other material
confidence medium
sentiment neutral
materiality 0.80
USBL amends 8-K correcting preferred stock sale; EROP owns 29.2% common + 100% preferred
SHOREPOWER TECHNOLOGIES INC.
- Corrects prior 8-K: preferred shares sold to EROP were 2,807,181 at $0.057 (was 2,744,007 at $0.053).
- Total consideration $481,066 from sales of 5,104,007 common shares (at $0.065 and $0.10) and 1,105,644 preferred at $0.057.
- EROP Enterprises LLC now holds 29.24% of common stock and 100% of preferred (5 votes/share, 2% dividend, convertible).
- Equity Markets Advisory acquired 8.29% of common; World Equity Markets received 125,000 common shares as broker fee.
- Securities sold under Section 4(a)(2) exemption; no public offering or underwriting.