Tag Archives: Titanic

Premier Exhibitions, Titanic

Premier Exhibitions Announces Shareholder Approval of Merger

PremierExhibitionslogoThe expected approval of the Dinoking merger with Premier Exhibitions took place on 29 Oct 2015. According to the press release, the merger transaction will take place in the next few days. Upon merger completion, Daoping Bao will be appointed the president and chief executive officer of the company. Some shareholders have expressed the hope that Bao will fix the problems caused by poor management of the company.

Source: Premier Exhibitions, Inc. Announces Shareholder Approval of Merger With Dinoking Tech Inc (Globe Newswire-Press Release,30 Oct 2015)


Titanic

Iconic Belfast Titanic Mural Restored By Artist

Titanic mural at Newtownards Road and Dee Street in Belfast, NI. (Andy Welsh,http://www.flickr.com/photos/wallrevolution/68715920/)
Titanic mural at Newtownards Road and Dee Street in Belfast, NI. (Andy Welsh,http://www.flickr.com/photos/wallrevolution/68715920/)

An iconic Titanic mural painted in 2003 had become shabby looking due to weathering. Located at the corner of Newtownards Road and Dee Street in Belfast, the mural had become a destination for bus and taxi tours. Painted in black and white, the mural honors the ship and the workers who built it. John Stewart, who was the artist who created the mural, was able to raise £3,000 ($4,595 USD) to help complete the restoration that took six weeks.

“I’m delighted with how it looks now and I can’t wait to start my next project.”
(John Stewart to Belfast Telegraph)

Source: Artist Restores Much-Loved Titanic Mural To Former Glory (Belfast Telegraph, 29 Oct 2015)

Titanic

Auction Results(Updated)

Mrs. J.J. "Molly" Brown presenting trophy cup award to Capt. Arthur Henry Rostron, for his service in the rescue of the Titanic. Photo:Public Domain (US Library of Congress, digital id# cph 3c21013)
Mrs. J.J. “Molly” Brown presenting trophy cup award to Capt. Arthur Henry Rostron, for his service in the rescue of the Titanic.
Photo:Public Domain (US Library of Congress, digital id# cph 3c21013)

Among the other Titanic items that went up for auction at Henry Aldridge & Son on Saturday was a sterling silver cup presented to Captain Rostron by Molly Brown. The cup was given at a ceremony on 29 May 1912 to thank Rostron and crew for rescuing the Titanic survivors.

In grateful recognition and appreciation of his heroic and efficient service in the rescue of the survivors of the Titanic on April 15th 1912,and of the generous and sympathetic treatment he accorded us on his ship. From the Survivors of the Titanic.

Additionally the crew members, based on their rate, received a gold, silver, or bronze medal. The cup was estimated to bring in between $61,000-$91,000. It sold for an astonishing $200,000. The name of the buyer was not revealed.

Source:Molly Brown’s Titanic cup sold at auction for $200,000 (Fox News,26 Oct 2015)

Titanic

Is The Iceberg Photo Up For Auction Really The Iceberg That Hit Titanic?

Photograph of iceberg taken by chief steward of Prinz Adalbert on morning of 15 April 1912 near where Titanic sank. At the time he had not learned of the Titanic disaster. Smears of red paint along the base caught his attention. The photo and accompanying statement were sent to Titanic’s lawyers, which hung in their boardroom until the firm dissolved in 2002. Public Domain
Photograph of iceberg taken by chief steward of Prinz Adalbert on morning of 15 April 1912 near where Titanic sank. At the time he had not learned of the Titanic disaster. Smears of red paint along the base caught his attention. The photo and accompanying statement were sent to Titanic’s lawyers, which hung in their boardroom until the firm dissolved in 2002. Public Domain

Livescience.com has an article today that reports there is some doubt about the iceberg photograph up for auction is the one that collided with Titanic.

“There are two photos of icebergs from the area on the day following the collision, both of which purport to be the Titanic iceberg,” said Grant Bigg, an environmental scientist at the University of Sheffield in England.”

Bigg found there was another iceberg photo taken by Captain William George Squares de Carteret of the SS Minia. And believes it matches the dimensions that survivors gave of it. But there is no definitive proof that it is either.

Source:Photo of Iceberg that Sank Titanic for Sale: Is It Real?
(Livescience.com,22 Oct 2015)

Titanic

Photo of Titanic Iceberg Up For Sale

A picture of the possible iceberg that doomed Titanic along with a
statement by a chief steward is up for auction at Henry Aldridge & Son. The steward describes seeing red paint on the iceberg that came from scraping a vessel. The photograph and statement signed by the steward were given to the White Star Line lawyers Burlingham, Montgomery & Beecher. After the inquiry it was framed and hung in their boardroom until the firm went out of business in 2002.

