Replies to post #70627 on Seafarer Exploration Corp (SFRX)

[hedge_fun]

SFRX admits they rely on the ability……

to dilute in order to raise funds. Companies that rely on such often attract some real trash.

Whatever project you were involved with regarding MEXI, was likely seen by some as a way to fund their lifestyle, and not to fund a salvage project.

The project was seen as a means to an end, nothing more. Huffman did something similar at TEXX.

Salvage projects are hard. Fuel for research vessels is expensive. Getting non dilutive funding is very rare.

Dilution is as easy as hitting the print button. Success isn’t even required.

Some are a real good fit with SFRX.