Seafarer Exploration Corp (SFRX)

[hedge_fun]

Accounts payable and accrued expense $220,021.....and

that doesn't include the debt notes.

Perhaps the previously stated RUMORS regarding the divers (including Ace) not being paid up to date (at the time) might not be far off the mark???

SFRX has accumulated losses over $10MM. Shareholders are scratching their heads wondering what's going on, but it's all right there in the filings.

Management is a disgrace. And they are exactly why the OTC has a bad name.