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Qutmjr- There is no shortage of information on the web about Reynold's involvement with SFRX. If the primary takeaway you have from your research is his degree, then you can use that information in judging the value of his contribution to SFRX. I am focused on what he actually accomplished with that degree. Cheers
I wonder who it was on this board that posted the idea that Max sold 70 million shares?? I think it was one our mods right? I wonder why they did that? Their motives to hurt SFRX and the stock price? Really sad since that was proven totally false by Max's filing.
But we have been told it works since......
July 2019. That's from the company, and it was about 2 months after Reynolds arrived.
I don’t know if the SeaSearcher works, don’t know if treasure has been found.
C’mon man… “ I mean, I'm not sure I know of any successful entrepreneurs without a PhD”.
The most successful entrepreneur of our time does not have a PHD.
Elon Musk - In 1990, he entered Queen's University in Kingston, Ontario. Two years later, he transferred to the University of Pennsylvania, an Ivy League university in Philadelphia, where he earned two degrees, a Bachelor of Arts in physics, and a Bachelor of Science degree in economics from the university's Wharton School.
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.
In July 2019 we were told Reynolds had…….
brought the device from concept to fruition, and in 18 months SFRX would dominate the world and the world would be coming to them for answers.
We were also told for the second time they were on “the wreck” at Melbourne, which is contradicted by the Bureau reports.
Listen for yourself.
https://seafarerexplorationcorp.com/stock-day-media-podcast-interviews-seafarer-exploration-crew-member-michael-ware/
It’s like having a parade in July to celebrate an up coming World Series win because you’re one game out of first place.
You all are setting the bar at a ridiculously high level.
It only takes a weekend. Well?
Trillion$ on the ocean floor? Says who? If there’s all this treasure out there why can’t SFRX bring any up?
All talk…..no results.
$$$$ Today is the Day $$$$
$$$$ $frx $$$$
Thats great research and really a cause for significant concern. I mean, I'm not sure I know of any successful entrepreneurs and inventors that have been successful without a PhD. I think if you review financials further, you'll find how Tim is at least somewhat compensated. Regardless of compensation/employment status, all indications suggest his loyalty to the mission ahead.
so I did do a bit of research, two things that stood out to me:
1 - BS in Computer Science, I guess I had assumed PhD in an engineering discipline, but I say that not to disparage his accomplishments, just find it interesting
2 - nowhere in his curriculum vitae was Seafarer mentioned, so when you say "came on with SFRX", what do you mean? paid by Seafarer to provide a service? if that is the case, not really part of the organization then really, no more so than any other vendor
The opposite of selling someone short is laying……
it on thick. Surely we can agree to that.
Do you remember less than 2 months after Reynolds came on board we were told the tech worked? That will be 5 years in July.
Do you remember the hype around Q1 2020? It’s now Q2 2024.
Reynolds is attempting to do what multi-billion dollar corporations have attempted to do, but failed.
You and others can keep laying it on thick, but you’re setting the bar, not the skeptics.
We’re simply asking, where’s the silver and gold?
Where I question Reynolds is regarding salvage law. He can’t seem to grasp that the 1715 fleet is off limits, much like most SFRX shareholders.
GL
I muted Ol’ Ray, now I feel like something may be missing in my life
Like I told you last night, thanks for……
correcting me on that.
I rewrote my sticky post.
Sounds like you know alot about him and his accomplishments?
Amen to that, we all can't wait to see.
April will be huge
Tim is the catalyst. If people knew what he did to help this country, they would have a better appreciation for his abilities and character. He has nothing to do with outstanding shares.. I wouldn’t sell him short… he might not have a long history in the salvage business, but he knows how to find things.. We’ll find out soon enough.
I'm not too excited, but happy to get back to where we were before the dump. This month will be very telling.
Like Max sold 70 odd million shares when he Actually gave them to his Wife.
