Seafarer Exploration Corp (PK) (SFRX)

Definitely agree with you jrf. The tech works in discerning what type of metal is there and I believe they are sitting on a lot of treasure. The problem id first getting an exact location of the targets and then being able to bring them up. I'm sure there has to be someone out there that can get that done. Maybe we should ask Musk to intervene. He doesn't seem to let anything stand in his way 🙂

Well I missed that, when and where was that picture, ..please share

Who is the 3rd party that tested the…….

device?

Thx

Yesterday Kyle worded it differently and said Timmy’s…..

toy gave them a general area of where treasure was.

He also said they may need to rescan and recalibrate the device.

He also admitted they’ve missed every target.

But keep up the faith.

Happy 2 fitty!

There was pics of coins they buried inside boxes and the sea searcher pin pointed and showed them. I truly believe the technology they created works. Just a matter of time! Jmo

With the shares I have I think all my kids and their families might end up lazy!! Lolo just kidding I’ll be glad to know they don’t have to struggle in life. Jmo just one hole drilled in the right place and the pps will automatically climb higher!! Jmo

I don't question anything in your post, and I as well believe the tech works, but to my knowledge the third party testers haven't certified anything yet,..or if they have we haven't seen it... So it's back to drilling holes until we hit the goods. After 17 years I can wait

"Mask the codes and do third-party testing on the tech!"

They did. They did blind tests, buried in the actual locations, and the machine picked up the right metal literally 100% of the time. Kyle even mentioned it in passing yesterday. But the machine has been tested and, as he said "1000 times out of 1000, it indicated correctly". reqality it, it was not 1000 times, but yes it was tested. Blind test. It passed.

It is the ONLY reason I am still here. Because I believe the tech works. And someday, Kyle MAY get the treasure out, even though so far he has been INEPT at it.

As for other sites? Again, something Kyle has failed at. I even had a potential offsite location to test the equipment, and excuse after excuse I never saw his machine get to the site I wanted to test. So yes, there are problems. But, I for one believe in the tech and feel even a blind squirrel gets the nut once in a while, so YES I believe they WILL get treasure at some point. On this site. based on what the tech is seeing. My opinion. We'll see if it ever happens. I figure if I lose it all, it will affect me nothing. If they hit though, it will affect me for generations to come. Probably make my son a lazy person.. lol. But I'm sticking in it, in spite of the results so far.

Exactly! They aren’t walking along the shore line!! At 90’ below the surface they have to watch their descent and coming back up to the surface! Bad visibility, currents, they’ll get there but they won’t be taking any short cuts like some past treasure hunters did! Jmo

I think what’s extremely difficult is finding……

treasure where there isn’t any.

I’ve never seen treasure recovered from a dud site.

Depth and currents have become excuses.

Shipwrecks are salvaged 1000’s of miles from shore at depths of 10’s of thousands of feet.

Now, they aren’t worth billion$ as SFRX claims their wrecks are, but they are profitable ventures.

Just sayin’

Beg to differ, 90 ft depth is extremely difficult to work in with a 5 -7 knot current!

Love the logic. Third party verification could have….

been completed years ago.

Further, Juno being 90 ft is not too difficult, it’s just too difficult for SFRX, who claims to be the industry leaders. Judd was quite desperate when he hired SFRX.

To your original point, have a 3rd party verify the device onsite and partner with someone that can get the job done at Juno.

But, but, but….can SFRX really do either?

Would a 3rd party determine the device is a dud?

Would a 3rd party determine Juno is a dud?

Logic says there’s a reason they’ve turned to making YouTube videos.

Just sayin’

Happy 250!

Mask the codes and do third-party testing on the tech!

I was hoping the webinar would have indicated they were digging the first treasure target. Really sad operationally. They are convinced the tech is accurate but can't get to the targets. I know the environment at Juno is difficult but at some point they have to perform.

I sold all my shares SFRX is complicated lies

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Wasn’t able to make the call today.
Any recaps/replays available ?

Or, if you know there is something of value there, get a secondary company involved that can actually dig this up no matter the situation.  Might cost a % of the Booty.  My thought is: 70% of something is A LOT BETTER than 100% of Nothing, IMO.

So if the state would allow, it could be possible to use a sand dredge pump to build the coffer dam with the overburden, and then returned after artifact retrieval..just a thought

It’s obvious Jay doesn’t have much to……

work with. This is the same crap we’ve heard for nearly seven years about the device.

They’ve scanned but they might need to rescan and recalibrate?

They’re on the trail of another multibillion dollar wreck?

Oh boy!

Someone should tell the birthday boy that Jensen (NVDA) not Sam has made more millionaires than anyone.

