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Seafarer Exploration SFRX
(Total Views: 269)
Posted On: 12/31/2019 2:49:26 PM
Post# of 7802
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Posted By: Coat Tail Rider
Re: Coat Tail Rider #5532
This is a significant action by Kyle and the board. There must be a purpose for the extension of shares in reserve.

I inquired about private placement purchasing and apparently Kyle is no longer taking private placement purchases. So the extra shares are not for that.

In addition, that means a significant slowing of dilution for now (not that I was ever concerned about that).

And on top of that anyone who wanted to purchase direct from the company via a private placement will now be directed to the open market to purchase shares.

Things are slowly changing for this company and for the better!

Good luck to SFRX shareholders in 2020!













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