Seafarer Exploration Corp (SFRX)

[hedge_fun]

I shared this elsewhere. A certain affiliate…….

is trying to suggest it’s STUPID to say a fully reporting company would have to disclose finding billion$ in a timely manner and could just wait until they could retrieve it all.

He’s attempting to float the idea, and has been for a while, that they may have even already discovered treasure.

He said that when they announced the social media updates back in the summer, and then when they started the YouTube videos.

Materiality: Determining whether information is material is perhaps the most difficult aspect of complying with Regulation FD.

Questions to ask include:
?? Is there a substantial likelihood that an investor would consider the information important in deciding whether to buy or sell the company’s securities?
?? Will the information alter the “total mix” of information available about the company in the market place?
?? Is the information likely to have a substantial effect on the market price of the company’s securities?

https://www.cooley.com/~/media/cooley/pdf/pg-guide-handbook/reg-fd-guide-june-2016.ashx?la=en