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Seafarer Exploration SFRX
(Total Views: 265)
Posted On: 01/03/2020 3:09:53 PM
Post# of 7803
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Posted By: hedge_fun
Re: Coat Tail Rider #5583
That's another BS claim. You really should read the filings and/or get help with interpreting them. They did NOT choose shares over payment.

AND WHY IN THE WORLD ARE THEY GETTING PAID? They've done nothing but oversee FAILURE.

Officer Compensation

The Company does not have a formal compensation plan in place for its officer.

(2) During the year ended December 31, 2018 the Company paid a fee of 23,000,000 shares of restricted common stock to Mr. Branscum, valued at $23,000, in exchange for his participation as a member of the Board of Directors. During the year ended December 31, 2017 the Company paid a fee of 20,000,000 shares of restricted common stock to Mr. Branscum, valued at $34,000, in exchange for his participation as a member of the Board of Directors.


(3) During the year ended December 31, 2018 the Company paid a fee of 23,000,000 shares of restricted common stock to Dr. Kennedy, valued at $23,000, in exchange for his participation as a member of the Board of Directors. During the year ended December 31, 2017 the Company paid a fee of 20,000,000 shares of restricted common stock to Dr. Kennedy, valued at $34,000, in exchange for his participation as a member of the Board of Directors.


(4) During the year ended December 31, 2018 the Company paid a fee of 20,000,000 shares of restricted common stock to Mr. Clark, valued at $18,000, in exchange for his participation as a member of the Board of Directors.

(5) During the year ended December 31, 2018 the Company paid a fee of 20,000,000 shares of restricted common stock to Mr. Soeder, valued at $18,000, in exchange for his participation as a member of the Board of Directors. Mr. Soeder was also a member of the Company’s Advisory Council during the years ended December 31, 2018 and 2017. During the years ended December 31, 2018 and 2017 Mr. Soeder received 5,500,000 and 5,000,000 shares respectively of the Company’s restricted common stock for his work as a member of the Company’s Advisory Council, the compensation paid for specifically for his advisory council work was paid prior to Mr. Soeder joining the Company’s Board of Directors and is not listed in the table showing fees paid for being a member of the Company’s Board of Directors.















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