Some of my favorite parts:
Read More: https://investorshangout.com/post/newpost/666...z64d9pX29S
He says Seafarer gets a commission from these federal contracts and I think he would know since it's his company. But a certain convicted felon (who's been paid to bash this company for years) says they only get 1%. However Seafarer owns 1% of P&S. So they already get 1% before the commission. I guess that was another subject the Convict knew nothing about yet continued to spout BS propaganda as though he did.
Quote:Most of P&S business is aerospace, been working with Seafarer for about 2 years.
Significant shareholder
Our goal is to give Seafarer the biggest advantage, make them the most competitive in their field
We saw we could improve on tech with new types of sensors, new sensor arrays, software, better data analysis, we worked with Wild Manta
No longer 1970's technology
Wild Manta built the first one, 10 more are in production
First Seasearcher is in the water now, today, looking for treasure
Second Seasearcher is fully funded
They build some of the parts with their fabrication facility
Advantage is it can see underneath the seafloor, 10-20-30 feet into the sand, you can see in 3-D what is under there
Can run it over for 35-ft swath at a time and look to see if it is worthwhile
Other sensors will interrogate the metal and tell you what it is
Game changers, incredibly ahead of competitors
Monstrous step forward in technology
I’ve seen initial results, we have 700 computers here, good to have us on your side because Seasearcher brings in tremendous amounts of data and we can give them a very clear picture of what is there
Results are extremely impressive
Allows them to go over previously searched areas and now have a completely new picture
They’ve spent 10-12 years searching and new these devices are going to give them a competitive advantage in the marketplace, they are really, really good
Kyle very good at networking, very good reputation and has adopted the blockchain technology to keep track of treasure from water to museum
Kyle has a lot of Washington DC contacts
P&S has picked up 5 federal contracts now with blockchain tech
Seafarer gets a commission on these contracts and should provide good cash flow
Stock price is ridiculously low
Current wreck has tremendous potential
I think they are going to hit big, very excited about it
We are believers
Read More: https://investorshangout.com/post/newpost/666...z64d9pX29S
He says Seafarer gets a commission from these federal contracts and I think he would know since it's his company. But a certain convicted felon (who's been paid to bash this company for years) says they only get 1%. However Seafarer owns 1% of P&S. So they already get 1% before the commission. I guess that was another subject the Convict knew nothing about yet continued to spout BS propaganda as though he did.
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