Seafarer Exploration Corp (SFRX)

[hedge_fun]

Unlike SFRX, the Defendant actually earns revenues.....

Well, his company does. It appears SFRX is the one struggling.

In September of 2016 the Company issued 5,000,000 shares of restricted common stock to one of its legal advisors. The shares were issued as retention bonus for the advisor’s willingness to forego receiving payment for services rendered for lengthy time periods, appreciation for past legal services rendered, as well to induce the advisor to continue to provide services on favorable terms to the Company.