Investor Feedback
From: Lance Davis -- received January 17, 2008
Sir,

My sister and I have visited Key West, with our parents, since we were children. Having visited the original vessel that served as a museum, we have been fascinated with the hunt for treasure from childhood. We never passed up the opportunity to visit the museum each time our family vacationed in Key West. We may now be in a position to invest with your company and would like to receive more information on the terms of investing. Having dived for close to twenty years, we would love the opportunity to dive on one of the sites and need to know the terms of doing so.

Enclosed is a photo of the two of us with Mel in the early 1990's. He was quite a fellow and we enjoyed meeting him.

Yours truly,

Lance Davis


From: Dr. David J. Pfent II -- received July 09, 2007
Shawn,

Just a note of Thanks for taking the time on short notice to arrange a dive on the Margarita site. The weather and diving conditions could not have been better! The whole crew on the Blue Water Rose were very hospitable, even during their frenzied diving pace. These guys are really working hard for all the investor's out there. If any crew can find the Margarita mother lode, they will. What an experience! Thank the crew again. See you soon.

Sincerely,

Dr. David J. Pfent II


From: Walter Dahlman -- received June 23, 2007
Shawn and Grant,

I want to thank both of you for all your help in setting everything up to dive the Atocha site. Give my thanks to the Magruder crew as well, they were terrific. Had a magnificent time look forward to seeing you all again in the fall and division week. If you give your shirt sizes, I'll get you all a Nassau County Sheriffs Shirt or hat, whichever you prefer. Thanks again for some great diving. Congrats again on finding more gold, keep up the good work.

Today's the Day,

Walter


From: John B. Grapsas, PE -- received June 11, 2007
Great news!! Guess we were off by a week this year! But had a great time. Wish we had the chance to get out more! Thanks for trying to get us out. Had diner with Gary and his wife along with some others on Thurs night. Really enjoyed spending some time with him, Norwood, Grant the Chris the Clam Farm investor. Thank the Dare crew again for their hospitality. Good luck and will try to come down again before the summer is over to get some more diving in.

John


From: Barry Rugh -- received May 24, 2007
Hi Guys,
Just want to thank all of you for your thoughtfulness & help in making my dream come true of diving on the Atocha. Captain Andy, Chris Norwood and the Magruder crew couldn't have been nicer and more helpful. Please thank them for me when you get a chance.

I will be returning this September 9 thru 16th with my wife to go to "Emerald City" on the 10th, then hopefully get a few days of diving again on the Atocha. I enjoyed learning several new diving techniques and look forward to using them again on the Atocha. I hope myself and the other investor divers were not too much of a nuisance. Again, it was truly a wonderful time. Thank you!!!!!!!!

Barry Rugh


From: Monty Tedder -- received May 9, 2007
Good Morning,
Diana and myself would like to thank you and the rest of the staff for making us feel like one of the family. Thank you and Barbara for making it possible for us to go to Emerald City. We had a great time and look forward to seeing you'll again soon. We were please with the division, but you did throw me a curve, when you started with the split shot. Thanks again for all you do.

Monty Tedder


From: Skip McGee -- received March 16, 2007
Just back in Jersey, but wanted to thank Shawn, Grant, Joe and the Crew for a great time diving and a life time experience. There are many forms of treasure and you have made a dream come true for myself and my family.

Happy Treasure hunting!!!

Skip

From: Dave J -- received March 11, 2007
Thank You Grant for the great time!! Just goes to show, you don't have to find treasure to have a wonderful time.

Kind Regards,
Dave J

From: CJ Rhoades -- received September 25, 2006
Hellloooo everybody!! This is CJ Rhoades of the The Three Buccaneers, recently myself, my brother Tim and his wife headed south for the latest round of emerald hunting. We arrived in Key West late Sunday night and after a little rest it was up early Monday morning to head for the dock to meet up with Captain Ryan of the Whitewater.

Upon ariving at the dock we met up with the other investors and Captain Ryan. Everyone was loaded aboard Whitewater and we headed out for the JB Magruder. While taking the hour long ride out I had the theme from the Indiana Jones movie stuck in my head. Along the way we ran in to some waves, cloudy skys and a little rain which made the Indiana Jones theme play even louder.

We arived at the the Magruder and were welcomed aboard by Captain Andy and his crew (Bill, Kent, Ryan). We started sifting and before long we had an emeraled, then another, and another, a total of 10 for the day. Everyone who went that day had found one or more. We had a great day aboard the Magruder thanks to Captain Andy and his crew who made us feel like we were part of the crew. The sun had come out with a nice breaze that made it very comfortable on the boat.

Well it was time to say farewell for the day, so we were shuttled back to the Whitewater and Captain Ryan headed us back to Key West. Along the way the clouds were starting to roll in and we sighted a small funnel cloud off in the distance, and the waves were starting to pickup again. Then it happened, about half way back one of the two motors sheared a prop pin, so we were down to one motor. Captain Ryan had everyone move forward to help plane out the boat, we are down to about 18 knots instead of 40 knots.

