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Quote from hedge:
“Someone with far more salvage experience that those on Team SFRX commented on the dredge. He made his point and you made yours, which was by design.“
Can you please give us the names on Team SFRX? Alphabetical order would be great and would you also tell us which experts that they consulted with
Thanks for the info, hadn’t even thought of that!!
??? Interesting the part about gold dust! I never thought about the ships carrying gold ore flakes or dust for some reason I was always thinking the Spanish would melt it into bars, ingots, looking forward to what they find. Is it possible they are going to use it for other small treasures? Precious stones? Etc? No idea. Jmo
Bullish
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Just a reminder that the 'S.S.Central America' was an American steamship carrying California gold. Many of the miners returning home still had their gold in nuggets and dust.
With regard to Spanish galleons and treasure, In the book "The Lost Treasure of the Concepcion" by John Grissim (about Burt Webber's discovery of the galleon) on page 183 it says that while excavating with the venturi out of the sloping ceiling and walls of the' money hole' pieces of eight were sliding out when suddenly a stream of gold dust streamed out and into the suction mouth. So, saying some Spaniard on that ship was carrying dust.
Than those on Team SFRX…..
??? Interesting the part about gold dust! I never thought about the ships carrying gold ore flakes or dust for some reason I was always thinking the Spanish would melt it into bars, ingots, looking forward to what they find. Is it possible they are going to use it for other small treasures? Precious stones? Etc? No idea. Jmo
In my opinion you’re spot on about the vacuum not ruining what they find!
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Sorry but not spot on. If you ever selected and operated a water venturi system, i+t can be from 3 inch to 8 inch, meaning the diameter of the suction hose mouth. So for very delicate work a three inch system might be preferred. You are probably also not aware that the diver can control the intake suction strength using the water flow control gate-valve. All I've just mentioned applies to the use of an airlift. Both systems being supplied from the surface support vessel. As I said previously, this little portable sucker presents but little advantage.
Now for the real 'kicker' that Reynolds may or may not know. There is nothing new about his sucker toy. If you're familiar with the great discovery of the 'S.S. Central America' that sank in 1857, you then know this was the greatest discovery and salvage of gold in history. In the publication "America's Lost Treasure" by Tommy Thompson, (a fantastic coffee table size book with all color photos) on page - 113 you will see a very clear impressive photo with caption which reads 'The submersible is equipped with a vacuuming device, nicknamed 'sea-vac' which is used to remove sediment and collect gold dust from Nemo's work area. The difference is that this was done in + or - 7,000 feet of water. Not a simple 80 feet of water. Now perhaps you might understand why I am not impressed with Reynold's toys.
This I agree with. It sure seems……
that’s what they would do.
it seems that sfrx would put together a team of experts and engineers,
In my opinion you’re spot on about the vacuum not ruining what they find! Sfrx is going to work the site as an archeological recovery. Looking forward to more news and details from Sfrx. Jmo
Interesting that I have been warned about violating the board’s terms of service by Hedge.
I have read and reviewed what I have posted and I can’t see how this is possible. I did not berate, attack the person in question (Raider21). I never said that he was not an expert. I said that I am a featherweight. I was directly posting about the dredge. Which qualifies under the terms of agreement.
So, I’m not sure why I can’t counter the conclusions that he brought up.
As a businessman who ran his own company for years, I think that I have some knowledge about how a business works. I would not build a dredge but….
So, from that perspective, it seems that sfrx would put together a team of experts and engineers, who are knowledgeable about what they needed the dredge to accomplish. It’s what any business would do. Don’t you agree?
Maybe it’s focused on keeping the archaeological evidence as intact as possible. I don’t know. Nobody knows.
I just think that both sides should have an equal opportunity to speculate and provide an alternative explanation for why the people who have already decided that they have all the answers with out having actually examined the technology they are so quick to dismiss it.
“But these discoveries paled when compared to his discovery of November 1890, when he illuminated a vacuum tube wirelessly—having transmitted energy through the air.
This was the beginning of Tesla's lifelong obsession—the wireless transmission of energy.”
I love to read and the above account is what has drawn me to watch the sfrx saga. Wireless transmission of energy! Amazing.
Looking forward to salvage operations commencing. I know……
expectations for longs are high for Juno and beyond.
GL
#trucebro
Trueblue and I called a truce. If you believe……
I have posted something that violates the TOS you can report the post to Admin.
I’m not saying I haven’t, I’m just sayin’
The topic here is SFRX, which includes management, affiliates, the business model, their technology, etc.
Posters are not the topic of discussion.
Again, if you believe that I or anyone else violated the terms feel free to report the post. There is a drop down under “more” above the post.
Keep me in line and I’ll return the favor. Let’s make the SFRX board the model board on Ihub.
Thanks and GL
#trucebro
Edit: This is for Little Birdie. If you believe an on topic post was removed in error or maliciously, you can appeal to Admin. Go to your removed posts and request a review.
“
Raider gave an opinion, which all Ihub members are allowed to give. Perhaps you don’t like it, but there is always tomorrow. I’m sure someone will have an opinion you won’t agree with then either.
That’s how Ihub was designed. You’ll notice you can even click a Bullish or Bearish button when making a post. “
I’m so confused. You repeatedly berate people on the board, over and over again, take their comments out of context and twist them beyond belief, and I am the one who is violating the terms of service? Amazing
What's crazy to me is the fact that both these 2 Paid Bashers have got to see the PPS move daily.
