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Instead of me explaining why a ballast pile……
that wasn’t littered with treasure means the site is a dud, I’ll share this from salvors that have worked the 1715 legacy sites and with Mel Fisher’s group.
And remember, the ballast pile at Juno is over 100 feet long, and The Baer said it was one of the biggest piles he’s ever seen. Plus, there are no cannons, which means they weren’t armed. Treasure galleons were heavily armed to protect the treasure.
The fact I have told you I have everything SFRX submitted to the state when they worked the wreck for seven years, which is about 1000 pages of documents, you’ll continue to insist I have nothing to reach my conclusion that the site is a dud. That’s okay, let’s see what someone else has to say about the importance of the ballast pile and cannons as it relates to a treasure galleon.
Here ya go……
The Cabin wreck: Called by this name because it lies seaward of a cabin once inhabited by Kip Wagner, multiple cannon and piles of ballast stone identify two separate and distinct areas, one in shallow near-shore waters, the other in deeper waters, containing what are believed to be remains of the Nuestra Señora de la Regla.
Like the Cabin wreck site, Corrigan’s has been the subject of both 18th century and modern salvage, yet much cargo remains to be found. For instance, to this day the ship’s main ballast pile has not been located—an extremely important missing piece. Ships of the period had their hulls filled with literally tons of river rocks to provide counterbalance for their top-heavy construction. Silver bars and chests of coins—also collectively weighing in the tons—shared that purpose. When we find the missing ballast, we can expect to discover tons of silver in the form of silver bars and treasure chests of coins.
https://www.mrronline.com/copy-of-history-of-the-san-jose
You find a ballast pile on a treasure galleon and you can expect to find tons of treasure. But they haven’t found anything except a few coins, which was probably someone’s pocket change.
Conclusion…..the site is a dud.
Have a great weekend. Hopefully the thunderstorms stay away and they get the scanning completed.
Who’s CONfused? That’s cute! My money is on you and I’m not going to hedge any bets.
Splice and dice and ignore the question of what firsthand knowledge about the company do you have? Where exactly have they looked? Still waiting for your answer. I’m not going to hold my breath.
All you have is speculation. Nothing more than speculation. Can’t admit that can you?
You can’t be inferring that I am blaming lightning for something. I just brought up the fact that the weather this week has possible weather conditions such as showers and thunderstorms.
I only brought it up because someone dear to your heart decided not to include it in their discussion about the company! He used the forecast to criticize the company. I pointed out that the calm sea was only part of the story. But, hey, the truth bites.
I didn’t use “lightening” for an excuse for anything! Please share how you came to that conclusion. You can’t. You just gaslight people.
It’s in the forecast. Are you, can you even honest about that? Obviously not. If you can’t be honest about the weather post, should anyone believe anything that you post?
I know there is treasure.
I know someone on here is paid to post daily.
I know he will be retiring from this board this year.
Someone offered me some great advice..
It's pointless to argue with individuals that use quotes and information from over 10 years ago. He will argue with absolutely everything that is positive. His relentless posts just prove that SFRX is getting close...
Go SFRX...is 2024 baby
This question reminds me of the affiliate…….
who claimed the treasure was 5 miles from the ballast pile.
Do you think they are only focused on the ballast pile like you are?
I am going to conclude that you don’t have a clue.
A camera link!?! What does this have to do with anything? I’m still waiting for you to give me your firsthand information about where the company has explored. Or, are you just speculating about everything? How many nautical miles have they exploded? What area(s) are they focused on?
Do you think they are only focused on the ballast pile like you are?
Since you have not answered my questions, I am going to conclude that you don’t have a clue.
Hope it works out for you. Maybe they'll......
provide an update soon and shut us critics the hell up.
Happy Friday!
looks pretty flat calm to me
I’m not going anywhere in a boat with you. Big boys are the ones who get hit with lightning.
You really think that since they are able to get off the water that they should play big boys and put gear and lives in harm’s way?
I’m going to guess that you are a big fan of the Fonzie. He just never could say … what was it?
Quote: You do realize that they are not 80 miles away. Right?
Or are you just horsing around? I’m thinking maybe you are.
______________________
Of course I'm aware of that. Point is that just because of a thunderstorm the big boys don't up anchor and run. You really don't get it, do you?
Here’s a link to a live cam at Juno…….
You do know there is debris right off the pier, don’t you?
https://www.surfline.com/surf-report/juno-pier/5842041f4e65fad6a7708b78?camId=636a838491677c05bdc299db
Since they are not 80 miles away, why would they follow your protocol? Did you write, call or fax your procedural plans? I’m impressed with your fascination with horse manure.
You do realize that they are not 80 miles away. Right?
Or are you just horsing around? I’m thinking maybe you are.
Yes, SFRX was REQUIRED to report everything......
to the state under a Recovery Permit.
ALL data, findings, and conclusions were provided to the state by SFRX.
These reports date back over a decade because SFRX hasn't been able to recover items until this year, though they claim they found one silver coin last year. Not sure how they could recover it and not conduct some sort of operations at Juno. They seem to have been suggesting they had to wait. Who knows with this outfit.
Regardless, you asked me to expand on my conclusion that the site is a dud. When I did you obviously didn't understand SFRX's history at Juno, as well as the previous salvors lack of results.
But I have all sorts of information about Juno provided by the company to the state. So slow down and tell me exactly what you want to know and I will try and answer your questions.
I also asked you to provide what info you had.
Here's the daily field log that shows when they found their very first coin at Juno. I scratched through the coordinates.
Notice that they went in early because a storm rolled in.
Quote: I brought up the possibility of lightning because it is clearly a possibility every day. It is in the forecast. Your forecast that you provided.
_________________________
As I said before 'trying to pick there out of the horse shit'.
I've been on expeditions where we were 80 miles off shore for up to three weeks at a time. So do you think just because we're subject to a line squall and some lightening, we up anchor and run for port. Get serious.
Apparently all you're doing is smoke screening for an inexperienced company that continuously displays its incompetence and lack of results.
I’m sorry Pete Repeat but I don’t want to hear the word salad response about “the bureau” report.
How did they get the information? Exactly? Did the company provide data for them? Did the company say that they have looked in the following areas? How old is the report? Is there any first hand knowledge about the company and the searching process?
Answer the questions that I asked in the previous post please.
Oh wait, you believe that the company has been searching over and over again on top of the ballast field for years!
Have not gone anywhere else?
Sure. Happy to expand. Have you not......
read the Bureau reports?
I have a 9 am call, not sure how long it will last, but I will share more later.
