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SFRX Joins The Stock Day Podcast to Share Impressive Results from SeaSearcher Testing
September 04, 2019 8:30 AM EDT | Source: Stock Day Media
Phoenix, Arizona--(Newsfile Corp. - September 4, 2019) - The Stock Day Podcast welcomed Seafarer Exploration (OTC Pink: SFRX) ("the Company"), a publicly traded underwater salvage and exploration company traded under the symbol SFRX. CEO, Kyle Kennedy, joined Stock Day host Everett Jolly.
The interview began with Jolly noting that today's interview is the conclusion of a five part series with the Company and the Stock Day Podcast.
Jolly then asked Kennedy to bring listeners up-to-date on the Company's government grant. Kennedy explained that government grants take significant time to process, adding that the government took interest in the Company's technology and approached them to develop a new device. "We're getting pretty close actually receiving the grant. That would be a huge accomplishment for our company.", stated Kennedy. "It means we're really working with the government to develop new technology."
Jolly inquired about the size of the government grant. Kennedy shared that while he is unable to reveal the exact value of the grant until a formal release is made, the Company is tremendously excited for the opportunity it represents. "I strongly believe that it will impact our stock and make a very positive splash for us.", said Kennedy.
Kennedy then elaborated on the Company's blockchain technology division. He shared that this part of the Company represents an additional revenue stream that is continuing to expand. "That money is starting to come in, but it gets much better than that. The work that we're doing for these agencies has been picked up by different branches of the government.", explained Kennedy. He added that the Company is currently negotiating a few sizable contracts with the government in this space that would greatly impact their revenues. "We're pretty excited on the blockchain side."
Jolly then asked about the applications of the Company's blockchain technology. Kennedy explained that there are multiple applications for this platform, including the banking and medical industries as companies in this space are continually needing to address cyber security breaches. "The encryption that we use can stop that from happening.", explained Kennedy. "This is going to be a really hot market as it grows and evolves."
Jolly then asked for an update on the Company's current exploration projects. Kennedy explained that other competitors in this space face challenges when it comes to identifying items buried under the ocean floor. However, the Company is combatting this issue by developing a whole new system to see more clearly under the sand. "We're going to be able to use that system to do things that have never been done before.", stated Kennedy, adding that the applications of this technology extend to numerous industries.
Kennedy then shared that the Company has been testing the SeaSearcher over the past few weeks, which has proven to be incredibly successful. "There's nothing in the world that comes close to doing what we're doing in this capacity.", stated Kennedy.
To close the interview, Kennedy expressed his excitement for the Company's future and encouraged shareholders to take advantage of the opportunities Seafarer Exploration has to offer as they approach increasing revenues from their diverse portfolio of technologies.
To hear Kyle Kennedy's entire interview, follow the link to the podcast here: https://audioboom.com/posts/7358705-sfrx-joins-the-stock-day-podcast-to-share-impressive-results-from-seasearcher-testing
This interview with Seafarer Exploration has been part of a five part series with the Stock Day Podcast. To listen to the full series, please visit these links:
Investors Hangout is a proud sponsor of "Stock Day," and Stock Day Media encourages listeners to visit the company's message board at https://investorshangout.com/
About Seafarer Exploration:
Seafarer Exploration Corp. is a publicly traded underwater salvage and exploration company traded under the symbol SFRX. The principal business of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration, recovery, and conservation of historic shipwrecks. The company has secured multiple sites it believes contain historic and valuable shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks. Seafarer employs scientists and historians and is committed to preserving the cultural and historical significance of every wreck it finds. www.seafarercorp.com
Disclaimer:
The press release may include certain statements that are not descriptions of historical facts but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, and other forward-looking terminology such as ''may,'' ''expects," ''believes,'' ''anticipates,'' ''intends,'' ''projects," or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Such information is based upon various assumptions made by, and expectations of, our management that was reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectation and actual results may vary (perhaps materially) from certain of the results anticipated herein.
Media Contact:
Kyle Kennedy
(813) 448-3577
About The "Stock Day" Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America. Stock Day recently launched its Video Interview Studio located in Phoenix, Arizona.
SOURCE:
Stock Day Media
602-441-3474
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/47494