Seafarer Exploration Corp (SFRX)

[Raider21]

Quote: I think all the UNESCO talk (we won’t sell treasure) was by design in hopes the FBAR would miraculously issue a recovery permit.
________________________________________________

I don't know why but it seems that SFRX stockholders posting here either choose to ignore or sweep under the carpet how the UNESCO Underwater Cultural Heritage Treaty effects private sector historic shipwreck salvage. There are no longer any private sector contracts issued in any of the countries that have ratified the treaty, so in that respect it's a dead industry. UNESCO has a strong hostility towards treasure hunters and even though the U.S. has not signed said treaty, many of the states including Florida more or less agree with the content of the treaty in concept. They don't mind issuing explanation contracts and thus acquiring the resulting data, but list any new salvage contracts ever issued.