Thus, why not buy and sell it, even if you hate it.
Seriously, I've bought and sold stuff I basically knew nothing about
Not the case with these 2 and SFRX
Example:
Last Summer, SFRX could be bought for 0.0029
Sell that for 0.02 today
That's damn near 7x
Thus, 100K = $700K in like 9 months
Quote: Are you the only salvage expert that can design a dredge? Can evaluate a dredge without actually having personally examined it? Is that what you’re saying? I did not realize that you were the only expert in the field available for consultation.
👍️ 0
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You obviously just don't get it . Thats ok. Understood. Nothing more to comment. Signing off. Waiting for the results of the 'worm poop dig'. A Spanish treasure galleon carrying millions (excuse me; billions) but no cannons. Perhaps there are those who would say they were salvaged but left the billions in treasure.
Good luck.
I think you’ve made your point. You might……
be impressed with the dredge, but others aren’t. You’re very spirited, and that’s good.
This is quickly becoming spam, which violates the terms you agreed to follow when you joined Ihub.
SFRX is the topic, not other Ihub members.
Raider gave an opinion, which all Ihub members are allowed to give. Perhaps you don’t like it, but there is always tomorrow. I’m sure someone will have an opinion you won’t agree with then either.
That’s how Ihub was designed. You’ll notice you can even click a Bullish or Bearish button when making a post.
In other words, you can be “fer” or “agin” when posting.
It’s all good.
#trucebro
“When you state 'I’m no salvage expert. Im the featherweigh', you were being honest. Whereas you aren't, I am.”
Are you the only salvage expert that can design a dredge? Can evaluate a dredge without actually having personally examined it? Is that what you’re saying? I did not realize that you were the only expert in the field available for consultation.
Ultimately, any reasonable person would grant that the seava3000 , aka the sand sucker by Sir Hedge, was built by sfrx for a specific range of purposes that were designed and developed for that goal.
Would it be too much to assume that they are more in tune with what their specifications for their dredge would have to be?
Would it be possible that they have first hand knowledge that the arm chair experts don’t have?
Or, should they have consulted with the armchair experts on this board for their opinion on how the dredge should have been built?
Quote: I’m just trying to figure out how someone can watch a video, post that it would not work on carpet almost immediately, without having even worked with it, seen it up close,
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You cannot be serious. Why are you belaboring this 'it would not work on carpet' thing? When I stated what I did, it was a metaphor, never implying it would be used on carpet.
When you state 'I’m no salvage expert. Im the featherweigh', you were being honest. Whereas you aren't, I am. I could see the diameter of the suction hose and the units performance which was enough. I already explained the necessity of the surface salvage vessel and how it can facilitate the use of real-deal excavation methods via water or air. Enough time waisted trying to explain. It's a super toy that the divers should have allot of fun with.
I’m no salvage expert. Im the featherweight. I’m just trying to point out the obvious biases and negative conclusions that certain people make.
I’m just trying to figure out how someone can watch a video, post that it would not work on carpet almost immediately, without having even worked with it, seen it up close,
Again, what settings are available for suction? Are there other settings? Would it be possible that if the device was running on another level that the video would have been obscured? Nobody knows! I’m pretty sure that they didn’t test it on the carpet.
I don’t know. Never seen it and don’t claim to make assumptions based on bias with out having all the facts.
In that video- it appeared to me that fanning the sand was more impactful than that seemingly weak Dustbuster.
I'm not a salvor. Can any who are, comment on these questions?
What's the benefit of that cumbersome and likely, expensive Hoover? Can't a ship mounted vacuum be adjusted to provide less suction? Don't ship mounted vacuums run indefinitely, or as long as the gasoline allows? Has SFRX, in its long and storied history, ever found financially meaningful salvage?
Let’s simplify this. If the tech works……
as advertised, where’s the silver and gold?
Folks can say the border is secure, but is it?
Folks can say Gilligan got off the island, but did he?
For almost 5 years various folks from SFRX have said the tech works. Reynolds has carefully stated they are developing it. The SFRX website says, and if my memory serves me right at least a year old;
CURRENT STATUS
The SeaSearcher 2’s metal discriminator integration testing is complete and our teams continue to expand our knowledge about the Melbourne Beach site while also preparing to return to Juno Beach.
https://seafarerexplorationcorp.com/seasearcher/
I realize they had to wait on the permit, but they said in 2022 they had several sites to scan.
Well, where’s the silver and gold?
It’s hot air until it isn’t.
Quote: If you don’t have any factual information about the dredge, then how did you come to your conclusions?
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I do believe that I said I had no further desire to comment until the worm poop dig occurred. Since you are now asking a specific question, I will answer it.
I watched the video. The suction intake diameter is small and its suction appeared weak. That's why I made the comment would hardly suck the dust out of the living room carpet, or something to that effect. This is not a tool for excavating overburden off a shipwreck. It's small and clearly appears too weak. It may have practical application sucking out sand pockets within a wreck site but that's about it. Try to understand that a fairly large salvage vessel has to be anchored (three or four point moored) over the site to support the dive teams. At this supposed depth of 80 feet, there will be repetitive dives required and a decompression chamber should be on board. So with the necessity of having a vessel on site in a fixed position, there's no problem running either water supply to the bottom to run a real do-business five or six inch venturi dredge or high volume air to run a six or eight inch airlift. So why the big deal over this little portable suction toy? So it appears someone likes to invent expensive toys but has no experience in the shipwreck salvage business. Of course, here again, it's just my opinion.
