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PHOENIX, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed Seafarer Exploration Corp. (SFRX), a publicly traded underwater salvage and exploration company. Chief Technology Officer, Dr. Michael Torres, joined Stock Day host Everett Jolly.
Jolly began the interview by asking Dr. Torres to explain the Company’s blockchain technology and the revenue it produces. Dr. Torres shared that the Company’s partnership with P&S offers them a unique position in the market and has allowed their blockchain technology to become a steady source of revenue. Dr. Torres also explained that their partnership with Advanced Autonomous Radar Interrogation Technology allows them to detect noble metals. This system is incredibly unique as it is able to detect the content of an alloy and can be used to find rare minerals. For a salvage and exploration company like Seafarer Exploration Corporation, this is an invaluable tool.
Dr. Torres stated, “It’s a new concept. This study just came out in 2017 for external quantum efficiency, which is essentially applied particle physics. No one has this device yet. This device is brand new to the market. It is unique in that it can detect and differentiate noble metals.”
Dr. Torres continued to explain that this system can be used for mineral detection, wreckage, search and rescue, to detect gold and silver on ships, and even to determine whether or not a vessel belongs to the United States. “It has multiple applications. It is a brand-new technology,” stated Dr. Torres.
Jolly then asked whether or not the Company is considering loaning the system out to other wreckage companies in the future. Dr. Torres explained that they have been considering this route, as well as loaning the system to agencies within the federal government.
Jolly followed by asking Dr. Torres how the Company plans to build revenue throughout 2019. Dr. Torres explained that the Company plans to generate revenue in numerous ways including through their wreckage projects, as well as by loaning their new technology to other wreckage companies and selling the organic version of the Advanced Autonomous Radar Interrogation Technology to various government agencies.
Dr. Torres then shared his excitement for the Company’s most recent wreckage find of a Peruvian Death Mask made out of Uridium, presenting an intriguing historical significance. The team then found a Spanish piece of eight about 150 yards away from the mask, which was dated 1712. Dr. Torres explained that the Company has an exploratory permit which will allow them to excavate this site.
Dr. Torres closed the interview by sharing his excitement for the future of the company, including the potential revenues through 2019. “It’s an exciting time. I know the stock is low, but there’s not much downside right now,” stated Dr. Torres.
To hear the entire interview with Dr. Mike Torres, follow the link to the podcast here: https://upticknewswire.com/featured-interview-dr-mike-torres-of-seafarer-exploration-corp-otcpink-sfrx/
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
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.
About Uptick Newswire and the “Stock Day” Podcast
Founded in 2013, Uptick Newswire 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. Uptick provides companies with customized solutions to their news distribution in both national and international media outlets. Uptick is the sole producer of its “Stock Day” Podcast, which is the number one radio show of its kind in America. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire, which recently launched its Video Interview Studio located in Phoenix, Arizona.