News Focus
News Focus
icon url

hedge_fun

06/22/24 5:07 PM

#75522 RE: monkeybusiness #75521

Yes, they are grandfathered in. That term……

means what happened before CAN’T happen again.

It’s like when a city says no new billboards. The existing billboard can stay, but there will be no new ones erected.

Team SFRX doesn’t grasp that concept, even when told multiple times by the state on multiple occasions. But don’t worry, they’re special.

Queens Jewels hold the rights in their permitted area, but the state made a claim too and settled on a 75/25 split, I believe.

The rights to the wrecks predate the 1987 ABA, which is why it’s grandfathered.
icon url

Seriously123

06/22/24 6:41 PM

#75524 RE: monkeybusiness #75521

I think SFRX is going to head down to other sites like the one that queen jewels has and use the sea searcher.

Then after we tell them exactly where to find the treasure we will keep a percentage of what is pulled up.

Imagine how many "grandfather" sites there are that don't know where to look. It's literally a Goldmine out there.