Hopefully you have alot of friends you can bring to this SFRX Stock and board .....
I believe it's about to get crazy really soon !!!
Welcome back. I prefer hard data, but……
as you say it doesn’t matter to some, even if it’s just hot air profits.
Folks said the similar things about the Torres Rally. They didn’t care if he wasn’t a war hero or MIT professor. They didn’t care if the mask find was a fraud. Money was money as far as they were concerned. They didn’t care how they made money. They were good with it and said so.
The Worm Poop Pop has gotten it to two cents plus. How much higher can it go?
We’ll see.
But how high could it go if the tech was proven to work and not just said to work, as has been the case for almost 5 years now?
GL
Revisiting a topic that I have brought up twice but has been not addressed by Sir Hedge, I have decided that perhaps the best solution is to make the it a single point and make the questions simple.
Here is the quote that I am referring to and am attempting to understand the foundation behind this declaration.
72722
“The platform is an unpatentable shallow water ROV built around readily available third party sensors. “Even the “alleged” machine learning algorithms touted by SFRX are not a new idea and are being used by many other providers of subsea survey sensors.”
I would love to know the answers to the following questions. Please share them with us as we are looking forward to reading your answers soon.
1. is this your quote from a post 72722, on the investors hub board, specifically sfrx?
2. Have you ever seen this “shallow water ROV before?
3. How close physically have you come to the “shallow water ROV”?
4. To be clear, is this “shallow water ROV” is in fact the same as the one pictured on the sfrx website, facebook page ?
5. Now, you have made several claims about the “shallow water ROV “ in this post. Would you agree with this statement?
6. Have you ever seen the inside workings of the “shallow water ROV”?
7. If so, please share the date(s), time(s) of this examination.
8. How did you get your knowledge about the algorithms that you make mention of in your post?
9. What exactly are these “readily available third party sensors “?
10. Since they are so readily available, and you know what sensors they use, I would think that you would be happy to out the system in the “shallow water ROV”
Sir Hedge used or tried to use a study that proved his point. I read the study. You conveniently left out that It’s twenty years old, it was done by a single person who had to operate the entire system and the boat both, they didn’t examine any targets, they left out any targets that were below six nanotesla.
@. copied and pasted from study @
“”At a sensor to target distance of 2 to 3 meters there will need to be at least 1-2 kilograms of iron. This can produce a 1-2 nT anomaly that is detectable in a magnetically clean environment.””
“”Upon final completion of data acquisition, anomalies equaling six nanotesla (nT) or more were flagged, plotted and individually cataloged. The number of anomalies cataloged as a result of this process totaled 1,370.””
((So, from what I’ve read, this study was done, twenty years ago, its better to have at least two people doing the survey, the technology is old, they tossed out targets below six nanotesla that the old technology found, …. Yet, sir hedge used the study to prove his claim. Amazing. When challenged, he ignores his facts and twists his logic to make a predictable conclusion.
Can you tell us what the weight of the targets that were, say , five nanotesla?
Hedge makes up the argument:
“If someone needs credentials to comment, doesn’t…. “
((More drama queen babble))
So, please show us the post that i made that statement. I noted that Raider21 brought up his credentials that he had expertise with dredges then stated that sfrx dredge can’t work on carpet.
I never mentioned, stated, implied that credentials were required for anyone.
Whether it be hot air or hard data, getting to .02 is the same for those who wish to capitalize
Can you point to a successful project? Lantana……
was a dud.
HTQ started at Melbourne in 2000 and SFRX became a partner on the project in 2014. SFRX supposedly stopped working there in late 2022, but Bureau reports show they were still there last summer. Their website says it’s still an active site. We’re talking a quarter of a century. For what? And how many million of dollars and billions of shares did they burn there?
Now they’re at Juno again. I will be positive and say its good they don’t have to deal with the state this time, but the suggestion the “missing link” to the project was a tech that can detect silver and gold under the seabed is rather absurd.
Juno was explored for years and years and the 6 or 7 silver coins found was likely money crew members were carrying with them. A wreck site, especially one with $15B in cargo, would be littered with treasure and cannons. But the latest suggestion is the treasure is under the worm poop because the “missing link” told them that.
In my opinion, someone has quite the imagination, but I would love to see the tech’s data to support that claim. We know there is no historical data about a treasure galleon wrecking at Juno, but the AWOL affiliate said it was probably in a closet in Seville and nobody has found it yet.
GL TB. Stay positive. I’ll be the first to congratulate you when us critics are proven wrong. But it is going to take silver and gold, not a hot air balloon ride.
#trucebro
Everyone on this board, including me, is here for a reason. Thirstfun has been doing the same on another board I follow for years. Funny part is that he bought shares there with family while degrading the stock on a daily basis.. nobody is here for fun or enthusiasm..
Just curious, I’m haven’t figured out the why so many years, being so negative towards Sfrx? To each their own I guess. Jmo
So, if you ask for credentials, that fair……
game, but if I ask for credentials I am reaching a conclusion?
What did I tell you about those if then logic statements?
According to Sir Hedge:
“So if it’s not your opinion, is it……
((Never offered my opinion, I was trying to understand how someone could watch a video, bring up their expertise, and then conclude that the sfrx dredge would not work on carpet)))
“FACT?”