As far as the coordinates on any finds, I will mark those out. I'm not sharing those in a public forum, except for the site coordinates in the Court Order giving SFRX title to the wreck. I have all the daily logs for SFRX's work on the site. It's publicly available if you request it from the state.
First, they found the ballast pile.......zip, zero, nada. That's where one would find treasure if it was treasure laden. Notice how professional this is written.
The Bureau had a meeting with Judd before SFRX got involved. Sir Robert Marx had a few areas of interest, and his son-in-law (?) dove on the wreck. Raider can offer more on that if he wishes. Judd (the Old Man) is the guy that supposedly pulled a fast one on SFRX and had them looking in the wrong place. Does this guy seem like he could pull a fast one on somebody?
In addition to this, I have had discussions with the previous salvors that Judd used. It's a dud.
Later tater. I got more......lots more.
BTW....let's see what you got!
TIA
So, the “site” is a “dud” according to you. Hedge.
Can you please expand on this statement?
How do you know this precisely? Or, was that just speculation?
What site exactly?
Coordinates are preferred.
Where exactly has the company looked for treasure?
How do you know exactly where the company has searched?
And, yes, I do have the audacity to dispute your veracity and I do dare to insinuate that you prevaricate in your posts.
$$$ Today is the Day $$$$
$$$$ $frx $$$$
Zip, zero, nada bro! Not everyone is……
cut out for this industry. It’s tougher than DAWG!
Perhaps a change in management might help. Working dud sites for 16 years ain’t paid off, and it never will.
The lights should come on at some point. Not saying they will, just sayin’.
GL
Yawn! Pete and repeat! Over and over! I’m glad that you have cut and paste. No problem figuring out your agenda. No matter what the post is you respond with the same predictable, repetitive almost angry diatribes. Further, you don’t even respond to the facts of the post.
The weather report is factual. It includes showers, thunderstorms. Or, is the weather report that was used to promote the agenda correct when it “rains” on your opposition?
The site has proven to be a dud, yet……..
before they began to scan, folks were saying the site holds treasure.
There’s absolutely no data or research to support such a claim, yet the claim was made.
Further, some of the same folks making that claim were saying…..they would not have waited 2 years on the permit if they didn’t already know the site held treasure. Yet, we seen none.
Zip, zero, nada.
Here’s a little FYI……there’s basically a chance of a thunderstorm EVERY DAY in Florida.
SFRX has gone from it only takes a weekend to Kyle saying in late April that it should take several days to scan the site, as the divers have to assist the (ahem) autonomous device because the current are too strong.
They’ve had several days.
World class tech, eh?
Funny, raider21, has the ability to pontificate about things that aren’t actually mentioned. I just wanted to point out that you broadly used the weather report to promote your agenda. Period. Look at the sea! It’s all great! They will be out there every day!
I brought up the possibility of lightning because it is clearly a possibility every day. It is in the forecast. Your forecast that you provided.
And, if it occurs then I hope that you can agree that this will prevent any work on that day. So, unless you are also a weather expert and you know for certain that lightning will not occur can you, are you able to admit that while the seas are calm there may be some weather conditions that could prevent the company from working.
Or, is the agenda the issue with your responses?
Personally, I’m thinking that while the seas might be calm enough I believe that they are qualified to be able to make day to day decisions about the weather.
Thanks for your reply and it was quite telling about you.
Funny how someone that is experienced, would miss and leave out bad weather! Lightning likes to strike the highest object! Gee what would that be on the ocean? Jmo smart people would use caution!!!
So, they’re not scanning? Is that what……
you’re saying?
Thx
Quote: Just how safe is it to be on the ocean with the possibility of lightning? Are you saying that it is good to go? Or, did you even read the report?
_________________________
Sorry to tell you this but what you are trying to do is 'pick the rye out of the horse shit'. The NOOA forecast covers a lengthly part of the eastern coast line.
I'm a mariner and a seasoned diver / salvor. At sea, particularly at this time of year thunderstorms and short duration squalls come and then they go.
You are, as it appears, a landlubber and apparently know little about being at sea.
Hang in there. The scanning will go on and probably on and on and on for very good reason. Seems they just don't want to dig.
Raider21
Just how safe is it to be on the ocean with the possibility of lightning? Are you saying that it is good to go? Or, did you even read the report?
From your own post ….
Sea conditions good. Of course they're too busy with doing the 'endless' scans. Just too busy to do one proof dig to expose the tons of gold and silver treasure. What a show.
Here’s what you didn’t mention …
Synopsis
Increasing shower and lightning storms chances through the period.
Thursday
A slight chance of showers and thunderstorms late.
Friday
A slight chance of showers and thunderstorms in the morning, then a chance of showers and thunderstorms in the afternoon.
Saturday
A slight chance of showers and thunderstorms in the morning, then a chance of showers and thunderstorms in the afternoon and evening. A slight chance of showers and thunderstorms after midnight.
Sunday
A chance of showers and thunderstorms, then a slight chance of showers and thunderstorms after midnight.
Monday
. A chance of showers and thunderstorms, then a slight chance of showers and thunderstorms after midnight.
Now you know the rest of the story
Sea conditions good. Of course they're too busy with doing the 'endless' scans. Just too busy to do one proof dig to expose the tons of gold and silver treasure. What a show.
_______________________________________________________________________________
National Weather Service Marine Forecast FZUS52 KMLB
FZUS52 KMLB 251439
CWFMLB
Coastal Waters Forecast for East Central Florida
National Weather Service Melbourne FL
1039 AM EDT Thu Jul 25 2024
Atlantic coastal waters from Flagler Beach to Jupiter Inlet out 60 nm.
Seas are provided as a range of the average height of the highest one third of the waves, along with the occasional height of the average highest ten percent of the waves.
ANZ500-252030
Synopsis for Flagler Beach to Jupiter Inlet out to 60 nm 1039 AM EDT Thu Jul 25 2024
SYNOPSIS
The ridge axis of the Atlantic high is forecast to shift south from north Florida, across the local Atlantic waters, and to the south through the rest of the week and weekend as the high weakens. A few weak disturbances developing along the eastern the seaboard will be possible through the weekend, before the Atlantic high begins to rebuild early next week. Southeast winds increase 10 to 15 knots near the coast each afternoon behind the sea breeze. Increasing shower and lightning storms chances through the period.
GULF STREAM HAZARDS
None.
The approximate location of the west wall of the Gulf Stream based on the Real Time Ocean Forecast System as of Thursday, July 25th.
