Treasure & Shipwreck Recovery, Inc. (“TSR” or “the Company”) (currently trading on the OTC as BLIS) today announced its entry into a purchase agreement to acquire the data and coordinates from shipwreck scans and technical mapping covering up to 60-mile-long areas off the east coast of Florida. According to the update, crews will use this information, which represents years and thousands of hours worth of work off Florida’s coast, for exploration and expected shipwreck recoveries. The scans and data come from an area where there are hundreds of known wrecks, many of which are historical and unexplored, with pinpoint data for locations of numerous identified and many unidentified wrecks and artifacts. “These coordinates and the research behind them represent a major coup for TSR, since they include years of scans done with great research and exploration and ready-to-dive-and-recover targets that we have acquired down to the pinpoint locations, even including documented evidence of what exists,” TSR’s acting CEO Craig A. Huffman said in the news release. “Together with new partners who will operate our main vessel as well as use partner vessels, we will be able to immediately exploit some of these locations, which hold known artifacts that can be immediately recovered and held as assets of TSR.”
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About Treasure & Shipwreck Recovery, Inc.
TSR is a Nevada corporation based in St. Petersburg, Florida, with various shipwreck area agreements being pursued and entered into for the discovery and recovery of valuable historic shipwrecks in North America and the Caribbean. The Company is also focused on the development of media opportunities along treasure themes. For more information, visit the company’s website at www.TreasureWreck.com.
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