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hedge_fun

10/28/23 3:35 PM

#71911 RE: LittleBirdin my Ear #71910

This is what Kyle said on the matter…..

If anything has changed no one needs to call him, he needs to update the public per Reg FD.

What he said is different than what you said when you claimed it would be issued by the middle of this month. Not sure how you know when the company says they don’t even know if the permit will ever be issued.

The Company is currently awaiting a permit from the USACE for its Juno Beach shipwreck site. This permitting process has taken longer than anticipated, the Company and some of its advisers have had meetings and discussion with USACE personnel regarding the permit. There is the possibility that the permit will continue to be delayed, potentially for an extended period of time poten. (sic) The Company is not able to predict when, or if, the USACE permit will be issued for the Juno Beach shipwreck site.

Page 26: https://www.sec.gov/ix?doc=/Archives/edgar/data/1106213/000119983523000432/sfrx-10q.htm

In the meantime, I guess they’ll just wait, which I take to mean they have nowhere else to go.