Seafarer Exploration Corp (PK) (SFRX) News

Copy and google the one I sent you ….. the link will pop up if you rub your belly button
;@)

Here’s one of them:

“Their discovery, along with an anchor believed to be from the 15th century that was found last year, has reassured archaeologists that they are on track to find more artifacts documenting the European invasion of Mexico.”

Here’s the section that references galleons ….

“They have identified 15 other sites that may also turn up anchors, which could help pinpoint the spot where other Spanish galleons under Cortes’ command might have sunk and increase the odds of finding wooden hulls and other remnants.”

It’s the same article….. I thought that you could use deductive reasoning and…. Well figure it out yourself

Could you link the "several" references, and specifically.....

the one that led you to believe the anchor was from a galleon?

TIA

Interesting, Most references to Cortez’s ships are just that “ships”, several say galleons,

Here’s one of them:

“Their discovery, along with an anchor believed to be from the 15th century that was found last year, has reassured archaeologists that they are on track to find more artifacts documenting the European invasion of Mexico.”

Here’s the section that references galleons ….

“They have identified 15 other sites that may also turn up anchors, which could help pinpoint the spot where other Spanish galleons under Cortes’ command might have sunk and increase the odds of finding wooden hulls and other remnants.”

Nothing useful detected so far Trippy. But I know you'll keep at it whether anyone wants it or not.

By useful you mean hype, right? It's not.....

like anyone could post pictures of treasure found, could they?

So, if I post and pretend Cortez ships were galleons, and the itty-bitty (actually just small) anchor is proof it came from a galleon with a $15B cargo, which was (ahem) determined by the size of a nail.

Maybe I should post that it only takes a weekend.

Or that there is NO ONE like SFRX in the industry, we I actually agree with.

When Kyle says something like that, he actually shows quite the disrespect for the industry SFRX "alleges" to be in.

But thanks for the play by play on my posts.

I've been told I have quite the following among shareholders.

Happy Wednesday!

I'm looking at some of the gridding at Juno. It's rather (ahem) impressive.

Trippy, I'll let you know if you post anything useful.

$$$ Today is the Day $$$$

$$$$ $FRX $$$

Shipwrecks & Archaeology with Dr. Sean Kingsley…….

It’s more of what NOT to focus on, in your opinion of course.

Yeah, who would focus on the plan…..

of operation?

Or focus on what the anchor size might tell you?

Or no cannons or armament?

Or an empty ballast pile?

Or no historical record of a galleon sinking in that area in that time period?

But to your point about gold, how much does NO GOLD weigh? SFRX should know that.

Congrats on never focusing on what matters Trippy!

Sorry .0001 EXPL didn't work out for you.

At least you still have the hub to spend your days.

Tonnage, not trinkets!

BTW, how much volume is a ton of gold? Not much actually. About a 16 inch cube. Much less than I thought.

💛

Pace yourself Goldie, the JBAS will be…….

a multi-year project as they look for what isn’t there.

Congrats on the MBAS. HTQ was there 13 years, and SFRX is beginning its 12th year.

A quarter century project and not even a trinket. And you said they moved on from Melbourne.

Oooops

Industry Leading!

😂

"But I put it in the form of a question!!! That makes it okay!"

🤣

Oh Trippy.

Tonnage, not Trinkets!

Watch and learn.

I believe you’re 1000 percent correct!! Jmo

The JBAS project schedule is interesting.......

6.4
Project Schedule
The Juno Beach Archaeological Site will be an ongoing activity that will span multiple years.
Seafarer conducts archaeological activities on a continual basis year-round. Site schedule is
mainly driven by site conditions including swell, at site visibility, and bottom currents.
Excessive swell can prevent stable site operations. High turbidity may prevent archaeological
activity due to decreased visibility and diver safety. Bottom currents can prevent site work
due to diver safety concerns. Barring any of the above conditions, Seafarer plans to perform
work on the site in a methodical and expeditious fashion.

Then there's this. State-of-the-art equipment? I thought the mag and side scan sonar was obsolete.

