UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July
6th,
2018
SEAFARER EXPLORATION CORP.
(Exact name of registrant as specified in its charter)
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Florida
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000-29461
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73-1556428
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(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(IRS Employer Identification
Number)
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Kyle Kennedy
Chief Executive Officer
14497 N. Dale Mabry Hwy.
Suite 209N
Tampa, Florida 33618
(Address of principal executive offices) (Zip Code)
(813) 448-3577
(Registrant’s telephone number, including area
code)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2.
below):
☐ Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
☐ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
☐ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
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Item
8.01 Other Events
On July
5, 2018, it came to the attention of management of Seafarer
Exploration Corporation that there had been a news release which
was represented to be from Seafarer through M2 Compliance. This
release was completely false and completely unauthorized by
Seafarer. Management and counsel for Seafarer immediately contacted
M2 Compliance and were not given what we felt was an acceptable
explanation as to how such a release was allowed to go out to the
public about Seafarer which was a Company who had not even been a
client of M2 Compliance. The explanation given was that the account
was set up without any manner of vetting or verification, in
Seafarer’s opinion, as to who the party sending in the
account information actually was.
The
releases content was false. If at any time Seafarer has material
information on a wreck find, it will make a reasonable news
release. Seafarer and counsel spoke with the Chief Executive
Officer of M2 Compliance, and there was no explanation in our
opinion of any reasonable verification process that was conducted
in the fraudulent application by the unknown third party to set up
such an account. There was no verification through contact with the
company, with Kyle Kennedy through the Company phone number,
available emails, or even of linking the payment method, which had
not even been run at the time the discussion was held with M2
Compliance. Further investigation by Seafarer showed the
application seemed to have a temporary cell number reference from a
“burner phone.”
We at
Seafarer find this reprehensible that a third party would attempt
to hijack the Seafarer name in an attempt at potential market
manipulation. We are taking all necessary notifications, and will
continue this investigation, for our continued obligation to our
shareholders and the investing public in general.
See
Exhibit 99.1 for the Release which was sent by M2 Compliance in
relation to this matter.
EX-99.1
PRESS RELEASE ISSUED July 5th,
2018
Seafarer
Refutes July 5th
Press
Release
TAMPA, Fla., July 05, 2018 (GLOBE NEWSWIRE) -- Seafarer Exploration
Corp (OTC PINK: SFRX) Seafarer Exploration has become aware of a
recent release by an unknown entity that is completely unrelated to
Seafarer. Seafarer was not aware of such release and is in no way
responsible for the representations being made in the release.
Seafarer is notifying the necessary parties of the situation.
Seafarer is currently investigating the false release.
Seafarer is actively working the Melbourne Beach site and will make
a press release when something of material value has been found.
For updates on the Company please visit our website or Facebook
page at https://www.facebook.com/SeafarerCorp/.
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 and recovery 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
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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.
SOURCE:
Seafarer Exploration Corp.
Contact:
Kyle
Kennedy
(813)
448-357
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly
authorized.
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SEAFARER EXPLORATION CORP.
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Date: July 6th,
2018
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By:
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/s/ Kyle Kennedy
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Name: Kyle Kennedy
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Title: Chief Executive Officer
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