Seafarer Exploration Corp (PK) (SFRX) Share Price

Does anyone know if they dove Saturday or Sunday or if they are out today.

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Still looking solid here.

Are they replacing the grid so they can......

rescan?

But since they have scanned and dove on targets, doesn't that mean the device doesn't work?

Quote: Nice amount of volume today!! Jmo
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Great hot air balloon ride but no treasure. That just doesn't seem to matter.

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Nice amount of volume today!! Jmo

Great action today...

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Here's some Friday Follies. Enjoy the weekend......

everyone!

Not sure if any of this is true.

6 nautical miles east northeast of Jupiter……

Inlet.

BTW, since they don't blow holes like real salvors do, are they scanning after they grid and measuring targets off the grid lines?

Is that the "real time data" being feed to their super computers?

If so, that sure explains a lot.

Happy Friday!!!

Who's feeding who what?

May I suggest that you go to NOAA National Weather Service Marine Forecast where you can see just how far out (off shore) the western wall of the Gulf Stream is. Back track the reports for the past three weeks and actually see where the west wall of the Gulf Stream was.
______{_______

GULF STREAM HAZARDS
North to northeast winds around 20 knots, gusting around 25 knots, with seas 6 to 8 feet.

The approximate location of the west wall of the Gulf Stream based on the Real Time Ocean Forecast System as of Thursday, February 20th.

40 nautical miles east of Ponce Inlet. 29 nautical miles east of Port Canaveral. 23 nautical miles east of Sebastian Inlet. 16 nautical miles east of Fort Pierce Inlet. 11 nautical miles east of Saint Lucie Inlet.

Yes, I certainly do agree that the sea conditions are bad but that's understandable for this time of the year. As I had stated before, I would assume they have enough experience by this time to know what the seasonal sea conditions are. I find it most questionable as to why they would not have done one proofing excavation on one of the SeasSearcher GOLD or SILVER targets while the weather was still good, whereas to prove to stockholders that the technology does in fact work.

Quote: I was told the two hurricanes that went thru the area shifted their 50 lb grid markers. They need to rescan so they can reestablish the datum points so they know where to dig.
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Nonsense. Be specific. What two hurricanes went through the area of the wreck site?

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From the previous link you shared…….Emphasis

mine.

While this process took several months, we now have the most advanced, sensitive SeaSearcher capable of working in all conditions at Juno Beach.

Doesn’t all conditions mean all conditions?

Not everyone is cut out for this industry.

https://www.oceansciencetechnology.com/feature/understanding-usbl-systems-their-role-in-underwater-tracking/

https://www.linkedin.com/posts/seafarercorp_seastate-gulfstream-maritimeops-activity-7298456595544358912-SGtw?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAJFIj4BDGqy5yyFDurHcBdc0EV1Y6Dk3Jc

I remember the new scans comment, but I......

didn't think it had anything to do with markers being moved, nor would I.

What told them to put the markers where they were?

The Gulf Stream came in and settled over our site for over three weeks, keeping us from diving, but more importantly, it caused our grid markers to move slightly. We are reinforcing these markers to ensure they remain secure for continued analysis.
https://seafarerexplorationcorp.com/seafarer-exploration-2024-review-2025-outlook/?fbclid=IwY2xjawIkdNVleHRuA2FlbQIxMAABHWcBJLkl-DxVoUURVW9WoRUqppqfcB3EPOdPPlz2tlyPrTN5Qj-AuoRIyg_aem_7U-4ayDzXp9-TXVu9WF4MQ

They didn't save the data?......What?

I was told the two hurricanes that went thru the area shifted their 50 lb grid markers. They need to rescan so they can reestablish the datum points so they know where to dig.

Why did it need to be rescanned?........Are

they saying they spent 10's of thousands of dollars on legal fees for title to a wreck they can't ID and still don't know if there's more than a trinket there?

Does anyone know if the divers can get out to rescan the one area at Juno Beach?