9.1
Additional Remote Sensing Survey (as needed)
The remote sensing survey utilizes state-of-the-art equipment to gather data prior to dive
operations. This survey utilizes a Geometrics G-882 Cesium Magnetometer with a Global
Positioning System (GPS) ensuring sub-meter accuracy along with JW Fisher Side Scan sonar.
Seafarer Exploration will incorporate software to ensure the accurate collection of all data.
A series of track lines will be plotted over the position of the appropriate area prior to the
remote sensing survey. Spaced at nominal 30-foot intervals, each of the track lines’ length will
be based to ensure complete coverage of the permitted area.
Results of the additional remote sensing surveys will provide data critical to understanding the
condition and extent of the wreck site as well as bottom conditions and sediments. The
magnetometer will provide a comparative example to the data recorded by Tulco, Inc. in
previous years. This will assist in identifying any site formation changes that may have occurred
since the initial site investigation.
This magnetometer data will be interleaved with side-scan sonar data on a GIS projection
which will inform ground truthing activities.
Seafarer also intends to use our SeaSearcher remote sensing platform which contains a
combination of sub-bottom imaging and metal discrimination technologies to further inform
site activities.

Trippy's irrelevance angers him.

Goldie it is a cute little anchor. RC was……

just pushing a narrative that the data doesn’t support.

It happens.

Does it still only take a weekend?

It’s rhetorical!

Happy Tuesday!

Trinket Troll "just asking questions" again I see. Useless, as always.

Many previous attempts to explain rational actions or prove the uselessness of his points are a waste of time.

But rebuttals from the troll will continue with increased insanity. Anything to invoke a response.

Thus the new and pointless anchor argument you are trying to make sense of. I do wish you luck.

I'll be rooting for you RC!

quote: I am sorry that I inconveniently found a small anchor that is linked to Cortez’s GALLEONS. Sorry for blowing up your conclusion.
______________________________________

You obviously know little to nothing about Spanish colonial vessels or anchors. Cortez's vessels were not GALLEONS.

A suggestion. Why don't you just leave it alone.

QUOTE: Furthermore, the same size anchor was found and attributed to Cortez’s galleons that he scuttled! So what does that mean for your statement that “it’s not large enough to suggest a galleon.”
👍️ 1
________________________

For starters, Cortez's ships weren't galleons, they were caravels.

It seems none of you know anything about anchors.

On a galleon of the late 16th century and on. There were;

Sheet anchor

Bower anchor

Stream anchor

Kedge anchor

The number carried would vary. Definitely with the sheet anchor (forward port and starboard bow station were two sheet anchors. For example, with the 1622 N.S. Atocha (550 tons), one of the sheet anchors they found was 14 feet in length. Glad I could help a little.

Army Corp Permit with Stipulations......Not

that there's treasure at Juno but dealing with the FBAR might be easier.

Now they need a DA permit?











And they can only dig about a foot deep?

Thanks for encouraging me to do some......

research on Cortez.

His ships were not galleons, they were caravels, which are smaller than galleons.

You're comparing apples to oranges. It happens.

In 1519, Hernán Cortés famously sailed from Cuba to Mexico with 11 ships, later famously burning all but one to ensure his men wouldn't retreat, a move that became a symbol of his determination.
Caravels:
The ships Cortés used were caravels, a type of light, fast, and maneuverable sailing ship popular in the 15th and 16th centuries, particularly for exploration and coastal navigation.

Hence the itty bitty anchors.

Columbus had 2 caravels, which predates the galleons.

Thanks again for encouraging me to look into this.

Happy Tuesday!

$$$ Today is the Day $$$$

$$$$ $FRX $$$

Did Cortez’s galleons have $15B in treasure?……

If not, it might explain the itty bitty anchors you seem to be so impressed by.

But keep shakin’ the pom poms.

Interesting Hedge !

I’m not pushing anything. I’m pointing out that you are wrong about anchor sizes making a case for your position.

I am sorry that I inconveniently found a small anchor that is linked to Cortez’s GALLEONS. Sorry for blowing up your conclusion.

But you’re still trying to push your narrative and it’s not working.

Here is what you said:

“So, they can find the small anchor(s) but……
not the large one(s) which would point to a galleon?”

Um, did you ask your Meta AI about the small anchor attributed to one of Cortez’s galleons? It might be worth asking since you won’t or can’t seem to do it.

Don’t embarrass your Meta AI …. ;@)

SFRX reenacted finding a piece of wood on……

Expedition Unknown a few years ago. The narrative was, it could be the Concepcion which could be a $4B wreck.

Juno is said to possibly be a $15B wreck based on the size of a nail and some fuzzy math “allegedly” according to Mel Fisher’s Treasures VP of Ops, Gary Randolph, who emphatically denies it.

