Breakthrough Chemistry Inc (BKTH)

[I ll be back]

What this likely means for the shareholders here.

BKTH is pleased to announce that the same group which recently requested the removal of our prior posts has now extended a formal offer to acquire select BKTH technology IPs. BKTH has determined the proposal aligns with our strategic objectives and is preparing to close the transaction this month. This agreement underscores the market demand for BKTH’s proprietary innovations and represents a meaningful step forward in delivering value to our shareholders.

This PR suggests that BKTH is agreeing to sell its Fire Technology, which would not only allow the company to focus on its other offerings but also likely provide much-needed capital for other projects, like Winner. It will be interesting to see if the offer is an outright purchase, or if it allows the company an on-going revenue stream like royalties. Just a thought.

Interesting how the PR generated an increase in the ask volume. 😎