Organization and Nature of Operations Endurance Exploration Group, Inc. (the ?Company?) was originally incorporated as Tecton Corporation (?Tecton?) under the laws of the State of Nevada on January 19, 2006, as a wholly-owned subsidiary of Hemis Corporation. On December 1, 2006, Hemis declared a dividend of Tecton shares to all shareholders as of that date, and concurrently cancelled its share ownership in the Company. The effect of this dividend declaration and share cancellation was that Tecton was spun off as an independent company. Prior to June 2008, Tecton was engaged in the exploration and acquisition of uranium properties. On or about June 1, 2008, Tecton ceased/discontinued operations of its uranium exploration activities and began to restructure the company and find suitable business opportunities. Between June 2008 and December 2013, it:  Elected a new slate of directors and appointed a new management team focused on finding a suitable business opportunity;  Attempted to reorganize its balance sheet through the US bankruptcy courts by filing a chapter 11 bankruptcy petition that was subsequently withdrawn per the court?s request;  Brought current its filings with the State of Nevada;  Brought current its financial reporting and disclosure filings with the SEC;  Effected a 1 for 40 reverse stock split of its common stock;  Amended and restated its Articles of Incorporation to increase the total authorized capital stock to 110,000,000 shares, comprised of 100,000,000 shares of common stock with a par value of $.01 per share, and 10,000,000 shares of preferred stock with a par value of $.001;  Paid approximately $292,000 of outstanding debt through the issuance of 12,733,499 newly issued common shares on December 31, 2013; and  Entered into a Share Exchange Agreement and acquired the ownership interest of Endurance Exploration Group, LLC. (?Endurance LLC?), for 20,550,539 shares of common stock on December 31, 2013. Endurance LLC was formed in 2009 to explore, from an operational and financial per