Twin Vee PowerCats Company (VEEE) Quote

Twin Vee PowerCats Co. Announces Acquisition of Iconic Bahama Boat Works
FORT PIERCE, FL / ACCESS Newswire / June 6, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, proudly announces the acquisition of Bahama Boat Works, uniting two renowned legacies in the marine industry. The iconic Bahama brand, long celebrated for its unmatched craftsmanship, timeless aesthetic, and dedication to producing some of the finest offshore fishing vessels, will continue to uphold these standards under Twin Vee. Every Bahama boat will still be constructed with the meticulous attention to detail and rugged, sea-proven quality that has earned its place among elite owners worldwide.

This next chapter is intended to elevate Bahama Boat Works by seamlessly integrating Twin Vee's cutting-edge innovation and engineering expertise. Twin Vee brings decades of advanced composite construction, performance-driven design, and technological leadership to the Bahama line to help ensure these vessels continue to deliver a premium boating experience. The Company believes that the marriage of classic Bahama DNA with Twin Vee's pursuit of innovation will result in boats that are not only beautiful but also more capable, efficient, and modern than ever before.

"Moving forward, Bahama Boat Works under Twin Vee will continue to craft highly refined boats for discerning owners who demand the absolute best," remarked Joseph Visconti, CEO and President of Twin Vee PowerCats Co. "From signature screwless hardware and flush-mount finishes to integrated state-of-the-art marine electronics and optimized hull designs, these boats will embody both tradition and progress. The new Bahama will represent a perfect harmony of timeless form and future-forward function honoring its past while driving boldly into the next era of boating excellence."

Key to this transition is the continued involvement of master boat builder Scott Henley, one of the most prolific and respected figures in the marine industry. Scott's unmatched expertise, craftsmanship, and deep connection to the Bahama brand have shaped its legendary reputation. His leadership will ensure that the soul and quality of Bahama Boat Works will not only be preserved but will continue to thrive within the Twin Vee organization.

VEEE: common shareholders of Forza X1, Inc. (FRZA) shall receive 0.611666275 shares of Twin Vee PowerCats Co. (VEEE) every one (1) common share held of Forza X1, Inc. (FRZA) in connection with the merger with Twin Vee PowerCats Co. (VEEE)

VEEE: New 52 week HIGH.

_____________________________________________________________________
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VEEE time to have some more fun

So Joe is merging 2 worthless tickers to make a super crapper ticker.

Is Joe a mobster?

VEEE new 52 week low

VEEE new 52 week low

I call BS on Zimmerman 47 years old HAVING 30 YEARS SENIOR MANAGEMENT EXPERIENCE.
NO FRIGGIN WAY UNLESS HIS EXPERIENCE INCLUDES HIS TIME MANAGING HIS BATHTUB BOATING EMPIRE.

What’s the float and outstanding share count
Thanks
Jb

Nice to see management screwing the pooch while the company doesn't make a penny in profit.

Sink the stock - it needs to be sent back down to the pinks.

VEEE new 52 week low

VEEE new 52 lo

VEEE new 52 week low

Wow, Time flys....I thought I was following this.....Nice new deal with eboats... interesting.

Hello everyone. Has the company given any updates on the dividend payment yet?

Apologies, I’m being very cheeky just asking.

“RYCO Marine, located in Fort Myers, Florida, has received Twin Vee's first 400 GFX. "Ryan Bradley and Marco Brummund, the general manager and owner of RYCO Marine, respectively, are ecstatic about our new 400 GFX," states Joseph Visconti, President and CEO of Twin Vee PowerCats Co. "We have designed and built what we believe is a game-changing offshore catamaran. Not only are our Twin Vee power sport catamarans known for being the best riding boats on the water, but the price range for this offshore Cat is one of the best value propositions in the 40 foot market." RYCO Marine has ordered a second 400 GFX, and RYCO feels confident that sales of these larger boats will develop into a much larger retail market segment.”

-From Today’s PR 9/28/22

Solid ironman9. Excellent due diligence, thanks for providing the links so that future investors can see for themselves.
Perhaps, we can pin this in a sticky. Mods can you put this great dd post in sticky please.

Thanks
Maverick
TVPC
$TVPC
maverick
All in my opinion.

Filing links for 4M $VEEE and 7M $FRZA shares


This is the link to the 4M $VEEE shares that $TVPC owns (57.14% ownership). This ownership gives $TVPC majority control over $VEEE.

https://www.otcmarkets.com/filing/html?id=15523968&guid=bn1-kp9g9uxzh3h



This is the link to the 7M $FRZA shares (page 3 of 10) owned by $TVPC or 67% control. Of interest, is that $TVPC owns 57.14%of $VEEE, but the entire 7M $FRZA shares were recorded under both $TVPC and $VEEE. This leads me to believe the Owners still have plans for $TVPC.

https://www.marketwatch.com/investing/stock/frza/financials/secfilings?docid=16022414



Here is the link to the dividend distribution announcement. The PR is 1 year old and their plans for $TVPC may have changed since. As a theory, could the VEEE share distribution be complicated for tax reasons and revenues for $VEEE (gas powered boats) and $FRZA (EV boats) will continue to roll up to $TVPC, with TVPC remaining as the controlling entity. This would make $TVPC one of the more valuable OTCs listed and a NASDAQ up-list target.

https://www.otcmarkets.com/stock/TVPC/news/Twin-Vee-Powercats-Inc-Issues-Statement?id=318034

“Really now, you never even knew they had $VEEE and $FRZA shares all this time.“

Actually I did and can prove I knew, you can scroll through the 2021 posts here when I tried to reopen the VEEE iHub board. So no, not really now. No dividend today either.