(( never said that or anything like that, that is your opinion, comment, conclusion not mine.))
“Was the world supposed to be overwhelmed and in awe when they saw the video?”
((Drama queen babble …. Never implied that the world was to be overwhelmed. Your comment, conclusion, inference … building up the straw man … but you’re the only person who could dream up a conclusion like that …. Thanks for sharing. But, nobody but you brought it up! ))))
“They said the dredge is still being tested, which means…..it ain’t ready for prime time.”
((((Amazing, if it is being tested, then it is not ready for prime time. What did I tell you about those if then logic statements? What stage of development are they currently in? You don’t know. Are they tweaking the batteries? Are they trying to balance the suction power with the goal of limiting the disruption of the site? How about the hose diameter? In my opinion you don’t know and don’t want to know. ))))
“For almost 5 years SFRX has said the tech works. What credentials do they have to make such a claim?”
(((( thought you said that credentials weren’t required. ;@). What credentials do you have that they don’t work? How do you know that they don’t work? Are they supposed to bow down to Sir Hedge, invite him to actually look over the company business? Isn’t that insider trading? ))))
“In other words, where is the treasure?”
((( indeed! Where’s the treasure? That’s what everyone wants to know!!)))
“Have a great weekend!!!”
(((Thanks, you too!)))
Exciting video on the new mobile dredge in development, IMO.
So if it’s not your opinion, is it……
FACT?
Was the world supposed to be overwhelmed and in awe when they saw the video?
They said the dredge is still being tested, which means…..it ain’t ready for prime time.
For almost 5 years SFRX has said the tech works. What credentials do they have to make such a claim?
In other words, where is the treasure?
Have a great weekend!!!
It’s not my opinion. Raider21 has brought up the issue. I’m just trying to figure out how much actual access he had to the dredge.
He said that he had experience with dredges and then unequivocally said that the sfrx dredge basically that it would not work on carpet.
I think that since he brought in his expertise he should let us know how he came to this conclusion.
In your opinion, that’s the question……but
it’s still being tested.
In my opinion, the “testing” may just be a stall. Not sayin it is, sayin it may be a stall.
They have known for 15 years what conditions were like at Juno. If they needed something like this why haven’t they addressed it before now?
Someone with strong credentials would be ahead of the game.
Also, are operations going to be delayed until the SandSucker is completed?
Those are the questions.
I never said that you needed credentials. Have you or he ever actually examined it? That’s the question.
If someone needs credentials to comment, doesn’t….
that mean someone needs credentials to watch and understand the content of the video?
Raider spoke specifically about the Venturi System because he is familiar with that. He obviously understands its capacity. He gave an opinion on what he saw. He never said it was fact.
That’s what this forum is for, to give opinions.
I’m of the opinion SFRX thought some would be really, really impressed by the video. I’m also of the opinion they succeeded with that endeavor.
Happy Friday!!!
#successbro
What direct contact did raider21 have with the dredge? Has he ever actually examined it? Simple question! Is that simple enough?
He can make some factual statements that make sense. He knows many types of equipment that were used in the past and present! Jmo
Raider21 went to great lengths to make sure that his credentials were properly listed so as to ensure that his conclusion was properly appreciated.
Thanks. But I’m curious, how many hours do you have using the machine? What settings are there? How does the suction handle the variable conditions? Which diver were you?
If you don’t have any factual information about the dredge, then how did you come to your conclusions?
Adding more for hedge:
Sorry, I forgot that you love to ignore the core issues.
If Raider21 has not actually examined the dredge in question, then how can he make any factual statements about it.
2 1/2 cents sounds good to me!! I think the decimal point will move easier soon!! Jmo
Crossed 2 cents Wednesday this week and has held strong throughout the week.
2.5 cents may come by the EOM is my thought .....
Why would credentials be needed? Are you…..
aware that dredging is something that occurs worldwide everyday and whatever they need for Juno was readily available? That was his point.
You need credentials for that? If so, please explain why.
Now if what they really need is something that will fit on the speedboat, I can understand the need to build the portable dredge. I have to admit, it was a cute little dredge.
The question remains, does that mean operations are on hold UNTIL the portable dredge is operational?
BTW, how’s the device they stick in the water that can detect a treasure wreck within 50 miles coming along?
Raider21 went to great lengths to make sure that his credentials were properly listed so as to ensure that his conclusion was properly appreciated.
Thanks. But I’m curious, how many hours do you have using the machine? What settings are there? How does the suction handle the variable conditions? Which diver were you?
If you don’t have any factual information about the dredge, then how did you come to your conclusions?
You gotta do what you gotta do.......
#trucebro
Maybe they're developing a SandSucker that ONLY......
sucks sand off of treasure and doesn't displace sand on wood or ferrous metals.
After all, there are plenty of dredges on the market for a variety of situations, but Juno is special.
It's a job for Reynolds.
I asked a question and you misrepresented it as an absolute statement, otherwise known as a lie. All cleaned up.
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SEAFARER EXPLORATION CORP.
Seafarer is an underwater salvage and exploration company. The Company is focused on the exploration of a shipwreck through its wholly owned subsidiary, Seafarer Exploration, Inc.
