secwatch.observer — SEC 8-K summary
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Issuer:     SHOREPOWER TECHNOLOGIES INC. (AETN)
CIK:        0000764630
Form:       8-K/A
Filed at:   2021-07-13T23:59:59+00:00
Accession:  0001104659-21-091737
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 1.03, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

USBL amends 8-K correcting preferred stock sale; EROP owns 29.2% common + 100% preferred
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764630/000110465921091737/0001104659-21-091737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764630/000110465921091737/tm2122142d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-091737

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