I believe most companies are in business to ma
Post# of 7802
Posted On: 03/24/2013 9:06:24 PM
I believe most companies are in business to make money, and I believe that SFRX is in business to make money. With that written, SFRX has assembled a team which includes Kyle Kennedy and John deBry. Both men have a proven track record which have been disclosed numerous times on this and other boards. No secret. Since SFRX is in business to make money, smart investors read the press releases with an acute eye. This is copied from the November press release:
...Joe Albert stated, "I cannot begin to tell you how excited we are to finally have a permit on this site after pursuing it for over 15 years. I had found some interesting artifacts when I originally worked the site with a discovery permit...
Now remember I am talking about a company that wants to make money. Do investors really believe that Kyle and Joe have not had some very important and confidential conversations about Lantana? Lets not forget Joe has dug on the wreck. Do you think he is going to bring up a stash of gold on the Discovery Permit? No way, those artifacts automatically goto the State. I bet Joe's business model15 years ago was to maximize the return on treasure.
Why would a company that wants to make money spend tremendous resources for a project that would yield little to know economic value? Answer, they would not.
Final note, why would Dr. deBry join the team and allow his 30+year reputation to be used for a project and now projects that he believed would not advance the goals of SFRX and strengthen his reputation. Bottom line, he would not.
Successful companies attract the best talent and it appears Dr. deBry is talented.
The CEO of SFRX is thoughtful and careful with the resources of SFRX. Do investors believe Kyle is going to work a wreck site that has documented proof of no economic value? The answer is, No. The smart informed investors understands that Kyle, Joe, and John have used their collective intellectual pool and made a prudent decision to move forward. That is why we are where we are in the permit process. Remember, SRFX wants to make money.
Last point of clarification: There are some that believe that SFRX should issue a press release around the particulars of the US ARMY CORPS permit process. What other companies go to that detail to explain operations? Answer NONE. Companies do not disclose how they get the job done, they report results. SFRX has told the shareholders there are two final hurdles that they believe are final to the process. We know as shareholders what they must do to start digging. No Secret Here. The process is being worked through Government Agencies. There are no black boxes within Government agencies. Their process is public, they have full disclosure to the public. My advice to anyone wanting more information the USAC process, either read the information that has been provided on this and other boards or go get the information yourself.
SFRX will issue a press releases on results just like every other publicly traded company.
GO SFRX
...Joe Albert stated, "I cannot begin to tell you how excited we are to finally have a permit on this site after pursuing it for over 15 years. I had found some interesting artifacts when I originally worked the site with a discovery permit...
Now remember I am talking about a company that wants to make money. Do investors really believe that Kyle and Joe have not had some very important and confidential conversations about Lantana? Lets not forget Joe has dug on the wreck. Do you think he is going to bring up a stash of gold on the Discovery Permit? No way, those artifacts automatically goto the State. I bet Joe's business model15 years ago was to maximize the return on treasure.
Why would a company that wants to make money spend tremendous resources for a project that would yield little to know economic value? Answer, they would not.
Final note, why would Dr. deBry join the team and allow his 30+year reputation to be used for a project and now projects that he believed would not advance the goals of SFRX and strengthen his reputation. Bottom line, he would not.
Successful companies attract the best talent and it appears Dr. deBry is talented.
The CEO of SFRX is thoughtful and careful with the resources of SFRX. Do investors believe Kyle is going to work a wreck site that has documented proof of no economic value? The answer is, No. The smart informed investors understands that Kyle, Joe, and John have used their collective intellectual pool and made a prudent decision to move forward. That is why we are where we are in the permit process. Remember, SRFX wants to make money.
Last point of clarification: There are some that believe that SFRX should issue a press release around the particulars of the US ARMY CORPS permit process. What other companies go to that detail to explain operations? Answer NONE. Companies do not disclose how they get the job done, they report results. SFRX has told the shareholders there are two final hurdles that they believe are final to the process. We know as shareholders what they must do to start digging. No Secret Here. The process is being worked through Government Agencies. There are no black boxes within Government agencies. Their process is public, they have full disclosure to the public. My advice to anyone wanting more information the USAC process, either read the information that has been provided on this and other boards or go get the information yourself.
SFRX will issue a press releases on results just like every other publicly traded company.
GO SFRX
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