Seafarer Exploration Corp (SFRX)

[GREGG THE GREEK]

AND this covers a lot of what i just posted which i received via my telephone conversation, except this is not in my layman's term

but basically the same thing i just posted in more detail

Thursday, July 31, 2014 3:26:14 PM
Re: surfsidedan post# 34373 Post # of 34386
According to that, we WILL get owenership WITH rights to 80% of what we bring up.

look, this is from the reg. On the 1A-31, not the 1A-32 permit.

<<
1A-31.090 Transfer of Archaeological Materials, Title to Archaeological Materials Conveyed.
The division may transfer archaeological materials to which it holds title to the permittee in consideration of recovery services provided to the state
under the terms of a recovery permit. Specific provisions for transfer of archaeological materials will be specified in each recovery permit.
(1) The division will ensure that materials are transferred so that the permittee receives approximately 80% of recovered archaeological
materials, with the division retaining approximately 20% of recovered archaeological materials;
(2) Distribution of the recovered archaeological materials will be negotiated by the division and the permittee based on the historical value of
recovered materials;
(3) Current holdings in the division collection shall be considered in the distribution of recovered archaeological materials;
(4) Artifacts recovered under an Exploration Permit for the same area or historic shipwreck site will be included in the pool of artifacts
considered for transfer to the permittee, per subsection 1A-31.065(1), F.A.C.; and
(5) Each transfer of archaeological materials will include a written statement from the division to the permittee conveying title to the
transferred materials.

SFRX