The waves were getting bigger and the farther we went the slower we were going with motor alarms going off; it was not looking good. Now remember that Indiana Jones theme in my head, well it quickly turned to the Gilligan's Island theme song.

Captain Ryan did his best and by about 7:00 pm we were about a 100 yards off the coast of Key West. Thats when the other engine finaly gave up, but Captain Ryan had called for another boat to rescue us and he showed up in no time. We boarded the other boat and were wisked in to Hurricane Harbor where Shawn Cowels was wating for us with the tab at the bar open. All in all a great day and everyone was back safe. Everyone involved was great, it truly was "Today is the Day".

CJ Rhoades

From: Bob Pell -- received September 15, 2006
Hello! Just thought I'd write a little something about my recent trip.

I arrived in Key West on a Friday in late August anxious to go diving on the site over the weekend. Several of us were scheduled to go, but the others cancelled, so it turned out it was just going to be me on Saturday!

I met the Lucky Dog and Captain Chris at the marina Saturday morning and we began our journey to the site. It was a smooth and very nice trip. When we arrived at the site the Dare was already busy at work. We transferred all my gear and boarded where I met the crew, received a briefing and a tour of the Dare. Then it was time to dive and look for treasure!

We all went into the water and down to the freshly blown hole. Chris and I worked the bottom of the hole while two crewmembers worked the sides with a metal detector. Towards the end of the dive I found an EO! After about 15 minutes It was back on the boat and time to blow another hole.

This went on all day. Blow a hole, search it. Blow a hole, search it. It was not what I expected. As a recreational diver when you go to a dive site you go somewhere specific. A reef. A wreck. A wall. I pictured going to the site, diving on a reef with lots of fish and poking around holes looking for treasure until my air was gone. That was not to be the case. The site is miles and miles of sand and seashells. Thats it. It was all work, all day. No goofing around. After I got over the initial shock of what the site actually was and got into working it, I had a great time. I had to do a good job because there is not going to be anybody going back over where we checked. If we don't find it its probably gone forever.

At the end of the day all that was found was my EO. I was kind of depressed. Not because we didn't find piles of gold, but because we didn't really find anything! We worked hard all day and had nothing to show for it. Chris and I said our goodbyes to the Dare crew and then it was back to Key West. I ran into Shawn later that evening and expressed my diasappointment over not finding anything. He gave me a pep talk and summed it up in 11 words. "Bob" he said, "thats why its called treasure hunting and not treasure finding". I felt much better and was ready to go back out the next day, but hurricane Ernesto was approaching.

Sunday morning came and we were a go! Myself and three other investors met at the marina and began our journey to the site. Before we got to the site we saw a familiar boat heading in to Key West. It was the Dare! Apparently sometime after we had left the day before there was a problem with one of the mailboxes, so they decided to head home first thing in the morning. The seas were starting to get rough anyway, so I suppose its just as well. It would have been nice to let us know before we went all the way out there, however. When we got back to Key west I hooked up with a dive store and went out on a couple of dives. I don't get the chance to dive Florida often so I'm not going to let a chance slip away.

After being on the site I fully understand the magnitude of this operation. Having to search every inch of the site is an awesome undertaking. Now I can see why its taken years.

I would like to thank everybody for making my trip a memorable one. From my first phone call about becoming an investor to the present time I have been treated with nothing but respect and kindness by the Mel Fisher's Treasures team. It is a first class organization with first class people. Thank you all!! I also want to thank Captain Papo and the crew of the Dare. Hard working guys every one of them! And lets not forget Captain Chris Norwood and the Lucky Dog. I had a great time and cannot wait to get back down there.

Bob Pell

From: Kent Harder -- received August 16, 2006
Hi Joe, Shawn, and Grant,

Attached are some pictures I took while diving on the Magruder last weekend. It was a most memorable trip for my wife and I. Two of the pictures are of my wife and Andy holding the gold-washed plate that Andy found.

Thanks to all three of you for making this possible.

Sincerely,

Kent Harder

From: Stuart Bernstein -- received July 31, 2006
Grant,

I wanted to thank you, your staff and the Fisher family for putting on a great Celebration Week. Everyone we met, other investors, the Fisher family, members of their organization, and the recovery crew, all really took the time to explain the history and their stories with us. These are memories I will never forget.

Please pass on my thanks to the people on board the J B Magruder, Captain Andy, Bill, Kent, and Ryan for working with us and explaining what they do.

Also, Please pass on a thank you to Lucky Dog Captain and Dive master Chris Norwood for delivering us to the J B Magruder and guiding us through our dives. It was truly awesome to participate in the whole recovery operation.

Finding a coin was certainly one of the highlights of our dive adventure as well as being with the crew when they recovered many artifacts, including 2 cannonballs and several silver coins. I can't wait to find out what the E.O.s are and the condition of the objects recovered, including the coin I found.

The true pleasure and reward from the whole experience are the relationships that have been started and the opportunity to get to know some of the Fisher family members and their organization. These are the real treasures and are worth more to my wife and me than anything found on the ocean floor.

Talk to you soon and see you in May,

TODAY'S THE DAY!!!!

Stuart & Susan Bernstein

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