InvestorsHub Logo

hedge_fun

06/07/22 5:42 PM

#68303 RE: Goldenboy17 #68302

I’m sure Kyle does care about the pps........in

fact, he and the stock pimps seemed obsessed with it. That’s the entire business model, or so it seems.

Kyle has to issue discounted shares to stock pimps to help pay his salary. He has no alternative source of funding because they lack anything of value. That’s obvious.

Kyle is always touting to share price potential but NEVER ever offers any data justifying such a rosy outlook. The Bureau reports, much like the speed boat research vessels are a joke.

You never see the stock pimps touting the latest report or finding, unless it’s something absurd like ship fittings (the ring area). Or they suggest treasure is 5 miles from a big ballast pile, which is beyond absurd.

By contrast, EXPL and it’s shareholders aren’t concerned with the share price, but that doesn’t mean we’re happy about it either. It is what it is, but issuing shares is not how projects are funded.

No shares have been issued since the 2018 purchase of the AUV that included the data from the 2000 sq mile survey and a legal path to title to the Primary Target. We have seen data from that survey.

We saw the sonar image from the Pulaski survey BEFORE they began salvage last year.

We saw the sonar image of the Connaught BEFORE they sent down the ROV and encountered the nets. EXPL was still able to conformed the ID of the wreck. They have since built and tested the peel grab.

The research and locating the wrecks is the easy part. To salvage you need the right vessel, equipment, and gear, especially in deep water.

After 15 years SFRX is still at the research stage.

Kyle said in late 2020 there already was a media deal. Gonna be a series and a 2 hour movie. What happened?

Regardless, you can have it.

As real salvors have learned, media deals are a pain. They slow the process.

A documentary where you provide footage and/or commentary is a better option, unless you’re just looking to unload shares.

GL finding “real treasure” with such faulty research.