MDWerks control change: Tradition Reserve buys preferred stock for $520K, new CEO Laker appointed

MDWerks, Inc.

Tradition Reserve I LLC acquired 10M shares of Series A Convertible Preferred from Ronin Equity Partners for $520,000 cash.
Buyer now holds ~98.23% voting control; Kerry Cassidy is the controlling person.
Company forgave ~$239,444 in debt owed to APP, including the Asia Note and cash advances.
Michael Gelmon resigned; Board expanded to three; Steven C. Laker CEO/director, Michael Nordlicht COO/Secretary.
Company remains a shell company with no change in operations.

item 1.01 item 5.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Michael Gelmon

Sole Officer and Director

MDWK · MDWerks, Inc.

Filed: July 27, 2022, 7:59 PM ET

On the Closing Date, Michael Gelmon, the Company’s sole officer and director as of the Closing Date, resigned from any and all positions with the Company.

Appointed

Michael Nordlicht

Chief Operating Officer and Secretary

MDWK · MDWerks, Inc.

Filed: July 27, 2022, 7:59 PM ET

Mr. Michael Nordlicht was named as the Chief Operating Officer

Appointed

Steven C. Laker

Chief Executive Officer and Director

MDWK · MDWerks, Inc.

Filed: July 27, 2022, 7:59 PM ET

Mr. Steven C. Laker was named as the Chief Executive Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Michael Gelmon resigned as Sole Officer and Director at MDWerks, Inc..

Action: resigned
Role: Sole Officer and Director

Exact text from the filing

On the Closing Date, Michael Gelmon, the Company’s sole officer and director as of the Closing Date, resigned from any and all positions with the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Michael Nordlicht was appointed as Chief Operating Officer and Secretary at MDWerks, Inc..

Action: appointed
Role: Chief Operating Officer and Secretary

Exact text from the filing

Mr. Michael Nordlicht was named as the Chief Operating Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Steven C. Laker was appointed as Chief Executive Officer and Director at MDWerks, Inc..

Action: appointed
Role: Chief Executive Officer and Director

Exact text from the filing

Mr. Steven C. Laker was named as the Chief Executive Officer

View on SEC.gov

MDWerks, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-020433

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