Thunder Energies Corp Stock Price, News & Analysis

Thunder Energies Corp (OTC: TNRG) has filed delinquent SEC 10Q reports for 2022 and the 10K report for 2021, with audits performed by Paris Kreit & Chiu CPA. The company has updated its documentation with OTC Markets, which is essential for removing trading restrictions on TNRG stock. TNRG aims to restore its trading status and plans to list on OTCQB while filing a Regulation A offering. President Rick Haynes praised the team's efforts to achieve compliance, indicating this will enhance the company's financial standing and market value.

Thunder Energies Corp (OTC: TNRG) has engaged geologist Lane A. Griffin to evaluate mineral reserves at its Nevada mining property, focusing on gold and other valuable minerals. Initial assessments will include drone flyovers to identify prime mining locations. Thunder Energies recently entered into a joint venture with Fourth and One and aims to quantify reserves, with nearby properties showing proven gold reserves exceeding 138,000 ounces. Griffin's report suggests potential for substantial mineral reserves, although further exploration is required to confirm this.

Thunder Energies Corp (OTC: TNRG) has engaged Paris Kreit & Chiu CPA as independent auditors to achieve full SEC compliance. Lead auditor Stephen Kreit will oversee the audit, which is expected to resolve delinquent filings within 60 to 90 days. After the audit, the company aims to uplist to NASDAQ or OTC Q markets. President Ricardo Haynes emphasizes that the new management is focused on regulatory compliance to strengthen the company's public equity base. Kreit CPA believes in Thunder Energies' significant upside potential, reinforcing confidence in this new direction.

Thunder Energies Corp (OTC: TNRG) has engaged George Law Group as special bond counsel for a significant debt issuance of investment-grade instruments, potentially worth several hundred million dollars. The issuance will comprise collateralized tranches A, B, and C. The new management aims to uplist to NASDAQ or OTC Q market shortly, following the completion of audited financials. No specific issue date has been set, but it is anticipated for late 2022 or early 2023. Thunder Energies is focusing on building itself into a major entity after a recent change in control.

Thunder Energies Corp. (TNRG) announces a significant $40 million cryptocurrency funding agreement with Turvata Holdings Limited. This pact involves the issuance of 50,000 RORA COINS valued at $800 each. The company will utilize the funding to bolster its acquisition strategy, as reiterated by President Ricardo Haynes. The arrangement provides Thunder Energies with a financial mechanism akin to a line of credit, aimed at enhancing shareholder value. The transaction will be recorded as a company asset and managed under auditing guidelines.

Thunder Energies Corp. (TNRG) has transitioned to new ownership, divesting its CBD and Hemp assets to focus on real estate development and mining ventures. The company aims to leverage its industry expertise for significant growth opportunities, highlighted by existing joint ventures in hospitality projects in Tennessee and Georgia, alongside mining operations in Nevada. The shift marks a strategic realignment towards specialty real estate and mineral resource extraction.

Thunder Energies Corporation (OTC PINK:TNRG) has appointed Bruce W. D. Barren as President, bringing over 50 years of experience in various sectors, particularly in the hemp/CBD markets. Barren's track record includes over 200 business turnarounds and $5 billion in capital formation. His extensive qualifications include degrees from notable institutions and accolades from U.S. Presidents. The company recently filed an 8K to document this leadership change, with CEO Adam Levy expressing confidence in Barren's ability to enhance shareholder value.

Thunder Energies Corporation (OTC PINK:TNRG) announced a reverse acquisition with Nature Consulting, Inc., aiming to enhance shareholder value and attract new investors. The acquisition structure includes cash payments, securing nearly 100% of the equity and voting rights to prevent share dilution from sellers. The deal adds significant revenue, with Nature Consulting reporting over $7.4 million in sales despite pandemic challenges. This transaction positions TNRG for rapid growth in the CBD market, ensuring a strong commitment from new management to shareholders.

Thunder Energies Corporation (TNRG) announced a reverse acquisition of Nature Consulting, Inc., which has generated $7.4 million in revenue since its founding in February 2019. The deal, finalized on August 14, 2020, resulted in Nature Consulting becoming a wholly-owned subsidiary of TNRG, with Yogev Shvo assuming the role of Chairman. The acquisition marks a strategic move to position TNRG in the growing CBD market, leveraging Nature Consulting's established network and sales growth, which rose from $2.2 million in 2019 to $5.2 million in 2020.