Monday, August 14, 2023 3:20:15 PM
The Company is currently awaiting a permit from the USACE for its Juno Beach shipwreck site. This permitting process has taken longer than anticipated, the Company and some of its advisers have had meetings and discussion with USACE personnel regarding the permit. There is the possibility that the permit will continue to be delayed, potentially for an extended period of time poten. The Company is not able to predict when, or if, the USACE permit will be issued for the Juno Beach shipwreck site.
Page 26: https://www.sec.gov/ix?doc=/Archives/edgar/data/1106213/000119983523000432/sfrx-10q.htm
Sounds like they should focus on those others sites Kyle says he knows about, at least for now.
I wonder what those valuations will be.
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