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Re: BunkerF16 post# 18545

Thursday, 10/12/2023 2:42:29 PM

Thursday, October 12, 2023 2:42:29 PM

Post# of 21129
tothe posted this: "It looks like the Underwriters are the “qualified purchasers” and “accredited investors” (Powerbattles?). The rush job to do this may have been pressure from the Underwriters to do the distribution sooner than December. It may be to accelerate R&D processing the New Patents or something other I am guessing like to do with a spin-off/dividend... we can only guess until the material events are released."

I was thinking something similar. Of course, his explanation is more informed than mine, but I would think they need to make the sale of these new shares attractive to investors.