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Seafarer Exploration SFRX
(Total Views: 155)
Posted On: 02/10/2023 10:52:19 AM
Post# of 7802
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Posted By: hedge_fun
Re: Coat Tail Rider #7234
Reporting is always an option. EXPL went public to fund operations, but there wasn’t much of a market for the shares.

They didn’t go public to dilute the ever loving shit out of the company like SFRX has.

The funding EXPL now has is non dilutive to the company, something that is foreign to SFRX, who needs to issue about 3MM shares a day just to keep the lights on.

I told you EXPL float is about 3MM, didn’t I?

Regardless, SFRX doesn’t have the option of not reporting because they’ve diluted the ever loving shit out of the company.

6000 shareholders…….weeeeeeee!!!

Until funding is no longer needed, which could be very soon, EXPL could start trading again, but no one is obsessed with share price like the folks at SFRX are.

At some point a divvy is possible or even share a buyback.

When you have a pipeline of wrecks with valuable cargo that you have located and identified, retrofit the right equipment on the right vessel, then possibilities are endless, especially funding.

Crusty you can tell your imaginary friends if they were looking to flip shares, they should have headed their brokers two written warnings before EXPL stopped being quoted. The whining reminds me of SFRX and certain shareholders/affiliates who whine about the FBAR, Judd, Torres, the Corp, crew members, and critics, and claim that’s who’s held them back.














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