SEAFARER EXPLORATION CORP. (OTCMKTS:SFRX) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On February 15th, 2019the Board of Directors, to Section 607.0704, Florida Statutes, the Board of Directors, acting as shareholders of the Preferred Shares and to their own resolution, voted to increase the authorized shares of the Corporation from 3,900,000,000 common shares to 4,900,000,000 common shares. Such filing was processed to be effective with the State of Florida on February 15th, 2019.
About SEAFARER EXPLORATION CORP. (OTCMKTS:SFRX)
Seafarer Exploration Corp. (Seafarer), formerly Organetix, Inc., is a development-stage company. The Company operates as an underwater salvage and exploration company. The principal business of the Company is to engage in the archaeologically-sensitive exploration, documentation, and recovery of historic shipwrecks with the objective of exploring and discovering Colonial-era shipwrecks. The Company has approximately two wreck sites under permit with the State of Florida and a wreck site under contract with a private party. The Company’s active sites include Cape Canaveral Site, Lantana Site and Juno Site. It has permits from the Florida Bureau of Archaeological Research for an area south of Cape Canaveral, which is jointly owned with a third party; permits from the State of Florida for a shipwreck site located off of Lantana Beach, Florida, and permits from the State of Florida to explore and recover a wreck site located just off Juno Beach, Florida. It has not generated any revenues.
