Seafarer Exploration Corp (SFRX)

[Goldenboy17]

All good questions. Some of these questions have already been answered on the board over time but I'll spare you sifting through thousands of repetitive posts.

1. Can the strategy be successfully executed? Yes, but this question depends on the answer to your second question.
2. Does Seafarer technology work? The SeaSearcher is the specific technology you are referring to. While Seafarer and Wild Manta have paired up to do a few other industry improvements in tech, those are minor compared to the SeaSearcher. They have done trial runs in a variety of locations and conditions, including the ocean, with a variety of metals, including gold and silver. These tests confirm the functionality of the SeaSearcher. As the SeaSearcher is used more, it's ability improves as it learns as it goes. Some of this was discussed in Dante's interview. While these internal tests have been successful and appear to be showing to major investors that the tech does work, the only convincing proof is for the tech to be used to find treasure in a previously unknown location, like Juno.
3-4. Areas of interests identified? Yes, comments in interviews have discussed "areas of interest". I believe that if Juno had no area of interest, they would move on from the site as they did with Melbourne.
4. Media produced to generate interest? Yes, they are working several fronts and see a lot of potential for this.
5. Wild Manta/Seafarer relationship, who owns tech? Seafarer hired WM to develop the SeaSearcher. Wild Manta appears to be expanding it's offices. Seafarer owns the tech.
6. Permits and approvals? Certainly a subject that has drawn attention from the company. I'll just say that success breeds success.
7. Goals for SFRX? After success of tech and treasure, move to NASDAQ as quickly as possible. Process for this has already been lined up. Continue to find treasure at many wrecks, new wrecks and expand to other industries.
8. Investments by affiliates and their benefit. You can look up their histories to see how they might benefit the company, being tech investors is a good start. Filings mentioned one investor had about 500M shares. I think it was Max and he has more now. The family of CEO is said to have around 1B shares collectively. Other investors also individually own 100s of millions of shares.

Hope this helps. I'm just a shareholder but a well-informed one who does DD. I'm not answering these questions as a representative of the company, just an investor who has been here a long time.

An important comment you made:

You don’t know what you don’t know, what progress is being made against what is being publicly communicated, and what strategies, relationships, and other initiatives are being worked behind the scenes.