Seafarer Exploration Corp (PK) (SFRX) News

Quote: Now is a time of blah , but I am sure the excitement is going to be picking up soon and yes I think Kyle should have a party for us all on a yacht as we are watching 500 year old treasure come to the surface. Lol
______________________________________________

As a faithful stockholder you certainly have every reason to be optimistic and dream. That's just what it is (in my opinion) just a dream. My prediction is that Kennedy and Reynolds the toy maker are probably scrambling behind close doors wondering how to stretch the timing out indefinitely while figuring out what the 'next act' should be to cover their ass. Common sense says that at this point a precise proofing dig (excavation) would be performed on one of these 'no doubt about it' gold targets, thus proving to the shareholders that the SeaSearcher does indeed work but that's just likely not going to happen. I wonder why? For the sake of good people who have invested in this I hope I am proven wrong.

Here’s a thought, dilute the project(s)…..

not the company.

I guess you have no choice with projects like Juno, Melbourne, and Latana, which were all proven to be duds, even before SFRX arrived on the scene.

161 days……tick, tock.

GL

For the past 5 years they have issued……..

on average over 2MM daily.

Nearly $30MM, 8B shares over 16 years with one silver coin to show for it.

At least now we know why some were hyping .02 by the end of the month.

Hoping for same pump so they can dump like we saw last April after the run up.

Like Kyle said, it’s all about supply and demand. The ever growing supply is large so they need ever growing demand. Especially with such dismal results.

I am not sure I had the same question.....

I would imagine he is trying to sell restricted shares just because SFRX has been spending so much money lately on the sea searcher modifications and normal staff operations.

The way I look at it is the company has to stay funded and as bad as dilution is it's better than not having any money to do anything.

Now is a time of blah , but I am sure the excitement is going to be picking up soon and yes I think Kyle should have a party for us all on a yacht as we are watching 500 year old treasure come to the surface. Lol

$$$ Today is the Day $$$$

$$$$ $frx $$$$

is Kyle trying to selling restricted shares? How do you know he is presenting? If he is just pumping up the stock It would be more advantages to take us all on a boat ride and show all potential shareholders the day to day at Juno.

While the SeaSearcher did not see any gold or silver on its initial scan of the Ring Site, it did identify numerous materials including brass, iron, copper, aluminum, lead, and stainless steel.”

https://seafarerexplorationcorp.com/seafarer-announces-second-generation-seasearcher-2/

So, it identified all those other metals at Melbourne, but they can't tell us what it saw at Juno?

Wonder why we haven't seen the new design.

It's amusing you're responding to someone wanting........

to pay a critic to post positively.

They actually discourage discourse in general as well as positivity.....

It makes people not want to say anything at all, so just general discussion of the company is stifled which limits information any potential shareholders may learn or share.

Further, you're touting a company that sued an Ihub member for telling folks that the company had no Recovery Permit at permit at Melbourne, even though that's what the company falsely claimed for about a year.

NOTE 13 – SUBSEQUENT EVENTS

On July 28, 2014 the Company’s partnership with Marine Archeology Partners, LLC, Seafarer’s Quest, LLC, received a 1A-31 Recovery Permit (the “Permit”) from the Florida Division of Historical Resources for an area identified off of Cape Canaveral, Florida. The Permit is active for three years from the date of issuance.

https://www.sec.gov/Archives/edgar/data/1106213/000119983514000418/seafarer_10q-16107.htm

Even if Kyle was mistaken, someone within this self-professed professional organization should have alerted him of this error.

Spare us the feigned outrage. This is a public forum, and it doesn't belong to shareholders or the company.

You want 100% positive comments?

Earn it!!!

Quote: As far as I understand it the sea searcher will only alert on Gold, silver or copper. However they are able to tell exactly what metal it is when they analyze data.
_____________________________

Don't forget the lead sheathing.

Kyle is speaking to a private equity group in South Carolina tonight. Hopefully additional investments come in over the next few days.

Who knows what kind of affect it has had on the stock price over the years

I would think the relentless dilution and complete lack of success has more to do with the stock price than anything on this board

The device is a college class project...at best. I think you are being generous with this description; maybe instead of the blue sheep and crashed balloon you can do an AI image of a giant bull spewing shit across the landscape

$$$ Today is the Day $$$$

$$$$ $frx $$$$

They do more than complain. They do everything in their power to discourage any positivity on this board.


I'll go one further. They actually discourage discourse in general as well as positivity. As anyone who says anything slightly resembling something positive about the company is attacked multiple times from any direction down to ad hominem attacks, spelling errors, distortion of the message, reinterpretation, misdirection, you name it.

It makes people not want to say anything at all, so just general discussion of the company is stifled which limits information any potential shareholders may learn or share.

I push back but I don't even bother with half of his gish gallop BS which is the whole purpose of doing it. To overwhelm with bad info so even when some is countered, other lies slips through.

