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hedge_fun

09/18/22 8:04 AM

#69423 RE: nicoausto #69422

The theme from the company this season seemed to……

focus on archaeological research, as that will be important to their revenue stream when they get media deals and museum exhibits per their business plan.

Until they get those revenues pouring in they’ll have to continue diluting as they have no other collateral…..ie research of known wrecks with known valuable cargo with the right legal profile.

I think affiliates are simply embarrassed by the lack of progress and are trying to embellish things a bit with talk of “short order” confirmations of whether a wreck has treasure or not. Probably just looking to dump shares.

SFRX has spent years and years on Melbourne and I don’t see that changing anytime soon even if they keep coming up empty. It’s been good for raising capital.

I didn’t know they posted the Juno dive video. I don’t recall any comments about it. Not surprised.