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/C O R R E C T I O N -- Thunder Energies Corp./

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Thunder Energies Corp (OTCBB: TNRG) has announced the successful transfer of its remaining Webstar Technology Group (OTCQB: WBSR) common shares to Vstock Transfer, The shares are being distributed as dividends to eligible Thunder Energies shareholders who purchased shares before September 13, 2024's market close.

Vstock Transfer expects to complete the dividend distribution by January 31, 2025. Eligible shareholders who don't receive notification of their WBSR share distribution by this date should contact help@tnrgdividend.com with their details including full name/company name, mailing address, contact information, and a copy of their recent TNRG shares statement.

This announcement is a correction to a previous release, specifically updating the completion date from January 31, 2024, to January 31, 2025.

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News Market Reaction 1 Alert

-3.85% News Effect

On the day this news was published, WBSR declined 3.85%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

In the news release, Thunder Energies Corp. Completes its Dividend Distribution of Webstar Technology Group, Inc.'s Shares To Its Shareholders, issued 28-Jan-2025 by Thunder Energies Corp. over PR Newswire, we are advised by the company that in the first paragraph, "January 31, 2024" should read "January 31, 2025." The complete, corrected release follows:

Thunder Energies Corp. Completes its Dividend Distribution of Webstar Technology Group, Inc.'s Shares To Its Shareholders

ATLANTA, Jan. 28, 2025 /PRNewswire/ -- Thunder Energies Corp. (OTCBB: TNRG) today announces the successful transfer of its remaining Webstar Technology Group common shares to New York based transfer agency Vstock Transfer, LLC (www.vstocktransfer.com). These remaining Webstar Technology Group, Inc's (OTCQB: WBSR) common shares are currently being distributed by this transfer agency as a dividend distribution to all eligible Thunder Energies common shareholders who completed their share purchase prior to the previously posted September 13, 2024, market close date. Vstock Transfer has confirmed that it fully anticipates the completion of its dividend distribution on or before January 31, 2025.

Any eligible Thunder Energies shareholder who does not receive their notification of the Webstar Technology Group, Inc's common shares dividend distribution by the above-mentioned date is encouraged to contact the following email address for assistance: help@tnrgdividend.com. We ask that you include the following information in your confidential email:

  • Full name or company name the shares are held in
  • Current mailing address
  • Contact phone number
  • Email address

Send along with a copy of your most recent statement of TNRG common shares for reference that will enable us to address, correct and update promptly.

For more information and media inquiries, please visit www.thunderenergiescorp.com or contact:

Investor Relations
Thunder Energies Corp.
E: Info@thunderenergiescorp.com
P: (844) 601-1956

Donald R. Keer, P.E., Esq.
Corporate Counsel
Thunder Energies Corp.
P: (254) 704-2675

Forward Looking Statements Disclaimer: This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Thunder Energies Corp.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such forward-looking statements include the words "vision," "seek", "grow", "plan" and other expressions of a forward-looking nature. More information about the potential factors that could affect the business and financial results is and will be included in Thunder Energies Corp.'s filings with the OTC Markets, Securities and Exchange Commission and/or posted on the company's website.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/thunder-energies-corp-completes-its-dividend-distribution-of-webstar-technology-group-incs-shares-to-its-shareholders-302362197.html

SOURCE Thunder Energies Corp.

FAQ

When will TNRG shareholders receive their Webstar Technology Group (WBSR) dividend shares?

The dividend distribution is expected to be completed by January 31, 2025, according to Vstock Transfer,

What is the eligibility cutoff date for the WBSR share distribution?

Shareholders must have completed their TNRG share purchase prior to the market close on September 13, 2024, to be eligible.

How can shareholders follow up if they don't receive their WBSR dividend shares?

Shareholders should email help@tnrgdividend.com with their personal details and a copy of their recent TNRG shares statement.

What information do TNRG shareholders need to provide if they haven't received their WBSR shares?

Shareholders need to provide their full name/company name, current mailing address, contact phone number, email address, and a copy of their most recent TNRG shares statement.

Which transfer agency is handling the WBSR dividend distribution?

Vstock Transfer, , a New York-based transfer agency, is handling the distribution of Webstar Technology Group shares.
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United States
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