Seafarer Exploration Corp (SFRX)

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Government contract specifics are often not disclosed. Though we have made progress on spending transparency over the last decade, current contract disclosure standards remain inadequate to allow substantive evaluations of individual spending decisions. This is because the federal government does not proactively post the documents related to government contracts as a part of standard spending transparency disclosures. While the federal government has several times considered establishing a policy to proactively post contracts, the step has never been taken.

Further clarity on the questions about various contracts. Don Beavers, CEO of P&S, stated, “... we're pleased to have received this additional government agency contract through the efforts of the Blockchain Logistech team at Seafarer SFRX.

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 SFRX first State level contract sometime in the third quarter.

CEO 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.”

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.”