We have a amazing , undervalued TSLA $TSLA electric motor boat company here, making big moves.
Market cap deserves to be north of $1 here and looking forward to the future here.

Top of line results, great manage,ent, superior product.

BUCKLE UP, TVPC $TVPC going to appreciate considerably in my opinion, as based on the assets of its 2 subsidiaries, doesn’t belong this cheap.

Attack .50 , then $ in my opinion as market will adjust to these amazing conditions to properly value this company.

All in my opinion.
Maverick
GLTA

Proof that TVPC owns 4M VEEE + 4M FRZA

4M VEEE:

In TVPC's latest financial report, search for "VEEE"

https://www.otcmarkets.com/otcapi/company/financial-report/343625/content

"Twin Vee PowerCats, Inc. (TVPC) is currently the holder of 4,000,000 shares of common stock in Twin Vee PowerCats Co. (NASDAQ:VEEE)"

TVPC owns 4M shares of VEEE.

------------------------------------------

4M FRZA:

Some people keep saying they own 7M FRZA but that filing is actually for VEEE. Read the Form 3 from VEEE again (Notice its filed for the CO not the INC):

https://www.otcmarkets.com/filing/html?id=16011221&guid=Va1-kqQeYTZLCVh

"These shares are owned directly by Twin Vee PowerCats Co. (VEEE) which is a majority owned subsidiary of Twin Vee PowerCats, Inc (TVPC). Twin Vee PowerCats, Inc. owns 57.1% of the outstanding stock of Twin Vee PowerCats Co. Twin Vee PowerCats, Inc.is an indirect beneficial owner of the reporting securities."

Therefore TVPC owns at most 4M shares of FRZA.

$TVPC: Do whatever you want...........


I don't care

Really now, you never even knew they had $VEEE and $FRZA shares all this time.
I know Tickers that have less and are valued much higher than where $TVPC
is right now. Go on their boards and tell them that they are undervalued or
whatever it is you like to do.
So whatever logic or math works for you in your head, you go with that.
Its your money you're posting on the line....... not mine.

GO $TVPC

Well, this will test the .50 plus range very soon! No dilution!
No ones selling restricted, this is going easy mid silver to dollars in my opinion! TVPC $TVPC

MAVERICK

Doesn’t matter what the revenue is if restricted shareholders sell. You didn’t address that, instead you used a lot of words in all caps.

What is stopping them from selling these shares:

4 MILLION SHARES OF VEEE $VEEE
7 million shares of FRZA $FRZA

Maybe the all caps words? Maybe they should have kept their word in late July and distributed the dividend as promised, instead they did an IPO and tripled the share prices of TVPC and VEEE for a day after which the share price declined. It usually takes 1 year to Vest restricted shares.

LMAO.... come on now.....VEEE , FRZA look at the FORM 3 that TVPC owns . Just on those shares that they own

4 MILLION SHARES OF VEEE $VEEE
7 million shares of FRZA $FRZA

This alone with the shares they own above justifies a $1 per share here in my opinion.

Then $TVPC quarterly out few days ago and it CLEARLY SHOWS MEGA REVENUE of $15 MILLION $15,000,000 for past 6 months.
400% plus increase for the EBITA!!

This is a ticking time bomb, oh yeah NO DILUTION!
Tiny float and making BIG BUCKS, coupled with THE TESLA OF ELECTRIC BOATS with the BEST SELLER OF THOSE BOATS.

My opinion this is SEVERELY UNDERVALUED!
See you north of $1 in my opinion!

Maverick
TVPC
$TVPC

Restricted shares being dumped, check Q-2 exhibit 2 “Shareholders list” pages 20-26:

https://www.otcmarkets.com/otcapi/company/financial-report/343625/content

Millions and millions of restricted shares.

Market Cap Market Cap
23,375,881
08/19/2022
Authorized Shares
180,000,000
08/16/2022
Outstanding Shares
166,851,398
08/16/2022
Restricted
154,330,355 <——- Enjoy buying 154,000,000 restricted shares.
08/16/2022
Unrestricted
12,521,043
08/16/2022
Held at DTC
7,155,251
08/16/2022
Float
4,364,376
06/30/2021
Par Value
0.001



Accumulation distribution indicator decreased in recent run up.

It doesn’t suggest this at all:

“The fact that it is still trading and that TVPC owns 7Milly FRZA shares and 4Milly
VEEE shares suggests that valuation will be distributed accordingly.”

And to say that something will be distributed accordingly you have to refer to some metric to make that statement. The dividend shares will like be paid to restricted shareholders and anyone can check the TVPC financials to see how many restricted shareholders there are. The one year timeline set by the company came and went without a dividend paid, a straight up lie by the company.

