Seafarer Exploration Corp (SFRX)

[hedge_fun]

When Kyle can tell his marks, they’re on......

the wreck, while telling the SEC and Bureau something else altogether, he pretty much owns them.

General Dynamics spent years and even bought out Bluefin Robotics to complete the development of a mine detecting underwater vehicle. The Navy budgeted over $750MM for the project, including acquisition.

If the Navy could not revalidate that Knifefish was the right solution to identify buried and other mines, then the IG recommended the Navy was better off canceling the program and finding a “better use” for the $751.5 million dedicated to Knifefish research, development, testing, evaluation and acquisition.

https://news.usni.org/2018/06/05/navys-knifefish-unmanned-mine-hunter-passes-key-test

By contrast, the marks believe Tinkerbell 2.0 can be developed and produced by virtual start up companies in the AUV biz in a matter of months for a fraction of the cost.

Grabbing more popcorn.