Seafarer Exploration Corp (SFRX)

[Goldenboy17]

A few corrections are required concerning your post and question.

Throughout this summer, Queens Jewels found 1,051 silver coins and 5 gold coins on one of the 1715 wrecks. They did not 'find' a new unknown wreck. They were diving and have been diving for years on what remains of the six known 1715 wrecks that were driven into the shore at the time and have been salvaged for the last 300 years.

Simply put, those wrecks were found in the 1960s and are grandfathered in and avoid the permitting process that is required for new wrecks today.

Also, Seafarer was not 'given the permits' for the other wrecks on the Florida coast that are currently known by the state of Florida. But he will have access to them once there is financing and the SeaSearcher is proven to work. But any of those wrecks will require a permitting process. And yes, it was part of the settlement for the corruption in the department at the time.

Oddly enough, regarding those known 1715 wrecks, several years ago Kyle and SFRX won a bidding war against Brent Brisbane for the rights to the six known 1715 wrecks. But the Fishers, who were selling them, were forbidden from working with or interacting with a publicly traded company so the winning bid defaulted to Brent.

https://www.smithsonianmag.com/smart-news/divers-recover-more-than-1-million-worth-of-gold-and-silver-coins-from-310-year-old-treasure-fleet-shipwrecks-180987434/