secwatch.observer — SEC 8-K summary
======================================

Issuer:     MDWerks, Inc. (MDWK)
CIK:        0001295514
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001493152-22-020433
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295514/000149315222020433/0001493152-22-020433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295514/000149315222020433/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-020433

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer