Replies to post #3925 on Blue Water Ventures Int'l Inc (BWVI)

[hedge_fun]

The share price movement here is similar........to

Seasnarer, who claimed a Peruvian death mask was found using “alleged” ground breaking technology by their CTO. You remember I’m sure. When I pointed out his departure, the company went into CYA mode.

Seasnarer went to near 2 cents (woohoo). It’s down about 50% from there. They’ve never found anything, and once claimed in SEC filings they had a Recovery Permit with Florida, which is false. I pointed it out and they finally changed the wording, but never amended the false filings.

By contrast, BWVI did pop to around 70 cents. EXPL went over a dollar when treasure was announced, but both are thinly traded, unlike OTC trash tickers like Seasnarer., who has about 5 BILLION OS. To move a penny 100’s of millions of shares have to trade.

Seasnarer is down 50% YOY, but last year we were doing surveys mostly, so treasure news is nearly 2 years old, except for the few coins we found on the SB North Carolina wreck.

Seasnarer needs more hot air paid promos to keep the share price up. We need to find more treasure. Not salvaging last year hurt the share price for sure. No doubt. It’s been 2 years.

Unless Seasnarer meets some of those lofty goals set in those paid promos, the downtrend will continue most likely. Wasn’t Q1 2020 supposed to be when treasure was going to be found, even though there’s no proof a wreck is there? C’mon it’s been two decades in a very small area.

The Seasnarer CEO has issued steep discounts that TOTALLY fund operations. They’ve never found treasure, much less a wreck. The 2 sites you have now you and your partners have been on for 2 decades, found a few artifacts and attempt to mock our $1MM handful of coins, which is amusing.

What we need is more handfuls of treasure, but ultimately we need a media deal.

Seasnarer is also now into what, (ahem) blockchain, the Tinkerbell find all treasure gadget, and a quantum resistant computer, right? Did I miss any thing?

Oh, and it’s about to go to the NASDAQ, right?

Thanks for lending the amusement. It’s been a fun day.