The document proposes forming a limited liability company called Tampa Deep-Sea X-plorers to compete in the Shell Ocean Discovery XPRIZE, which challenges teams to design autonomous underwater vehicles that can map the ocean floor to a depth of 4,000 meters. The competition offers $7 million in prizes. The LLC would raise $450,000 total in capital to fund the team's efforts over multiple phases and allow members to own a 20% stake. Competing could advance technology, contribute to knowledge of the oceans, and be a learning experience for participants.