Photograph of iceberg taken by chief steward of Prinz Adalbert on morning of 15 April 1912 near where Titanic sank. At the time he had not learned of the Titanic disaster. Smears of red paint along the base caught his attention. The photo and accompanying statement were sent to Titanic’s lawyers, which hung in their boardroom until the firm dissolved in 2002. Public Domain
Photograph of iceberg taken by chief steward of Prinz Adalbert on morning of 15 April 1912 near where Titanic sank. At the time he had not learned of the Titanic disaster. Smears of red paint along the base caught his attention. The photo and accompanying statement were sent to Titanic’s lawyers, which hung in their boardroom until the firm dissolved in 2002. Public Domain

The photo was taken by M. Linoenewald, chief steward on German liner Prinz Adalbert. The Adalbert passed through the area where Titanic sank on 15 April 1912 but the disaster was not yet known to them. He took the photograph of the iceberg and later had three other crew members sign the statement as witnesses. The picture was included in Walter Lord’s book A Night To Remember.

Four of the remaining partners in the firm are putting it up for sale
through Henry Aldridge on 24 October 2015. It is lot 209 and estimated to fetch £15,000 ($23,000USD).

Source(s)
1.Guilty: the iceberg that sunk the Titanic (16 Oct 2015, Daily Telegraph)
2. Henry Aldridge & Son website*

*Note you will need to search the upcoming auction for details on the photo and other Titanic items up for auction.

Premier Exhibitions, Titanic

Premier Exhibitions Announces Second Quarter Fiscal 2016 Earnings

PremierExhibitionslogoPremier Exhibitions, which owns RMS TItanic Inc and Titanic:The Artifact Exhibition,  has reported its second quarter 2016 results. Here is some information from that statement:

  • Gross profit decreased to $1.1 million from $3.0 million in last year’s second fiscal quarter while gross margins fell to 16.1% from 36.5% in the prior year period. The decrease in gross profit is primarily due to the decrease in revenues and an increase in production and marketing expenses related to our New York City location.
  • Total exhibition days decreased 28.4% to 1,076 as compared to 1,503 in the second fiscal quarter of 2015.
  • Average attendance per exhibition day decreased 26.7% to 366 compared to 499 in last year’s second fiscal quarter. Average ticket prices for semi-permanent and partner presented exhibitions decreased 4.1% to $16.10 from $16.79 in the second quarter of fiscal 2015.
  • Average attendance per exhibition day for semi-permanent exhibitions was 319 compared to 344 in the prior year period. Average ticket prices for semi-permanent exhibitions increased 3.7% to $22.20 from $21.40 in the second quarter of fiscal 2015.

Company president Michael Little stated that they need additional financing to keep going. “We have a working capital deficit of $1.4 million excluding the convertible debt of $13.5 million, which is included in the short term portion of note payable on the balance sheet.” Which is why they desperately want to merge with Dinoking (proxies have been mailed out for the special 29 Oct 15 meeting).

Little argues the merger will allow them to get additional capital ($5m) to fund ongoing operations and to have the company “break-even” in its operations. Otherwise he warns:

If we are unable to obtain additional financing, we will likely not be able to continue operations as they are currently anticipated or at all.

Of course there is that lawsuit out there by Mark Sellers to enforce the previous merger agreement, which could throw all plans out the window if it survives early judicial review.

Source:Premier Exhibitions Reports Second Quarter Fiscal 2016 Results(Press Release-14 Oct 2015, Global Newswire)

Titanic Exhibitions

Titanic Exhibition at National Mississippi River Museum & Aquarium Drew 154,065

 

From thonline.com (otherwise known as Telegraph Herald):

Titanic: The Artifact Exhibition” drew 154,065 people to the National Mississippi River Museum & Aquarium during its 20-week run, which ended  Oct. 11. At 5,000 square-feet, “Titanic: The Artifact Exhibition” was  the largest exhibit ever hosted at the river museum.

Source:’Titanic’ exhibit drew 154,065 to river museum (13 Oct
2015, thonline.com)

Titanic, Titanic X Files

From The Titanic X-Files:Business Insider Looks At Federal Reserve Conspiracy Theory

conspiracy-theory-alertMike Bird, who writes for Business Insider,was intrigued by a Titanic conspiracy he had learned about on the Internet. Various Titanic conspiracy theories have been around for a long time. This one involves Benjamin Guggeheim, Isidor Straus, and John Jacob Astor. All three men, so the theory goes, opposed the creation of the U.S. Federal Reserve. So their deaths on Titanic were not coincidental but purposeful and by the Rothschilds. Bird tracked down this theory along with others(The Jesuit and Illuminati ones). Needless to say, he was not impressed (nor are most people when they read up on the facts).

He mentions at the close of his article something I had not heard about:

There’s also a lot of chatter about the idea that the Titanic should
not have sunk just because it hit an iceberg — a sort of
jet-fuel-doesn’t-melt-steel-beams for the early-20th century.

Frankly I am not surprised at all if some out there are taking this
line. Some have no concept, either through ignorance of what icebergs are or simply not understanding the forces involved, that a giant block of ice can cause such crippling damage to the unsinkable Titanic. So if it could not be the culprit, then of course it opens up a world of things to consider. I will leave it at that and still pursue my personal theory that Titanic was sunk by Marvin the Martian playing with his ray gun.  🙂

Source:
There’s a crazy conspiracy theory that the Rothschilds sank the Titanic to set up the Federal Reserve (12 Oct 2015, Business Insider)