But here is what you really need to understand about this company and Kyle:
The industry of treasure salvaging in Florida (THE state for wreck salvaging in the U.S.) has been suppressed for decades. Who's even heard of it among the general public? Sounds silly even.
This is because the state of Florida has purposely prevented salvage companies from getting permits to dig. Enter Kyle Kennedy who just does not know how to give up. He had to sue the state to get the permit he wanted. He won the case, got the permit and the staff of that department was fired. It is still very difficult to get a permit as we have all been experiencing with Lantana but before Kyle, it was not possible at all.
Add to this the fact that, historically, the state and the salvaging industry has hated each other because one only wanted to preserve everything and the other just wants to break it open to see if it has gold in it. Kyle is now bridging that gap. Get the treasure but do it right with De Bry looking over his shoulder to keep the company on the right path that respects the historical significance of what they are discovering.
Here's the big picture to take away from this: A whole new multi-billion dollar industry is about to break wide open and Kyle and his company SFRX will be the Microsoft/Apple of the industry. Others will benefit but only one will lead.
And it currently sells for less than 3 cents a share.