Wasn’t you that brought up 10MM shares on the bid the other day? Well, there’s 10MM on the ask.

Go figure.

Happy Thursday!

Nice to have an update today but the only thing that really matters is if they are finally excavating that first treasure target. If indeed they get to that point then this would be close to taking off imo.

Yep…
https://www.facebook.com/share/p/1HjhhnWuJj/?mibextid=9l3rBW

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Now isn’t that special?? Sell a few shares cheap to drive down the price and then put an order in for 5,000,000 + shares at the lower price! Lolol jmo takes all kinds

Looks like we have a couple tarts trading today! Jmo I’m looking for silver trading also!! Jmo

While finding treasure would likely give the……

pps a boost, it needs to be quite substantial as the company is losing over $200K a month, and Kyle admits they’re doing things on the cheap right now….ie core drilling. Doesn’t sound like they’re very confident.

Regardless, they say they have no plans to sell treasure and the revenue model is through media deals.

Good luck with that.

Do you see any media deals with any other salvage companies?

Or what about museum deals? Tee shirts?

This is a dilution trap.

Happy Hump Day!

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How ‘bout they bring up silver instead of….

making YouTube videos just to generate interest?

I would say the former will gain far more interest than the latter, but if that’s all they got, well…..

Happy TACO Tuesday!

Ready for this to start trading Silver 🥈

Getting ready for the call.

I’m optimistic also, being it’s 90+ feet deep I’m sure it’s difficult in many ways! I believe when/if they bring up treasure the pps will show it quickly. I believe the equipment works like they have said so it seems it’s just been difficult to get things done. I’m in it no matter! I’m not selling shares and I pretty much have all the shares I think I need. Jmo

That’s fair commentary, but isn’t the issue……

SFRX being limited by the Corp? See below from the permit docs.

Whoever heard of taking core samples from what has been suggested is chests of silver?

I believe Kyle said some time ago that the purpose of the core drilling was to make sure it was what they thought before stepping up to more costly operations to salvage the treasure.

That sounds good I suppose, but isn’t this approach costing lots of time as well as money?

I as one of the SFRX shareholders have both optimism and pessimism as well. Optimistic because the tech clearly says treasure and I have no doubts about that. Pessimistic because they can't find a way to bring it up. Operationally this has fallen far short of what the company planned. Excuses abound which I believe are legitimate but no matter they have not been able to get the job done. Back on the optimistic side, I honestly believe at some point they will bring the first target up and it will reveal treasure but the question is when.

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First of all, if you file a lawsuit……

it’s the business of any shareholder, as they are the owners of the company even if the BOD took away their voting rights.

Secondly, it’s quite amusing anyone would suggest Ihub posters can influence the pps.

Not saying you did, just sayin’

Happy Monday!

Well, everyone is entitled to their own thoughts and opinions.Good Luck 🍀 

Whether I decide to file suit or not, time will tell, but that's not really anyone else's business. I may have more than one reason for posting what I do, but, what I post I do in an attempt to find the truth. I'm not here to be a pessimist. In fact, if my posts actually cause people to sell their stock and in turn the price drops, that actually hurts my position. I am curious to how many objective shareholders are on here, those that still have hope the price will boom but at the same time are objective enough to discuss the real shortcomings the company and management has. I recognize that if I would have put my money elsewhere, I could have done much, much better. Again, I'm not under any delusion that I'm some kind of savant. I'm an idiot, but an idiot that has enough humility to look in the mirror and acknowledge when I've screwed up. There are plenty of people that are holding onto blind hope and refuse to acknowledge they may have made a bad call. On the other hand, there are some non-shareholders who are just $H!/' posting, for what reason I do not know nor do I really care to speculate. Both have equal right to post what they want, however, I would like to see how many objective SFRX Board posters are on here. Again, if I wake some of these board posters on and it causes the price to drop, I've shot myself in the foot. But I'm not on here to influence stock price, as some may be. I'm just sticking my litmus paper in solution to see how it reacts.

10 million shares trying to buy in at the moment,

What reason does SFRX keep claiming their…….

device pinpoints treasure?

If it does, where is it?

For the past several years some longs here have agreed that it’s time for SFRX to put up or shut up, yet they keep making the same claim about the device.

The latest excuse has been something like….the drill bit landed between the treasure and we just missed it. Darn it!

So much for being efficient, huh?

The Ihub member has every right to post his suspicions about SFRX’s claims made over the years. July 22nd marks the 7th anniversary of SFRX claiming the device works, yet some are still drinking the Kool-Aid.

