BNKK Bonk Inc.

$BNKK Updates on Sep 11, 2026 Bonk redeemed and retired 26,667 Series A preferred shares from Core4 Capital for USD 4 million under a September 4, 2026 agreement, reducing senior preferred overhang by over 26% and securing a waiver of all anti-dilution protections.

$BNKK A recent detail from SEC Form 13F filings that caught my eye is that LPL Financial LLC disclosed a brand-new position of 117,020 shares, making them the largest institutional shareholder in $BNKK today. In my humble opinion, this is a noteworthy development given that LPL is one of the largest independent wealth management platforms in the country, supporting thousands of financial advisors managing client retirement assets. Unlike short-term momentum funds that trade in and out of micro-caps for quick flips, wealth advisory platforms generally hold shares in client portfolios, IRAs, and trusts for the longer haul. Independent advisors usually have to clear internal compliance and risk screens before allocating capital, so seeing an institution of that size establish a position feels like a positive vote of confidence in the restructured balance sheet.

$BNKK I think the team is working hard. Q3, Q4, and the quarters that follow will tell us whether all that work is translating into higher recurring revenue, stronger cash generation, and a healthier balance sheet. If it does, that’s when the market has a reason to re-rate BNKK. I am thinking mid to late 2027.

$BNKK Another interesting finding from recent SEC Form 13F filings is the appearance of SBI Securities Co., Ltd. establishing a position in $BNKK. For those unfamiliar with the Asian financial landscape, SBI Holdings is the number one online securities broker in Japan, managing over $450 billion in assets across 16 million client accounts, functioning essentially as the Charles Schwab of Asia. What makes their appearance on the cap table particularly notable is SBI's aggressive institutional expansion into Web3. Just last month, SBI officially partnered with the Solana Foundation to form "SBI Solana Global," a dedicated joint venture designed to bring Japanese tokenized Real-World Assets (RWA) and stablecoins directly onto Solana. This feels like to me a strong cross-border institutional validation. It shows that interest in the restructured balance sheet isn't just limited to Wall Street, but is reaching major Asian financial hubs as well.

$BNKK We are here to stay; given my situation, I no longer worry about the years, though I would like to see results.

$BNKK ✅ Looking at the monthly chart, does the idea of ​​reaching the 33.00 level seem crazy to you? 🤦

$BNKK Here’s my message sent this morning. Again name is redacted. 1-2 Good morning, Have you ever read Who Moved My Cheese? by Spencer Johnson? I was thinking about that book this morning and honestly, I think there’s a lesson in it for BNKK right now. The basic message is that when something isn’t working anymore, you can’t keep doing the same thing and expect a different result. At some point you have to recognize that the cheese has moved and go find it. I keep thinking about that with the stock. We’ve been talking about the same issues for months. The capital structure, the authorized shares, the shelf, dilution, shareholder confidence, communication. And I know you’re working on things, but from the shareholder side, we’re still looking at the same result. Maybe this is the time to try something different.

$BNKK Below is a message I sent today, I redacted the name~ 1-2 Good morning, I want you to know this comes from a place of severe frustration, not any intent to offend you personally. I really do appreciate that you’ve engaged with me and listened to what I’ve had to say. That said, the way I see it right now, it feels like this is being treated like a paycheck. There’s no substantive activity that shareholders can see, very little communication, and the trading action has become extremely frustrating. The people shorting this have very little reason to fear the upside when they see the same things shareholders see. The capital structure, the silence, and the lack of follow-through. We’ve had opportunities to run, and it feels like every one of them has been blown.

$BNKK We are above resistance! Just one more pivot point at 1.73 and then we are good to go!

$BNKK ✅ It sets a bad tone when things start getting nonsensical; it gives me the impression that they’re staying true to form—and that is not reassuring at all.

$BNKK Wow... 5.6 million volume and this is all we are at! Something is wrong with this picture!

$BNKK Also you should know that when an LPL advisor or a retail client decides to buy shares of BNKK for an individual account, LPL Financial executes and holds those shares as the custodian.

$BNKK LPL has $2.5 trillion under management. They spent $125,000 on this as an investment? Maybe they were balancing a Russell fund.

$BNKK looks like something up with the bonk token. might be why the volume a gain yesterday. I expect 3 today.