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The CONfidence of longs is inspiring. As an……

example, you’ve gone from surety in 2023 that they had already found treasure, which was why they waited on the permit to grading critic’s posts.

BTW, when grading posts do you use the same standard that SFRX does when they proclaim they have the Industry Leading Recovery Process?

It’s rhetorical.

Happy Hump Day!

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The ignore button works great! Way more peaceful every day! Jmo

I never get distracted by the haters. SFRX will deliver. Hedge gets really inspired by quotes like “What can be unburdened by what has been". If they were given grades for posts they’d get D’s…..….D’s Nutz. Hedge is like Cartman on that Southpark episode where they got hooked on playing Warcraft. Just let him stay in his world, hit the mute button, and all is well. Go SFRX!

IDC what you do. Yet:Perhaps in the future if you are so dissatisfied with SFRX updates maybe you can reach out to SFRX to help them with their updates.

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I believe they have found treasure & are simply marketing their tech in the meantime. Why would they recover it & lose it? Without all proper permits in place SFRX would suffer the same consequences as OMEX vs.Spain?

Two years ago this month you made that statement. Others made the same claim, which was why would they wait on a permit if they didn’t have treasure located at Juno?

After being told by Dr. Baer in 2023 they had already scanned Juno and were waiting on the data, we’ve learned they scanned Juno again last year.

At some point the lights should come on.

Of course it doesn’t mean they will, it just means they should.

We’ll see.

Happy Sunday!

I don’t carry anyone’s water here. I have…….

disagreed with Raider when it comes to salvage law, and I disagreed with Southern Gal when he laughed at the pps dropping.

Regardless, I was certain you had something positive to share.

As far as me being a Mod, I put that position on the line last year. All SFRX had to do was salvage a few million in treasure at the (ahem) $15B JBAS using game changing technology with the self-proclaimed Industry Leading Recovery Process and I would have congratulated SFRX in one final post and stepped down.

Of course that would have been AFTER I loaded the boat.

I’m not certain why longs want me to move along. Wouldn’t they prefer I become a believer like they are?

The poster I made the bet with (who has yet to pay up) wanted to pay me to pretend I was long SFRX.

I will go long when SFRX finds more than one trinket. You’d think these multi-billion dollar sites they’re working would produce such. Kyle said he believes 2025 will be their year. We’ll see.

I’ve certainly been helpful to SFRX. They still think they can legally salvage wrecks from the 1715 Fleet that haven’t been found. And there are other examples.

Have a great weekend!

Psst, my accounts hit more all time highs today!

Weeeeeeee

Thank you for the welcome.

BTW, you are one of the other 2 I was referencing in my maiden post. Nice to see you 3 carry each other's water.

I wasn't speaking to you when I mentioned people celebrating low prices. So, I'm not sure why you brought that up in your unsolicited response to me.

Perhaps in the future if you are so dissatisfied with SFRX updates maybe you can reach out to SFRX to help them with their updates. Maybe then your concerns could be addressed. There were a lot of things covered in the update that were of interest to me. So, I appreciated the info provided.

I'm just an investor that is interested in the tech being developed here. You'll have to decide for yourself whether or not to load the boat. IDC what you do.

The cool thing is you don't have to invest. But it's odd to me that you would be the moderator of a board for a stock you never have anything positive to say about. It's kinda like you have a personal vendetta.

If SFRX goes down in price, I'll be just fine.

If SFRX goes up in price, I'll be just fine too.

To answer your last question, it'll get back to .004 or higher when someone buys at or above that price. But you knew that already.

Aren’t you a Positive Patsy? BTW, welcome to……

Ihub. It’s an honor to respond to your first post.

SFRX just gave a lengthy update but never once mentioned treasure.

We have been told the device can see glass, tree roots (from the pool testing behind Wild Manta), decipher metals, etc, but what they said was they have “targets of interest” but didn’t say what the targets were.

Also, I don’t celebrate low prices. Nor do I think the pps moving higher indicates success.

That said, why should we be positive?

I wanna make money. Tell me why it’s time to load da boat!

