Anyone know what's going on with Seafarer Exploration?
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allen_idaho said:It is a startup treasure hunting firm started in 2007. They have primarily been working on salvaging artifacts and cargo from a wreck off Juno Beach from their ship, the "Iron Maiden". But it seems that they can't find any of the treasure they were looking for.
This quarter, they lost $82,381. Since their inception in 2007, they have lost a grand total of $1,340,000. So far, they have never made any profit. Ever.
Hopefully they will turn things around before they end up going out of business.
By the way, their stock is currently available for 3 cents a share.