Phoenix, Arizona–(Newsfile Corp. – October 27,
Post# of 7795
Jolly began the interview by asking about the Company’s progress on its current projects. Kennedy shared that the Company is currently working on hull repairs on one of its ships, however expects a speedy repair within the next two weeks. “We have multiple sites that we are looking at that could all theoretically produce treasure,” said Kennedy before elaborating on these sites.
Kennedy then discussed the Company’s progress on their Juno Beach site where they recently discovered a significant ballast pile. “The ballast pile are rocks that are stored in the bottom of the old sailing vessels like Spanish galleons, as well as French and English ships, to stay upright,” explained Kennedy. “We’re just now getting into the analysis and we’re also wanting to get the SeaSearcher down on top of the Juno site,” he added. “We will continue to focus there and eventually DEP and CORP permits will allow us to move forward.”
Jolly then asked Kennedy to elaborate on the Company’s SeaSearcher technology. “There has never been equipment that could locate gold or silver; there’s only been equipment that could locate iron,” said Kennedy. “Our scientists built a machine that is capable of seeing gold and silver, and distinguishing metals underneath the sand, while also seeing those metals in 3D imagery,” he shared. “That has never existed before.”
“Where do you think your stock is going to go in a year or so without a reverse split and why?” asked Jolly. Kennedy discussed the significant value of potential treasure on the ocean floor and how only a small percentage of that amount could create a large asset valuation. With enough time and equipment, the Company could theoretically get out of the penny stock arena without a reverse split.
To close the interview, Kennedy elaborated on the Company’s potential as they continue to move forward with multiple sites and using their revolutionary SeaSearcher technology.
To hear Kyle Kennedy’s entire interview, follow the link to the podcast here: https://audioboom.com/posts/7968104-seafarer-...ay-podcast
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