That’s how things are portrayed even though they have no proof of the country of origin on either site, but to the sheep it sounds good.

This is what you uttered yesterday.

One larger anchor and one smaller anchor! Ships carry multiple anchors and differing sizes. Hmmmm

The smaller one is remarkably similar in size to the one found at Juno beach.

If you wanna push the narrative that it’s the smaller anchor, that’s fine. Knock yourself out.

But you don’t know. They don’t even know the origins of the wreck.

I would expect what could be the largest find EVER from a shipwreck, for there to be a much larger anchor.

When Kyle was on with Jolly Ole Everett years ago, I recall he talked about the size of the anchor, but Stock Day Media says that paid promo is no longer available.

It’s a same we can’t listen to it anymore and see if the curtains match the drapes.

When someone says we’re on “the wreck” and they aren’t, credibility becomes an issue. Surely you
understand that.

The reports have never matched the hype.

Happy Monday!

Did you really say that Sir Hedge?

“BTW, I didn't say it was too small. It's not large enough to suggest a galleon.”

Can you explain what the difference is between too small and not large enough? Isn’t that the same thing?

Furthermore, the same size anchor was found and attributed to Cortez’s galleons that he scuttled! So what does that mean for your statement that “it’s not large enough to suggest a galleon.”

So, they can only dig about a foot.......

deep using the SeaVac 3000 at Juno?

If so, that explains a lot. You can't make this stuff up. The Corp is as big a pain in the ass as the FBAR.



BTW, I didn't say it was too small. It's not large enough to suggest a galleon.

Could it be a smaller anchor from a galleon?

Sure, so where's the other one(s)?

Where's the $15B? Is it down more than a foot?

Muddy the waters dear Hedge.

You are the one who said that the anchor was too small to be a Spanish galleon …. Yet, you have been proven wrong again ….
Upgrade your Meta AI

Not even very small anchors?

$$$ Today is the Day $$$$

$$$$ $FRX $$$

So, they can find the small anchor(s) but……

not the large one(s) which would point to a galleon?

Didn’t Kyle say this ship was MASSIVE?

They can find spikes, but not $15B in treasure?

Not even a few trinkets?

No cannons?

Don’t they have GAME CHANGING TECH?

And what about their claims of excellent research?

No target vessels named, not even one.

This was supposed to take only a few days, but we’re approaching 15 months since the permit was issued, and folks were claiming the reason they waited on the permit FOR TWO YEARS was because they already found treasure.

That was a load of manure.

Now they say they need updated permitting and can only do limited exploration.

This sounds sooooo promising and tempting.

Let me think about it before I take a starter position.

Thanks

According to Hedge,

“That said, the anchor size doesn’t point to a Spanish galleon. It’s about half of the size it should be according to Meta AI.”

Now, I suppose, if Meta AI says something, it must be true!

Yet, it took me two minutes to find out that:

“16th-century anchors found off Mexican coast offer clues into Spanish conquest”

One larger anchor and one smaller anchor! Ships carry multiple anchors and differing sizes. Hmmmm

The smaller one is remarkably similar in size to the one found at Juno beach.

In fact, if you look at the picture it also looks similar as well.

Try googling: 16th-century anchors found off Mexican coast offer clues into Spanish conquest …..

The UN estimates 3MM shipwrecks worldwide…….

I’m sure not all are in the records. It’s not a wreck I can find anything on.

That said, the anchor size doesn’t point to a Spanish galleon. It’s about half of the size it should be according to Meta AI.

The name SS Aachenblac does not appear on any worldwide ship records found. Most likely misnomer by reporter?

Wasn’t that the Aachen that you’re referencing?……The

file I received from the Corp contains this.

The SS Aachenblac was torpedoed in the Baltic Sea in 1915 and anchors don't float

Has anyone noticed that if you look at the 3 year stock price chart the chart looks like it is flipping it's middle finger at you 😆

Quote: They were whining about hot air balloon rides years ago!! Sfrx is still working and moving forward no matter their opinions! Glad I own my shares and I put some posters on ignore!! Jmo
Bullish
_______________

Are you kidding? It's still a hot air balloon ride. It always has been and likely will continue to be. Sunken treasure. Is that what this company is trying to find?

I'm interested in the "updated permitting" they need......

for Juno.

