posted on Jul, 20 2009 @ 12:17 PM
reply to post by Conspiracyintheuk
I think the details of this discovery were tenuous. The structures on the sea floor had every possibility of being ballast from US and Soviet
Navies. The area was a favored dumping ground for naval waste. In this light, the later footage of indistinct straight edges and 'pyramids' could
have been dumped concrete blocks. Also the depth of the 'city' created some doubts. It was difficult to attribute sea level rises or geological
reasons for the extreme depth. Furthermore, no occupied sites across the islands supported the notion of a city...
Where Zelitsky screwed up was in her negotiations for funding and rights to the discovery. IIRC she had a $million + offer from Discovery, but tried
to encourage a 'bidding war' by inviting another mediacorp to make an offer. These expeditions can cost millions to fund. The other corp offered a
higher price conditional on viewing the video footage. They didn't feel the footage was compelling enough to risk the money and withdrew....Discovery
was peeved by the lack of faith in their own offer and also withdrew.
All this left Zelitsky with debts accrued for ship's crews, resources etc. The story ended there...for now. I'm going off memory and could be wrong
in some details