PROJECTS

Our projects are several but of primary importance is the beginning of our Philippines project which offers the greatest potential for enormous profits from the giant Manila galleons which have been labeled the biggest and richest ships in the world as stated by the Los Angeles times newspaper.

Beginning in 1560 until 1810 Spain began building very large ships which would carry treasure and merchandise from manila Philippines all the way on their 8,000 mile journey to  Acapulco, Mexico where they would have a fair each year selling some of the goods and the balance of them transshipping them on carts and donkeys across Mexico to Veracruz where they were loaded on to smaller Spanish treasure ships which would take the goods to Spain. 

• Some of these ships were up to four times larger and heavier than the typical Spanish galleons that sailed from Spain to the Caribbean and beyond. A typical Caribbean galleon would weigh 500 tons but  a manila galleon could weigh up to 2500  tons. A Caribbean galleon might have three decks but a Manila galleon and would have 5 decks. A Caribbean galleon would have approximately 150 passengers but a manila galleon could have 10 times that. 

• Now about the cargoes. In manila the ships were loaded with all sorts of exotic treasures to include but not limited to: up to 500,000 pieces of ming dynasty which included plates, bowls, teacups and vases; approximately 50 boxes of objects of worked gold  which included the most exquisite jewelry known to man; jade figurines, snuff bottles made of stone and ceramic, ivory figurines, pearls and hundreds of boxes of diamonds rubies and other precious stones. The value of just one unsalvaged  galleon could represent 1 billion dollars or more. This is based on current auction prices of these historic 500 to 300 year old porcelains. On our website we have photos of some of these items. Last year a typical 5 inch diameter Ming dynasty rice bowl sold $720,000!

• Ships leaving for manila carried up to 5 million gold and silver coins and 5,000 bars of gold and silver making the ships so heavy the weight would equal the weight of 185 automobiles! These figures represent one manila galleon. 

• Shipwreck coins are reaching an all-time high at shipwreck auction sites such at Sedgwick coins in Orlando Florida. Silver coins known as cobbs or pieces of eight are selling for up to 40,000 dollars each and recently some gold escudos have sold for 100,000 dollars each. The values depend on the age, condition of the coin, where the coin was minted and rarity.

• Mr. Warren has spent the last 12 months in the Philippines researching, interviewing locals and finding on the beaches in certain areas, the remains of five of these ships. The remains are called shards which are broken pieces of the Chinese porcelains that the waves and typhoons have washed to shore creating what we call a “scatter trail’ from the main wreck site which is hiding under the sand just off shore. In some locations we have found the ballast piles of stones that were originally placed in the bottom of these great ships to give them stability in storms. The company has five locations of these ships within four miles of each other in shallow water and that's because the ships grounded in typhoons and were overloaded with too much treasure. No one in the Philippines seems to know what a manila galleon was, or where they are. The sand hides the treasures which can be as deep as two feet under the sand to 20 feet sitting on the bed rock. This is because the objects are heavier than the surrounding sand and they sink down to bedrock.

• After the Philippines project is completed we will turn our attention to Queen Elizabeth’s treasure shipwreck in the bottom of the Firth of  Fourth river in Scotland. Mr. Warren has researched this wreck for 20 years and spent thousands of dollars doing an electronic survey named three dimensional multi-beam imaging and out of this survey Mr. Warren and the marine  survey company named Reson  agree that we might be looking at the ship upside down on the bottom of the river. We have also enlisted the advice of Dr. William Wallace noted oceanographer and physicist from San Diego state university. He has put an  X on our nautical chart showing the suspected area of the lost of the ship based on a number of factors.  We have that document to show anyone who would be interested if they sign an NDA document with us. The document is also visible in one of Bill’s books he authored which  is published.

• The ship in question was called the Blessing of Burntisland  and  it sank in the middle of the river with all of king Charles the first royal banqueting service which was Henry the 8th. gold and silver dinnerware set along with many of the kings most favored jewelry. The ship has never been found. We have more information on this if anyone is interested. Some British historians in museum directors say that the value and importance of this shipwreck in the river is compatible to the treasure and value of king tut’s tomb

• The Knights of Malta treasure ship lost in Sicily 18th century. Our information comes directly from the Vatican. The Knights warship was in a battle with a Tunisian Muslim ship. The knights lead ship the Capitina sank with 600,000 gold Maltese coins and about 300 knights of Malta plus their own personal treasure.  This rowed galley has never been found. We have the general location. The average value of each coin is $4000. There is much more information in the Vatican library in a certain letter set to the pope by a very high level Italian official.

275 tons of gold bullion on world war 2 British merchant ship. In 1941 the Nazis sank a British merchant ship carrying 275 tons of gold bullion. This formation was given to Bill by an Australian  historian named Joe Kelly. He was  told Bill he had become friends of the historian who worked for Lloyds of London and the man gave Joe Kelly the location of three such ships with enormous amounts of gold that sank in the war. One of the three ships sank off of south Africa. Unfortunately he died before he gave bill the names of the three ships but he did pinpoint one. The ship that carried the 275 tons of gold sank on a seamount off of Ireland. Bill has the location and depth of water. This would be a very expensive operation because it would require a large research type of ship to hold position in deep sea and would have a submersible that would go down and cut through the metal ship and recover the gold. Cost of search and operation would be about 12,000 dollars a day.  Joe kelly,  experienced diver and  historian said it would take about 3 to 4 weeks to complete the operation. The current value of this gold, if all of the bars are recovered, would be 17.6 billion. This just might be the richest ship to sink out of all 4 million ships that have sunk the world!