Seafarer Exploration Corp (SFRX)

[hedge_fun]

One other thing was "omitted" in that scenario.......

I would imagine a group of people, including some on this board, would buy shares and the company entirely.

As the filings certified by Kyle disclose.....

The Company does not have additional sources of debt financing to refinance its convertible notes payable and notes payable that are currently in default. If the Company is unable to obtain additional capital, such lenders may file suit, including suit to foreclose on the assets held as collateral for the obligations arising under the secured notes.

And if you take into account all the notes in default, it wouldn't be a very good buy for $500K. SFRX has a negative net worth of over $1MM.