38 nautical miles east of Ponce Inlet. 26 nautical miles east of Port Canaveral. 21 nautical miles east of Sebastian Inlet. 13 nautical miles east of Fort Pierce Inlet. 7 nautical miles east of Saint Lucie Inlet.
AMZ550-252030
Flagler Beach to Volusia-Brevard County Line 0-20 nm
1039 AM EDT Thu Jul 25 2024
REST OF TODAY
Southeast winds 10 knots. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds. A light chop on the intracoastal waters. A slight chance of showers and thunderstorms late.
TONIGHT
South winds 5 to 10 knots. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds. Mostly smooth on the intracoastal waters. A slight chance of showers and thunderstorms in the evening.
FRIDAY
South winds around 5 knots, becoming southeast in the afternoon. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds. A light chop on the intracoastal waters. A slight chance of showers and thunderstorms in the morning, then a chance of showers and thunderstorms in the afternoon.
FRIDAY NIGHT
South winds 5 to 10 knots. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds. Mostly smooth on the intracoastal waters. A slight chance of showers and thunderstorms.
SATURDAY
South winds around 5 knots, becoming southeast in the afternoon and evening, becoming southwest after midnight. Seas 2 feet. Wave Detail: East 2 feet at 8 seconds. Mostly smooth on the intracoastal waters. A slight chance of showers and thunderstorms in the morning, then a chance of showers and thunderstorms in the afternoon and evening. A slight chance of showers and thunderstorms after midnight.
SUNDAY
North winds around 5 knots, becoming east in the afternoon and evening, becoming north after midnight. Seas 2 feet. Wave Detail: Northeast 2 feet at 7 seconds. Mostly smooth on the intracoastal waters. A chance of showers and thunderstorms, then a slight chance of showers and thunderstorms after midnight.
MONDAY
Northeast winds 5 to 10 knots, becoming east. Seas 2 to 3 feet. Mostly smooth on the intracoastal waters. A chance of showers and thunderstorms, then a slight chance of showers and thunderstorms.
Winds and waves higher in and near thunderstorms.
AMZ552-252030
Volusia-Brevard County Line to Sebastian Inlet 0-20 nm
1039 AM EDT Thu Jul 25 2024
REST OF TODAY
Southeast winds 10 to 15 knots. Seas 3 feet. Wave Detail: East 3 feet at 8 seconds. A light chop on the intracoastal waters.
TONIGHT
Southeast winds 5 to 10 knots. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds. Mostly smooth on the intracoastal waters.
FRIDAY
Southeast winds 5 to 10 knots. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds. A light chop on the intracoastal waters. A slight chance of showers and thunderstorms in the afternoon.
FRIDAY NIGHT
South winds 5 to 10 knots. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds. Mostly smooth on the intracoastal waters. A slight chance of showers and thunderstorms in the evening.
SATURDAY
South winds around 5 knots, becoming 5 to 10 knots. Seas 2 feet. Wave Detail: East 2 feet at 8 seconds. Mostly smooth on the intracoastal waters. A slight chance of showers and thunderstorms in the morning, then a chance of showers and thunderstorms in the afternoon and evening. A slight chance of showers and thunderstorms after midnight.
SUNDAY
Northeast winds around 5 knots, becoming east in the afternoon and evening, becoming northwest after midnight. Seas 2 feet. Wave Detail: East 2 feet at 8 seconds. Mostly smooth on the intracoastal waters. A chance of showers and thunderstorms, then a slight chance of showers and thunderstorms after midnight.
MONDAY
North winds around 5 knots, becoming east. Seas 2 feet. Mostly smooth on the intracoastal waters. A chance of showers and thunderstorms, then a slight chance of showers and thunderstorms after midnight.
Winds and waves higher in and near thunderstorms.
AMZ555-252030
Sebastian Inlet to Jupiter Inlet 0-20 nm
1039 AM EDT Thu Jul 25 2024
REST OF TODAY
Southeast winds 10 to 15 knots. Seas 2 to 3 feet. Wave Detail: Southeast 2 feet at 4 seconds and east 2 feet at 8 seconds. A light chop on the intracoastal waters.
TONIGHT
Southeast winds 5 to 10 knots. Seas 2 to 3 feet. Wave Detail: East 2 feet at 8 seconds. Mostly smooth on the intracoastal waters.
FRIDAY
Southeast winds 5 to 10 knots. Seas 2 feet. Wave Detail: East 2 feet at 8 seconds. A light chop on the intracoastal waters. A slight chance of showers and thunderstorms in the afternoon.
FRIDAY NIGHT
Southeast winds 5 to 10 knots. Seas 1 to 2 feet. Wave Detail: East 2 feet at 8 seconds. Mostly smooth on the intracoastal waters. A slight chance of thunderstorms in the evening. A slight chance of showers.
SATURDAY
Southeast winds 5 to 10 knots, becoming south after midnight. Seas 1 to 2 feet. Wave Detail: East 2 feet at 8 seconds. Mostly smooth on the intracoastal waters. A slight chance of showers and thunderstorms in the morning, then a chance of showers and thunderstorms in the afternoon. A slight chance of showers and thunderstorms.
SUNDAY
Southeast winds 5 to 10 knots, becoming west after midnight. Seas 1 to 2 feet. Wave Detail: Southeast 1 foot at 3 seconds and east 1 foot at 8 seconds. Mostly smooth on the intracoastal waters. A slight chance of showers and thunderstorms in the morning, then a chance of showers and thunderstorms in the afternoon and evening. A slight chance of showers and thunderstorms after midnight.
MONDAY
Northeast winds around 5 knots, becoming southeast after midnight. Seas 1 to 2 feet. Mostly smooth on the intracoastal waters. A chance of showers in the morning. A chance of thunderstorms. Showers likely in the afternoon, then a chance of showers in the evening. A slight chance of showers and thunderstorms after midnight.
Winds and waves higher in and near thunderstorms.
AMZ570-252030
Flagler Beach to Volusia-Brevard County Line 20-60 nm
1039 AM EDT Thu Jul 25 2024
REST OF TODAY
Southeast winds around 10 knots. Seas 3 feet. Wave Detail: East 3 feet at 8 seconds.
TONIGHT
South winds 5 to 10 knots. Seas 3 feet. Wave Detail: East 3 feet at 8 seconds. A slight chance of showers and thunderstorms after midnight.
FRIDAY
South winds 5 to 10 knots. Seas 3 feet. Wave Detail: East 3 feet at 8 seconds. A slight chance of showers and thunderstorms.
FRIDAY NIGHT
South winds 5 to 10 knots. Seas 3 feet. Wave Detail: East 3 feet at 8 seconds. A slight chance of showers and thunderstorms in the evening, then a chance of showers and thunderstorms after midnight.
