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Microcap & Penny Stocks : RMS TITANIC INC (SOST) -- Ignore unavailable to you. Want to Upgrade?

To: DavidCG who wrote (92)	8/8/1998 3:11:00 PM
From: DavidCG	Respond to of 217

I found the Boston Globe article to which you refer. First, let me say, this is one article by one Boston Globe editor who seems very mad that anyone should profit over the Titanic. Period. He doesn't agree George Tulloch should charge people money for coming out to see the Titanic... that it should be "free"?... Expeditions cost money... Charging people to come out and see the ship seems a very normal thing to do... that's how SOST makes back some of the expedition costs... (contrary to belief, riding out to the Titanic costs money...) The editor is also mad that SOST is making money by displaying the artifacts for public display... he'd much rather a museum to be enjoyed by all. And he's even mad that SOST sells lumps of coal from the Titanic for profit... not normal coal, mind you, but coal that has been compacted by 13,000 feet of water pressure. Yes, I admit... SOST is there to make money. SOST is guilty as charged. All except for that auction reference... RMS TITANIC INC. (SOST) isn't the company making auction claims... another company is. It's 2300% increase in revenues for the first quarter of 1998 are its result. Here is the link to the article... see if this guy doesn't seem a little bit disturbed that SOST wants to actually make money off the Titanic. boston.com Titanic's Tulloch: How low will he go? By Alex Beam, Globe Staff, 08/07/98 My old friend George (''I am not a huckster'') Tulloch - ''old friend'' meaning someone I've crossed swords with in the past - is up to his tricks again. Tulloch has taken on a patina of legitimacy of late, and hates being reminded of previous goofball schemes, like his involvement with the 1987 television show ''Titanic ... Live,'' hosted by Telly Savalas. In that little episode, Savalas opened what was purported to be the Titanic's purser's safe, which Tulloch's pals had hauled up from the briny deep. Did you already guess that the safe contained nothing of value? It was just two years ago that Tulloch was hawking lumps of Titanic coal for $25 a shot, and then invited a boatful of suckers, at a cost of up to $6,000 per person, to come watch him raise an 11-ton portion of the Titanic hull from the ocean bottom. That effort crapped out, leaving Tulloch ''overcome with grief,'' according to a spokesman. Tulloch stopped grieving long enough to open up yet another Titanixploitation event, the artifact exhibition under way at the World Trade Center. But now George is preparing to cross an ethical line that no one has breached before. When Robert Ballard of the Woods Hole Oceanographic Institution discovered Titanic's hull in 1985, he observed the maritime version of the famous Sierra Club vow: He took only pictures, and he left only bow wakes. Ballard viewed the ship as a graveyard, and promised not to disturb the site. Tulloch, who has collected hundreds of artifacts from the debris field surrounding the hull, has also vowed not to disturb the ship proper. ''He made that promise to our faces,'' says James Delgado, director of Vancouver's Maritime Musuem. Like other Tulloch promises - that he would never break up the exhibit, that he would build a Titanic museum - this vow is soon to be history. Tulloch is now in the North Atlantic, bobbing over the Titanic site. His primary aim is to raise that chunk of the hull that slipped his grasp two summers ago. But he has also promised the Marconi family that he will bring back the famous radio that broadcast the ship's ill-fated SOS. (If recovered, the radio would be loaned to the Guglielmo Marconi Foundation and Museum of Bedford, N.H.) ''It's hanging by a wire and the family has asked us to recover it,'' Tulloch told me via radiophone, hinting darkly that rival Russian divers also covet the transmitter. ''We're going to attempt to get it because it's a pretty important piece.'' The device is inside the ship's radio room. Tulloch's numerous critics say his divers have already monkeyed with the wreck. For instance, they pried the masthead light from the exterior of the wreck. And it would appear that yet another Tulloch promise is about to be deep-sixed. A promotional letter from Titanic Exhibitions Pty. Ltd. mailed to potential sponsors of an artifacts exhibit in Australia mentions '' the Auction: At the completion of the exhibitions, most artifacts will be auctioned in either Los Angeles, Sydney, London, or New York, in what promises to be one of the most exciting auctions of all time.'' Did I mention that Tulloch also vowed never to sell off Titanic curios? Tulloch said he has been contacted by promoters in Australia, but knows nothing of any auction. ''You're the first person to tell me about this,'' he said, adding, ''You come up with the darnedest things.'' >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> A humorous article. Good Trading! -DavidCG