SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 of 15(d) of the
Securities Exchange Act of 1934
June 2, 2005
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Date of Report (date of earliest event reported)
ODYSSEY MARINE EXPLORATION, INC.
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Exact name of Registrant as Specified in its Charter
NEVADA 1-31895 84-1018684
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State or Other Jurisdiction Commission File IRS Employer Identification
of Incorporation Number Number
5215 West Laurel Street
Tampa, Florida 33607
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Address of Principal Executive Offices, Including Zip Code
(813) 876-1776
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Registrant's Telephone Number, Including Area Code
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On June 2, 2005, Odyssey Marine Exploration, Inc. (the "Company") entered
into a Lease Agreement with Jackson Brewery Millhouse, LLC, ("JBM") New
Orleans, Louisiana, for the space where the Company plans to open its first
interactive shipwreck and treasure attraction. The space is located in the
Jax Brewery in the French Quarter of New Orleans.
The attraction will reveal the stories behind some of the world's most
famous shipwrecks, their treasure and historical artifacts. It will showcase
the history, personal stores, artifacts, coins, high-definition film and
images from the SS Republic shipwreck. It will also feature interactive
exhibits that present the methods and technologies the Company uses to conduct
deep-ocean shipwreck searches and archaeological excavations.
The lease covers approximately 8,651 square feet, has a five year term
and the monthly rent is $17,570.83. The lease commences when the attraction
opens for business but no later than August 1, 2005. Among other provisions
the lease grants Odyssey the right to terminate the lease after 18 months for
any reason without penalty.
JBM has no affiliation with the Company or any of its officers or
directors.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS.
10.14 Lease Agreement dated as of June 1, 2005 between
Jackson Brewery Millhouse, LLC and the Company
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned, hereunto duly authorized.
ODYSSEY MARINE EXPLORATION, INC.
Dated: June 8, 2005 By: /s/ Michael J. Holmes
Michael J. Holmes
Chief Financial Officer