SATURDAY
Southwest winds around 5 knots, becoming southeast in the afternoon and evening, becoming southwest after midnight. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds and south 1 foot at 4 seconds. A chance of showers and thunderstorms.
SUNDAY
North winds around 5 knots, becoming northeast in the afternoon and evening, becoming north after midnight. Seas 2 to 3 feet. Wave Detail: Northeast 2 feet at 7 seconds. A chance of showers and thunderstorms.
MONDAY
Northeast winds 5 to 10 knots, becoming east. Seas 2 to 3 feet. A chance of showers and thunderstorms.
Winds and seas higher in and near thunderstorms.
AMZ572-252030
Volusia-Brevard County Line to Sebastian Inlet 20-60 nm
1039 AM EDT Thu Jul 25 2024
REST OF TODAY
Southeast winds around 10 knots. Seas 3 feet. Wave Detail: East 3 feet at 8 seconds.
TONIGHT
Southeast winds 5 to 10 knots. Seas 3 feet. Wave Detail: East 3 feet at 8 seconds. A slight chance of showers and thunderstorms after midnight.
FRIDAY
Southeast winds 5 to 10 knots. Seas 3 feet. Wave Detail: East 3 feet at 8 seconds. A slight chance of showers and thunderstorms.
FRIDAY NIGHT
South winds 5 to 10 knots. Seas 3 feet. Wave Detail: East 3 feet at 8 seconds. A slight chance of showers and thunderstorms.
SATURDAY
South winds 5 to 10 knots. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds. A slight chance of showers and thunderstorms, then a chance of showers and thunderstorms.
SUNDAY
Northwest winds around 5 knots, becoming east in the afternoon and evening, becoming northwest after midnight. Seas 2 feet. Wave Detail: East 2 feet at 8 seconds and south 1 foot at 4 seconds. A chance of showers and thunderstorms.
MONDAY
North winds around 5 knots, becoming east after midnight. Seas 2 to 3 feet. A chance of showers and thunderstorms.
Winds and seas higher in and near thunderstorms.
AMZ575-252030
Sebastian Inlet to Jupiter Inlet 20-60 nm
1039 AM EDT Thu Jul 25 2024
REST OF TODAY
Southeast winds 10 to 15 knots. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds and south 1 foot at 4 seconds. A slight chance of showers and thunderstorms late.
TONIGHT
Southeast winds 5 to 10 knots. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds and south 1 foot at 3 seconds. A slight chance of showers and thunderstorms.
FRIDAY
Southeast winds 5 to 10 knots. Seas 2 to 3 feet. Wave Detail: East 3 feet at 8 seconds and south 1 foot at 3 seconds. A slight chance of showers and thunderstorms.
FRIDAY NIGHT
Southeast winds 5 to 10 knots. Seas 2 to 3 feet. Wave Detail: East 2 feet at 8 seconds and south 1 foot at 3 seconds. A slight chance of showers and thunderstorms.
SATURDAY
Southeast winds 5 to 10 knots. Seas 1 to 2 feet. Wave Detail: East 2 feet at 8 seconds and south 1 foot at 3 seconds. A slight chance of showers and thunderstorms, then a chance of showers and thunderstorms after midnight.
SUNDAY
South winds around 5 knots, becoming southeast in the afternoon and evening, becoming southwest after midnight. Seas 1 to 2 feet. Wave Detail: East 2 feet at 8 seconds and south 1 foot at 3 seconds. A chance of showers and thunderstorms.
MONDAY
Northeast winds around 5 knots, becoming southeast after midnight. Seas 1 to 2 feet. A chance of showers and thunderstorms.
Winds and seas higher in and near thunderstorms.
$$$ Today is the Day $$$$
$$$$ $frx $$$$
Good vol and barely any movement.
How many years is it now since Kyle began dangling the treasure carrot before foolish investors' eyes? Decades?
ARR has worked with the Fisher org.......
and may still be doing so.
They linked a 5-year-old video on their website regarding the Atocha. Around the 3:20 mark they claim that according to the manifest there are 162 copper ingots, 14 bronze cannons, 125K silver coins, 433 silver bars, and 111 gold bars still missing. Plus, the stern castle is still missing as well.
Seems that would be quite the opportunity for a first PR.
In fact, SFRX could possibly file a CT Order with the SEC keeping things quiet until everything was found.
SFRX could say something like.....MFT spent a half a century on the Atocha site/trail, and in a matter of months we located the remaining treasure using our super-duper, see all, find all, state-of-the-art device, closing the final chapter on the Atocha story.
I know some would suggest that's just trinkets but talk about a history making event. Mel could even become a footnote in the Atocha story if SFRX offered their services, for a percentage of course.
Doesn't look like the pitch went that well. Low Volume and PPS is stagnant. Maybe the discount on restricted shares was enticing enough to raise more capital.
just came across this for the first time. Looks like someone is dumping in some serious $$$ to bring up the gold in Florida. The blowers that can be moved by the crane is awesome. Hopefully there's a need for this at Juno. :)
https://ameliaresearch.com/polly-l
Quote: Now is a time of blah , but I am sure the excitement is going to be picking up soon and yes I think Kyle should have a party for us all on a yacht as we are watching 500 year old treasure come to the surface. Lol
______________________________________________
As a faithful stockholder you certainly have every reason to be optimistic and dream. That's just what it is (in my opinion) just a dream. My prediction is that Kennedy and Reynolds the toy maker are probably scrambling behind close doors wondering how to stretch the timing out indefinitely while figuring out what the 'next act' should be to cover their ass. Common sense says that at this point a precise proofing dig (excavation) would be performed on one of these 'no doubt about it' gold targets, thus proving to the shareholders that the SeaSearcher does indeed work but that's just likely not going to happen. I wonder why? For the sake of good people who have invested in this I hope I am proven wrong.
Here’s a thought, dilute the project(s)…..
not the company.
I guess you have no choice with projects like Juno, Melbourne, and Latana, which were all proven to be duds, even before SFRX arrived on the scene.
161 days……tick, tock.
GL
For the past 5 years they have issued……..
on average over 2MM daily.
Nearly $30MM, 8B shares over 16 years with one silver coin to show for it.
At least now we know why some were hyping .02 by the end of the month.
Hoping for same pump so they can dump like we saw last April after the run up.
Like Kyle said, it’s all about supply and demand. The ever growing supply is large so they need ever growing demand. Especially with such dismal results.
I am not sure I had the same question.....
