Replies to post #68275 on Seafarer Exploration Corp (SFRX)

[hedge_fun]

Kyle said last fall NOT TO INVEST in certain......

"quasi" salvage companies. Shortly after that BW more than tripled.

Some of us owned .0192's and sold shortly after they announced they were going private.

GREAT CALL KK!!!!

EXPL continues operating without diluting ownership while SFRX sells affiliates shares at .002.

Based on recent price action the SFRX discounts will likely go lower.

Oh, and since Kyle said NOT TO INVEST in certain companies, SFRX's downtrend continues.

Go figure.

At least SFRX got something right, except the second to the last sentence below. I'm sure shareholders read the (ahem) filings.

There are a number of competing entities who are engaged in various aspects of the exploration and salvage of historic shipwrecks, and in the future other competitors may emerge. Some of these companies are publicly traded companies and there are a number of small private companies, as well as some loosely affiliated groups and individuals, who claim to be in this business as well. Some of these entities may be better capitalized and may have greater resources to devote to the pursuit of locating and salvaging historic shipwrecks. Very few of these competing entities may also have significantly more experience than the Company in the exploration and recovery of historic shipwrecks. The Company could be at a material competitive disadvantage as compared to competing entities that are better capitalized, have more resources and/or who possess greater experience in the business.

Can you name an entity that has less experience than SFRX?

Very few?

Did Huffman write that during happy hour?