Powerdyne International holder reports 7.2% stake in common stock
Powerdyne International, Inc. disclosed that Eric Foster filed a Schedule 13D reporting beneficial ownership of 135,000,000 shares of the company’s common stock.
Rhea-AI Filing Summary
Powerdyne International, Inc. disclosed that Eric Foster filed a Schedule 13D reporting beneficial ownership of 135,000,000 shares of the company’s common stock. This position represents 7.2% of the outstanding common shares, giving him sole voting and dispositive power over these shares.
The filing states that Foster acquired the shares through a contract, services rendered, and forgiveness of debt, and that he currently holds them for investment purposes with no additional plans or proposals regarding control or corporate actions. The reporting person is a U.S. citizen involved in sales and administration at Powerdyne and, according to the disclosure, has not been subject to criminal convictions or adverse securities law judgments over the past five years.
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FAQ
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What ownership stake does Eric Foster report in POWERDYNE INTERNATIONAL, INC. (PWDY)?
What is Eric Foster’s stated purpose for holding PWDY stock?
Has Eric Foster disclosed any legal or regulatory issues in connection with this PWDY filing?
What is Eric Foster’s relationship and role with POWERDYNE INTERNATIONAL, INC. (PWDY)?
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