow the SEC lets people get away with it. Odyssey shareholders who were doing their due dillignece could see right through that report, unfortunately many invest blindly, and then when things start to crash they react by selling at whatever price they can get. No doubt OMEX will be right back up where it was in a weeks time, many investors lost their heads and a lot of money, the hedge fund will do quite well at their expense I'm sure. Odyssey released this today:
Fla., Nov. 1, 2013 (GLOBE NEWSWIRE) -- Yesterday afternoon, a commentary about Odyssey Marine Exploration, Inc. (Nasdaq:OMEX) was distributed by Ryan Morris of Meson Capital Partners LLC. The author never contacted the company for clarifications or answers to his questions. Had he done so, Odyssey would have pointed out factual errors, incomplete information and erroneous conclusions which are rebutted by Odyssey's public filings and other publicly available information]. Odyssey is confident its existing public disclosures are accurate in all material respects, and that the company has provided a clear and concise explanation of all material information about the company and its relationships with associated companies and individuals.
Odyssey's management believes that it is in the best interest of our shareholders to remain focused on business rather than debating or responding to rumor and innuendo. However, due to the number of inquiries to the company, management felt it important to reaffirm and stand by the accuracy of all information which has been released by the company. It is also important for interested parties to carefully consider the statement the author made on the first page of his editorial attacking the company (emphasis added):
"You should assume that as of the publication date of our reports and research, Meson Capital Partners, LLC (possibly along with or through our members, partners, affiliates, employees, and/or consultants) along with our clients and/or investors has a short positionin all stocks (and/or options, swaps, and other derivatives related to the stock) and bonds covered herein, and therefore stands to realize significant gains in the event that the price of either declines."
The company believes this statement by the author, and the likelihood that this is part of an attempt to profit from a "short and distort" strategy,calls into question the motivation and intent behind the allegations as well as the timing of its release. Accordingly market authorities have been notified.
Next week Odyssey management plans to host a conference call to discuss corporate developments and to address the false and misleading statements and innuendo in the Meson Capital piece. The call date and dial-in instructions will be issued in a press release early next week.
Fla., Nov. 1, 2013 (GLOBE NEWSWIRE) -- Yesterday afternoon, a commentary about Odyssey Marine Exploration, Inc. (Nasdaq:OMEX) was distributed by Ryan Morris of Meson Capital Partners LLC. The author never contacted the company for clarifications or answers to his questions. Had he done so, Odyssey would have pointed out factual errors, incomplete information and erroneous conclusions which are rebutted by Odyssey's public filings and other publicly available information]. Odyssey is confident its existing public disclosures are accurate in all material respects, and that the company has provided a clear and concise explanation of all material information about the company and its relationships with associated companies and individuals.
Odyssey's management believes that it is in the best interest of our shareholders to remain focused on business rather than debating or responding to rumor and innuendo. However, due to the number of inquiries to the company, management felt it important to reaffirm and stand by the accuracy of all information which has been released by the company. It is also important for interested parties to carefully consider the statement the author made on the first page of his editorial attacking the company (emphasis added):
"You should assume that as of the publication date of our reports and research, Meson Capital Partners, LLC (possibly along with or through our members, partners, affiliates, employees, and/or consultants) along with our clients and/or investors has a short positionin all stocks (and/or options, swaps, and other derivatives related to the stock) and bonds covered herein, and therefore stands to realize significant gains in the event that the price of either declines."
The company believes this statement by the author, and the likelihood that this is part of an attempt to profit from a "short and distort" strategy,calls into question the motivation and intent behind the allegations as well as the timing of its release. Accordingly market authorities have been notified.
Next week Odyssey management plans to host a conference call to discuss corporate developments and to address the false and misleading statements and innuendo in the Meson Capital piece. The call date and dial-in instructions will be issued in a press release early next week.
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Au_Dreamers
Hero Member
Maybe OMEX can boost their bank if they file a lawsuit like the one that happened when some other treasure hunting company was slandered on the internet....
EDGAR Search Results <<< Hmmm
EDGAR Search Results <<< Hmmm
Here is how it works:
This is OMEX's ticker over the last five days:
Meson released the report yesterday with some press fanfare...note the nearly $1.00 drop in the price of OMEX stock yesterday (circled red) to a low of about $2.00 a share...it has rebounded somewhat today, and closed at $2.29 a share...one wonders whether the caring lovebirds at Meson swooped in to buy at $2.00 a share or whether they believe they can help force it even lower....Note yesterday and today's volume compared to the rest of the month:
This is OMEX's ticker over the last five days:
Meson released the report yesterday with some press fanfare...note the nearly $1.00 drop in the price of OMEX stock yesterday (circled red) to a low of about $2.00 a share...it has rebounded somewhat today, and closed at $2.29 a share...one wonders whether the caring lovebirds at Meson swooped in to buy at $2.00 a share or whether they believe they can help force it even lower....Note yesterday and today's volume compared to the rest of the month:
Perhaps you should look at some of the content and questions posed in the report.
As far as filing a lawsuit, the report is an opinion, which is negative, what about all of the opinions that were positive with prices such as $7/share? Would you sue them for their opinion and reasoning?
You can also note the recent trial of Mark Cuban, in which he was found not guilty.
I dont think the board needs to be reminded of the 'success' they had in Court with the Mercedes or DivingDoc.
As far as filing a lawsuit, the report is an opinion, which is negative, what about all of the opinions that were positive with prices such as $7/share? Would you sue them for their opinion and reasoning?
You can also note the recent trial of Mark Cuban, in which he was found not guilty.
I dont think the board needs to be reminded of the 'success' they had in Court with the Mercedes or DivingDoc.
So why did Meson Capital, LLC, invest all the time and money they spent in generating this report? Because they are Good Samaritans ?
Because they really care about the "tragic national graveyards" of Spain, et. al ? Because they are concerned about the financial health of the investor at large ?
Baloney.
I read the report. It has a few grains of truth tossed into heaps of opinion and innuendo. I guarantee Meson and its partners will be or have already made purchases of OMEX themselves. Actually, Meson probably has inside information and they believe the price of OMEX will increase dramatically very soon on its own. They are probably gunning for an investment homerun.
I will let OMEX defend themselves. Clearly they are prepared to do so.
