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Say now and prove later; I get it. You’re a good fit.
I would have thought my Shadow, who doesn’t……
even own shares, would have been brilliant enough to correct me.
It’s okay, it’s just shows everyone else made the same misinterpretation as I did, including those that sold because (ahem) I posted something erroneous.
How brilliant were they?
This board is a hoot. Glad you’re here my Shadow.
If you couldn’t, “figure it out,” why post it, bro? Ignorance really is bliss..
I expect more accuracy from such a, “brilliant poster..”
Still trying to shoehorn yourself into a conversation, lol… at least you have me responding to your crap, and that’s about all you have left. You should be used to your soliloquy approach. See, EX&L. You’re a good fit..
#littlebropeep
Posting more bullshit, I see.. How noble to enact the 48 hour rule..
#littlebopeep
I remember the other day you said…..
most everyone here had me on ignore, but folks are saying my erroneous posts made the pps drop.
It’s like longs want it both ways. No one reads my posts except the erroneous ones? Then they sell cuz they know all I “allegedly” do is lie about poor widdle SFRX?
You think NOAD, Little, and Dy sold when I linked the filings?
Seems that would have been perfect timing.
This is too funny.
Laces out!!!
Finkle is so misunderstood. Seems like a great guy.
But no one could figure it out until......
the next day when Max filed again.
No one here did, did they? Not until the filing on 4/2.
But that's okay. I'll be the boogieman, you play the victim.
You're a natural.
Was it a mistake when Kyle said they.....
were on "the wreck" at Melbourne? How 'bout when Ware said it a few years later?
Did you ever see SFRX issue a correction?
Of course not, nor would you want to see it. Just sweep that under the rug, right? After all, that's not material, huh? Why would confirmation they were on The Concepcion be material? That would be.....the wreck, wouldn't it?
The difference in what Max was reporting vs SFRX was over 70MM shares. Technically Max was over reporting as he disclaimed ownership of those shares.
The feigned disgust is amusing, as well as expected.
What was that song ABBA sang?
Was it Drama Queen? It was something like that, I think.
Technically yes, but they were transferred to his wife, not sold (that we know of - no form4’s)
Suspect on intention of those posts…
Of course it was “just a mistake”…
Wild wild west down here in the OTC sewer pit.
Tim may be all that and more......but
he can't find what isn't there.
And as SFRX said, there's a strong possibility there ain't nothing there worth finding.
Their words should carry more weight than a keyboard salvor, and I would agree with them. Though I might say, a very strong possibility.
Can't wait to see the handheld version.
Quote: Tim Reynolds is a Game-Changer for SFRX, IMO.
He is like a Bloodhound, he can find almost Anything ..
_________________________
........but never a shipwreck or its treasures (yet?)
Understood
hedge_fun
Re: EmpressWanderer93 post# 74234
Monday, April 01, 2024 4:36:01 PM
Post# of 74507 Go
Max used to own over 628MM over 8%……
https://www.sec.gov/Archives/edgar/data/1106213/000119983523000403/sfrx-schedule_13g.htm
Now it’s just under 557MM or 6.7%.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1106213/000119983524000134/sfrx-10k.htm
No. A request to remove has been made........
I can't remove it if it's over 48 hours old.
If I don't see removal, I have a plan B.
Max filing on 4/2 was timely.
Tim Reynolds is a Game-Changer for SFRX, IMO.
He is like a Bloodhound, he can find almost Anything ..
IS THIS....
TRUE?
hedge_fun
Re: EmpressWanderer93 post# 74234
Monday, April 01, 2024 4:36:01 PM
Post# of 74507 Go
Max used to own over 628MM over 8%……
https://www.sec.gov/Archives/edgar/data/1106213/000119983523000403/sfrx-schedule_13g.htm
Now it’s just under 557MM or 6.7%.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1106213/000119983524000134/sfrx-10k.htm
OutOffBounds, not sure how you missed my sarcasm on that, I'll be better next time.
Agreed. And to my previous posts regarding Max......
I went through and removed what I could (any post under 48 hours old) and requested Ihub remove my erroneous posts about Max selling over 70MM shares.
I will follow up and make sure they all are removed as I requested.
If anyone sees any I missed, please let me know.
