They are currently diving, and I am not aware of a

They are currently diving, and I am not aware of any recovery to date. That is something I am certain we would only hear about in a press release. Their burn rate is low, but that information on a public board is not appropriate. Our competitors read these boards. I will give you some help when looking at the financials. In Q2 and Q3 the company outlaid a significant portion of their spend to refurbish the Iron Maiden which is their primary salvage ship. All the repairs were paid for in full and the ship is owned 100% by the company. The boat had major upgrades and what I hear is performing well.

The staff that Kyle has assembled is top notch and some have incredible backgrounds. There is a wealth of experience and maturity which had been laking in the past. SFRX's archeologists are well known and worked some very high profile wrecks.

SFRX has two sites with permits now, and they can be accessed from the same port of call for the Iron Maiden. That is a hugh deal !

Here is some information that you should have and work to verify:

1) Look closely at how the little debt the company holds but more importantly how it is structured
2) The company owns all of its assets
3) The company has purposefully been managed with just enough cash to run MOM as to protect dilution. Some have harsh criticism, but should be thankful
4) You have to acknowledge that the first 8 months of 2012 was a rebuilding year from getting the correct people in the right jobs and the rebuilding of its primary asset the Iron Maiden.
5) Even though the company was rebuilding its infrastructure, the CEO still managed to look for and secure opportunities for the company when it emerged with the correct people and infrastructure.
6) The CEO has not taken a salary, accrued bonuses, or options as terms for running the company.
7) The way in which he took SFRX public was creative.

8) Anyone that has talked with Kyle Kennedy knows that he has a real vision long term for SFRX and it is not hype but attainable.

Bottom Line:
SFRX is a well managed company and it is in its' best position ever to explode. The CEO is protects shareholder value at all costs. I hope one day you get the chance to meet him.

Dont miss the boat!