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Seafarer Exploration SFRX
(Total Views: 157)
Posted On: 03/20/2023 6:23:14 AM
Post# of 7802
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Posted By: hedge_fun
Re: Coat Tail Rider #7423
For years SFRX has claimed things like they needed one more item for a Recovery Permit or they were on the wreck.

A few years ago they suggested they raised the AS as part of some grand scheme to go to the NASDAQ and they were in the best fiscal shape they had ever been in. They had less than 5B OS then and Kyle admitted that was certainly a lot of shares. The OS count has since increased by over 50%.

They’ve led the investment community to believe success was imminent at Melbourne, don’t sell too early, etc, but it was all bullshit.

The only thing they’ve been serious about is DILUTION, and they’ve been very consistent with it. In the past 14 months the daily average issuance has increased by 50%.

To salvage shipwrecks you have to have government approval(s)/permission. There’s no way around it. None whatsoever.

So SFRX chose Florida. How’s that worked out?

Too bad Kyle didn’t get a chance to ask Roger Smith why he came up with the 1554 date on Juno Beach.

Glad I asked MFT about the “alleged” $15B valuation and got a response.

You’re a really good fit with SFRX













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