leadership
confidence high
sentiment neutral
materiality 0.20
MDWerks appoints Richard Blackstone as independent director; board expands to five
MDWerks, Inc.
- Board expanded from four to five directors; Blackstone effective Dec 3, 2024.
- Compensation: $5,000 quarterly cash retainer and 100,000 shares of common stock.
- Blackstone brings ~40 years of music industry experience; currently CEO of Blackstone Entertainment.
- Independent Director Agreement term of three years; includes confidentiality and arbitration in NC.
- Press release issued Dec 6, 2024 via Item 7.01 FD disclosure.