Wednesday, May 21, 2008

Sassy Solomine

The latest from the lecture that would never end....

Solomon: "'The American Phenomenon of Treasure Hunting'...Subculture: The set of values, behaviour and attitudes of a particular group of people who are distinct from, but related to, the dominant culture in society. This concept is mostly associated with deviant groups."

Deviant groups, eh?

You mean like cross-dressing ex-TV producers with hostility issues and a deep-rooted obsession with a certain blond-haired, blue-eyed treasure hunter?

P.S. Oh yeah, the Angry Twit also took credit today for bringing the Sussex project to an end. Evidence? Odyssey didn't include a project update about it in its latest 10-Q. Gee, we're not sure, but we think the company might be just a little distracted by a little something called the Black Swan. We'll give you credit for this, though, Solomon: You're a right royal cheese dick.

UPDATE (5/21/08): In the comments section of this post, our friend Jeff K. has rightly noted that Odyssey did, in fact, address the Sussex project and provided an update in the Q&A distributed publicly for the company's annual shareholders meeting. Please read Jeff's comment for more in-depth information. Once again, proving the Angry Twit is an uninformed twat not worth listening to.

1 comment:

Anonymous said...

As usual Solomon has no idea what he's talking about. The following is from the 2008 Stockholder's Meeting Q & A.

What is the status of the Sussex project?

The Sussex project is an expedition to locate and recover the artifacts and cargo of a large colonial-period British warship, HMS Sussex, which was lost in a severe storm in 1694. Based on documentary research conducted by contract researchers and our in-house research team in libraries and historical archives in Great Britain, France and other countries, we believe that there is a high probability the ship was carrying a cargo of coins with a substantial numismatic value. Our analysis of the data was accumulated from a review of the ship's logs, court martial records, state papers, treasury books and various other letters and reports. We conducted offshore search operations on this project in 1998, 1999, 2000 and 2001. Based on the results of these search operations, it is believed that there is a high probability we may have located the remains of HMS Sussex.

On September 27, 2002, we entered into an agreement with the Government of the United Kingdom of Great Britain and Northern Ireland, which we refer to as Her Majesty's Government (HMG), which allows us to conduct an archaeologically sensitive exploration of the shipwreck believed to be HMS Sussex and to recover artifacts from the shipwreck site. The agreement provided for us to submit a Project Plan to HMG concerning the equipment, personnel and methodologies we intend to use in the exploration of the shipwreck, and the conservation and documentation of any artifacts and cargo that may be recovered. This Plan was submitted and was declared fit for purpose during 2004 with the exception of the staffing plan, which could not be completed until the actual start date was agreed upon and the availability of personnel could be determined. The staffing plan was approved during 2005 and we began exploration of the site during December 2005.

In late 2005 and early 2006, Odyssey completed to the satisfaction of HMG all work detailed in Phase 1A of HMS Sussex archaeological project plan. The Company has also completed a portion of Phase 1B. (A public version of the project plan is available for viewing at www.shipwreck.net/sussexpp.html.) The Company temporarily halted operations on the project at the request of the Spanish Ministry of Foreign Affairs while issues relative to the archaeological plan for excavation of the site, territorial and cultural resource management issues were negotiated.

On March 23, 2007, the Spanish Ministry of Foreign Affairs issued a press release to announce agreement between Spain and the United Kingdom for Odyssey to proceed with the Alboran project, which includes preliminary phases of excavation and identification of the site believed to be HMS Sussex as well as a survey of the area in which the shipwreck lies. As part of this agreement, Odyssey agreed to provide information relative to other shipwrecks in the surrounding area to the Spanish Government to assist in the protection and preservation of those shipwrecks. Odyssey also agreed to allow two archaeologists appointed by the Spanish Government to observe work on the site.

This project has been delayed while issues relating to the "Black Swan" project and admiralty claims as discussed herein are being addressed.

http://shipwreck.net/2008annualmeeting.html