U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                              -------------------

                                FORM 10-K/A No. 3

                              -------------------

                                   (Mark one)

  [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
               ACT OF 1934 FOR THE FISCAL YEAR ENDED June 30, 2009

 [_] TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT
                                     OF 1934

                        Commission File Number 000-24637

                            MARINE EXPLORATION, INC.
        (Exact name of small business issuer as specified in its charter)

Colorado                                    26-1878284
--------                                    ----------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
Incorporation or organization)

             535 Sixteenth Street, Suite 820, Denver, Colorado 80202
                    (Address of principal executive offices)

                                  303 459 2485
               (Registrant's telephone number including area code)

Indicate by check mark if the  registrant is a well-known  seasoned  issuer,  as
defined in Rule 405 of the Securities Act. Yes [_] No [X]

Indicate  by  check  mark if the  registrant  is not  required  to file  reports
pursuant to Section 13 or Section 15(d) of the Securities Act. Yes [_] No [X]

Indicate by check mark  whether the issuer (1) filed all reports  required to be
filed by Section 13 or 15(d) of the Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days. Yes [X] No [_]

Indicate by check mark if disclosure of delinquent  filers  pursuant to Item 405
of Regulation  S-K is not contained  herein,  and will not be contained,  to the
best of registrant's  knowledge,  in definitive proxy or information  statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K.

[_]  Indicate  by check  mark  whether  the  registrant  is a large
accelerated  filer,  an  accelerated  filer,  or a  non-accelerated  filer.  See
definition of "accelerated  filer and large accelerated  filer" in Rule 12b-2 of
the Exchange Act. (Check one):

Large accelerated filer [_] Accelerated filer [_] Non-accelerated filer [X]

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Act). Yes [_] No [X]

The aggregate market value of the shares of voting stock held by  non-affiliates
of Marine Exploration, Inc. as of June 30, 2009 approximated $19,058,063.

As of June 30,  2009,  the  Registrant  had  448,424,765  shares of Common Stock
outstanding.

DOCUMENTS INCORPORATED BY REFERENCE - None


<PAGE>




                                Explanatory Note

This Form  10-K/A No. 3 amends  our Form 10-K for the year ended June 30,  2009,
which was filed with the Securities and Exchange  Commission  (SEC) on September
28,  2009 (the  Original  Filing.) We are filing this Form 10-K/A No. 3 to amend
Part  Iv,  Item 15 in  order  to  include  Exhibit  23  Consent  of  Independent
Registered Public Accounting Firm in the document. In connection with the filing
of this Form 10-K/A No. 3 and pursuant to Rules 13a-14(a) or 15d-14(a) under the
Securities  Exchange Act of 1934, we are including with this Form 10-K/A certain
currently dated certifications.

This  Amendment  does not reflect  events  occurring  after the Original  Filing
except as noted above. Except for the foregoing amended  information,  this Form
10-K/A No. 3 continues  to speak as of the date of the  Original  Filing and the
Company has not otherwise  updated  disclosures  contained  therein or herein to
reflect events that occurred at a later date.
TABLE OF CONTENTS

                                                                        Page

PART IV

Item 15.     Exhibits and Financial Statement Schedules.................1

SIGNATURES..............................................................2




<PAGE>



PART IV
ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

The  following is a complete  list of exhibits  filed as part of this Form 10K/A
#3. Exhibit  number  corresponds to the numbers in the Exhibit table of Item 601
of Regulation S-K.

Exhibit No.    Description

  23           Consent of Independent Registered Public Accounting Firm

  31.1         Certification of Chief Executive/Financial Officer Pursuant to
               Section 302 of the Sarbanes-Oxley Act of 2002

  32.1         Certification of Chief Executive/Financial Officer Pursuant to
               18 U.S.C. Section 1350





<PAGE>





                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf by the undersigned, thereunto duly authorized.

Dated: June 25, 2010                      Marine Exploration, Inc.



                                          /s/ Mark Goldberg
                                          --------------------------------------
                                          Mark Goldberg, Chief Executive Officer
                                          (Principal Executive Officer) &
                                          Chief Financial Officer (Principal
                                          Financial Officer)



Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following  persons on behalf of the  registrant and
in the capacities and on the dates indicated.

Dated:  June  25, 2010                    Marine Exploration, Inc.



                                          /s/ Mark Goldberg
                                          --------------------------------------
                                          Mark Goldberg, Chief Executive Officer
                                          (Principal Executive Officer) &
                                          Chief Financial Officer (Principal
                                          Financial Officer)



                                          /s/ Paul Enright
                                          --------------------------------------
                                          Paul Enright, President and Director