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Saturday, November 06, 2010 11:50:39 AM
"Seafarer Exploration Corp. (OTCBB: SFRX) announced today they have retained Robert H. (Bobby) Pritchett III the CEO of Anchor Research & Salvage to assist Seafarer locate and review a joint venture, merger or acquisition opportunity"
SFRX did not announce a partnership in the (30) month contract in the Dominican Republic. They said they "retained" Mr. Pritchett, not merged with him, not partnered with him, etc.
The announcement released by SFRX on this subject is only propsecting. It's not hunting as of yet and did not have provisions in it that said anything more or anything less.
Additionally, Mr. Pritchett and A.R.S. in their press release did not mention SFRX or anyone a part of SFRX in the DR contract with the government there.
They merely retained Bobby to help them chart a better course to try and develop some new opportunities.
Here is the link to the A.R.S. press release;
http://forum.treasurenet.com/index.php/topic,358677.0.html
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