Seafarer Exploration Corp (SFRX)

[jrf30]

"It would be an interesting exercise to see what percent of treasure has been given up to lenders over the years. "

Zero percent. SO far. Kyle sold shares instead of treasure. the potential deal for Juno was the first (but not the last) deal where treasure was offered. There are some other deals int he works, and actually make SENSE to me. We don't sell shares at this low of a price. People can get rewarded if we find something, and not if we don't, just like shareholders, but we don't dilute more shares.

So far though - zero. It's a new concept for SFRX to raise money witht he price where it is.

oh - IMHO