A refresh for some, new to others: There are s
Post# of 7795
There are strict rules for company releasing news that is not material to the company in efforts to boost the stock price . Kyle is aware of this and will not release news unless it is material. Investors looking for this don't understand the scrutiny of the SEC on this subject.
And this is a very good posts that still applies:
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.
And another one:
I am posting this information because someone pointed out to me that there are a lot of people out there that do not understand some basic information about this company. It has a very compelling story behind it. This is not secret or "insider" info, it's just some of the history that has happened. If I came out and said "Kyle told me they found X today and they are announcing it in two days so go buy some stock real quick before it is announced" THAT would be inside info and you will not find me doing that here or anywhere nor to anyone. Just like all of his past PRs, they just pop up one day unannounced, as they should.
And another point when there is discouraging news like the fact that we haven't already found treasure on Lantana:
No NDA, just common sense. Yes, the anticipation is driving everyone crazy! The crew, Kyle, De Bry, Joe Albert, family, friends - everyone has been hanging on for so long and we are so close to the big break out. But as someone else pointed out, this is all being done pretty much for the first time so there is a bit of a learning curve for everyone involved. Kyle adapts to situations well and is constantly improving how the company operates in order to be as successful as possible. But he will not give up quality, bend the rules or violate the SEC regulations to get there. He feels responsible for everything and every step the company makes. I'm glad he's at the helm because I know I would have given up a long time ago.
Very glad to be moving on to a known treasure wreck instead of where one might or should be. I still think we will find a large wreck at both Juno and Lantana but I am happy to move on to another site where the treasure is more definite. Once we have success at site 3 we can return to the other two as well as move on to even more sites.
GO SFRX!