How does she get back into the .004’s or higher?

TIA

Aren't you just a Negative Nellie?

From a distance it seems like you and 2 others regularly have nothing to say unless it's to celebrate a low price or twist someone's comment.

Out of curiosity, just why does this belong sub .004? Do you get butt hurt when it is above .004?

I think I may celebrate any closing above .004 just for you. Pretty sure we can climb that 0.0007 hurdle to get there pretty soon.

Today is the Day for getting back to sub .004, where it belongs

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Quote: Great meeting with Kyle. Huge things coming soon. Cheers everyone.
Bullish
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Considering his track record of all talk and no action, what would you have expected him to say?

They'll be doing core samples bruh! Plus.......

the device can work in ALL conditions at the JBAS as soon as conditions allow them to.

Getting a Lambo bro!

#epic
#justyouwait
#hotairballoon

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Did someone proofread this before posting?…….

While this process took several months, we now have the most advanced, sensitive SeaSearcher capable of working in all conditions at Juno Beach. The new scans we are about to conduct, as soon as the wind, waves, and currents allow us back out, will reflect our previous anomalies in relation to permanent markers and will expand into new areas of interest.

So, the device is capable of working in ALL conditions per the upgrades/modifications, but they’re waiting on the wind, waves, and currents to allow them to get back out?

Good luck with the new scans and core samples.

Sounds promising.

#trinketsnottonnage
#nomentionoftreasure
#itonlytakesaweekend

Sure hope so. That last post had Christian Slater & Sabre written all over it. It’s just giving Finkle/Einhorn & the haters more ammunition.

Thanks for posting this information! From Kyle.

I like your thinking!!

From Seafarer:

Seafarer Exploration’s 2024 journey was defined by resilience, innovation, and groundbreaking progress. Despite weather challenges limiting sea days, we refined our cutting-edge SeaSearcher technology, expanded our lab and conservation efforts, and continued tracking multiple shipwrecks through remote sensing and archival research. As we step into 2025, we’re ready to take our discoveries to the next level.

Read the full CEO update for an in-depth look at what’s ahead!

Dear Shareholders,
As we mark the first anniversary of receiving our permit, I want to reflect on the tremendous progress we’ve made despite an array of challenges and share an exciting outlook for the year ahead. This past year has been transformative, not just for Seafarer Exploration, but for the broader field of underwater rescue archaeology. Thank you for your continued trust and belief in our mission.

2024: Overcoming Challenges, Delivering Results
Weather and Operational Challenges
We normally average about 15 days a month, but over the past several months, workable windows have been far fewer than expected. Despite forecasts initially projecting clear conditions, shifting Gulf Stream currents—at times exceeding five knots—have repeatedly disrupted planned operations, often changing unexpectedly and preventing safe access to the site. Even with these limitations, our team has remained steadfast, making meaningful advancements during non-operational days at Juno Beach, including tracking multiple shipwrecks through remote sensing and archival research. Additionally, we have continued refining our methodologies and technology to adapt to ever-changing conditions, ensuring we are fully prepared to maximize every opportunity when conditions allow us back out.
Groundbreaking Progress at Juno Beach
At the Juno Beach site, we completed a full scan of our primary gridded area, which revealed numerous targets of interest. Leveraging the advanced capabilities of the SeaSearcher, we not only identified significant concentrations of debris but also laid grid markers that allow for ongoing monitoring. The Gulf Stream came in and settled over our site for over three weeks, keeping us from diving, but more importantly, it caused our grid markers to move slightly. We are reinforcing these markers to ensure they remain secure for continued analysis.
Additionally, the SeaSearcher had originally been built to operate in zero visibility and little to no current at Melbourne Beach. When we began to focus on Juno Beach, we had to deal with multiple current speeds, sometimes greater than six knots, greater pressure at three atmospheres, and different sediment structures, as well as other unique characteristics of the area. This required us to make significant changes to the design and operations of the SeaSearcher, including new parts, new hand-written software, new algorithms, and new training, all of which required painstaking testing in the lab and on the site repeatedly.
While this process took several months, we now have the most advanced, sensitive SeaSearcher capable of working in all conditions at Juno Beach. The new scans we are about to conduct, as soon as the wind, waves, and currents allow us back out, will reflect our previous anomalies in relation to permanent markers and will expand into new areas of interest.
SeaSearcher Advancements
Our proprietary SeaSearcher technology continues to evolve, setting new standards in underwater detection. This year, we:
Achieved 90% completion of a handheld version of the SeaSearcher, adding unprecedented flexibility to our operations.
Enhanced the platform’s metal discrimination capabilities, improving its ability to differentiate ferrous, non-ferrous, and precious metals.
Overcame delays in sourcing key components, ensuring that future innovations remain on track.
These advancements reflect the tireless work of our team, particularly Tim and his group, who have refined this groundbreaking technology to maximize its efficiency and precision.

