[SCHEDULE 13D] POWERDYNE INTERNATIONAL, INC. SEC Filing
Rhea-AI Filing Summary
Powerdyne International, Inc. (PWDY) received a Schedule 13D filing from investor Linda H. Madison. She reports beneficial ownership of 121,558,610 shares of common stock, representing 6.4% of the company’s common shares with sole voting and dispositive power. Her position is tied to 2,180,000 shares of Series D Preferred Stock, which are restricted securities and will be converted into common shares, received for contract rights, services rendered, forgiveness of debt, and inheritance. Madison states she has not been subject to criminal convictions or securities law judgments in the past five years and reports no special contracts or arrangements related to these securities.
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Insights
Linda Madison’s 6.4% stake concentrates voting power and may influence governance.
Linda H. Madison reports beneficial ownership of 121,558,610 Powerdyne common shares, equal to
The filing explains that this position is linked to 2,180,000 shares of Series D Preferred Stock, classified as restricted securities under Rule 144 and acquired without cash consideration in connection with contracts, services, debt forgiveness, and inheritance. Because she alone controls voting and disposition over these shares, minority investors face a governance structure where one holder’s preferences can weigh heavily on key corporate actions.
The Schedule 13D signals a concentrated ownership profile and formalizes Madison’s role as a major holder. Future company disclosures about how these preferred shares convert into common equity and how voting power is used at shareholder meetings will shape the longer-term governance dynamic.
FAQ
Who filed the Schedule 13D related to Powerdyne International (PWDY)?
The Schedule 13D was filed by Linda H. Madison, a U.S. citizen and paralegal at Del Sesto & Read, Inc., who reports significant beneficial ownership of Powerdyne International’s common stock.
How many Powerdyne International (PWDY) shares does Linda Madison beneficially own?
Linda Madison reports beneficial ownership of 121,558,610 shares of Powerdyne International common stock, with sole voting and dispositive power over all of these shares.
What percentage of Powerdyne International’s common stock does Linda Madison own?
According to the Schedule 13D, Linda Madison’s 121,558,610 common shares represent 6.4% of Powerdyne International’s outstanding common stock.
How did Linda Madison acquire her stake in Powerdyne International (PWDY)?
The filing states that Madison acquired her interest from a contract, for services rendered, through forgiveness of debt, and via inheritance, rather than through a cash purchase in the market.
What role do Series D Preferred Shares play in Linda Madison’s Powerdyne stake?
Madison is deemed to hold 121,558,610 common shares through ownership of 2,180,000 shares of Powerdyne’s Series D Preferred Stock, which are restricted securities that will be converted into common shares and are currently held in certificated form.
Does the Schedule 13D mention any legal proceedings involving Linda Madison?
The filing states that, during the past five years, Linda Madison has not been convicted in a criminal proceeding and has not been subject to a judgment or final order related to violations of federal or state securities laws.
Are there any special contracts or arrangements tied to Linda Madison’s Powerdyne shares?
Under Item 6, the Schedule 13D reports no contracts, arrangements, understandings, or relationships with respect to Powerdyne International securities beyond what is described for how the shares were acquired.