Seafarer Exploration Corp (SFRX)

[hedge_fun]

This is what Kyle said in a PR…….

after the Juno permit was issued.

Kennedy added, "With all the necessary permits now secured, and with the identification of promising non-ferrous targets by our SeaSearcher technology, we are poised for an exciting year ahead.

He never identified the targets as treasure, as is being suggested.

There were plenty of nonferrous metals on ships, be it cookware or even navigational equipment. Sometimes there was copper or lead sheathing that covered the entire hull.

Remember, Kyle stated in 2016 they were “on the wreck” at Melbourne. Not “a wreck” but “the wreck.” We know how that turned out, don’t we?

Whatever “promising” meant in the PR, don’t forget to compare that comment to the one in the 10K.

While non-ferrous targets have been identified by the SeaSearcher, none of these targets have been exhumed yet. There is also a strong possibility that there are no artifacts of significant value located at the Juno Beach shipwreck site.