Management ChangeJul 10, 2026, 04:02 PM
MDWerks Appoints Jeff Hopmayer to Board, Expands Board to 6
AI Summary
MDWerks, Inc. expanded its Board of Directors from five to six members and appointed Jeffrey Scott Hopmayer as an independent director, effective July 9, 2026. Mr. Hopmayer's compensation includes $5,000 per quarter, an initial grant of 500,000 common shares, and quarterly stock bonuses. His appointment coincides with MDWerks' transition to commercial execution, leveraging its molecular targeting technology platform across industrial markets, including beverage alcohol and the newly expanded wood products industry with its Molecular Sawdust Drying System. The company highlights its $400 million appraised intellectual property and a potential $1.8 trillion addressable market.
Key Highlights
- Board of Directors expanded from five to six members.
- Jeffrey Scott Hopmayer appointed as an independent director.
- Mr. Hopmayer's compensation includes $5,000 per calendar quarter.
- Mr. Hopmayer received an initial grant of 500,000 shares of common stock.
- Quarterly bonus for Mr. Hopmayer includes shares equal to $30,000 divided by VWAP.
- Company's intellectual property portfolio is valued at approximately $400 million.
- Technology platform expanded into wood products with Molecular Sawdust Drying System.
- Estimated addressable market for the technology platform is over $1.8 trillion globally.
Price Impact
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