<SEC-DOCUMENT>0001181431-11-057277.txt : 20111122
<SEC-HEADER>0001181431-11-057277.hdr.sgml : 20111122
<ACCEPTANCE-DATETIME>20111122133720
ACCESSION NUMBER:		0001181431-11-057277
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20111122
DATE AS OF CHANGE:		20111122
EFFECTIVENESS DATE:		20111122

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:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-169116
		FILM NUMBER:		111221369

	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>
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        <entityName>ODYSSEY MARINE EXPLORATION INC</entityName>
        <issuerAddress>
            <street1>5215 West Laurel Street</street1>
            <city>Tampa</city>
            <stateOrCountry>FL</stateOrCountry>
            <stateOrCountryDescription>FLORIDA</stateOrCountryDescription>
            <zipCode>33607</zipCode>
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        <issuerPhoneNumber>813-209-5070</issuerPhoneNumber>
        <jurisdictionOfInc>NEVADA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>Universal Capital Corp</previousName>
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            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>J.</middleName>
                <lastName>Bederman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 W. Laurel St.</street1>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <stateOrCountryDescription>FLORIDA</stateOrCountryDescription>
                <zipCode>33607</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
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            <relatedPersonName>
                <firstName>Bradford</firstName>
                <middleName>B.</middleName>
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                <city>Tampa</city>
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                <zipCode>33607</zipCode>
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            <relationshipClarification></relationshipClarification>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Max</firstName>
                <middleName>H.</middleName>
                <lastName>Cohen</lastName>
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                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
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                <zipCode>33607</zipCode>
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                <firstName>Mark</firstName>
                <middleName>D.</middleName>
                <lastName>Gordon</lastName>
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                <city>Tampa</city>
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                <stateOrCountryDescription>FLORIDA</stateOrCountryDescription>
                <zipCode>33607</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
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            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>J.</middleName>
                <lastName>Saul</lastName>
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                <city>Tampa</city>
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                <stateOrCountryDescription>FLORIDA</stateOrCountryDescription>
                <zipCode>33607</zipCode>
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            <relatedPersonName>
                <firstName>Jon</firstName>
                <middleName>D.</middleName>
                <lastName>Sawyer</lastName>
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                <street1>5215 W. Laurel St.</street1>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <stateOrCountryDescription>FLORIDA</stateOrCountryDescription>
                <zipCode>33607</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
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            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Gregory</firstName>
                <middleName>P.</middleName>
                <lastName>Stemm</lastName>
            </relatedPersonName>
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                <street1>5215 W. Laurel St.</street1>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <stateOrCountryDescription>FLORIDA</stateOrCountryDescription>
                <zipCode>33607</zipCode>
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                <relationship>Director</relationship>
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            <relationshipClarification></relationshipClarification>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>J.</middleName>
                <lastName>Holmes</lastName>
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                <street1>5215 W. Laurel St.</street1>
                <city>Tampa</city>
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                <zipCode>33607</zipCode>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Laura</firstName>
                <middleName>L.</middleName>
                <lastName>Barton</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5215 W. Laurel St.</street1>
                <city>Tampa</city>
                <stateOrCountry>FL</stateOrCountry>
                <stateOrCountryDescription>FLORIDA</stateOrCountryDescription>
                <zipCode>33607</zipCode>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>A.</middleName>
                <lastName>Morris</lastName>
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                <street1>5215 W. Laurel St.</street1>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jay</firstName>
                <middleName>A.</middleName>
                <lastName>Nudi</lastName>
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            <relatedPersonAddress>
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            </relatedPersonRelationshipList>
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    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$5,000,001 - $25,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2011-11-09</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isDebtType>true</isDebtType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Craig-Hallum Capital Group LLC</recipientName>
                <recipientCRDNumber>121395</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>222 South Ninth Street</street1>
                    <street2>Suite 350</street2>
                    <city>Minneapolis</city>
                    <stateOrCountry>MN</stateOrCountry>
                    <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                    <zipCode>55402</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>NY</state>
                    <description>NEW YORK</description>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>15000000</totalOfferingAmount>
            <totalAmountSold>10000000</totalAmountSold>
            <totalRemaining>5000000</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>1</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
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            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>true</authorizedRepresentative>
            <signature>
                <issuerName>Odyssey Marine Exploration Inc</issuerName>
                <signatureName>/s/ Michael J. Holmes</signatureName>
                <nameOfSigner>Michael J. Holmes</nameOfSigner>
                <signatureTitle>Chief Financial Officer</signatureTitle>
                <signatureDate>2011-11-22</signatureDate>
            </signature>
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</SEC-DOCUMENT>
