Cut your pomegranate into quarters using the knife and cutting board.
Fill the medium bowl half way with cool water (I leave the bowl in the sink so that it doesn't make a mess if any water comes out of the bowl.
Doing each quarter one at a time, place teach quarter in the bowl use your hands to remove the seeds from the white, pithy membrane. The seeds will sink down and the pith will float. If any of the pith is stuck to see seeds remove it.
Once all the quarters are de-seeded, skim off the pith and remove the peels from the bowl.
Use a strainer to full drain the water and place the seeds into the smaller bowl.
Notes
These will last up to 5 days covered in the refrigerator.