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Re: hedge_fun post# 65390

Wednesday, 09/15/2021 9:26:15 AM

Wednesday, September 15, 2021 9:26:15 AM

Post# of 76828
Quote: How do they arrive at such valuations? Who advised them on such valuations?
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As I posted before, for SFRX to place these BILLION dollar values on these two shipwrecks is an absolute misrepresentation, perhaps even fraudulent. I make this comment based upon the fact that the manifest, even with contraband, of the 1715 'Concepcion' would unlikely exceed twenty, twenty five million at best.

As for the multi-BILLION dollar Juno Beach wreck - scatter, they know not the year of the shipwreck, nor the name of the ship, thus I'd challenge them to produce the fantasy land manifest that supports this outrageous statement. Who ever came up with these numbers? Its hard to believe that these kind of 'carrots' are dangled in front of investors.
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