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Is this an implication the tech works?.......
Wouldn't want to take this out of context.
How could that be? The dredge isn't completed.......
Months of testing still, right?
Just a matter of "when" they report treasure using the SeaSearcher technology. The types of equipment they will be using is varied, The results is what will make this soar. If that permit had been issued last summer we would already be celebrating big time imo.
If you don't know where anything is under the sea floor, you need a very powerful dredge, akin to a machete.
If you knew exactly what you were looking for and how deep it was under the sea floor, you would need to get close and then have a tool that will make sure you don't change the location of the find, akin to a scalpel.
I think this tool, used in conjunction with normal salvage equipment, fits their tech very well.
If the SeaSearcher doesn't work, I agree with Raider, this thing is useless. Makes you wonder why they built it then.........
The greater point was this PROVES the......
tech works.
Why would they develop the SandSucker if the tech didn't work?
Let that sink in!!!
That's going to depend on who you ask.......
TB and I called a truce last night, so let's stay on topic.
Thanks
Have a great day!
How much money have you made on SFRX so far?
So, developing a dredge proves the tech works?........
Well, there you go.
How are they keeping such big developments from the media?
Some may be impressed with Reynolds time at SFRX, but he was responsible for getting operations shut down at the ring area. It was not only stupid, but responsible salvors don't seek to violate the SMCA. In fact, they go out of their way to ensure they don't.
I have watched the SeaVac 300 video with genuine interest. A presumably very expensive but obviously limited performance tool. Observing it's performance in the video, it hardly has the power to suck the dirt off the living room floor.
I say this because I have been on shipwreck excavation teams using 5 inch water jet induction venturi systems with tremendous suction. Yes, the water was, via hose, supplied from the surface. So what. I have operated 8 inch airlift systems at depths of 100 feet. Surface supplied air. So what. When a proper salvage vessel is moored (anchored) over the wreck site. These are the excavation systems used. From a professional, commercial perspective, the SeaVac 300 is at best limited performance divers toy. I hope the SFRX personnel are smart enough to realize this is not the tool to excavate through the solidified worm poop on the billion dollar treasure wreck.
They should be using that new equipment very soon.
Interesting, no comment on the new piece of technology developed by Tim Reynolds and SFRX, just a new "clever" nickname. If SeaSeacher doesn't work, why in the world would SFRX develop a portable dredge. Perhaps its all a part of their master con game or a new height in incompetence. Despite growing evidence to the contrary, some prefer to view SFRX as perpetually operating in the "salad days" of Torres. Ill say it once again, SFRX became a completely different company with the arrival of Reynolds, but our experts will never acknowledge it. Keep cutting and pasting quotes from 2015, while we enjoy the hot air balloon ride. I have an idea, why not track down Torres and ask him "boxers of briefs"?
Heck, I will buy them a steak dinner lol, then say I told you so lol.
Will the SandSucker testing delay Juno operations?........
If Anyone takes either Hedge or Raider seriously,
____________________________________
Actually, I don't expect you to take me seriously. High altitude profits can obviously make one giddy.
The sooner the dig takes place the better. I would predict many here will be sailing off over the horizon in complete silence.
As for me, I wouldn't even say I told you so.
First Amendments rights are protected here as……
long as they don’t violate the TOS.
As far as lying goes, isn’t that what the media is trying to be, the arbiters of truth? Be careful.
It’s a violation to call a poster a liar, but trash talk like…..Hedge I have you some crow to serve you….isn’t offensive to me.
I wouldn’t over think it, let’s just follow the TOS.
Perhaps, but it violates what we all……
agreed to follow in the TOS.
Following rules shows character, and if you can disagree without being disagreeable then you can be taken seriously.
If you think you followed the TOS and a Mod has finger issues as you described them, you can request a review from Admin.
Let’s set the bar high here and be the model board on Ihub.
Besides, history is about to be made, or at least that’s the vibe from SFRX.
My research says otherwise, so let’s see who’s right. I’m happy to admit it if I am wrong.
Everyone here is an investor, buying or selling shares in Sfrx. Being positive or thinking negative. Trash talking, lying, swearing, really doesn’t make sense. Jmo
Off topic, personal attacks, vulgarity, several reasons I have removed post in the past. Fine line sometimes
Well, it is what we all agreed to when.......
we joined Ihub, isn't it?
We have a deal TB. The topic is the SFRX empire, their affiliates, the sites, and the salvage industry.
#xoxo
If Anyone takes either Hedge or Raider seriously, they should put in a Market Order 1st thing in the morning and sell ALL their SFRX Shares, IMO.
By leaving the name calling on here, it shows character, and insight into who can be taken seriously or not.
One things that Mods with trigger delete fingers, neglect to often consider, IMO.
I'm thinking we may hit 0.0250 by the EOM.
Name calling shouldn’t be on here, jmo we are here to talk about Sfrx. I had deleted several posts do to personal attacks, let’s keep it on Sfrx ! I restored them also. Jmo
Bless your heart. Go to get a bowl of cereal and kick back up tomorrow. You'll get everyone to sell for sure.
When Reynolds got work stopped at Melbourne…..
longs were saying let’s wait, even though Kyle had said it should only take a few days to locate treasure. So they waited instead of going to another site. When work began again nothing was found.
They say they have 1500 future wreck sites but have never identified what they’re targeting on any of those wrecks.
Now that they’re at Juno some are starting the ‘Beyond Juno’ mantra, which is curious.
SFRX could have salvaged at least two wrecks last year……if the tech works as advertised.
They could have already proven to the world the tech works, but they chose to wait.
But now it will be explosive?
That reminds me of Kyle saying 2017 will be their year, and we know how that turned out.
