OMG, what a concept? Holding someone accountable f
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As I have said a recovery permit means “they’re on a wreck” they can recovery and have a right to title. The news stories about the mask claimed SFRX gets 80% of what they find, which is BS without a recovery permit. But get a recovery permit and I will post a sticky at da Hub congratulating Kyle “The Bridge” Kennedy, as you called him many years ago.
A patent proves it works and means it belongs to them.......ie proprietary. I noticed in the Wild Manta PR the word proprietary is missing. I suspect if they get anything “developed” it will be using existing technology. I have no idea why they have not done that long before now. That’s what real salvors use. I doubt SeaSearcher will be rented out to government agencies.
The SeaSearcher(tm) represents some of the latest in precision location processing and imagery” said Tim Reynolds, President and CEO of Wild Manta, LLC.
I will amend the LARGE contract statement. The amount of any contract really doesn’t matter as long as they are moving toward Kyle’s stated goal of making enough to fund EXPLORATION activities. The fact the contract amounts are not disclosed is a red flag. I suspect the 2 undisclosed contracts won’t pay 2 months rent on the beach house by the time SFRX get's their cut or dividend.
P&S shares were worth over $1MM when this thing was near 2 cents. If they sold they did real well for selling 1% of their company. If Kyle’s relatives that get shares for (ahem) services sold, they did well too. We should start seeing some revs next month in the Q, right? We’ll see if the company is doing as well as sellers of stock might be.
I have no issue being held to account for my previous statements. If the mask find proved the technology works, as Kyle said, where’s the silver and gold? Or are they simply purchasing a platform and adding the sensors they want like real salvors do?
I suspect if it’s the latter some PIMPS will suggest it’s their own proprietary technology.
Next?