NAPC Defense Inc (BLIS)

[hedge_fun]

TSR will be the sub of a sub.......In

other words they’ll probably get 20% of what they find.

The state gets the first 20%. Queen’s Jewels (Brent Brisben) owns the rights, and after the state gets their 20%, Bounds splits 50/50 with Queen’s Jewels.

TSR likely has a 50/50 split as well. So half of 40% would be 20%.

Find 5 coins and keep 1.

WHAT A DEAL!!!

BTW, Spain salvaged most of the wrecks as many were sticking up out of the water. Plus salvors have explored that area for decades. Not likely very promising.