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sctts

04/04/16 8:35 PM

#46551 RE: boiler99 #46550

If this is a pump and dump then the Kennedy family and friends are doing it all wrong. They have lots at stake here.



Lol, everyone knows its not, time to get the permit and start diving
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hedge_fun

04/04/16 8:59 PM

#46552 RE: boiler99 #46550

Putting out a PR about "3 items" is doing....

it right?

If this is a pump and dump then the Kennedy family and friends are doing it all wrong.



The permit doesn't mention "3 items". If it did I am certain the company or a shareholder would have provided the "alleged" readily available info a long time ago. Under Fl law I would have to have "plead guilty" written a correction, and issue an apology within a specified time frame Kyle could have taken that admission by me to a Judge and sought damages. For some reason he and shareholders balked.

Now an $8700 purchase doesn't make a false PR true. Nor does it mean propwash deflectors (blowers) can be used.

Open the books. ClearTrust has the records. Hopefully the Judge will order ClearTrust turn them over ASAP, and perhaps hand down sanctions for criminal contempt.

But Your Honor, we had them available at the last hearing.

I don't recall the PIPE (ahem) investor making that claim when he gave the hearing play-by-play, which differed from Huffman's account.

One conversion could include 12-20 pages of documents. The transaction journal could have been several pages long. But SFRX thinks they can just be reviewed during or after a hearing?

Really?

I bet they want people to think they found the kannon too, huh? Or they can use blowers.

But it's no pump and dump because we see a Director who may have invested almost $9K, and so that disproves the obvious?

Oh Lord. That purchase could have simply been to help pay the audit fees. He's been getting $26-29K in shares a year for being a Director for the past couple years.

During the year ended December 31, 2014, the Company paid a fee of 2,000,000 restricted shares of its common stock to Dr. Robert Kennedy, valued at $29,000, in exchange for his participation as a member of the Board of Directors. During the year ended December 31, 2013, the Company paid a fee of 4,000,000 restricted shares of its common stock to Dr. Robert Kennedy, valued at $26,000, in exchange for his participation as a member of the Board of Directors.

Page 26 here: https://www.sec.gov/Archives/edgar/data/1106213/000119983515000091/seafarer_10k-06335.htm

He votes to raise the AS or issues a BOD resolution to issue shares, and he gets paid that much in stock?