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  4. Seafarer Exploration (SFRX) Message Board

$SFRX - A lot of good stuff to learn about today.

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Post# of 7802
Posted On: 09/04/2014 8:55:46 AM
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Posted By: wlfr01
$SFRX - A lot of good stuff to learn about today.

From the $SFRX Lawsuit against Buccaneer 1961

26. Throughout his postings, V******** shows that he has no direct or real knowledge as to how a public company which is a startup receives money from investors or in other fashion. Throughout his postings V******** continuously states that the Company pushes false or partially false news in order to drive up the stock price so that the Company, or persons related to the Company, will be able to sell shares directly into the market for such money. This is a complete falsity and shows V******** does not know how public companies receive funding when they are in a pre-revenue state. Companies and insiders cannot, and SEAFARER does not, as a matter of law and regulation sell shares, or has anyone on the Company’s behalf, sell shares into the market to gain investment money for operations. V******** in his postings continually ignores this as set forth below derides the Company and deceives readers on the board that the Company is using press releases and rumors in order to sell shares into the market in order to gain money for insiders and make money off of shareholders. All stated in false and misleading fashion that misleads readers of such postings as to what the Company does to fund itself.


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