I would imagine he is trying to sell restricted shares just because SFRX has been spending so much money lately on the sea searcher modifications and normal staff operations.
The way I look at it is the company has to stay funded and as bad as dilution is it's better than not having any money to do anything.
Now is a time of blah , but I am sure the excitement is going to be picking up soon and yes I think Kyle should have a party for us all on a yacht as we are watching 500 year old treasure come to the surface. Lol
$$$ Today is the Day $$$$
$$$$ $frx $$$$
is Kyle trying to selling restricted shares? How do you know he is presenting? If he is just pumping up the stock It would be more advantages to take us all on a boat ride and show all potential shareholders the day to day at Juno.
While the SeaSearcher did not see any gold or silver on its initial scan of the Ring Site, it did identify numerous materials including brass, iron, copper, aluminum, lead, and stainless steel.”
https://seafarerexplorationcorp.com/seafarer-announces-second-generation-seasearcher-2/
So, it identified all those other metals at Melbourne, but they can't tell us what it saw at Juno?
Wonder why we haven't seen the new design.
It's amusing you're responding to someone wanting........
to pay a critic to post positively.
They actually discourage discourse in general as well as positivity.....
It makes people not want to say anything at all, so just general discussion of the company is stifled which limits information any potential shareholders may learn or share.
Quote: As far as I understand it the sea searcher will only alert on Gold, silver or copper. However they are able to tell exactly what metal it is when they analyze data.
_____________________________
Don't forget the lead sheathing.
Kyle is speaking to a private equity group in South Carolina tonight. Hopefully additional investments come in over the next few days.
Who knows what kind of affect it has had on the stock price over the years
The device is a college class project...at best.
$$$ Today is the Day $$$$
$$$$ $frx $$$$
They do more than complain. They do everything in their power to discourage any positivity on this board.
Today was fun. I hadn’t really looked…….
at the new website, but your “environmentally friendly” responses got my attention.
I remembered that Juno is in a Research Reserve area. (Psst, Goldie said it wasn’t).
I had one of those “Aha” moments when I saw the SeaVac was needed to abide by the DEP permit.
And critics said they had no more excuses when they got the Corp permit. This critic was certainly wrong.
The DEP could make the FBAR look like a Girl Scout.
Only 162 days left in 2024, but who’s counting?
It’s rhetorical.
I just may have to add more shares!!! If we like the pps when it was at .03 then buying @ .008 or lower should be a great idea!! Thanks!!! Jmo
They do more than complain. They do everything in their power to discourage any positivity on this board.
Like you said perhaps I should just join and hit the ignore button as well.
I think that might be the best option until I win my bet. Then the ignore button will not be needed.
Go SFRX
The non-shareholders complaining for 8 years become more and more desperate yet go to the same tactics.
This one falls into the "already invented it" category.
See also the "it doesn't exist" category.
I'm reading between the lines as they are still on ignore but I've seen it all before.
Wouldn’t hand-fanning be more…….
environmentally friendly than the SeaVac?
Or is hand-fanning more disturbing?
It’s a bit hard to tell.
And speaking of that, do you see a tension between SFRX’s statement on the new website…. BEFORE IT’S TOO LATE and using a dust buster to assist in the effort to remove $15B in treasure buried under worm poop because it’s more environmentally friendly?
Regardless, I see the SeaVac’s is in part a requirement of the permit. Do you need to extend our bet into next year? The SeaVac is still being tested.
Seafarer developed the first-ever autonomous dredge to meet both DEP requirements and archaeological standards for sediment displacement during underwater digs.
The self-contained SeaVac3000 can dredge and screen sediment without a surface tether, allowing it to operate in challenging underwater conditions or at depths where standard surface dredging equipment cannot go.
Divers deploy this precision excavation dredge to vacuum up sediment and capture small artifacts. It features a double-screening mechanism that surpasses the archaeology industry-standard quarter-inch mesh size, utilizing finer screens to capture even the smallest artifacts.
The SeaVac3000 was presented in 2024 at the 58th Annual Meeting of the Society of California Archaeology and is currently in trial deployment under a United States Army Corps of Engineers permit.
https://seafarerexplorationcorp.com/technology/
If SFRX has to go through those bureaucrats, it will be too late. I can assure.
GL. Maybe they’ll prove me wrong for once.
Your post is in desperation.
Download the manual.
It can not go under the water. You would have to haul around 80-100 feet of 4 inch hose. It does not filter out the sand from the artifacts.
It's not environmentally friendly and definitely not designed to be used in a archaeologically sensitive area.
Seriously the list goes on and on....
I am down with you tonight. Later
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SEAFARER EXPLORATION CORP.
Seafarer is an underwater salvage and exploration company. The Company is focused on the exploration of a shipwreck through its wholly owned subsidiary, Seafarer Exploration, Inc.
Seafarer Exploration Corp. is a publicly traded underwater salvage and exploration company traded under the symbol SFRX. The principal business of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration, recovery and conservation of historic shipwrecks. The company has secured multiple sites it believes contain historic and valuable shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks. Seafarer employs scientists and historians and is committed to preserving the cultural and historical significance of every wreck it finds. www.seafarercorp.com
PHOENIX, AZ / ACCESSWIRE / July 15, 2019 / The Stock Day Podcast welcomed Seafarer Exploration Corp. (OTC PINK: SFRX) (“the Company”), a publicly traded underwater salvage and exploration company. President of Legacy Angel Network, Matt Helmintoller, joined Stock Day host Everett Jolly.
Jolly began the interview by asking Helmintoller how he became involved with the Company. “My job is to find companies that have a potential for viability within the marketplace,” explained Helmintoller. He further shared that his relationship with the Company began out of curiosity and has grown into a successful partnership.
Helmintoller also explained that Legacy Angel Network took an in-depth look at the Company, including the management team and their business plan, prior to entering business with them. “What I found was that the scientific approach to what they were doing was completely unique to them,” stated Helmintoller. “You don’t see treasure hunting companies doing this stuff,” he added. “It was fascinating to me,” stated Helmintoller.
Jolly then asked about Helmintoller’s role with the Company going forward. He explained that in addition to investment funds, the Company will also have access to their corporate partners, which represent significant opportunities including additional partnerships and capabilities. “We care about the return of our investors and we care about the people that we invest in,” stated Helmintoller.
To close the interview, Helmintoller shared that the Company is one that shareholders can trust. He also added that the values of the Company are reflected in their CEO, Kyle Kennedy, and the way that he leads the management team and their projects.
To hear Matt Helmintoller’s entire interview, follow the link to the podcast here: https://audioboom.com/posts/7314810-the-stock-day-podcast-hosts-the-president-of-legacy-angel-network-to-discuss-their-partnership-wi.