Seafarer Exploration Corp. is a publicly traded underwater salvage and exploration company traded under the symbol SFRX. The principal business of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration, recovery and conservation of historic shipwrecks. The company has secured multiple sites it believes contain historic and valuable shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks. Seafarer employs scientists and historians and is committed to preserving the cultural and historical significance of every wreck it finds. www.seafarercorp.com
PHOENIX, AZ / ACCESSWIRE / July 15, 2019 / The Stock Day Podcast welcomed Seafarer Exploration Corp. (OTC PINK: SFRX) (“the Company”), a publicly traded underwater salvage and exploration company. President of Legacy Angel Network, Matt Helmintoller, joined Stock Day host Everett Jolly.
Jolly began the interview by asking Helmintoller how he became involved with the Company. “My job is to find companies that have a potential for viability within the marketplace,” explained Helmintoller. He further shared that his relationship with the Company began out of curiosity and has grown into a successful partnership.
Helmintoller also explained that Legacy Angel Network took an in-depth look at the Company, including the management team and their business plan, prior to entering business with them. “What I found was that the scientific approach to what they were doing was completely unique to them,” stated Helmintoller. “You don’t see treasure hunting companies doing this stuff,” he added. “It was fascinating to me,” stated Helmintoller.
Jolly then asked about Helmintoller’s role with the Company going forward. He explained that in addition to investment funds, the Company will also have access to their corporate partners, which represent significant opportunities including additional partnerships and capabilities. “We care about the return of our investors and we care about the people that we invest in,” stated Helmintoller.
To close the interview, Helmintoller shared that the Company is one that shareholders can trust. He also added that the values of the Company are reflected in their CEO, Kyle Kennedy, and the way that he leads the management team and their projects.
To hear Matt Helmintoller’s entire interview, follow the link to the podcast here: https://audioboom.com/posts/7314810-the-stock-day-podcast-hosts-the-president-of-legacy-angel-network-to-discuss-their-partnership-wi.
United States, Florida, Palm Bay – 06/04/2019 (PRDistribution.com)
Wild Manta, LLC is pleased to announce it has entered into an agreement with Seafarer Exploration Corp (OTCMKTS: SFRX) to develop and manufacture multiple advanced underwater sensor platforms for detecting, 3D mapping and identifying shipwrecks, artifacts, and metals, including non-ferrous metals. The SeaSearcher(tm) platform houses an array of sophisticated custom-developed sensors for detection, 3D mapping, identification, interrogation, and discrimination of sub-bottom artifacts. These advanced sensors result in an integrated and eye-opening toolset for Seafarer Exploration Corp as well as an advancement of the art of undersea exploration.– Kyle Kennedy, CEO
TAMPA, Fla., April 10, 2019 /PRNewswire/ — Seafarer Exploration Corp. (OTCQB: SFRX) and Blockchain Logistech, LLC are pleased to announce a new and additional U.S. government agency has secured the services of their strategic partner Probability and Statistics, Inc. (P&S). P&S has been engaged to create and service a government agency project for the next 12 months and beyond. The purchase order is the second of other planned projects to service a group of U.S. government agencies.
Seafarer CEO Kyle Kennedy commented, “The significance of a different U.S. government agency being recruited by Seafarer to contract with P&S demonstrates the validity of the business model to build multiple revenue streams for Seafarer. Attracting these government contracts is wonderful for Seafarer shareholders and I expect them to continue to expand. But this is still the beginning as I anticipate encryption work from other business sectors outside of government entities.”
Kennedy added, “P&S has been an amazing business partner who understands the needs and nuances of a complicated, diverse and secretive clientele. The solutions offered by P&S are tailored to meet the extremely high demands of some of the most sophisticated and technologically advanced agencies in the world.”
Don Beavers, CEO of P&S, stated, “Probability and Statistics, is pleased to have received this additional government agency contract through the efforts of the Blockchain LogisTech team at Seafarer. This is the second of a total of six pending Federal level contracts for this year. We are also anticipating the awarding of Seafarer’s first State-level contract sometime in the third quarter. What an incredible first year for our strategic partnership! These additional contracts should begin providing ongoing monthly revenues to Seafarer within the next few months and these types of contracts can often renew for multiple years.”
Seafarer's Quest Issued 3-Year Renewal of Melbourne Beach Permits
TAMPA, Fla., March 12, 2019 -- Seafarer Exploration Corp. (OTCQB: SFRX) is pleased to announce it has been granted renewals to two 1A-31 Exploration Permits, each with a Dig and Identify Modification, for Areas 1 and 2 of the Melbourne Beach site from the Florida Bureau of Archaeological Research (FBAR) and the Division of Historical Resources (DHR). The DHR is issuing a 3-year extension for permit numbers 2016.05 and 2014.04 to Seafarer's Quest LLC, which will extend the permits to March 1, 2022 and January 14, 2022, respectively. Seafarer's Quest is a partnership between Seafarer Exploration and Heartland Treasure Quest.
Seafarer CEO Kyle Kennedy stated, "We are again pleased to receive these renewals as there are several areas of interest that warrant further investigation in these territories. Hopefully, some of the new technology we are developing internally will help us better understand this wreck site. Also, I'd like to thank the director and staff at FBAR and DHR for their cooperation and assistance."
Mr. Kennedy continued, "With the help of the scientists and engineers at Probability and Statistics and the Florida Institute of Technology we should be able to significantly increase our knowledge of this shipwreck and further verify its provenance. At this point, our research and investigation indicates a Spanish 1715 fleet shipwreck."
