Seafarer Exploration Corp (SFRX)

[hedge_fun]

What proprietary "tech" do people think SFRX……

has?

The platform is an unpatentable shallow water ROV built around readily available third party sensors. Anyone interested in obtaining this "tech" could acquire them for the same suppliers as SFRX. Even the “alleged” machine learning algorithms touted by SFRX are not a new idea and are being used by many other providers of subsea survey sensors.

Why would anyone with any experience or professionalism in the subsea space turn to SFRX for any technology systems when companies like Kongsberg or Lockheed have been providing reliable, state of the art, deep water capable systems for decades.

For the amount of money SFRX has spent on attempting to recreate the wheel, they could have long ago acquired a proven auv/rov platform with the same or better third party sensors, applied an existing machine learned system to the data processing component, and have surveyed and located numerous wrecks by now.

Anyone experienced in the industry will tell you that a multi year program focusing on either Juno or Melbourne indicates a really poor selection of shipwreck targets and exhibits their inability to work in any type of water depths beyond scuba depth.

The entire company is built upon one person's unsupported and misleading statements ($15 billion cargo value at juno) and naive investors delusions thinking they are going to become fabulous wealthy from this nonsense.

Shake those pom poms!!!