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  4. Seafarer Exploration (SFRX) Message Board

Damned if you do, damned if you don't. Seems th

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Post# of 7803
Posted On: 09/09/2015 11:58:37 AM
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Posted By: Coat Tail Rider
Damned if you do, damned if you don't.

Seems there is a tendency of some to criticize SFRX no matter what they do.

Example 1:

If investors buy shares directly from the company in private placements, that, to some people, is bad.

If those investors hold on to those notes and agreements and don't convert them to shares for trading, that, to some people, is bad because that is defaulted debt for the company (even though the conversion method and timing is up to the lender).

If, after 6 months or more, those investors convert those shares (relieving the debt) in order to HOLD or sell the shares in their trading accounts, that, to those same people, is bad because those investors are benefitting from buying at a discounted price (even though they take the risk of not knowing what the price will be six months down the road).

So it's bad if they buy, bad if the sell, bad if they hold.



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