All work will be conducted under the terms of an exploration permit issued by the Florida Department of State, Bureau of Archaeological Research, Division of Historical Resources.
TAMPA, Fla., March 4, 2019 /PRNewswire/ — Seafarer Exploration Corp. (OTCQB: SFRX) and Blockchain Logistech, LLC are pleased to announce their initial client contract to secure the services of their strategic partner Probability and Statistics, Inc. (P&S). The client has engaged P&S to create and service a US government agency project for the next 12 months and beyond. The purchase order is the first of other planned projects to service a group of US government agencies.
Seafarer CEO Kyle Kennedy stated, “I am happy that we have generated a revenue stream for the company with such a prestigious agency. While I am restricted from commenting on specific details, the initial purchase order will pay Seafarer a small fixed revenue monthly for 12 months and then a maintenance package after that. I have stated for some time now in our filings and in public that it is the Company’s intent to build revenues with P&S through blockchain encryption and other related services. While this purchase order is just a start, it’s a great start. I am tremendously thankful for the dedication, persistence, and professionalism of everyone at P&S, especially Donald Beavers and their Director of Software Development James Kreigh.”
Donald Beavers, CEO of P&S, commented, “It is exciting to see this team’s careful planning and vision come together successfully. We already have other scopes of work in process on which we continue to build. The unique, highly technical services and expertise that we each offer will help both companies build a successful and long-term relationship. I agree with Mr. Kennedy that we are off to a great start, a start that is honestly better than I could have previously imagined.”
PHOENIX, Feb 14, 2019 (GLOBE NEWSWIRE via COMTEX) -- PHOENIX, Feb. 14, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed a partner of Seafarer Exploration (SFRX), a publicly traded underwater salvage and exploration company. Don Beavers, the President and CEO of Probability and Statistics, Inc., joined Stock Day host Everett Jolly to discuss their partnership with Seafarer Exploration.
Jolly began the interview by announcing to listeners that the Stock Day Podcast will be hosting a five-part special on Seafarer Exploration. Just five days ago Chief Technology Officer, Dr. Michael Torres, appeared on the Stock Day show.
Jolly then asked Beavers to share some insight into the partnership between Probability and Statistics, Inc. (P&S) and Seafarer Exploration. Beavers stated, "We started working with Seafarer last year, they're an undersea exploration company. We do a lot of high-end computational mathematics and technology integration, and we saw some opportunities to work with them. They've got a great company and we've got some technologies that really fit into what they do."
Beavers further explained that Probability and Statistics, Inc. mainly specializes in the aerospace industry, compared to Seafarer which specializes in undersea exploration.
Surprisingly, these industries have a lot in common including similar mathematical applications. The partnership between these two companies will allow Probability and Statistics, Inc. to help Seafarer Exploration track debris fields and determine the most likely location of wreckage spots. Additionally, Probability and Statistics, Inc. has extensive experience in blockchain technology which benefits the Company's search for rare metals.
Beavers also shared that P&S is also helping Seafarer Exploration develop new sensor technology that allows them to find non-ferrous metals at a much greater distance than ever before. "We have a pretty impressive engineering department here and we have some really talented scientists, and we're helping Seafarer Exploration make this part of the job a lot easier," stated Beavers.
Beavers added, "Our goal is to make Seafarer the most advanced company, technologically, out there." He continued by sharing his excitement for their partnership with Seafarer Exploration and the technology that P&S will be able to share with them. Beavers then closed by stating his amazement for the Company's findings and his own personal enjoyment in participating in the search for treasure.
To hear the complete interview for Seafarer Exploration follow the link to the podcast here: https://upticknewswire.com/featured-interview-don-beaver-president-of-probability-statistics-inc-otcpink-sfrx/
TAMPA, Fla., Sept. 5, 2018 /PRNewswire/ -- Seafarer Exploration Corporation is pleased to announce a share exchange of 60 million restricted common shares for 10,000 non-dilutive common shares of the private company Probabilities and Statistics, Inc. (P&S). Seafarer has received a one percent position in P&S.
Kyle Kennedy, CEO of SFRX, stated, "This is the first major step in building a strong symbiotic relationship with a cutting-edge technology company. P&S has the capacity to take us to a new level of technological development and ultimately potential revenues. A carefully designed program has been created between P&S and Seafarer to both monetize emerging technologies and engage Seafarer to be compensated for directing private and public companies who wish to utilize blockchain encryption to P&S for their services. P&S is a leader in blockchain encryption and already works with government, aerospace, defense contractors, banks and industries in a high-tech research, development and support role. Nobody in our industry sector remotely comes close to what Seafarer is doing. We already set the bar in everything we do, but P&S can take us into a space that far exceeds our expectations and industry norms."
Kennedy continued, "P&S has an exceptional team of scientists and engineers who can further propel our own development of technology in specialized equipment to advance our proprietary designs. Additionally, P&S has innovative computing and modeling systems which utilize a type of artificial intelligence to maximize effectiveness through its proprietary advanced algorithms. To our knowledge and extensive research, no one compares to P&S."
Mr. Kennedy added, "While ongoing upgrades to the Iron Maiden have limited the number of working days, combined with fewer days of seas under three feet, we have continued to work and find shipwreck material. We appear to have shipwreck debris from the early 1700s, but the area is large and will require more work."