Who knows what kind of affect it has had on the stock price over the years.

Today was fun. I hadn’t really looked…….

at the new website, but your “environmentally friendly” responses got my attention.

I remembered that Juno is in a Research Reserve area. (Psst, Goldie said it wasn’t).

I had one of those “Aha” moments when I saw the SeaVac was needed to abide by the DEP permit.

And critics said they had no more excuses when they got the Corp permit. This critic was certainly wrong.

The DEP could make the FBAR look like a Girl Scout.

Only 162 days left in 2024, but who’s counting?

It’s rhetorical.

I just may have to add more shares!!! If we like the pps when it was at .03 then buying @ .008 or lower should be a great idea!! Thanks!!! Jmo

They do more than complain. They do everything in their power to discourage any positivity on this board.

Like you said perhaps I should just join and hit the ignore button as well.

I think that might be the best option until I win my bet. Then the ignore button will not be needed.

Go SFRX

The non-shareholders complaining for 8 years become more and more desperate yet go to the same tactics.

This one falls into the "already invented it" category.

See also the "it doesn't exist" category.

I'm reading between the lines as they are still on ignore but I've seen it all before.

Wouldn’t hand-fanning be more…….

environmentally friendly than the SeaVac?

Or is hand-fanning more disturbing?

It’s a bit hard to tell.

And speaking of that, do you see a tension between SFRX’s statement on the new website…. BEFORE IT’S TOO LATE and using a dust buster to assist in the effort to remove $15B in treasure buried under worm poop because it’s more environmentally friendly?

Regardless, I see the SeaVac’s is in part a requirement of the permit. Do you need to extend our bet into next year? The SeaVac is still being tested.

Seafarer developed the first-ever autonomous dredge to meet both DEP requirements and archaeological standards for sediment displacement during underwater digs.
The self-contained SeaVac3000 can dredge and screen sediment without a surface tether, allowing it to operate in challenging underwater conditions or at depths where standard surface dredging equipment cannot go.

Divers deploy this precision excavation dredge to vacuum up sediment and capture small artifacts. It features a double-screening mechanism that surpasses the archaeology industry-standard quarter-inch mesh size, utilizing finer screens to capture even the smallest artifacts.

The SeaVac3000 was presented in 2024 at the 58th Annual Meeting of the Society of California Archaeology and is currently in trial deployment under a United States Army Corps of Engineers permit.

https://seafarerexplorationcorp.com/technology/

If SFRX has to go through those bureaucrats, it will be too late. I can assure.

GL. Maybe they’ll prove me wrong for once.

Your post is in desperation.

Download the manual.

It can not go under the water. You would have to haul around 80-100 feet of 4 inch hose. It does not filter out the sand from the artifacts.
It's not environmentally friendly and definitely not designed to be used in a archaeologically sensitive area.

Seriously the list goes on and on....

I am down with you tonight. Later

As far as I understand it the sea searcher will only alert on Gold, silver or copper. However they are able to tell exactly what metal it is when they analyze data.

There is no question the non ferrous metal they find is of "interest" as they would word it.

How does the SeaVac compare to this?……



Of course the SeaVac is still under development, but why was there a need to develop it?

To impress novices and/or the academics?

Maybe those that signed the 2001 UNESCO Convention?

While the US supports the Preamble, Annex Rules and most of the general principles, it has not signed the 2001 UNESCO Convention because of concerns about the regime on the continental shelf and EEZ applying to activities that are not directed at UCH in a manner that would upset the balance of interests of flag States ...

https://www.gc.noaa.gov/documents/2012/varmer-2010-mari_arch.pdf

You’re misunderstood about the difference between being a member state and signing onto the 2001 Convention.

The 2004 SMCA is the response to not signing the 2001 UNESCO Convention.

Being a member state or not won’t change US policy or change US law.

Another flawed conclusion regarding salvage law.

It’s simple if you aren’t aware that of…….

the 950 artifacts previously found, about 20% were nonferrous, with over 100 lead sheathing fragments.

It’s simple if you don’t know what to expect to find.

There should be brass, copper, and bronze regardless of whether there is treasure. Here’s a partial list of the artifacts from the JBAS.

They also found nonferrous at the MBAS.

Google it.

Biden not only joined back. But gave them billions of back pay from when the trump administration backed out.

A 6 pack of Mountain Dew perhaps? Copper pipes that fell off a garbage barge? An aluminum lacrosse stick? A set of crutches? Badminton net poles? Ski poles? Tent poles? A coil of wire?

SFRX publicly announced that the sea searcher found non ferrous metals in Juno beach in an announcement.

The USA isn’t part of UNESCO, bro…….I

will address the multiple other “conclusions” you shared earlier…..later.