But hey, prove the critics wrong.
Right ....
Should be Very Soon.
Permit issued 1/16/24
What is planned will be explosive. They just have to execute the plan imo.
For the amount of Treasure that they are going to be bringing up, they'll need Specialized Security in place.
Someone posted they hired security and……
that he meet the guy in charge. Don’t know if that’s true, but folks have claimed they hired security before. It’s likely stock pimp talk as it was before. We’ll see.
They put out a PR about locating nonferrous metals, but they didn’t give coordinates nor did they say it was under the worm poop.
Longs here take it to mean it’s treasure, right?
And if it was significant wouldn’t security be patrolling Juno?
You think if they say they have treasure someone is going to go right to it and get it?
Maybe Billy from Deep Blue Marine will???
GL TB. You’re a hoot.
I do think the site is already coast guard managed/protected, for whatever thats worth.
My thinking is If? There is any substantial amount of treasure there, why would they start blabbing about it before they bring it up?? Really nowadays how many idiots would go out trying to dive and steal anything they could find!! If I said hey!!! I found silver coins all over in my backyard and everyone knows where I lived, now that would be dumb! Some safeguards in place would make sense Jmo
There is one tree in the way........it's
called proof.
If it can do all that, how do they know?
Prove it!
They have said that for almost 5 years now.
I really hope it works out for you in a big way TB, but surely you have your time limit, don't you?
Elaborate please, I know you really, really want to ....
LOL 😂
You’re forgetting Sfrx is using new created equipment that discriminates between an iron bolt and a gold necklace or coin! Look at their earlier testing of the equipment!! Sea Searcher can discriminate feet below the crust!! You’re not seeing the forest because all the trees are in your way!!! Jmo
You can do what you want. I.....
really don't care.
My point is that real salvors have a target they go after. Those that discovered the San Jose looked at historical documents in order to locate it. That was their target.
By contrast, SFRX has explored sites that have been explored for years. No positive ID's have ever been made on those sites, but they have explored them for years. Juno dates back to the late 70's and their partner at Melbourne began that project in 2000.
Just thinking out loud here, but maybe they need a different approach.
I know, I know.....this time will be different. That's why you're here.
#beyondjuno
I hope your right about that Coolhand. Many of us have been here for many years waiting for this moment.
I just hope we don't get disappointed.
It's also going up because folks like myself know things that go way beyond the Juno site. The Juno site does nothing for me compared to things that will be revealed to the public soon. Have a great day!
Yea, all of us on here are selling ASAP. Thanks man!!!
Looks like a few riders on the bus are getting off, shouldn’t be long before the bus is on the move again higher! Jmo
Exactly why I believe this is moving up currently with Volume !!!!
Even a Fraction on the Treasure Found Valuation, this SFRX may trade Paper ....
Individuals are wanting in on this from the ground floor, IMO.
The San Jose is a well-documented wreck. There.....
is a historical record which led to its discovery. There is NO HISTORICAL record of a treasure laden galleon sinking at Juno.
This is what SFRX said years ago about Juno, while claiming Judd had them looking in the wrong place.....ie hiding the treasure from them.
The Juno Beach Shipwreck site is an extremely speculative and highly risky project as far as the potential for the Company to ever locate valuable artifacts or treasure. Although the Company has recovered various artifacts that it believes are interesting, it has not located artifacts and/or treasure of any significant value from the Juno Beach Shipwreck site. There is also possibility that there are no artifacts of significant value located at the Juno Beach shipwreck site. Even if there are valuable artifacts and/or treasure located at the site, recovering them may be extremely difficult or impossible due to a variety of challenges that include, but are not limited to; inclement weather, hazardous ocean conditions, large amounts of sand that cover large areas of the site, lack of the necessary equipment to be able to dig deep enough into the sand, ongoing maintenance and repair issues with the Company’s main salvage vessel, permitting issues and/or a lack of financing, etc. The chance that the Company will ultimately recover valuable artifacts or treasure from the Juno Beach shipwreck site is very unlikely, however the possibility exists.
Moreover, the Company does not currently have sufficient data to positively identify the potential Juno Beach shipwreck, or its country of origin, and it is therefore not possible to determine whether or not the ship was originally carrying cargo of any significant value.
But the word is, the tech found nonferrous metals, but what they are hasn't been disclosed.
SFRX is right back where they started in 2008 but it's supposed to be different this time.
Well, we're waiting.
Yes, it’s pretty damn pathetic. Maybe people here will do their research and find out about this dolt. It’s a pretty entertaining story. Full disclosure, he and the family have been known to purchase stocks that he spends countless hours bashing. He will respond to this by telling me to prove it. Either that, or he will bust his ass to get this post deleted. Hopefully, the pictures shed a little light on this behavior. lol!
Absolutely. People like him hate to see others succeed, so they mock and belittle in an attempt to make their pathetic existence appear better. For example, what did I have to gain by telling him a few things about myself? He proceeded to mock me until he gained another enemy. I feel sorry for his family at this point. Not him.
When an entity that has NEVER salvaged anything.....
significant in over 16 years claims to have the Industry Leading Recovery Process, that's a Clown Show.
When the CEO of an entity claims "we're on the wreck" but there's no wreck there, that's a Clown Show.
When an entity loses over $25MM since 2008, essentially on just 2 projects and come up empty, that's a Clown Show.
When an entity has a stated business model that would violate state and federal law, that's a Clown Show.
Speed boats, an ROV said to be an AUV that's covered in poly, a PM that doesn't understand permit requirements or perhaps thinks he can simply violate them, says the Concepcion was a merchant ship, suggests sonar is radar, etc., then that's a Clown Show.
But I wish them well.
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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 ;
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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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