Don Beavers, president of P&S, stated, "Probability and Statistics is very excited about proceeding with Seafarer Exploration on multiple projects including blockchain applications, engineering support, topographic modeling, sensor recording and analysis, and other relevant advanced technology integration. Our experience in aerospace and engineering directly translates to new and exciting opportunities in the undersea world. Combining our advanced computing with Seafarer's exploration experience brings significant potential for success. Our blockchain data systems could also provide a competitive advantage for Seafarer in both data and security. We also believe that Seafarers existing partnerships and alliances, developed over many years, will lead to potential new projects and revenues for both corporations. Our equity exchange is based, from our point of view, on the belief that our technology could push Seafarer to the very forefront of sub-aquatic exploration and its related industries and bring new revenue opportunities to both entities."
Jun 20, 2013 (ACCESSWIRE via COMTEX) -- Receipt of Permit from the U.S. Army Corps of Engineers and Easement Clears Way for Excavation to Begin on June 20th, 2013
TAMPA, FL June 20th, 2013 — Seafarer Exploration Corp. (OTCQB: SFRX), a company focused on the archaeology and research of historic shipwrecks, has crossed the final hurdles relating to the proposed excavation of a shipwreck site located off of Lantana Beach, FL with the recent receipt of a permit from the U.S Army Corps of Engineers and an underwater easement agreement from the Board of Trustees of the Internal Improvement Trust Fund. The permit from the U.S Army Corps of Engineers, a five-year approval ending on June 18th, 2018, represents the last step in Seafarer's quest to excavate this exciting shipwreck site and that effort will begin in earnest on June 20th, 2013.
Seafarer received an initial permit from the State of Florida for a shipwreck site located off of Lantana Beach, Florida in 2012. The site has recently been surveyed using a Geometrics 882 Cesium Vapor Magnetometer and this survey work showed compelling evidence that a large part of the ship lies buried in a relatively compacted area. Having completed phase I of the mapping survey and underwater video, Seafarer is now beginning phase II known as digging and identifying the wreck. Items found and documented on this site in past explorations by third parties suggest the wreck might be a French or Spanish ship from the late 1600s however it will require significantly more work and time to determine what is actually contained on the site.
Kyle Kennedy, CEO of Seafarer, commented, "We wish to thank all of the U.S. Army Corps of Engineers personnel, especially Melody White, who worked diligently on our permit until it was completed. With the final step in place, including the easement, we can now begin to focus our efforts on discovering the wreck site. We understand the great responsibility placed upon us and will strive to do our best and to exceed expectations."
Alexander Javorsky, captain of the Iron Maiden, stated, "We have the ship fine-tuned and operating very smoothly. We have assembled a competent, honest crew ready to work, which I am proud to be part of. The excitement of the crew is overwhelming, and we are eager to begin excavation."
About Seafarer Exploration Corp. (www.seafarercorp.com)
Seafarer Exploration Corp. is a publicly traded underwater salvage and exploration company. The principal business of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration and recovery of historic shipwrecks. The company is attempting to secure multiple sites it believes may contain historic shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks.
TAMPA, Fla., June 5, 2013 /PRNewswire/ -- Seafarer Exploration Corp. (SFRX), a company focused on the archaeology and research of historic shipwrecks, has received an Environmental Resources Permit relating to the proposed excavation of a shipwreck site located off of Lantana Beach, FL. The permit was issued pursuant to Part IV of Chapter 373, Florida Statutes and Title 62, Florida Administrative Code from the Florida Department of Environmental Protection (DEP) and represents an important step in Seafarer's quest to excavate this exciting shipwreck site.
Seafarer received a permit from the State of Florida for a shipwreck site located off of Lantana Beach, Florida in 2012. The site has recently been surveyed using a Geometrics 882 Cesium Vapor Magnetometer and this survey work showed compelling evidence that a large part of the ship lies buried in a relatively compacted area. Having completed phase I of the mapping survey and underwater video, Seafarer is preparing to begin digging and identifying the wreck and the DEP permit is an important step in that process. Items found and documented on this site in past explorations by third parties suggest the wreck could be a French or Spanish ship from the late 1600s but it will require more work to determine with accuracy what is actually contained on the site.
"We are certainly happy to be one step closer to being able to explore and identify cultural material of the Lantana site" said Kyle Kennedy, CEO of Seafarer. "I want to personally thank the hard working individuals of the DEP who thoroughly dove, investigated and processed our 2nd site, Lantana; with special thanks to Benny Luedike who advised and proactively managed all aspects of processing the permit. I also want to thank our own Joe Albert for his continual diligence and work ethic toward completion of the permit."
Mr. Kennedy continued. "We have stayed focused on our short term goals to obtain three concurrent active sites while researching for sites four and five. We have also maintained and furthered our goals of developing long term strategic relationships with both local and foreign governments and contributing to research and education. Our crew and myself have completed hours of educational study of archaeology classes given by Dr. John de Bry, and will have continual course study into the future. We have recently completed a research trip to France with Dr. de Bry where historical research was conducted and many interesting and significant facts were discovered. Some of the research pictures can be seen on our website www.seafarercorp.com."
