Agreed!
I don't think it is difficult to see where this is going. If you can't connect the dots for this company, I can't help you.
And as a little refresher course:
SFRX applies for permit for Juno site (2008? 2009?)
SFRX is harassed online by a past fired employee (floridatreasurecapt and other online names)
SFRX wins $5,080,000 judgement in lawsuit against ex-employee Sean Murphy, aka floridatreasurecapt, etc.
Office that oversees and grants recovery permits is sued by SFRX for failure to grant a permit when legal requirements were met.
SFRX wins case against state office in early 2011. Staff of that office is fired by state of Florida.
SFRX gets permit for Juno in 2011, the first new permit issued by the state of Florida in decades and the first ever 3-year permit.
SFRX applies for and gets Phase I, II and Phase III permits for Lantana site. First treasure company in Florida history to simultaneously hold two permits.
Lantana site turns out to be a later wreck than hoped so no success with treasure. Major disappointment. Work on Lantana ceases and crew return to Juno.
SFRX applies for site #3 permit. A site some have rumored to be one of the missing ships of the 1715 fleet, the Nuestra Senora de la Concepcion, a wreck two of the best archeologists in the world (for this field) have said will be the biggest wrecks of their careers. One of those archeologists, Jim Sinclair, worked on the Titanic. He thinks this wreck will be "bigger". Also see another post 923 with a quote on this site.
SFRX finds the ballast pile of the Juno Wreck, main wreckage should be nearby.
SFRX forms a joint venture with Heartland Treasure Quest, owner of Concepcion wreck site.
This is a consistent and steady line of progress for SFRX.
Seems to me that any of two major things could happen any day or week now; 1) main wreck and/or treasure is found on Juno and / or 2) permit is granted for site #3 with treasure find coming closely afterwards.
While Juno is not a "known" wreck site, Concepcion is. Treasure items have already been found by Heartland predecessors digging blind by hand over a number of years without even a mag survey. So there is no use comparing Site 3 to Lantana as Lantana was not a known wreck site.
How long will it take to find treasure with an experienced shareholding crew, mailbox blowers, torpedo mini blowers, underwater metal detectors, a mag survey and other more recent technologies that have just been developed in the last few years? I don't think it will be too long after permit is granted. A day or two? A week?
Through all of this CEO Kyle Kennedy has received no salary or compensation for his efforts. He does own a lot of stock that he purchased himself when forming the company.
Members of the Kennedy family continue to buy stock.
No one wins until all of the shareholders win.
I'm sure Mr. Kennedy is ready to reap some benefits and rewards of his years of hard work raising money, traveling, hiring and firing staff and crew members, writing reports and other submissions, missing family events, negotiating or speaking with the investors, local, state and federal authorities, auditors, foreign governments, contractors, producers, politicians, equipment and survey providers and many of the other unknown things required to drag this company, kicking and screaming, to where it is now.
Investing in SFRX looks like a no-brainer to me at this point based on past activities of the company. When the permit is granted, we will begin our climb into multiple dollar land if we haven't already with the latest bump in price.
I don't think it is difficult to see where this is going. If you can't connect the dots for this company, I can't help you.
And as a little refresher course:
SFRX applies for permit for Juno site (2008? 2009?)
SFRX is harassed online by a past fired employee (floridatreasurecapt and other online names)
SFRX wins $5,080,000 judgement in lawsuit against ex-employee Sean Murphy, aka floridatreasurecapt, etc.
Office that oversees and grants recovery permits is sued by SFRX for failure to grant a permit when legal requirements were met.
SFRX wins case against state office in early 2011. Staff of that office is fired by state of Florida.
SFRX gets permit for Juno in 2011, the first new permit issued by the state of Florida in decades and the first ever 3-year permit.
SFRX applies for and gets Phase I, II and Phase III permits for Lantana site. First treasure company in Florida history to simultaneously hold two permits.
Lantana site turns out to be a later wreck than hoped so no success with treasure. Major disappointment. Work on Lantana ceases and crew return to Juno.
SFRX applies for site #3 permit. A site some have rumored to be one of the missing ships of the 1715 fleet, the Nuestra Senora de la Concepcion, a wreck two of the best archeologists in the world (for this field) have said will be the biggest wrecks of their careers. One of those archeologists, Jim Sinclair, worked on the Titanic. He thinks this wreck will be "bigger". Also see another post 923 with a quote on this site.
SFRX finds the ballast pile of the Juno Wreck, main wreckage should be nearby.
SFRX forms a joint venture with Heartland Treasure Quest, owner of Concepcion wreck site.
This is a consistent and steady line of progress for SFRX.
Seems to me that any of two major things could happen any day or week now; 1) main wreck and/or treasure is found on Juno and / or 2) permit is granted for site #3 with treasure find coming closely afterwards.
While Juno is not a "known" wreck site, Concepcion is. Treasure items have already been found by Heartland predecessors digging blind by hand over a number of years without even a mag survey. So there is no use comparing Site 3 to Lantana as Lantana was not a known wreck site.
How long will it take to find treasure with an experienced shareholding crew, mailbox blowers, torpedo mini blowers, underwater metal detectors, a mag survey and other more recent technologies that have just been developed in the last few years? I don't think it will be too long after permit is granted. A day or two? A week?
Through all of this CEO Kyle Kennedy has received no salary or compensation for his efforts. He does own a lot of stock that he purchased himself when forming the company.
Members of the Kennedy family continue to buy stock.
No one wins until all of the shareholders win.
I'm sure Mr. Kennedy is ready to reap some benefits and rewards of his years of hard work raising money, traveling, hiring and firing staff and crew members, writing reports and other submissions, missing family events, negotiating or speaking with the investors, local, state and federal authorities, auditors, foreign governments, contractors, producers, politicians, equipment and survey providers and many of the other unknown things required to drag this company, kicking and screaming, to where it is now.
Investing in SFRX looks like a no-brainer to me at this point based on past activities of the company. When the permit is granted, we will begin our climb into multiple dollar land if we haven't already with the latest bump in price.