United States, Florida, Palm Bay – 06/04/2019 (PRDistribution.com)
Wild Manta, LLC is pleased to announce it has entered into an agreement with Seafarer Exploration Corp (OTCMKTS: SFRX) to develop and manufacture multiple advanced underwater sensor platforms for detecting, 3D mapping and identifying shipwrecks, artifacts, and metals, including non-ferrous metals. The SeaSearcher(tm) platform houses an array of sophisticated custom-developed sensors for detection, 3D mapping, identification, interrogation, and discrimination of sub-bottom artifacts. These advanced sensors result in an integrated and eye-opening toolset for Seafarer Exploration Corp as well as an advancement of the art of undersea exploration.– Kyle Kennedy, CEO
TAMPA, Fla., April 10, 2019 /PRNewswire/ — Seafarer Exploration Corp. (OTCQB: SFRX) and Blockchain Logistech, LLC are pleased to announce a new and additional U.S. government agency has secured the services of their strategic partner Probability and Statistics, Inc. (P&S). P&S has been engaged to create and service a government agency project for the next 12 months and beyond. The purchase order is the second of other planned projects to service a group of U.S. government agencies.
Seafarer CEO Kyle Kennedy commented, “The significance of a different U.S. government agency being recruited by Seafarer to contract with P&S demonstrates the validity of the business model to build multiple revenue streams for Seafarer. Attracting these government contracts is wonderful for Seafarer shareholders and I expect them to continue to expand. But this is still the beginning as I anticipate encryption work from other business sectors outside of government entities.”
Kennedy added, “P&S has been an amazing business partner who understands the needs and nuances of a complicated, diverse and secretive clientele. The solutions offered by P&S are tailored to meet the extremely high demands of some of the most sophisticated and technologically advanced agencies in the world.”
Don Beavers, CEO of P&S, stated, “Probability and Statistics, is pleased to have received this additional government agency contract through the efforts of the Blockchain LogisTech team at Seafarer. This is the second of a total of six pending Federal level contracts for this year. We are also anticipating the awarding of Seafarer’s first State-level contract sometime in the third quarter. What an incredible first year for our strategic partnership! These additional contracts should begin providing ongoing monthly revenues to Seafarer within the next few months and these types of contracts can often renew for multiple years.”
Seafarer's Quest Issued 3-Year Renewal of Melbourne Beach Permits
TAMPA, Fla., March 12, 2019 -- Seafarer Exploration Corp. (OTCQB: SFRX) is pleased to announce it has been granted renewals to two 1A-31 Exploration Permits, each with a Dig and Identify Modification, for Areas 1 and 2 of the Melbourne Beach site from the Florida Bureau of Archaeological Research (FBAR) and the Division of Historical Resources (DHR). The DHR is issuing a 3-year extension for permit numbers 2016.05 and 2014.04 to Seafarer's Quest LLC, which will extend the permits to March 1, 2022 and January 14, 2022, respectively. Seafarer's Quest is a partnership between Seafarer Exploration and Heartland Treasure Quest.
Seafarer CEO Kyle Kennedy stated, "We are again pleased to receive these renewals as there are several areas of interest that warrant further investigation in these territories. Hopefully, some of the new technology we are developing internally will help us better understand this wreck site. Also, I'd like to thank the director and staff at FBAR and DHR for their cooperation and assistance."
Mr. Kennedy continued, "With the help of the scientists and engineers at Probability and Statistics and the Florida Institute of Technology we should be able to significantly increase our knowledge of this shipwreck and further verify its provenance. At this point, our research and investigation indicates a Spanish 1715 fleet shipwreck."
All work will be conducted under the terms of an exploration permit issued by the Florida Department of State, Bureau of Archaeological Research, Division of Historical Resources.
TAMPA, Fla., March 4, 2019 /PRNewswire/ — Seafarer Exploration Corp. (OTCQB: SFRX) and Blockchain Logistech, LLC are pleased to announce their initial client contract to secure the services of their strategic partner Probability and Statistics, Inc. (P&S). The client has engaged P&S to create and service a US government agency project for the next 12 months and beyond. The purchase order is the first of other planned projects to service a group of US government agencies.
Seafarer CEO Kyle Kennedy stated, “I am happy that we have generated a revenue stream for the company with such a prestigious agency. While I am restricted from commenting on specific details, the initial purchase order will pay Seafarer a small fixed revenue monthly for 12 months and then a maintenance package after that. I have stated for some time now in our filings and in public that it is the Company’s intent to build revenues with P&S through blockchain encryption and other related services. While this purchase order is just a start, it’s a great start. I am tremendously thankful for the dedication, persistence, and professionalism of everyone at P&S, especially Donald Beavers and their Director of Software Development James Kreigh.”
Donald Beavers, CEO of P&S, commented, “It is exciting to see this team’s careful planning and vision come together successfully. We already have other scopes of work in process on which we continue to build. The unique, highly technical services and expertise that we each offer will help both companies build a successful and long-term relationship. I agree with Mr. Kennedy that we are off to a great start, a start that is honestly better than I could have previously imagined.”
PHOENIX, Feb 14, 2019 (GLOBE NEWSWIRE via COMTEX) -- PHOENIX, Feb. 14, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed a partner of Seafarer Exploration (SFRX), a publicly traded underwater salvage and exploration company. Don Beavers, the President and CEO of Probability and Statistics, Inc., joined Stock Day host Everett Jolly to discuss their partnership with Seafarer Exploration.
Jolly began the interview by announcing to listeners that the Stock Day Podcast will be hosting a five-part special on Seafarer Exploration. Just five days ago Chief Technology Officer, Dr. Michael Torres, appeared on the Stock Day show.
Jolly then asked Beavers to share some insight into the partnership between Probability and Statistics, Inc. (P&S) and Seafarer Exploration. Beavers stated, "We started working with Seafarer last year, they're an undersea exploration company. We do a lot of high-end computational mathematics and technology integration, and we saw some opportunities to work with them. They've got a great company and we've got some technologies that really fit into what they do."
Beavers further explained that Probability and Statistics, Inc. mainly specializes in the aerospace industry, compared to Seafarer which specializes in undersea exploration.
Surprisingly, these industries have a lot in common including similar mathematical applications. The partnership between these two companies will allow Probability and Statistics, Inc. to help Seafarer Exploration track debris fields and determine the most likely location of wreckage spots. Additionally, Probability and Statistics, Inc. has extensive experience in blockchain technology which benefits the Company's search for rare metals.