Federal Admiralty Judgement

Seafarer was granted, through the United States District Court for the Southern District of Florida, a final judgment for its federal admiralty claim on the Juno Beach shipwreck site. The Company is conducting limited exploration operations at the Juno Beach shipwreck site while it awaits updated permitting from the Army Corp of Engineers.

Also, when I was looking through the permit and other documents I got from the Corp for Juno, they think the anchor is possibly from the SS Aachenblac?

Huh. Does that mean there's no $15B?

Andrew is quite the archaeologist, isn't he? It's an interesting video on bison teeth.

Have a great weekend!

They were whining about hot air balloon rides years ago!! Sfrx is still working and moving forward no matter their opinions! Glad I own my shares and I put some posters on ignore!! Jmo

Thanks for the info Golden

Good to hear from you GB! Go sfrx$$

Still here and more confident than ever.

While some non-shareholders complain about esoteric and immaterial statements from the 10-k that nobody cares about and repeatedly never amount to anything of significance, I prefer to look for the following bits of information:

In December of 2024, the Company entered into a convertible promissory note agreement in the amount of $15,000 with a related party.

And this one:

The Company issued 5,091,402 shares of restricted common stock with a total share value of $44,804 to a related party to settle $12,405 of the accrued interest owed on sixteen convertible notes payable.
During the year ended December 31, 2023 there were no note conversions.

I like to see this for the following reasons.

Family members continue to put money into the company and did so just recently. You'll see several entries in the 10-k regarding a related party that is also a board member who has made several purchases of stock directly from the company. While one of the family members has converted the interest on the notes, they are not converting the actual notes (16!) which is where the bulk of the shares remain. But the family member who is also a board member has not converted any notes nor converted any interest on those notes (there would be legal filings to indicate this and there are not).

This, to me, signals a lot of confidence in the company from these family members. It's hard to tell but there does appear to be multiple family members who continue to put money into the company and are not cashing in those notes. And these notes represent 100s of millions of shares that these family members continue to hold on to.

My research indicates family holding on to about a billion shares of stock (I've been told it's around 1.5 billion).

A billion shares even at current low prices is still $4 million.

The price ran to 3 cents and traded a million dollars in a day of volume yet still they held their shares. (slight addendum here, looks like one related party shareholder did convert interest and principal on a note sometime in 2024 but this does not affect my overall outlook regarding family members and shares held seeing as how there are around 40 or so other notes out there still held by family)

I'll continue to follow their lead and hold my shares but I do appreciate the dips.

Cue the non-shareholder trinket trolls complaining about discounted shares and hot air balloon rides.

$$$ Today is the Day $$$$

$$$$ $FRX $$$

$$$ Today is the Day $$$$

$$$$ $FRX $$$

the CEO needs to be replaced. Kyle Kennedy needs to go.

Interesting information about Juno in the 10K……

The company has taken the following steps to implement its business plan:

Griding a 300 by 300 foot area at the Juno Beach shipwreck location in the ballast pile and scanning with the SeaSearcher.

Then there is this.

Seafarer was granted, through the United States District Court for the Southern District of Florida, a final judgment for its federal admiralty claim on the Juno Beach shipwreck site. The Company is conducting limited exploration operations at the Juno Beach shipwreck site while it awaits updated permitting from the Army Corp of Engineers.

So are we to conclude they can only explore and not recovery anything from Juno?

It was my understanding that the FBAR would not accept data from the SeaSearcher, but would from a proven device like a mag or side scan sonar.

Are they running into a similar situation with the Corp?

$$$ Today is the Day $$$$

$$$$ $FRX $$$

Somebody just bought $4.20 in shares to raise the price 10%. Seems a lot of that goes on with this stock. 

What happened with the Army Corp permit?.........

From the Q3 report.

Federal Admiralty Judgment

Seafarer was granted, through the United States District Court for the Southern District of Florida, a final judgment for its federal admiralty claim on the Juno Beach shipwreck site. The Company received an updated permit from the United State Army Corp of Engineers (“USACE”).

From yesterday's report.

Federal Admiralty Judgement

Seafarer was granted, through the United States District Court for the Southern District of Florida, a final judgment for its federal admiralty claim on the Juno Beach shipwreck site. The Company is conducting limited exploration operations at the Juno Beach shipwreck site while it awaits updated permitting from the Army Corp of Engineers.