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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001263279-05-000323.txt : 20051024
<SEC-HEADER>0001263279-05-000323.hdr.sgml : 20051024
<ACCEPTANCE-DATETIME>20051024142430
ACCESSION NUMBER:		0001263279-05-000323
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20051024
DATE AS OF CHANGE:		20051024

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ODYSSEY MARINE EXPLORATION INC
		CENTRAL INDEX KEY:			0000798528
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER TRANSPORTATION [4400]
		IRS NUMBER:				841018684
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-117153
		FILM NUMBER:		051151699

	BUSINESS ADDRESS:	
		STREET 1:		5215 WEST LAUREL STREET
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33607
		BUSINESS PHONE:		(813) 876-1776

	MAIL ADDRESS:	
		STREET 1:		5215 WEST LAUREL STREET
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33607

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNIVERSAL CAPITAL CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>odyssey.txt
<DESCRIPTION>ODYSSEY MARINE EXPLORATION 424(B)(3) SUPP #1 TO 333-117153
<TEXT>
                                       Filed Pursuant to Rule 424(b)(3)
                          File No. 333-117153

ODYSSEY MARINE EXPLORATION, INC.

SUPPLEMENT NO. 1 DATED OCTOBER 21, 2005
TO PROSPECTUS DATED AUGUST 19, 2004

     The information for two of the selling shareholder did not
correctly reflect the number of shares to be offered by them, and has
been corrected below.  The numbers of shares offered reflects warrant
exercises but does not reflect any sales that may have already been
made by selling shareholders pursuant to the prospectus dated August
19, 2004.

                                       Ownership Before Offering
                                     ----------------------------------
                                     Number of     Shares
                                     Shares        Issuable
                                     Currently     on Exer-
                                     Held to be    cise of    Shares
Selling Shareholder                  Offered       Warrants   Offered
- --------------------               ----------    --------     -------
Robert R Bears, Jr.                  460,000         -0-      460,000

Robert R Bears, Sr.                  460,000         -0-      460,000

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
