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Seafarer Exploration SFRX
(Total Views: 1020)
Posted On: 04/03/2017 8:44:17 AM
Post# of 7802
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Posted By: hedge_fun
Re: Coat Tail Rider #3284
Hard to DENY though some do, huh? Those are the professional DENIERS.

Here's more contradictions in their filings.....aka LIES.

Complaint 9/14

58. Due to VOLENTINE's postings, SEAFARER's business suffered when there were contracts lost due to his postings being seen by contracting and permitting authorities, entities or persons.

https://www.scribd.com/document/270686345/Seafarer-Complaint

Response to Interrogatories June 2015

14. Identify all contracts and vendors that have been lost by SEC as a result of the postings of Defendant.

There have not been established vendor losses. However, the company did suffer sales of shares that were sold by shareholders. Additionally, the company had to distribute a vast number of shares which were in addition to what would have had to be issued due to the actions of the Defendant. On July 1, 2014, the share price of the corporation was $0.0245 per share. Due to the postings of the Defendant the stock price to $0.006 per share in October 1, 2014 when the Defendant was still posting libelous matters. Thus, the company had to issue three times more shares than it would have had to issue when the price was higher. As an example, if such share price were at $0.024 per share, and the company were selling restricted shares for $10,000, then the company would issue 408,163 shares. However, due to the price declination due to the Defendant’s postings , when such share price was declined to $0.006 per share, then the company would have to issue 1,666,667 shares. This is a vast amount of dilution to the shareholders of the Company due to the Defendants actions.

https://www.scribd.com/document/270687669/Sea...se-6-15-15
















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