Welcome to our dedicated page for Zitto news (Ticker: LRDR), a resource for investors and traders seeking the latest updates and insights on Zitto stock.
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Laredo Resources Corp, led by President Park Doo-ho, aims for 2022 to be the "year of growth leap." Park, who has been with the company since 2018, emphasized ongoing advancements in various sectors, including eco-friendly sterilizer products and green energy solutions. The company is also involved in the drone commercialization market with 16 patents in development. Notably, Laredo plans to reward participants in environmental initiatives with shares to build a small shareholder base. Cautionary statements highlight risks related to market conditions and other factors.
Laredo Resources Corp (OTC PINK:LRDR) CEO Doo-ho Park has transferred 55 million shares of privately held stock to Gyu-chang Jeon, CEO of Scurve Inc., as part of an agreement for a 50% stake acquisition. This collaboration aims to establish a global network to provide OFTGcoin as a service, enhancing user experience in shopping malls. The coin is set to be listed on the BW.COM international exchange and J-bit.com in Korea, facilitating a major event to attract members. The press release includes cautionary notes about market risks and uncertainties.
Laredo Resources Corp (OTC PINK:LRDR) has announced a strategic partnership with patent developer Tae-soon Yeo, co-establishing an SPC Corporation with equal ownership. The CEO, Park Doo-ho, transferred 70 million shares to secure 50% of Yeo's intellectual property rights, focused on a new bike with energy recovery technology. This initiative aims to leverage innovative energy storage solutions, potentially aiding in electricity access and fossil fuel reduction. Additionally, the company commits to donating 10% of profits to charitable causes.
Laredo DaeBoong Mining has signed a business agreement with Eco Healing Innovation to leverage 300 million OFTG coins for collateralization with NASDAQ OTC-registered stocks. This agreement secures a 50% stake in a 5,000-pyeong pension complex in Hongcheon. Both companies aim to develop a 30 billion won exotic resort themed around family activities. Notably, they will implement marketing strategies that incentivize membership through OFTG coin bonuses. The company anticipates benefits if OFTG coins and LRDR stocks appreciate before listing on the BW international exchange.
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