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MDWerks Inc. (MDWK) is a cutting-edge technology company specializing in software development, cloud computing, and cybersecurity solutions. With a focus on innovation and customer satisfaction, MDWerks has established itself as a leader in the industry, providing customized solutions for businesses of all sizes. The company's recent achievements include the successful launch of a new product line, strategic partnerships with industry giants, and impressive financial growth.
MDWerks (OTCQB: MDWK) has announced two significant contracts for its Spirits Rapid Aging System (SRAS) technology. The first agreement, with one of the largest U.S. distilleries, involves deploying one SRAS unit within 3 months. The second contract, with a leading U.S. wholesaler and bulk spirits broker, includes deploying one unit within 6-9 months.
Both contracts, executed through Two Trees Beverage Company subsidiary, include potential for additional SRAS deployments within 12 months. RFS Specialties will handle assembly, servicing, and maintenance. The agreements operate under a 'Whiskey-as-a-Service' model, generating recurring monthly license payments for MDWerks.
The SRAS technology uses patented molecular energy wave technology to accelerate spirit maturation, promising faster aging while maintaining traditional flavors and reducing environmental impact.
MDWerks (OTCQB: MDWK) has announced that shareholders holding restricted securities for at least six months as of February 14, 2025, can now request the removal of restrictive legends from their shares. This change will allow these shares to become freely tradable on the open market.
Shareholders interested in removing these restrictions can contact the company's transfer agent, EQ, through their provided contact information or online form.
MDWerks (OTCQB: MDWK) released its year-end shareholder letter, highlighting its transformation from a shell company into an innovative growth enterprise with two core businesses. The company acquired Two Trees Beverage Company, a craft spirits distiller, and RF Specialties (RFS), which provides energy wave solutions for various industries.
Key developments include Two Trees signing a 15-year license agreement with Tim Smith, entering the flavored whiskey category, and RFS securing a significant contract with USNR. The company enhanced its Board with appointments of Tim Brocopp and Richard Blackstone as independent directors. MDWerks streamlined its capital structure by purchasing all Series A Convertible Preferred Stock and uplisted to OTCQB Venture Market.
The company's intellectual property is independently appraised at approximately $400 million, with future growth strategies focusing on organic expansion and potential accretive acquisitions.
MDWerks (OTCQB: MDWK) announced that its subsidiary RF Specialties (RFS) has secured a new contract from USNR, the world's largest wood processing equipment supplier. Under the agreement, RFS will provide global maintenance services and 24-hour emergency support for USNR's tube-based Mann-Russell radio frequency equipment customers worldwide. The contract positions RFS as the exclusive service provider for USNR's Mann-Russell radio frequency equipment across their global installed base of wood manufacturing companies.
MDWerks (OTCQB: MDWK) has expanded its Board of Directors to five members with the appointment of Richard Blackstone as a new independent director, effective December 3, 2024. Blackstone brings nearly four decades of experience in the music industry and has been involved in technology and entertainment startups over the past decade.
Blackstone currently serves as CEO of Blackstone Entertainment, which he founded in 2008. His previous roles include CEO of Avex Inc. (2016-2019), Chief Creative Officer of BMG, Chairman and CEO of Warner Chappell Music, and President of ZOMBA Group. The company expects to leverage his expertise in developing talent, building relationships, and growing businesses to advance their energy wave technology platform and expand their subsidiaries, Two Trees Beverage Company and RF Specialties.
MDWerks (OTCQB: MDWK) announced that its key intellectual property assets, including patents, trademarks, and trade names, have been valued at approximately $400 million by an independent financial advisory firm as of May 31, 2024. The valuation covers three foundational patents related to microwave radio energy technology, the Two Trees® brand name, and multiple trademarks.
The company's technology enables precise molecular targeting through microwave radio energy, with applications in two main subsidiaries: Two Trees Beverage Company, which uses the technology for accelerated spirit aging, and RF Specialties, which provides sustainable manufacturing solutions for engineered wood and adhesives industries.
The company identifies additional potential applications including desalination, wastewater treatment, efficient heating, pyrolysis, incineration, petroleum refining, food and beverage, and pharmaceuticals.
MDWerks (OTCQB: MDWK) has expanded its Board of Directors to four members with the appointment of Tim Brocopp as a new independent director, effective November 18, 2024. Brocopp brings nearly three decades of leadership experience in the beverage distribution industry. He previously served as President and CEO of Intermountain Distributing Company and started his career at Hensley Beverage Company. The appointment aims to support the expansion of MDWerks' Two Trees Beverage Company and RF Specialties subsidiaries.
MDWerks (OTC: MDWK) announced its uplisting from the OTC Pink Open Market to the OTCQB Venture Market, effective November 21, 2024. The company will continue trading under the ticker symbol 'MDWK'. The OTCQB Venture Market, operated by OTC Markets Group Inc., serves entrepreneurial and development stage companies, requiring current reporting status and annual verification processes. This move aims to enhance market visibility, improve transparency, increase share liquidity, and expand the potential investor base.
MDWerks' subsidiary Two Trees Beverage Company has launched Climax Honey Raspberry Flavored Whiskey™, the first flavored whiskey in Tim Smith's portfolio. Tim Smith, star of Discovery Channel's Moonshiners, developed this new creation using his family's century-old moonshine recipe with a modern twist of honey and raspberry flavors. The whiskey is produced using Two Trees' Sustainably Matured™ method.
Steven Laker, CEO of MDWerks, expressed pride in the new product and anticipates expanding into the rapidly growing flavored whiskey category. Tim Smith emphasized the use of all-natural ingredients and the unique tasting experience. The new whiskey will be featured in Season 14 of Moonshiners and will be available for purchase online and in liquor stores across the United States in Fall 2024.
MDWerks' subsidiary Two Trees Beverage Company has partnered with Green Glass Global, a leading independent wine and spirits broker, to enhance its sales initiatives. This collaboration aims to place Two Trees® and Tim Smith Spirits® branded products in front of key purchasing decision-makers nationwide, including major on- and off-premise chains, independent direct buyers, and distributors.
The partnership leverages Green Glass Global's experienced team and industry relationships to expand Two Trees' sales footprint and drive growth. Green Glass Global's connections with large blue-chip chain retailers in the US are expected to provide new exposure for Two Trees' products. The collaboration is anticipated to benefit both companies, with Two Trees' focus on sustainability and award-winning whiskeys aligning well with Green Glass Global's purchase audiences.