(Total Views: 171)
Posted On: 03/13/2023 2:20:49 PM
Post# of 7802
Re: Coat Tail Rider #7388
From SFRX’s last 10K. This is what you refer to as an investment.
The Company’s net loss for the years ended December 31, 2021 and 2020 was $2,625,414, and $2,660,813, respectfully,
What could a real salvor do with about half of those annual losses?
Given the task list and the short weather window that we can work in the North Atlantic, we intend to resume our salvage operations as soon as practical. The cost of recovering the cargo of the Connaught is estimated to be $1,000,000 to $1,500,000.
The Company’s net loss for the years ended December 31, 2021 and 2020 was $2,625,414, and $2,660,813, respectfully,
What could a real salvor do with about half of those annual losses?
Given the task list and the short weather window that we can work in the North Atlantic, we intend to resume our salvage operations as soon as practical. The cost of recovering the cargo of the Connaught is estimated to be $1,000,000 to $1,500,000.
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