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Endurance Exploration Group Inc (PK:EXPL)

Business Focus: Marine Port Services

Sector:  Industrials Industry:  Marine Port Services
 
See Regulatory Filings on SEC
Company Contact
Address: 15500 ROOSEVELT BLVD, SUITE 301
CLEARWATER FL 33760
Tel: N/A
Website: https://www.enduranceexplorationgroup.com
IR: See website
Key People
Micah James Eldred
Chairman of the Board, President, Chief Executive Officer
Christine Zitman
Chief Financial Officer, Treasurer, Secretary, Director
Carl E. Dilley
Vice President, Director
Business Overview
Endurance Exploration Group, Inc. is engaged in recovering bullion, precious metals, numismatic-grade coinage, high-value non-ferrous metals, and other valuable cargos from both historic and modern shipwrecks throughout the world. The Company's primary focus is its exploration and recovery operations. The Company formed EXPL Swordfish, LLC, as a wholly owned subsidiary for the purpose of pursuing a number of shipwreck and suspected shipwreck targets located in international waters off the Southeast coast of the United States, in a joint venture with Deep Blue Exploration, LLC. The Company formed a joint venture with Downtown Television, Inc., for the purpose of developing, producing and marketing entertainment content relating to deep-sea exploration, historical shipwreck search, artifact recovery, and expounding upon the history of these shipwrecks.
Financial Overview
For the nine months ended 30 September 2018, Endurance Exploration Group Inc revenues was not reported. Net loss increased 4% to $349K. Higher net loss reflects General and administrative increase of 43% to $236K (expense), Interest expense increase from $0K to $18K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -$0.01.