Expansion of Infrastructure
Recognizing the growing demands of our operations, we secured additional lab and conservation space. This expanded facility not only accommodates the increased volume of artifacts—which now exceeds 1,000 items, excluding lead sheathing—but also enhances our ability to document, analyze, and preserve historical finds. Andrew and the lab team deserve special recognition for their meticulous work in cataloging and conserving artifacts of varying sizes and significance.

Reinforcing Our Mission Through Results
We are committed to delivering tangible progress and value through our exploration and recovery efforts. Here are some highlights that reflect our ongoing work:
Unparalleled Accuracy and Efficiency: The SeaSearcher has enabled us to pinpoint areas of interest with remarkable precision, reducing time and resources spent on broad excavation efforts. This allows us to focus on significant areas where valuable insights and artifacts lie.
Maximizing Field Opportunities: Despite unprecedented weather challenges, our dive teams and field technicians have made substantial progress during every workable day. From refining scans to enhancing grid stability, every step has moved us closer to meaningful outcomes.
Long-Term Vision: Recovery and analysis are deliberate processes. By ensuring every artifact is properly documented and preserved, we are safeguarding cultural and historical significance while setting a benchmark for industry standards.

Looking Ahead to 2025
Continuing Operations
As soon as conditions improve, we will:
Take several core samples in the area for a better understanding of the site.
Deploy the SeaSearcher off our coast on selected sites.
Continue to explore and map new areas with the Cesium Vapor Magnetometer to broaden our portfolio.
Computerize our overseas research on hundreds of shipwrecks.
Continue to expand both our conservation lab and our technology lab with Wild Manta.
Complete our handheld discriminator with an advanced sonar array.

A Team of Extraordinary Professionals
I am incredibly proud of the team of professionals Seafarer has assembled. This team includes divers, captains, archaeologists, scientists, accountants, operational administrative managers, board advisors, and our board of directors. I believe the people behind this mission are capable of accomplishing something monumental. I have witnessed their determination and ability to overcome every obstacle thrown at them with brilliance, integrity, and relentless physical work. These people are not ordinary.
The Seafarer team consists of individuals who lead in their own way, and giving up is not in their vocabulary. Their ability to handle adversity is unmatched. Their faith in Seafarer and their belief in our mission are what solidify my confidence in our success. I am continually humbled to be in their presence, knowing that their spirit and talents will drive Seafarer toward a historic year for our shareholders. I firmly believe that 2025 will be our year.

A Note of Gratitude
This has been a year of resilience and progress, and none of it would have been possible without your unwavering support. To those who have followed our journey closely and share our passion for the work we do: your dedication inspires us to push boundaries and redefine what’s possible in underwater archaeology. Together, we are building something extraordinary.
Here’s to a prosperous and discovery-filled 2025!

Warm regards,
Kyle Kennedy
CEO, Seafarer Exploration

Thanks for your input !!!!
Long time since your last post.
Hopefully your feeling has merit.
GLTA

The millionaire Cajun is back……….

Weeeeeeeeeeee

Time for another hot air balloon ride?

Great meeting with Kyle. Huge things coming soon. Cheers everyone.