Quote: So if there is any future in "treasure hunting" because so many things are against it. They are against it because it's "bad" for the environment. Which that is what I think is a bunch of chit.
____________________________

Has nothing to do with environmental issues. Apparently you have never read the UNESCO Underwater Cultural Heritage Treaty. You should. You would also thus be informed that there is no future in underwater treasure hunting.

I hear you, can't happen soon enough lol.

I respectfully disagree with you entirely.

I don't know your age but technology is in to stay. So if your company doesn't create it, buy it or invent it you are out.

So if there is any future in "treasure hunting" because so many things are against it. They are against it because it's "bad" for the environment. Which that is what I think is a bunch of chit.

So unless you can market your company as sensitive to the environment your chances of staying in business are none.

Seafarer must know that and they are putting extra effort to let the world know that through reinvented technology as you put it and marketing. Nonetheless that is the in thing and it's going to make or break companies like Seafarer.

Quote: The sea vac is quite an impressive way to excavate deep sea applications with tremendous archaeological sensitivity.
___________________________________________

For anyone with real commercial shipwreck excavation experience this is another of Reynolds toys.' excavate deep sea applications with tremendous archaeological sensitivity'. Really? This company has no such experience. They have never found or excavated a archaeological site. Excuse me for saying it this way but 'what bullshit'.

If there are no results pre-Christmas time which I predict to be the case, Reynolds might consider entering into contract with Santa Claus in the design and manufacture of new innovative toys. Its actually past the point of being absolutely ridiculous.

We are both shareholders and I can't argue with your logic.

With that said let's assume there is little treasure at Juno. I think a lot of investors are more interested in the technology that SFRX holds. Which is actually pretty extensive since Melbourne.

The sea searcher has tremendous value in so many applications when it is proven technology. I know that has not happened yet but it will.

They have modified hand held devices to be similar to the sea searcher as to be more accurate at finding non ferrous metals.

The sea vac is quite an impressive way to excavate deep sea applications with tremendous archaeological sensitivity.

Tim has been extremely busy the past several years partnering up with Seafarer.

Now with that said SFRX is known as a treasure finding company and all of this is for nothing if we can't prove it to work.

That is why the stock is less than a penny right now. Once we find treasure and all of this is proven to work I think that is why so many investors has jumped in.

Right now is a just hold and see time. Hopefully it's not long.

Quote: The treasure is not hype it exists and there is alot of it.
_____________________________________

There is no name of the ship. There is no manifest but you dare to say 'The treasure is not hype it exists and there is alot of it'. Absurd. All based upon 'the Timmy toy says' with NO EVIDENCE. Very ridiculous .

Id like to believe treasure is at Juno, however from my experience with sfrx , they swore up and down treasure was at Melbourne as well.
We all know how that turned out. No treasure there, it's out at sea. No shit, where else would it be ? Lol

So now there is treasure at Juno, yet that can't be excavated yet. Why, ? The answer is no treasure or not enough treasure is just my guess.

Now that sfrx is seeing pressure from shareholders, they need to do some kind of update , on why they aren't diving yet.
Been long enough either way.

Like I said, Kyle wears more treasure on his body than he has found since being in business lol. Hope that changes soon.
Good luck to all, looks like we might need it.

"The treasure is not hype it exists and there is alot of it."

I'm with you on this seriously123 and I think if this goes another month they will start digging targets one way or the other. Knowing Reynolds and his scientist way of thought I know he wants to pinpoint gold within an inch or two but when push comes to shove as the end of diving season comes into view they will go after what the tech says is there even if they are not within the inch or two that he would like. Showing the world a new technology that is incredibly that precise is what they are after but finding gold with it a foot or two off the mark will easily serve the purpose of putting SFRX on the map in a big way. Just my opinion.

It's simple....

1. The sea searcher works. I believe that 100 percent with my own due diligence and research.

2. The sea searcher can detect non ferrous metals. I am sure it's been narrowed down to two or three different metals definitely being Gold and silver.

3. SFRX publicly announced that the sea searcher found non ferrous metals in Juno beach in an announcement. Albeit the gps coordinates were wrong at the time. Even with that said they were only wrong by a few hundred feet from the marked location. Hence the complete overhaul of its body to be grounded vs being propelled. To improve the accuracy.

4. Tim and the engineers of the Sea searcher are very qualified people that are very scientific minded. There is no reason they would falsely claim tech to work when it didn't. They have nothing to gain and everything to lose. Even if you disagree with Kyle, Tim is solid on his tech and honest of its capabilities. SFRX is the farthest from a pump and dump stock. In fact the complete opposite we have to beg for information. Plus SFRX is regulated by the SEC . Which also means they are not hiding anything financially. Which for you gives you the freedom to criticize.

In fact the more I write the less frustrated I am becoming and maybe I will just buy more stock now. Thanks

What data have you seen or who……

told you there was treasure?

