A great volume of marine geological and geophysical survey and ocean floor drilling data available demonstrates that there are many ancient continental fragments and crustal remnants discovered from different localities, namely ocean floor plateau, abyssal plain, mid ocean ridge, transform fault as well as ocean trench, in the present day Atlantic, Indian and Pacific oceans. It is interesting to note that a considerable number of fragments are distributed mainly in continental magnetic anomaly areas of South America, Africa, Europe, Antarctica and Oceania extending into oceanic basins, as is shown on the Magnetic Anomaly Map of the World, suggesting that parts of the recent oceans are deep sea basins with floors being of the nature of continental crust rather than oceanic crust. Nevertheless, the floors of these deep sea basins on the Geological Map of the World are illustrated as Cretaceous oceanic crust by the use of the model of sea floor spreading produced according to the Vine—Matthews hypothesis, which does not agree with where it is. For this reason, we cannot but question about the present model employed. In our opinion, in order to effectively make paleotectonic—paleogeographic reconstruction and restore the tectonics of various geological stages to its original features, it is necessary to search not only for disappeared oceans in the orogenic belts of different periods, but also for submerged land masses in the oceans of different periods in studying their tectonics. We consider that during the processes when a continent was transformed into an ocean due to rifting or an ocean into a continent through orogeny there invariably took place physical and chemical action between Earth’s layered spheres, especially between the crust and mantle. Therefore, if the problem concerning the formation and evolution of continents and oceans is expected to be satisfactorily explained, we must direct our more attention towards how and why material and energy transformation occur between the crust and mantle and the mantle and core, and between the layers within the crust, mantle and core, while studying the horizontal motion of material.