Maybe one day we won't see this anymore. The company's statements, like the likelihood there is nothing significant at Juno has far more weight than a keyboard salvor.
https://seafarerexplorationcorp.com/henegar-building-100-year-anniversary-gala/
any disagreement on that point is moot until treasure is located, and that is the main question, right?
what evidence is there that that is the case? as you've mentioned Seafarer themselves said recently that there may be nothing there and I haven't seen anything to convince me that there is treasure or even the likely possibility, so I will remain skeptical and in 'believe it when I see it' mode
Wow. Some amazing misspellings and grammar here. Who wrote this?And who is "Christian"...And why did they "unchristian" him?
The next news will likely be a handheld........
I'm sure it too will be touted as a game changer.
Raider and I disagree about ownership at Juno.......
That's cool.
The Order by the Judge instructs the Clerk to close the case and says all other motions are moot.
SFRX is 100% owner of Juno. Like the Atocha, it's grandfathered. The ongoing salvage efforts at the Atocha and other grandfathered wrecks are not hampered with legal ramblings with Spain. It's settled and Spain didn't act in a timely manner.
After the ABA of 1987, which was enacted in 1988, that changed somewhat.
In the late 1990's Spain started making claims on wrecks suspected to be theirs and claimed Sovereign Immunity. The Supreme's upheld the 4th Circuit vs Sea Hunt and forever changed salvage law in the US.
The Bahamas doesn't recognize Sovereign Immunity in their territorial waters like the US does, but they only issue permits to qualified salvors. Spain cried about AllenX and The Maravillas, and the Bahamas told them to pound sand.
Back to Reynolds. He and Kyle have been told more than once by the FBAR that a Spanish vessel requires Spain's permission to be disturb, but Reynold's still says the unlocated vessels from the 1715 fleet is their targets without acknowledging permission would be needed.
Logic says, you ask first and if they say yes, that would be a material event, and I mean a biggie.
But it ain't going to happen.
What SFRX lacks is good research. Even if the tech works, it can't find what ain't there. SFRX has never shown the ability to take historical research and navigational data and go locate a wreck that had a valuable cargo that they had a clear path to title to.
Quote: You should go back a ways in the posts, and see where Raider and someone else preached about nothing but a hot air balloon! Lies about me selling shares! I have no idea how much made up lies were posted about me or others?? There are posts on Seafarers Facebook showing a box that they buried with coins in it. The Sea Searcher pin pointed the coins! Jmo
Bullish
______________________
Respective to this being a hot air balloon ride, yes I stated that in the past and still believe it so until such time when SFRX provides factual evidence that verifies their claims. As to your insinuation that I had anything to do with (lies) about you selling your shares, you know well I never did so. Point the finger at the right person. As far as the hot air balloon ride goes, why not? Many of you have been on a very profitable ride and I see nothing wrong with that.
"There are posts on Seafarers Facebook showing a box that they buried with coins in it. The Sea Searcher pin pointed the coins!". You have got to be kidding. That's supposed to be impressive? Any conventional ferrous non-ferrous metal detector can do that. You apparently didn't understand my post at all or perhaps didn't want to.
You should go back a ways in the posts, and see where Raider and someone else preached about nothing but a hot air balloon! Lies about me selling shares! I have no idea how much made up lies were posted about me or others?? There are posts on Seafarers Facebook showing a box that they buried with coins in it. The Sea Searcher pin pointed the coins! Jmo
admittingly, it was just a cursory look at his background
Yep
Pretty wide gap ...
Not getting much upward help from the MMs, IMO.
Some think the "chit chat" is highly influential.....
and not the company's own statement about there being a "strong possibility" of nothing substantial being found at Juno.
I don't look for the dig to be the next announcement. It will likely be the handheld device that folks will be touting.
We'll see.
Appreciate the post and keeping things on a scientific, fact based level. Agree that the proof will be forthcoming or not. Character assassination, demeaning remarks, etc. add no value to the discussion IMHO.
He's not "totally wrong" as you say.......
SFRX said this last week, and longs are pretending they didn't, while suggesting someone's posts are more persuasive than the company's own statements.
Once again there was a great opportunity to get shares!! Some folks missed it again!! I feel .04 is coming soon!! Jmo
Quote: All the endless chit chat posts going back and forth mean little. THE PROOF COMES THROUGH THE DIG (EXCAVATION). Yes, I am genuinely interested.