Beavers also shared that P&S is also helping Seafarer Exploration develop new sensor technology that allows them to find non-ferrous metals at a much greater distance than ever before. "We have a pretty impressive engineering department here and we have some really talented scientists, and we're helping Seafarer Exploration make this part of the job a lot easier," stated Beavers.
Beavers added, "Our goal is to make Seafarer the most advanced company, technologically, out there." He continued by sharing his excitement for their partnership with Seafarer Exploration and the technology that P&S will be able to share with them. Beavers then closed by stating his amazement for the Company's findings and his own personal enjoyment in participating in the search for treasure.
To hear the complete interview for Seafarer Exploration follow the link to the podcast here: https://upticknewswire.com/featured-interview-don-beaver-president-of-probability-statistics-inc-otcpink-sfrx/
TAMPA, Fla., Sept. 5, 2018 /PRNewswire/ -- Seafarer Exploration Corporation is pleased to announce a share exchange of 60 million restricted common shares for 10,000 non-dilutive common shares of the private company Probabilities and Statistics, Inc. (P&S). Seafarer has received a one percent position in P&S.
Kyle Kennedy, CEO of SFRX, stated, "This is the first major step in building a strong symbiotic relationship with a cutting-edge technology company. P&S has the capacity to take us to a new level of technological development and ultimately potential revenues. A carefully designed program has been created between P&S and Seafarer to both monetize emerging technologies and engage Seafarer to be compensated for directing private and public companies who wish to utilize blockchain encryption to P&S for their services. P&S is a leader in blockchain encryption and already works with government, aerospace, defense contractors, banks and industries in a high-tech research, development and support role. Nobody in our industry sector remotely comes close to what Seafarer is doing. We already set the bar in everything we do, but P&S can take us into a space that far exceeds our expectations and industry norms."
Kennedy continued, "P&S has an exceptional team of scientists and engineers who can further propel our own development of technology in specialized equipment to advance our proprietary designs. Additionally, P&S has innovative computing and modeling systems which utilize a type of artificial intelligence to maximize effectiveness through its proprietary advanced algorithms. To our knowledge and extensive research, no one compares to P&S."
Mr. Kennedy added, "While ongoing upgrades to the Iron Maiden have limited the number of working days, combined with fewer days of seas under three feet, we have continued to work and find shipwreck material. We appear to have shipwreck debris from the early 1700s, but the area is large and will require more work."
Don Beavers, president of P&S, stated, "Probability and Statistics is very excited about proceeding with Seafarer Exploration on multiple projects including blockchain applications, engineering support, topographic modeling, sensor recording and analysis, and other relevant advanced technology integration. Our experience in aerospace and engineering directly translates to new and exciting opportunities in the undersea world. Combining our advanced computing with Seafarer's exploration experience brings significant potential for success. Our blockchain data systems could also provide a competitive advantage for Seafarer in both data and security. We also believe that Seafarers existing partnerships and alliances, developed over many years, will lead to potential new projects and revenues for both corporations. Our equity exchange is based, from our point of view, on the belief that our technology could push Seafarer to the very forefront of sub-aquatic exploration and its related industries and bring new revenue opportunities to both entities."
Jun 20, 2013 (ACCESSWIRE via COMTEX) -- Receipt of Permit from the U.S. Army Corps of Engineers and Easement Clears Way for Excavation to Begin on June 20th, 2013
TAMPA, FL June 20th, 2013 — Seafarer Exploration Corp. (OTCQB: SFRX), a company focused on the archaeology and research of historic shipwrecks, has crossed the final hurdles relating to the proposed excavation of a shipwreck site located off of Lantana Beach, FL with the recent receipt of a permit from the U.S Army Corps of Engineers and an underwater easement agreement from the Board of Trustees of the Internal Improvement Trust Fund. The permit from the U.S Army Corps of Engineers, a five-year approval ending on June 18th, 2018, represents the last step in Seafarer's quest to excavate this exciting shipwreck site and that effort will begin in earnest on June 20th, 2013.
Seafarer received an initial permit from the State of Florida for a shipwreck site located off of Lantana Beach, Florida in 2012. The site has recently been surveyed using a Geometrics 882 Cesium Vapor Magnetometer and this survey work showed compelling evidence that a large part of the ship lies buried in a relatively compacted area. Having completed phase I of the mapping survey and underwater video, Seafarer is now beginning phase II known as digging and identifying the wreck. Items found and documented on this site in past explorations by third parties suggest the wreck might be a French or Spanish ship from the late 1600s however it will require significantly more work and time to determine what is actually contained on the site.
Kyle Kennedy, CEO of Seafarer, commented, "We wish to thank all of the U.S. Army Corps of Engineers personnel, especially Melody White, who worked diligently on our permit until it was completed. With the final step in place, including the easement, we can now begin to focus our efforts on discovering the wreck site. We understand the great responsibility placed upon us and will strive to do our best and to exceed expectations."
Alexander Javorsky, captain of the Iron Maiden, stated, "We have the ship fine-tuned and operating very smoothly. We have assembled a competent, honest crew ready to work, which I am proud to be part of. The excitement of the crew is overwhelming, and we are eager to begin excavation."
About Seafarer Exploration Corp. (www.seafarercorp.com)
Seafarer Exploration Corp. is a publicly traded underwater salvage and exploration company. The principal business of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration and recovery of historic shipwrecks. The company is attempting to secure multiple sites it believes may contain historic shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks.
TAMPA, Fla., June 5, 2013 /PRNewswire/ -- Seafarer Exploration Corp. (SFRX), a company focused on the archaeology and research of historic shipwrecks, has received an Environmental Resources Permit relating to the proposed excavation of a shipwreck site located off of Lantana Beach, FL. The permit was issued pursuant to Part IV of Chapter 373, Florida Statutes and Title 62, Florida Administrative Code from the Florida Department of Environmental Protection (DEP) and represents an important step in Seafarer's quest to excavate this exciting shipwreck site.
Seafarer received a permit from the State of Florida for a shipwreck site located off of Lantana Beach, Florida in 2012. The site has recently been surveyed using a Geometrics 882 Cesium Vapor Magnetometer and this survey work showed compelling evidence that a large part of the ship lies buried in a relatively compacted area. Having completed phase I of the mapping survey and underwater video, Seafarer is preparing to begin digging and identifying the wreck and the DEP permit is an important step in that process. Items found and documented on this site in past explorations by third parties suggest the wreck could be a French or Spanish ship from the late 1600s but it will require more work to determine with accuracy what is actually contained on the site.
