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Seafarer Exploration SFRX
Posted On: 04/05/2016 5:24:51 AM
Post# of 7802
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Posted By: hedge_fun
Re: Coat Tail Rider #1963
At some point Kyle is gonna have to prove the "3 items" if he chooses to move forward with a lawsuit. I assume he will fail just like you did when you tried to claim SFRX doesn't issue floorless convertible notes. Geez, even Huffman got that right, which should tell you something.

Anyone that can read SEC filings can see that they do issue those notes. And anyone that can read the permit can see there is no provision for "3 items" or an 80/20 agreement. When SFRX completes one phase, they can apply for the next phase like everyone else, just as Florida law allows.

The current permit isn't in any way "complex", and the FBAR has a 90 day window in which they must notify the EACH applicant as to whether they intend to issue a permit or not. But we've been told by a PIPE investor Mary said it was basically ready to go over 6 moths ago.

Good thing she's being deposed, huh?














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