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Seafarer Exploration SFRX
(Total Views: 363)
Posted On: 01/30/2020 7:20:34 AM
Post# of 7802
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Posted By: hedge_fun
Re: PhonyBologna #5769
Did you consider the last sentence in the filing?

On December 30th, 2019 the Board of Directors, pursuant to Section 607.0704, Florida Statutes, the Board of Directors, acting as shareholders of the Preferred Shares and pursuant to their own resolution, voted to increase the authorized shares of the Corporation from 6,900,000,000 common shares to 9,900,000,000 common shares. Such filing was processed to be effective with the State of Florida on December 30th, 2019.

https://www.sec.gov/Archives/edgar/data/11062...-17852.htm

Why did the AS raise need to be effective 12/30?

They didn't need them to be effective by a certain date on 11/14 when they raised to 6.9B.

On November 14 the Board of Directors voted to increase the authorized shares of the Corporation from 4,900,000,000 common shares to 6,900,000,000 common shares.

https://www.sec.gov/Archives/edgar/data/11062...rm10-q.htm

We also know the TA (ahem) verification at OTC on 1-15-20 is flawed. The question is, are there more flaws than what is obvious?














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