Wednesday, February 20, 2019 9:58:44 AM
Just my own opinion of course, but it appears CEO Santilli (former lead scientist and MagneGas) is serious about a merger with the intent of uplisting to NASDAQ, as he said in a recent interview. TNRG seems, indisputably IMO, to be MM Group's public company listing #T000136 – see all the exact matches below. MM Group reverse merger plays have been on fire lately as you may know.
Very low float around 54M judging from recently updated unrestricted shares (see OTC Markets). AS 900M., OS 108M, Restricted 53M, Unrestricted 54M. CEO owns 25M shares, or almost 25% of the OS, so he'd be expected to act in the interest of shareholder value in any merger. He also recently took a business loss on $250K of notes owed to him, reducing company's liabilities by 45% in doing so. CEO seems to be cleaning up the books and making an effort to make TNRG an appealing merger candidate IMO.
The stock recently spiked from around .005 to .03, and that spike didn't correspond to any of the following PRs. Personally, I suspect someone else located the MMG listing and their group front-loaded, though of course that's just an educated guess. Lots of accumulation today already - guessing the same thing is going on.
52-week high is .1298, or around 1000% up from current levels.
Recent PRs
2/14/19: TNRG Announces LOI to Purchase Its Precious Metal Detectors
https://www.nasdaq.com/press-release/thunder-energies-corporation-announces-letter-of-intent-to-purchase-its-precious-metal-detectors-i-20190214-00456
2/4/19: TNRG Founders Scientific Lectures Now Available Online
https://www.nasdaq.com/press-release/thunder-energies-corporation-tnrg-founder-and-ceo-dr-ruggero-santilli-scientific-lectures-now-20190204-00659
1/19/19: TNRG Developing Real-Time Dectector of Precious Metals for Mining Operations
https://globenewswire.com/news-release/2019/01/24/1704795/0/en/Thunder-Energies-TNRG-Advances-the-Development-of-a-Real-Time-Detector-of-Precious-Metals-in-Mining-Operations.html
1/16/19: CEO reduces debt by writing off $250K of his own notes as a business loss.
https://globenewswire.com/news-release/2019/01/16/1696698/0/en/Thunder-Energies-Corporation-TNRG-Announces-a-250K-Decrease-of-its-Liabilities.html
1/10/19: TNRG Advances Development of New Clean Nuclear Energies
https://www.nasdaq.com/press-release/thunder-energies-tnrg-advances-the-development-of-new-clean-nuclear-energies-20190110-00353
Disclaimer – I'm just presenting my research to the best of my knowledge along with screenshots taken and annotated over the last couple of days, and I'm not presenting any opinion about whether anyone else should invest here. Do your own DD to decide if this is a good investment for you. GLTA
Recent TNRG News
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 06/18/2024 08:30:44 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 01:32:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 05:05:11 PM
- Form N-8F - Application for Deregistration • Edgar (US Regulatory) • 03/01/2024 09:30:20 PM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 02/26/2024 07:27:07 PM
- Form N-8A - Notification of registration [Section 8(a)] • Edgar (US Regulatory) • 12/19/2023 04:02:18 PM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 11/01/2023 07:24:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/26/2023 07:50:45 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 10/25/2023 01:09:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/24/2023 06:33:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 03:12:10 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 07:58:33 PM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 08/09/2023 02:29:09 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM