Replies to post #71043 on Seafarer Exploration Corp (SFRX)

[LittleBirdin my Ear]

Agree with that !!!
SFRX is Definitely not a "Scam Penny Stock"....

Penny Stocks are Notorious for ripping off investors for the benefit of the company officers.
They do this by Pump & Dump, cash out, Rinse & Repeat via a (RS), Reverse Split.
Kyle Kennedy (SFRX) has Never done this and I've been around for years now.
Thus, I'm speaking from personal experience.

[hedge_fun]

Billions of shares is the only TONNAGE SFRX has……

produced.

What if related parties forgave debt and didn’t dilute the ever loving wee wee out of the company? It takes over 275K shares a day just to pay Kyle’s salary at the current share price, and we know the company sells discounted shares. At a 20% discount that’s over 300K a day. That includes weekends and holidays.

whereby, the Lenders have agreed to forgive approximately $406,000 of debt owed by the Company to the Lenders.

https://www.otcmarkets.com/filing/html?id=11760365&guid=_VD-kWOZB0nSJth

the owner of 42.79% of the Company and an officer of the Company, agreed to provide a line of credit in the amount of $500,000 to the Company so that it would have the liquidity and funds to carry out its salvage operations.

https://www.otcmarkets.com/filing/html?id=12668677&guid=_VD-kWOZB0nSJth#F103_HTM