The year was 1979. I and my wife (at the time, my girlfriend) were on holidays at Lacona, Isola d'Elba, Italy.
A nice diving site called Punta Stella, on the south of the Island.
Crystal clear water, I remember that from the bottom I did see clearly our small fiberglass boat anchored above us.
Red coral, paramuricea gorgonias, and a lot of fish.
The environment was something as here, but with more fish:
We were around 38-40m, searching for lobsters for the dinner. We were diving twin tanks (as normal at the time) 2x10 liters at 200 bar, so plenty of gas. But we did only have ONE reg on each tank. Double regs were not so common at the time, although the tanks had a double valve system with reserve.
No BCD, of course, and no SPG.
The dive was planned at 42m max, 20 minutes, with deco and US Navy tables. After approximately 15 minutes, so already beyond the NDL, I did see a big lobster, retracting quickly inside a small tunnel. Like this one!
I did try to catch it, entering in the tunnel with the whole body, and leaving out just the end of the fins. I caught the lobster, and then I did try to come out with some sort of reverse kick (and some help pushing the rocks with the free left hand).
But I was badly engulfed in the tunnel. So my girlfriend did pull me out, pulling my legs. Doing that, the valve of the tank did hit several times the rock above me, and it did close entirely. So, after exiting the tunnel I had no air!
We started buddy breathing with her reg (a Scubapro 109+MK5, the same as mine - we are still using the same regs nowadays). Of course, at 40m, with a 6.5mm Rubatex wet suit, our buoyancy was quite negative, and coming up while buddy breathing a single reg, with no BCD, keeping the lobster in my right hand, was really hard...
When we reached the top of the wall, at 15m, we rested for a couple of minutes on the flat terrace above the wall. There I did think to what happened, I did understand that the valve had possibly closed, I gave it half a turn and voilà! the air was coming again...
So we did the planned deco and surfaced without problems, still with the lobster in my right hand, which was our dinner!
One week later, back in Parma, we did purchase two additional MK5+109. The whole concept of an octopus was not yet known here in Italy, and in my opinion it is still a very bad idea, because with an octopus I had suffered the very same problem.
Since then, we always did dive with at least two completely independent regs, on two separate valves. When some years later we did switch from twin tanks to lighter 15-liters steel tanks, in 1989, we did buy them with double posts and independent valves, because we did experience first hand how a valve can get closed unexpectedly...