Do you review your posts before hitting the "create" button? Just curious.
Quote:I can't help it if Daniels blames it all on Micah. I didn't say what he blamed on him did I?
And again.....
Quote:Got to admit that there are a lot of similarities in what Daniels and company did and what Micah tried to do with SFRX but was stopped by Kyle and Kara. But you just ignore their connections and play dumb.
And sorry, I'm not a professional stock manipulator like your are so I don't know who issues stock or prints the certs. And in the case between Kyle and Micah it does not matter. YOU will pretend it does. What matters is what Micah tried to do once he had the certs. Thus the lawsuit and countersuit.
You know all about filing 211's and nothing about how shares are issued and who prints CERTS? Who's playing dumb?
You know what a broker dealer does, but not what a transfer agent does, and only "alleged" stock manipulators know what they do?
I bet your Match.com profile was challenging for most to digest, but at least you have the other LIBELOUS love bird to nest with.
The 34.7MM shares issued to Micah were obviously validly issued and fully paid. Micah even filed with the SEC his ownership and intent. Kyle disclosed the same amount owned as well via Credo. See further down in this post.
Item 3. Source and Amount of Funds or Other Consideration.
The reporting person purchased the 34,700,000 shares of stock for the purchase price of $5,000.00 paid from personal funds.
Item 4. Purpose of Transaction.
The purpose of the purchase was to invest in Seafarer Exploration and to provide the reporting person with property to distribute to an aggregate of 30,360,000 shares to an aggregate of 36 family members, associates, employees and others.
(a) The reporting person does not plan to acquire any other securities of Seafarer Exploration; however, the reporting person distributed 30,360,000 shares of Seafarer Exploration’s common stock to an aggregate of 36 family members, associates, employees and others;
https://www.sec.gov/Archives/edgar/data/11062...red13d.htm
So why wouldn't Kyle remove the restrictive legend? Did it have anything to do with the pink slip he got after he lost his license? Micah paid for the shares, did he not? The company got the money, correct? Kyle never refuted the validity of the shares, did he?
Oh wait, I know, Kyle said Micah "may have" wanted to distribute the shares as part of a scheme to avoid registering them.
But isn't that what Kyle does with all those family members who are directors, consultants, transfer agent, etc? Is that illegal? Are those shares registered? Of course not.
Filing Date
2009-05-11
In 2001, Mr. Kennedy co-founded Spartan Group Holdings, Inc., a group of companies offering security sales and trading and investment banking services. In 2003, Mr. Kennedy was also one of the founders of Island Stock Transfer, a securities transfer and processing company with whom he is still associated.
(3)
For the purposes of this table the share amounts being shown as beneficially owned by Mr. Kennedy includes 34,700,000 shares legally owned by Credo Argentarius, LLC (“Credo”) even though Mr. Kennedy’s wife legally owns 100% of Credo (Credo’s mailing address is 18829 Rue Loire, Lutz, FL 33558), 1,094,000 shares legally owned by Mr. Kennedy’s daughter, 694,000 shares legally owned by Mr. Kennedy’s daughter, 347,000 shares legally owned by Mr. Kennedy’s father, and 200,000 shares legally owned by Mr. Kennedy’s daughter.
Kyle did a good job dragging out a lawsuit on shareholder's dime, that ultimately cost shareholders more than it would have saved them because Kyle's reformed after being sued by the SEC and is a stand up guy.
If Kyle had proof there was such a scheme, why didn't the lawsuit get dismissed and why did it drag on for years and years?
Now the hope is that it's Stormy that's gonna bring down the guy that fired Kyle after he was sued by the SEC and lost his license.
Good luck finding more spikes.
