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Posted On: 05/15/2021 5:55:24 PM
Post# of 7802
From the 11-14-19 10Q.......
The Company is also actively researching, exploring and testing new technology to help more accurately understand current and future wreck sites in an unobtrusive manner. Up to the date of this filing, all tests of new and unproven technology and methods have failed with the exception of a proprietary search device that the Company has developed in conjunction with an outside technology laboratory. The device is named the SeaSearcher and is currently being tested and reviewed for efficacy.
See page 25 2nd paragraph here: https://www.sec.gov/Archives/edgar/data/11062...rm10-q.htm
The Company is also actively researching, exploring and testing new technology to help more accurately understand current and future wreck sites in an unobtrusive manner. Up to the date of this filing, all tests of new and unproven technology and methods have failed with the exception of a proprietary search device that the Company has developed in conjunction with an outside technology laboratory. The device is named the SeaSearcher and is currently being tested and reviewed for efficacy.
See page 25 2nd paragraph here: https://www.sec.gov/Archives/edgar/data/11062...rm10-q.htm
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