Seafarer Exploration Corp (SFRX)

[hedge_fun]

I remember BWVI did such a RM……

Their SS was really sweet, like 70MM OS. There never was much of a market for their shares, and they had some success, acquired alternative funding, so there was no reason to remain a public entity. Selling control of the ticker was a good move for Keith as the company owed him $100’s of thousands. The new company didn’t even assume any debt.

The stock more than tripled in the weeks after the RM occurred to .75, so those that bought shares for salvage operations were thrilled.

Those that bought for the mushrooms should have done their DD.

My .0192’s did quite well. Thanks for the throwback.

I don't think this is one of those salvage companies that finds treasure…..

If that was what you had said, I would tend to agree.