Let's all wait to see what Finkle says before we get too excited. 😆
I'm with you, there have been so much buying last two months from smart investors. They got a full demonstration of what is going on. I'm still staying grounded until otherwise. Just glad we are green today and hope it continues rest of week.
10 - 15% works for me.
However, I'm with you My SFRX Friend.
Hopefully tomorrow is another Green Day !!!
If it goes up too fast , it will come down. Let's gradually go back up 25% at a time works for me. Just seeing green is great.
Nice comeback day
Decent volume
Big seller seems done
Looking at Reynolds resume is looking backwards......
Once he came on with SFRX, the game changed entirely which our forever backward looking friends here cant seem to comprehend.
Oh I believe they aren’t chasing a hunch!! To much time and equipment and money into Juno!! More than just crossing our fingers! Looking forward to what the new equipment shows at Juno!! Jmo
Qutmjr - Appreciate the posts. If you want to gain a little more confidence in SFRX, I suggest looking into Tim Reynold's history and experience. Started with Harris Corp, founded Soneticom which did classified DOD work using geo-location and digital signal processing technology. His company was bought out by DRS. He is one of the smartest and nicest people you will ever meet. Once he came on with SFRX, the game changed entirely which our forever backward looking friends here cant seem to comprehend. I hope you get a chance to meet him someday.
Nothing wrong with that. I'm hoping we can get to .025 by Friday. But you never know. It's nice to be nice and green going into April. News should come up on us in next couple of weeks. Fingers crossed there is treasure at Juno. Nobody knows.
Being use to hitting bumps in the road and hanging on tighter is a learned thing!! Like riding a horse!! Some people are thrown off easily!! Jmo
I've got no problem admitting if I am wrong, but let's not get giddy here, it's just one day and it is still nowhere near its recent high
I hope I continue to be wrong, I've enjoyed seeing all the additional green in my accounts, but I will continue to have a realistic outlook
When we get to see the (ahem) Industry Leading….
Recovery Process commence at Juno, I’m sure the locals will get bored soon enough.
There’s only so many ballast stones, spikes, and fittings one can handle.
I have even heard that Kyle has said he’s tired of finding spikes.
It was time we let some of the people out of the boat!! Or I guess they may have just jumped ship a few miles from land!!! Ouch that’s going to leave a bad mark!! Jmo
Unfortunately we all had to experience the last couple days. I do think it was a good cleansing of a lot of new and weaker investors and not a sell off of longs; who, are able to understand the internal changes in process and technology and see real value in those.
Same here, might be back to .03 by end of next week. That would be sweet.
0.03 by Friday would be:
UNBELIEVABLE !!!!!
But, I would definitely take it.
I'm just glad the Bloodbath ended and we're creeping towards 0.02
I don't think it finds resistance until a little over .04.
I'm glad my prediction of sub penny has been wrong as of now, but I am still very skeptical of this company until there is news of anything truly substantive and of this move today, could very well be a dcb, we shall see
.02 works! Back to .03 by Friday works also!! It also is going to leave a few folks upset!!! Jmo
Idk it's creeping up still and we've got a couple hours to go.
This hot air balloon ride has an asterisk*……
just like the others before it.
No treasure and no real accomplishment.
Enjoy and GL
Be crazy if this closed over 0.02 today !!!!!
Hopeful, but not holding my breath ...
I hope so !!!!
Last 2 days were BLOODY RED
Poor bears only had a couple days to gloat
I would feel much more confident in this rally if we were up the same % on higher volume.
The shares I bought yesterday do look pretty nice!
Should attract New Eyes with this % move up today.
More Eyes:
= More Volume = ^PPS, IMO.
Yes Sir
Congratulations are due after the last 2 days !!!!
Thank you! Thank you very much!!
Yes it was ...
Congratulations 🎊 my friend !!!
Added shares yesterday! Looks like it was a brilliant idea by meeeee!!!! Jmo
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Moderators Southern Gal trueblue hedge_fun Wahoo98 |
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 ;
|
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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