They shoot off at the mouth about tonnage, SFRX being industry leading, billion dollar wrecks that they can’t even ID, game changing technology, blah, blah, blah, yet they’ve only brought up one coin.

The results speak for themselves, don’t they?

But hey, they never give up, right?

It’s rhetorical.

Happy Monday!

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So, you going to file suit here or what ?  You keep showcasing all this for what reason ?

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Someone with credibility, like a seasoned archaeologist……

should be a part of any SFRX conversation about Juno.

Who concluded the “document(s)” Kyle spoke about may be tied to the Juno wreck?

Who found the document(s)?

Why are they simply implying there is treasure at Juno instead of saying the device located what they believe to be is treasure?

They’ve said the drill bit is hitting between the targets but what are the targets? Doesn’t the device identify them?

What we’ll likely hear next Thursday is more hype and fluff to try and gin up interest via social media, and Kyle will probably be the most optimistic he’s ever been.

A well spoken expert that can lend the project some credibility would likely carry far more weight.

Happy Thursday!

SECTION 9 OF THE SECURITIES EXCHANGE ACT OF 1934
15 U.S.C. § 78i (1988)

(a) Transactions relating to purchase or sale of security

It shall be unlawful for any person, directly or indirectly, by the use of the mails or any means or instrumentality of interstate commerce, or of any facility of any national securities exchange, or for any member of a national securities exchange-
(1) For the purpose of creating a false or misleading appearance of active trading in any security registered on a national securities exchange, or a false or misleading appearance with respect to the market for any such security, (A) to effect any transaction in such security which involves no change in the beneficial ownership thereof, or (B) to enter an order or orders for the purchase of such security with the knowledge that an order or orders of substantially the same size, at substantially the same time, and at substantially the same price, for the sale of any such security, has been or will be entered by or for the same or different parties, or (C) to enter any order or orders for the sale of any such security with the knowledge that an order or orders of substantially the same size, at substantially the same time, and at substantially the same price, for the purchase of such security, has been or will be entered by or for the same or different parties.
(2) To effect, alone or with one or more other persons, a series of transactions in any security registered on a national securities exchange creating actual or apparent active trading in such security or raising or depressing the price of such security, for the purpose of inducing the purchase or sale of such security by others. . .


Again, it's starting to feel a little like Theranos. I imagine a lot of this stuff goes on in these smaller companies but SFRX seems to have a significant amount of investors. I'm not sure why there hasn't been more scrutiny of management. Maybe because it wasn't until recently (within last 5-10 years) that they made the super secret squirrel technology claim. Maybe it's because in a former life Kyle was a Securities Broker and knows how to grease the palms of any would be investigator. But again, look how vast the Epstein scandal and nothing is happening there. That was the largest known child trafficking criminal ring in the world and only one person (Ghislaine Maxwell) was charged. So why would I think that law and order would intervene in this little company. This is a sign of the times.

2 Timothy 3
But mark this: There will be terrible times in the last days. People will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, without love, unforgiving, slanderous, without self-control, brutal, not lovers of the good, treacherous, rash, conceited, lovers of pleasure rather than lovers of God .

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Maybe someone(s) taking profits on discounted shares…….

they got late last year around .00144? That’s the average price based on this note in the 10Q for Q3 2025. Some may have paid more, some may have paid less than .00144. Isn’t that when SFRX started the capital raise?

NOTE 11– SUBSEQUENT EVENTS Subsequent to September 30, 2025, the Company issued or has agreed to issue shares of its common stock as follows:

- Sales of 83,666,670 shares of the Company’s restricted common stock under subscription agreements for proceeds of $120,500.

https://www.sec.gov/ix?doc=/Archives/edgar/data/1106213/000119983525000381/srfx-10q.htm#fact-identifier-1235

You do know some take this as a dual opportunity. They sell their discounts at a profit, which could put pressure on the price, and then buy even more discounts from the company. Then rinse and repeat.

I’m not saying thats happening here, but you can do the math. They may have been selling some for the past couple of weeks slowly driving down the price in order to get trips.

The SEC refers to it as a Death Spiral, not to be confused with the Peruvian Death Mask.

Happy Hump Day!

Very odd trading a few days before the shareholders meeting?? Someone selling shares to scare other shareholders into selling? Or… did someone have to sell because they needed money to cover some other stock? Or ….. did someone’s x-wife get ahold of her former husband’s account??? Lololo No matter I’m in it and not selling any shares!! Jmo

Quote: That’s the part I really like!! Filming as they work the site. Jmo
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Of course trueblue you would agree with anything SFRX says. It doesn't drill the hole (ridiculous) or salvage the treasure that in all likelihood isn't even there.

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