"We are certainly happy to be one step closer to being able to explore and identify cultural material of the Lantana site" said Kyle Kennedy, CEO of Seafarer. "I want to personally thank the hard working individuals of the DEP who thoroughly dove, investigated and processed our 2nd site, Lantana; with special thanks to Benny Luedike who advised and proactively managed all aspects of processing the permit. I also want to thank our own Joe Albert for his continual diligence and work ethic toward completion of the permit."
Mr. Kennedy continued. "We have stayed focused on our short term goals to obtain three concurrent active sites while researching for sites four and five. We have also maintained and furthered our goals of developing long term strategic relationships with both local and foreign governments and contributing to research and education. Our crew and myself have completed hours of educational study of archaeology classes given by Dr. John de Bry, and will have continual course study into the future. We have recently completed a research trip to France with Dr. de Bry where historical research was conducted and many interesting and significant facts were discovered. Some of the research pictures can be seen on our website www.seafarercorp.com."
Archival research was conducted by Dr. de Bry in the archives in Dieppe and also in both the Archives Nationales and the Bibliotheque Nationale de France (BnF) in Paris. His research was divided into two sections; (1) looking for and acquiring data on the 1715 Fleet that sunk off Florida on July 31st of that year, and (2) searching for documents pertaining to the Jean Ribault Fleet of 1565 sunk north of Cape Canaveral. Both endeavors were supported by Seafarer. Dr. de Bry located several documents pertaining to the 1715 Fleet as well as one important document related to the loss of the 1565 French fleet. He is of the opinion that additional documents on the 1715 Fleet will be located at the Archivo General de Indias (AGI) in Seville, Spain and in the National Archives of Cuba located in Havana. Such manuscript documents will help Seafarer achieve a more accurate interpretation of the cultural history of the Site (Melbourne Beach Site).
TAMPA, Fla.--(BUSINESS WIRE)-- Seafarer Exploration Corp. (OTCBB:SFRX.ob - News) announced today the company has received from the Division of Historical Resources a 1A-31 Recovery Permit active through April 25, 2014. The permit allows Seafarer the ability to dig and recover the designated site at Juno Beach, Florida using propwash deflectors (blowers) and dredges including other smaller specialized digging equipment for sensitive archaeological work.
Kyle Kennedy, CEO, stated: "This is fantastic. We are making history by being the first Company ever in Florida to receive a three year recovery permit. My thanks goes out to our dedicated staff and shareholders who have persevered through the battles and difficult challenges we have faced over the last year and a half. Through those adversities, we have come out stronger and better. We have targeted some areas of interest with the cesium vapor magnetometer survey which we will explore initially. We have developed relationships, which should evolve into future partnerships and/or joint ventures to create an exciting year moving forward. We have explored other sites in both the US and abroad to expand our knowledge and possible opportunities. We are being given an exciting opportunity with great responsibility to perform over the next three years. This is the single most exciting time in our Company's history. We are increasing our authorized shares to allow us the ability to capitalize our operations over time and finance future projects as they present themselves. We have now positioned ourselves to maximize our true potential. And as one of our shareholders, Jeff Vortman constantly tells me "Go for the gold", we certainly intend to."
http://finance.yahoo.com/news/Seafarer-Receives-3-Year-bw-3668036658.html?x=0&.v=1 ;
TAMPA, Fla.--(BUSINESS WIRE)-- Seafarer Exploration Corp. (OTCBB:SFRX.ob - News) announces the addition of two new Board members to help guide the company into the future. R. Chip Johnson and Charles Branscum have unanimously been voted in to join the Board of Directors to fill past vacancies. Kyle Kennedy, CEO, stated: "I am very pleased to have the caliber and high professional standards of each of these successful entrepreneurs to help us build the company. Mr. Johnson has a wealth of experience in small business development and the financial markets. Mr. Branscum has the insight of management and experience with a multi-billion dollar industrial company. The diversity and independent thought each brings to the table should help Seafarer in the years to come."
Mr. Johnson stated, "I am very excited for the opportunity to serve on Seafarer's board. With 23 years in the equities industry, including co-founding one of the largest broker dealers in Florida, and with a lifetime of maritime experience, I am looking forward to applying all my resources to this project. Having worked directly with Mr. Kennedy and his team, I have been extremely impressed with their drive and determination to succeed. Most impressive and important is the level of integrity demonstrated by every member of the company. I am proud to be part of this team and help build the fundamental structure to take Seafarer to the next level."
Mr. Branscum stated, "It pleases me, having known Mr. Kennedy over the last 30 years and seeing the successful companies he has built, to be part of something so exciting as Seafarer. To help answer the challenges a small public company constantly faces can be a very rewarding experience. I look forward to using my background and experience to help build shareholder value."
http://finance.yahoo.com/news/Seafarer-Introduces-Two-New-bw-3701397921.html?x=0&.v=1
TAMPA, Fla.--(BUSINESS WIRE)-- Seafarer Exploration Corp. (OTCBB:SFRX.ob - News) announced a Hillsborough County Jury rendered a verdict on April 5th 2011 at 4:45 pm in favor of Seafarer for $5,080,000.00 in compensatory damages. After two days of evidence had been presented in court, a jury determined that hundreds of on line posts written by Sean Murphy under the screen name of "Floridatreasurecapt" were false and caused a decrease in market price. Seafarer believes collecting any or all of the damages will be difficult to do, but will continue to try to collect until paid in full.
One of the Board Directors for Seafarer, Pelle Ojasu, stated, "We are pleased with the verdict rendered by the jury and I am very happy our CEO maintained his vigilance to prosecute those who would maliciously hurt the Company and its' personnel through relentless false postings over the last year. Now that the truth has finally come out, we can continue our focus on building shareholder value and executing our business plan." Lead trial attorney, Craig A. Huffman stated, "Mr. Murphy is going to be an example of what should happen to people who sit behind screen names and negatively, falsely, impinge the lives of people and of good companies. We are not done with him yet. This will set a precedent for small market companies to fight back." Co-counsel, David Chalela, stated, "We and our client are weighing the approach to take toward punitive damages in this case to dissuade others from doing this."
http://finance.yahoo.com/news/Seafarer-Awarded-5-Million-bw-3850860812.html?x=0&.v=1 ;
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Exchange: NASDAQ OTCBB: SFRX | |
Investor Relations Contact: Kyle Kennedy, CEO
Transfer Agent: 16540 Pointe Village Dr., Suite 201 Lutz, Fl. 33558 | |
Stock Quote: Quotes are available by directing your browser to: http://www.marketwatch.com/Quotes/sfrx |
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