V1 OPERATOR ANCHORED VESSEL IN ORDER TO FIX A FUEL PROBLEM.  WHILE V1 WAS ANCHORED THE VESSEL WAS SWAMPED BY A WAVE FROM THE TRANSOM(STERN).  V1 CONTINUED TO TAKE ON WATER FROM THE TRANSOM.  V1 WAS COMPLETELY SWAMPED BY WATER AND CAPSIZED, TOSSING ALL PASSENGERS INTO THE WATER.  THE FOUR PASSENGERS REMAINED WITH V1 HOLDING ON FOR APPROXIMATELY 30 MINUTES UNTIL A GOOD SAMARITAN NOTICED V1 AND RENDERED AID.
KEY BISCAYNE                  