THE FIRST CONTRIBUTING FACTOR TO THIS ACCIDENT IS BILGE PUMP FAILURE.  THE SECOND CONTRIBUTING FACTOR IS V1 WAS OVERLOADED AND THE WEIGHT WAS NOT PROPERLY DISTRIBUTED.  WHEN V1'S BILGE PUMP FAILED THE OPERATOR TRIED TO JUMP THE VESSEL ON PLANE.  HE INCREASED THE THROTTLE BUT THE HELM WAS HARD TO EITHER PORT/STARBOARD, HE COULD NOT REMEMBER, AND V1 TILTED SHARPLY.  ALL OF V1'S WEIGHT WAS TO THE SAME SIDE AS THE VESSEL TILTED.  THIS CAUSED THE VESSEL'S GUNNELL TO DIP BELOW THE WATERLINE AND FILL WITH WATER.  THE VESSEL DECENT WAS RAPID, RESTING ON THE BOTTOM IN APPROXIMATELY 3 MINUTES.
BIG PINE KEY                  