And not to put words in your mouth, you are referring to Juno, correct?

Just to be clear, I could say it’s a known fact there was a bank shipment was on the Connaught when she sank because documents support that claim.

I can’t say I have seen data showing where the bank shipment lies at the wreck site, so I can’t say as you appear to be saying, the treasure is there and there is a lot of it.

Tell us what you know and be specific.

TIA

The treasure is not hype it exists and there is alot of it.

I don't know how you twisted my words. I am not impatient because there is no treasure. I am impatient because there IS treasure and I can't wait to pull it up.

I would have thought the process would be much faster than anticipated, but like I said I been in this for over 10 years. A little more time is not going to change my opinion of SFRX and it's potential.

Solomon said it best, don't toot your......

own horn, leave it to others.

That's the reason you're getting impatient. You've heard this hype for years.

While you suggest seeing testing being done with the device that proves it works, what data have you seen from Juno that shows treasure?

As I have said, the device may work but it can't find what isn't there.

Yet the CONclusion has been PRIOR to scanning was the site has treasure.

Let's see the data. That's how most companies attract investors. Other use hype.

Yeah, why ask for proof of a......

5-year-old claim?

Just believe it, right?

They claimed and reclaimed they we're on the wreck at Melbourne, and how'd that turn out?

What was it you said back in 2011 about Juno?

It won't take years like it does other salvage companies.

Isn't that what you said?

#expert

Actually most of what you said it true. I have to agree with dig up what we got for now and keep the positive news going.

However I am not the CEO , but yes I think It may come down to that. I can imagine most shareholders like myself are getting impatient.

I am sure you can't wait to have all this extra time once you stop putting in countless hours on this board.
Just sayin

I don't understand why non-shareholders keep asking for proof before proof is shown to the public.

Oh, wait, yes I do.

Everyone will get the public proof at the same time.

Thank you for your comments.

Ware said the same thing 5 years ago today,........

or something very similar. Listen to the paid promo.

Following that comment less than a month later, they reported the following.

As of August 12, 2019, there were 4,232,149,156 shares

On Friday the TA reported this.

Outstanding Shares 8,631,691,403 as of 07/19/2024

Since first being told the device works, they have issued an average of over 2,029,309 daily beginning 8/12/19 until last Friday. Most were sold at discounts to the market.

#onesilvercoin

I understand your criticism.

You have not spoke to Tim or the other engineers. You have not seen the sea searcher identify Gold and silver in test sites in salt water.

I guess if you have not done those things I would have a critical opinion as well.

With that said I can assure you it works.

But yes proof is in the pudding and I am ready for dessert.

Maybe the solution is to remind Timmy that.......

SFRX owns Juno forever. Spain can't do chit!

Dig what you got now and get the rest of the $15B later.

It's a no brainer.

That should lead to a YUGE media deal and SFRX could use the proceeds to build a state-of-the-art research center for the further development of his college class project......aka the SeaSearcher.

GL

Quote: The meeting conclusion is that there is treasure and the sea searcher works
______________________________

Quite a statement. No evidence. The usual.

I was addressing your question about why two.......

crews weren't operating, ie one scanning and one salvaging.

It's a moot point since it's a known fact that the previous salvors with far more experience than SFRX concluded the site was a dud.

By contrast, prior to scanning with what is supposed to be the latest as well as greatest invention EVER for the industry, as well as the most efficient, SFRX has led investors to conclude treasure is there.

They have never said we will scan and see. To the contrary, they said things like Judd hid it from them. Later they realized there was teredo crust and data had them believing there were cultural deposits below it.......or some horse crap like that. Regardless, the can continues to be kicked down the road.

As far as the currents and depths, we read a couple of years ago some (ahem) independent party claim it works at 100 meters, yet they're in 30 meters tops.

The device is a college class project...at best. There is nothing industry changing about it, but I'll be happy if they prove me wrong.

I agree, been so frustrating none the less. Keep hearing about treasure being there, but haven't showed us a damn thing yet.
Fingers crossed.

I agree with you. All I can say is Tim goal and Kyle goal will have to meet in the middle somewhere.

Kyle goal is to scan the area asap.

Tim goal is to make the sea searcher absolutely flawless.

Both goals are good but us shareholders want results. Get us the results. We want treasure...lol

Now that makes sense, but the scanning is just taking so damn long when it was suppose to be 12 days.
They need to scan and get this moving before we see trips again.

Always delays

To my understanding the depth and current has caused them to scan by hand with a diver. However even so it was suppose to only be 12 days of scanning in the very beginning of June.
So looks dnd sounds to me no treasure found yet, so why not just keep scanning until winter. Then delay because of weather.
There's no buying, that tells me their not finding much, just a guess on my behalfhoping I'm wrong, .

Only problem is, Kyle wears more gold than he has ever found since being a treasure hunter.
Fingers crossed anyways.