Archival research was conducted by Dr. de Bry in the archives in Dieppe and also in both the Archives Nationales and the Bibliotheque Nationale de France (BnF) in Paris. His research was divided into two sections; (1) looking for and acquiring data on the 1715 Fleet that sunk off Florida on July 31st of that year, and (2) searching for documents pertaining to the Jean Ribault Fleet of 1565 sunk north of Cape Canaveral. Both endeavors were supported by Seafarer. Dr. de Bry located several documents pertaining to the 1715 Fleet as well as one important document related to the loss of the 1565 French fleet. He is of the opinion that additional documents on the 1715 Fleet will be located at the Archivo General de Indias (AGI) in Seville, Spain and in the National Archives of Cuba located in Havana. Such manuscript documents will help Seafarer achieve a more accurate interpretation of the cultural history of the Site (Melbourne Beach Site).
TAMPA, Fla.--(BUSINESS WIRE)-- Seafarer Exploration Corp. (OTCBB:SFRX.ob - News) announced today the company has received from the Division of Historical Resources a 1A-31 Recovery Permit active through April 25, 2014. The permit allows Seafarer the ability to dig and recover the designated site at Juno Beach, Florida using propwash deflectors (blowers) and dredges including other smaller specialized digging equipment for sensitive archaeological work.
Kyle Kennedy, CEO, stated: "This is fantastic. We are making history by being the first Company ever in Florida to receive a three year recovery permit. My thanks goes out to our dedicated staff and shareholders who have persevered through the battles and difficult challenges we have faced over the last year and a half. Through those adversities, we have come out stronger and better. We have targeted some areas of interest with the cesium vapor magnetometer survey which we will explore initially. We have developed relationships, which should evolve into future partnerships and/or joint ventures to create an exciting year moving forward. We have explored other sites in both the US and abroad to expand our knowledge and possible opportunities. We are being given an exciting opportunity with great responsibility to perform over the next three years. This is the single most exciting time in our Company's history. We are increasing our authorized shares to allow us the ability to capitalize our operations over time and finance future projects as they present themselves. We have now positioned ourselves to maximize our true potential. And as one of our shareholders, Jeff Vortman constantly tells me "Go for the gold", we certainly intend to."
http://finance.yahoo.com/news/Seafarer-Receives-3-Year-bw-3668036658.html?x=0&.v=1 ;
TAMPA, Fla.--(BUSINESS WIRE)-- Seafarer Exploration Corp. (OTCBB:SFRX.ob - News) announces the addition of two new Board members to help guide the company into the future. R. Chip Johnson and Charles Branscum have unanimously been voted in to join the Board of Directors to fill past vacancies. Kyle Kennedy, CEO, stated: "I am very pleased to have the caliber and high professional standards of each of these successful entrepreneurs to help us build the company. Mr. Johnson has a wealth of experience in small business development and the financial markets. Mr. Branscum has the insight of management and experience with a multi-billion dollar industrial company. The diversity and independent thought each brings to the table should help Seafarer in the years to come."
Mr. Johnson stated, "I am very excited for the opportunity to serve on Seafarer's board. With 23 years in the equities industry, including co-founding one of the largest broker dealers in Florida, and with a lifetime of maritime experience, I am looking forward to applying all my resources to this project. Having worked directly with Mr. Kennedy and his team, I have been extremely impressed with their drive and determination to succeed. Most impressive and important is the level of integrity demonstrated by every member of the company. I am proud to be part of this team and help build the fundamental structure to take Seafarer to the next level."
Mr. Branscum stated, "It pleases me, having known Mr. Kennedy over the last 30 years and seeing the successful companies he has built, to be part of something so exciting as Seafarer. To help answer the challenges a small public company constantly faces can be a very rewarding experience. I look forward to using my background and experience to help build shareholder value."
http://finance.yahoo.com/news/Seafarer-Introduces-Two-New-bw-3701397921.html?x=0&.v=1
TAMPA, Fla.--(BUSINESS WIRE)-- Seafarer Exploration Corp. (OTCBB:SFRX.ob - News) announced a Hillsborough County Jury rendered a verdict on April 5th 2011 at 4:45 pm in favor of Seafarer for $5,080,000.00 in compensatory damages. After two days of evidence had been presented in court, a jury determined that hundreds of on line posts written by Sean Murphy under the screen name of "Floridatreasurecapt" were false and caused a decrease in market price. Seafarer believes collecting any or all of the damages will be difficult to do, but will continue to try to collect until paid in full.
One of the Board Directors for Seafarer, Pelle Ojasu, stated, "We are pleased with the verdict rendered by the jury and I am very happy our CEO maintained his vigilance to prosecute those who would maliciously hurt the Company and its' personnel through relentless false postings over the last year. Now that the truth has finally come out, we can continue our focus on building shareholder value and executing our business plan." Lead trial attorney, Craig A. Huffman stated, "Mr. Murphy is going to be an example of what should happen to people who sit behind screen names and negatively, falsely, impinge the lives of people and of good companies. We are not done with him yet. This will set a precedent for small market companies to fight back." Co-counsel, David Chalela, stated, "We and our client are weighing the approach to take toward punitive damages in this case to dissuade others from doing this."
http://finance.yahoo.com/news/Seafarer-Awarded-5-Million-bw-3850860812.html?x=0&.v=1 ;
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Exchange: NASDAQ OTCBB: SFRX | |
Investor Relations Contact: Kyle Kennedy, CEO
Transfer Agent: 16540 Pointe Village Dr., Suite 201 Lutz, Fl. 33558 | |
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