Seafarer Exploration Corp (SFRX)

[hedge_fun]

Not according to Mary and Florida statutes........

There was always a recognition that there would be a salvage permit. The three items would trigger the salvage permit.

See item 7, that has been posted repeatedly.

and a "conversion" to a recovery permit is not guaranteed.

and what is stated in the news should not be assumed to be accurate.

https://www.scribd.com/doc/315053337/Email-Aug-27-15

From Mary's depo....

Q. What requirements are needed to be able to
4 get a full salvage permit?
5 MR. FUGETT: Objection to form.
6 Go ahead if you know.
7 THE WITNESS: Are you referring to a
8 recovery permit?
9 MR. KIDD: Yes.
10 THE WITNESS: Okay. The permittee would
11 have had to have received an exploration permit,
12 surveyed an area, identified potential elements of a
13 shipwreck, and then report on it. At that point
14 they would apply for a recovery permit, and we would
15 evaluate the information and make a determination.