Imperial Petroleum Inc (IMPP)

[Smilin_B]

It's extremely hard to fair value the spin-off shares.

It's only two dry bulk carriers so far but the float is super low. Many IMPP shareholders see this as free money and are simply taking profits as soon as the shares clear their account.

I suppose IMPP's share price is down because these two dry bolt carriers that were shifted into C3is's inventory, are no longer a creative towards Imperial Petroleum's revenue stream and profits. I do recall our CEO stating that the dry bolt carriers were pretty insignificant in relation to the cash being generated by our 10 other supermax vessels