Replies to post #71703 on Seafarer Exploration Corp (SFRX)

[Raider21]

Quote: So now we have Juno, waiting on permit to go find treasure covered in worm shyt.
Why do I not believe this. Now of course I hope treasure is at Juno. But I have my doubts because we just saw what happened at Melbourne. one)
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I've said it before and I'm saying t again. You are one of the few (if not the only one) that posts here with any common sense.

Billions in treasure under worm poop is absolutely total nonsense.

[hedge_fun]

FYI, there’s 8.190B OS. SFRX has issued…….

over 1B this year alone, while supposedly waiting on a permit. Plus the share price is up YTD.

The share price increased and dilution increased as well.

Dilution is rising faster than McDonald’s burgers served count.

Also, Torres got the share price to .0192, which I believe is the decade high.

Good luck Gman. Hope you find a profitable exit.

If I’m wrong about Juno, I’ll be the first to congratulate longs.

Years ago when they first got the recovery permit for Juno, they would say in the filings that without the ID of the wreck there was no way to determine the value of the wreck. That had to be AFTER they “allegedly” got the $15B valuation from the Fishers.

Juno Beach Shipwreck Site

The Company has previously performed exploration and recovery operations at what it believes to be a shipwreck site located off of the coast of Florida in northern Palm Beach County, more specifically in an area known as “Juno Beach” (the “Juno Beach Shipwreck”). The Company believes that it is possible that the Juno Beach shipwreck site may potentially contain remnants of a sunken Spanish ship; however, the Company does not have definitive evidence of the ship’s country of origin. Due to the fact that the Company does not currently have sufficient data to positively identify the potential Juno Beach shipwreck, or its country of origin, it is not possible to determine whether or not the ship was originally carrying cargo of any significant value. Only remnants and scattered pieces of a sunken ship have been located to date, no main shipwreck body has been located. It is also possible that a ship began to break up on the site but the body of the ship actually sank in another area that is outside of the designated Juno Beach site and all that was left on the Juno Beach site were scattered remnants of the original ship that have little or no archeological or actual value. There is a possibility that there are not any artifacts of significant value located on the Juno Beach shipwreck site. The chance that the Company will ultimately recover valuable artifacts or treasure from the Juno Beach shipwreck site is very remote.

Page 7 here: https://www.sec.gov/Archives/edgar/data/1106213/000119983512000202/seafarer_10k12312011-15061.htm

[hedge_fun]

One other thing, the Juno treasure was……

supposedly 5 miles from the ballast pile. Remember that claim?

That was before they pulled the worm shyt theory out of their asses.