PHOENIX, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed Seafarer Exploration (SFRX)(“the Company”), a publicly traded underwater salvage and exploration company. Matthew Milstead, an Advisory Board member and one of the Company’s largest shareholders, joined Stock Day host Everett Jolly.
Milstead began the interview by explaining how he got involved with Seafarer Exploration. Originally Milstead started with the Company by providing funding and serving as an advisor. Now Milstead celebrates a total of nine years of being with the Company, and shares that it has been an exciting process.
Milstead explained that the Company’s core focuses have remained the same throughout the years, all revolving around underwater salvage and exploration. However, the Company has expanded during recent years and now has two subsidiaries. “It has been part of the strategic plan all along at Seafarer to try to find technologies, either existing or emerging, that could assist in the core business,” stated Milstead in regards to the Company’s expansion.
“Instead of being a user or consumer, we wanted to become a participant in those technologies,” added Milstead. He then continued by explaining that the Company’s two subsidiaries have made this possible.
Jolly then asked whether or not the Company plans on leasing their technology to other exploration companies. Milstead stated that while it may be possible in the future, their main focus is building and enhancing their current projects. By utilizing these new technologies for their business, they are able to diversify their revenues and enhance their exploration capabilities.
“It is critical to separate Seafarer from the rest of the pack in terms of efficiency and success,” stated Milstead. “We’re starting to see the fruits of our labor. That being in the two subsidiaries that have been formed, as we continue to participate in the development of those technologies, implement them directly into the business, and then provide diversification for our shareholders,” Milstead continued.
Jolly then asked Milstead about the potential profits of underwater explorations. Milstead explained that the opportunity for both monetary and historical profits are exponential. To close the interview Milstead shared that Seafarer is truly a special company. He added that the people behind the Company are dedicated to the preservation of the historical artifacts found and sharing their significance with the public. Milstead added that the Company also offers a unique and diversified business plan that is only continuing to grow.
To hear Matthew Milstead’s entire interview, follow the link to the podcast here: https://upticknewswire.com/featured-interview-advisory-board-member-matt-milstead-of-seafarer-exploration-inc-otcpink-sfrx/
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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 were 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.
Contact:
Kyle Kennedy
(813) 448-3577
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