Forgot about the restricted shares in your math, as well as the fact that the novelty of VEEE was its electric boats, which is now FRZA’s business.

$TVPC TVPC HOLY smokes. ,, SEVERELY UNDERVALUED..

Market cap is silly cheap with being the parent company of the other 2.....

7.1 million float

No dilution

Revenues exploding

Oh yeah the TESLA of ELECTRIC BOATS.

Deserves To be north of $1 period with their assets.

See you all north of $1..

Lol zzz .20 WHAT A STEAL..
A+ operation here, and SOLID PRESS RELEASES, coupled with the $15 million IPO of their subsidiary..

Really LOVE THE OTC finding UNDERVALUED GEMS like this.
All my opinion.
GLTA
Maverick

TVPC: Ok got it, thanks.

$TVPC: Gotta do the math amigo............

Take the value of VEEE times 4Milly shares, then take value of $FRZA x 7Milly shares..... then divide that total by the total of OS that TVPC has.

That should give you a general ballpark of what that value is.


Its much higher than we are at right now



GO $TVPC

TVCP how much each share worth after all the festerings?

$TVPC: Hold TVPC shares before the dividend is paid............


There is no defined timeline until when you have to holding TVPC shares.

The fact that it is still trading and that TVPC owns 7Milly FRZA shares and 4Milly
VEEE shares suggests that valuation will be distributed accordingly.

If you want specifics on the timeline, reach out directly to TVPC managers.
Ask for CEO, Joseph Charles Visconti
https://www.linkedin.com/in/joseph-visconti


Twin Vee Powercats, Inc.

3101 S US Highway 1
Fort Pierce, FL 34982

Principal Executive Offices:
3101 S US Highway 1

Fort Pierce, FL 34982

www.twinvee.com
772-429-2525

info@twinvee.com

So don’t believe any “dividend payable on 25th August” post folks. It ain’t going to happen.

Also, I’ve checked with Interactive Brokers and there are no Corporate Actions scheduled.

There is no dividend payable on the 25th of August. Several steps would need to be completed BEFORE a dividend could be paid.

FINRA would have to approve the dividend.

FINRA would have to decide the ex dividend date which shareholders would have to be holding shares by.

The company has stated that it’s looking into ways to pay the dividend. That means any dividend is a long long way off!

When do you have to be holding TVPC shares by to qualify for the dividend?

The LOCKUP period has ALREADY EXPIRED ON 07/20/2022

https://www.otcmarkets.com/filing/html?id=15101528&guid=-V1-kqiHU8jSJth

One year from VEEe IPO already passed that date in July, there is no dividend shares, it will probably go to the restricted share holders here who continue to dump their millions of TVPC shares

GO-GO-GO-TVPC!! Thanks, EZ, for edifying me on ALL of those points!

$TVPC: They don't own Jupiter Marine yet...............

I always thought that Malibu Boats (MBUU) would buyout Jupiter Marine ($JMIH)
but that hasn't happened yet.


Mind you, Jupiter Marine is super active on Social Media and they sell alot of boats.
Surprised $JMIH is OTC EXpert Market at only $0.001

With all the shares that TVPC owns of $VEEE & $FRZA....... i think they should
just buyout all of $JMIH and go PARTY !


https://jupitermarine.com/













GO $JMIH

Hello my friend sorry I’ve been incommunicado recently been taking some time out and we’ve had a major heatwave in the UK which finally ends today.

Do you maybe know the answer to my query below possibly? It’s a bit hard to read filings at the moment because I only have a phone - no desktop computer at the moment. Looking to see when the ex dividend date is and any restrictions on trading the dividend shares after they’ve been awarded if you know?

Grateful for any help. Many thanks.

TVPC, VEEE, FRZA??? How many fickin' market Call Letters does this BOATS Company have, for God's sake???? JEEEEEEEZUS CHRISTOOOO!!!

In any event, GO-GO-GO-BOATS-COMPANY --- whatever Call Letters you fly by!!!

Thank you! :)

Question - will the dividend shares be locked up for a certain amount of time or be free trading from the moment that they hit shareholder’s accounts?

Twitter and stock twits are blowing up with this !!!! Per Twitter the stock distribution and or merger is a few weeks behind and will take place 60 to 90 days from now so it's not too late to buy shares,this was on a pod cast with the CEO/investors relations person from veee

WOOHOOOOOO VEEEEEEEEEEEEEE POWERCATS Year Of The Cat

Next year Weee will double up

FRZA is now the stock to care about because it is electric boats, although it was down 50% from its high today and hard to know where the bottom is on IPOs, VEEE is now a gas powered boat company

Veee began in July 2021 so that deadline for share distribution already passed, just because the article referred to was written on August 25th 2021 doesn’t mean something will occur that day; nowhere does it say it is a one for one share distribution between TVPC and VEEE, anyone can see from TVPC’s filings how many restricted shares TVPC has (a lot…many of those shares dumped today) and those are the people who will get some or all of those 4000000 shares of VEEE, the revenue and profit reported today was great but the EPS wasn’t.