Twin Vee Powercats Inc (VEEE)

[ironman09]

Filing links for 4M $VEEE and 7M $FRZA shares


This is the link to the 4M $VEEE shares that $TVPC owns (57.14% ownership). This ownership gives $TVPC majority control over $VEEE.

https://www.otcmarkets.com/filing/html?id=15523968&guid=bn1-kp9g9uxzh3h



This is the link to the 7M $FRZA shares (page 3 of 10) owned by $TVPC or 67% control. Of interest, is that $TVPC owns 57.14%of $VEEE, but the entire 7M $FRZA shares were recorded under both $TVPC and $VEEE. This leads me to believe the Owners still have plans for $TVPC.

https://www.marketwatch.com/investing/stock/frza/financials/secfilings?docid=16022414



Here is the link to the dividend distribution announcement. The PR is 1 year old and their plans for $TVPC may have changed since. As a theory, could the VEEE share distribution be complicated for tax reasons and revenues for $VEEE (gas powered boats) and $FRZA (EV boats) will continue to roll up to $TVPC, with TVPC remaining as the controlling entity. This would make $TVPC one of the more valuable OTCs listed and a NASDAQ up-list target.

https://www.otcmarkets.com/stock/TVPC/news/Twin-Vee-Powercats-Inc-Issues-Statement?id=318034