Well said Raider. Couldn't agree more and have stated this many times myself. I, too, am genuinely interested.
You’re totally wrong! I’ve been here for years because I believe in Kyle and company! I would tell you the number of shares I own but you wouldn’t believe me! I added shares at .0136!!! Two days ago!! This long has been accumulating shares for years!! Jmo I also enjoy using the ignore button!! It makes life much more positive!! Jmo
Quote: I don’t know if the SeaSearcher works, don’t know if treasure has been found. Do know that Tim has impeccable character and success as an inventor… as Wahoo98 pointed out.
_______________________________
Actually, for me that's not in question. (Mr. Reynolds credentials)
What is in question, for me at least, is whether on-a-site simulation tests were done with the SeaSearcher. I'm not referring to in the swimming pool or 'fish tank' tests as mentioned by the CEO quite some time ago. I addressed simulation tests before. This is to take non-ferrous objects and have them excavation buried within an actual Spanish Colonial period wreck site. There are many sites available such as 1715 or 1733 shipwrecks. So what does this mean? It means that any of these sites have (in nearly every case) igneous ballast stones containing magnetite plus numerous ferrous items such as ships fasteners, fittings, weaponry, etc. Also ceramics such as the typical Spanish olive jars which incidentally have magnetic properties based upon the clay used and the firing process.Then comes the non-ferrous items such as copper objects, perhaps treasure (gold & silver), and hardly ever thought of is the lead sheathing and patching on the outer hull. Interesting that the atomic mass of lead versus gold are close; 207 u to 197 u. The point is that in this described environment (in saltwater) there is allot of electrolytic action going on. I would assume certainly Mr. Reynolds knows that. For the SeaSearcher able to discern all of this and predetermine what its targets are - that is the question.
As to the shipwreck itself, based upon the size, she would have been armed with no less than 36 cannons. So the logical question is where are those cannons? Is one to believe all those cannons were salvaged (free diving in 80 feet of water) but the supposed tons of treasure was left? Hardly so. Of course this is simply my opinion.
All the endless chit chat posts going back and forth mean little. THE PROOF COMES THROUGH THE DIG (EXCAVATION). Yes, I am genuinely interested.
Actually, they're fanning their own......Just
let them have their moment.
Me being wrong has been something they have wanted to for years.
What until you hear about Vegas.
Never seen the bid/ask spread at .002 before. Very strange.
It was an interpretation of what SFRX reported......
The new filing (talk about great timing) showed me the error of my ways, and I quickly acknowledged it. It's how I roll.
Errors are acknowledged quickly, lies aren't.
We're on the wreck, Torres is a brilliant scientist, the mask find proves his technology, etc.
I could even add sales of a certain beverage company, couldn't I?
Longs are selling while pumping it’s not nice or ethical to do this. Longs r desparate to sell and they are look it up. Newbie’s your getting sucked in. The company has admitted nothing most likely is here. This stock is a traders stock now. Don’t believe longs they want to recoup and have you lose money unchristian thing to do
Trust the science. Trust the technology. Trust Tim Reynolds. Those who do will definitely not be disappointed in the ultimate outcome here.
You guys are just fanning his ego with this nonsense.
Not only Harm SFRX, but it's Shareholders like all of us and Many, Many more not on this board !!!!
How much Market Cap devaluation did SFRX suffer from this False Information?
100 Million or so ....
Exactly. Finkle has nothing better to do. He spends his entire day talking down to us. Lying. Mocking us. Makes condescending statements...like he's helping us, then plays the victim when we respond. Miserable soles like that want to pull others down to their level. Pathetic human.
It was normal pullback and recovery. People lie online all the time; ihub has no moving power anymore.
This has become a traders stock. Don’t trust anyone. People are pumping to recoup lost money. The sfrx statement read We Don’t expect to find anything. Sfrx is playing straight it’s the longs who have lost much who are pumping to sell and for the newbies to lose. Be ashamed
It's back over 2 cents because the attempt to sabotage the stock and company by reporting Max sold 70 million shares was proven false. The motives of some mods to harm SFRX are obvious.
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Moderators Southern Gal trueblue hedge_fun |
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 | |
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