WANG & LEE'S INNOVATIVE CRYPTO DIVIDEND STRATEGY: PROTECTING SHAREHOLDERS
Wang & Lee Group (NASDAQ: WLGS) has announced plans to distribute a cryptocurrency dividend to shareholders, contingent upon achieving profitability and having retained earnings according to audited financial statements. The innovative dividend strategy, disclosed on March 4, 2025, aims to leverage blockchain technology to protect shareholder interests.
The crypto dividend initiative serves two main purposes:
- Exposing naked short selling activities by forcing short sellers to cover their positions
- Identifying counterfeit shares through blockchain's immutable record-keeping capabilities
The specific details, including the cryptocurrency type, record date, distribution mechanism, and timing, will be announced at a future date. The company is collaborating with blockchain and fintech partners to ensure a compliant distribution process.
Wang & Lee Group (NASDAQ: WLGS) ha annunciato piani per distribuire un dividendo in criptovaluta agli azionisti, a condizione di raggiungere la redditività e avere utili trattenuti secondo i bilanci finanziari certificati. La strategia innovativa del dividendo, rivelata il 4 marzo 2025, mira a sfruttare la tecnologia blockchain per tutelare gli interessi degli azionisti.
L'iniziativa del dividendo in criptovaluta ha due scopi principali:
- Esporre le attività di vendita allo scoperto nuda costringendo i venditori allo scoperto a coprire le loro posizioni
- Identificare azioni contraffatte grazie alle capacità di registrazione immutabile della blockchain
I dettagli specifici, inclusi il tipo di criptovaluta, la data di registrazione, il meccanismo di distribuzione e i tempi, saranno annunciati in una data futura. L'azienda sta collaborando con partner nel settore blockchain e fintech per garantire un processo di distribuzione conforme.
Wang & Lee Group (NASDAQ: WLGS) ha anunciado planes para distribuir un dividendo en criptomonedas a los accionistas, condicionado a alcanzar la rentabilidad y tener ganancias retenidas según los estados financieros auditados. La innovadora estrategia de dividendo, revelada el 4 de marzo de 2025, tiene como objetivo aprovechar la tecnología blockchain para proteger los intereses de los accionistas.
La iniciativa del dividendo en criptomonedas tiene dos propósitos principales:
- Exponer las actividades de venta corta desnuda obligando a los vendedores cortos a cubrir sus posiciones
- Identificar acciones falsas a través de las capacidades de registro inmutable de la blockchain
Los detalles específicos, incluyendo el tipo de criptomoneda, la fecha de registro, el mecanismo de distribución y el momento, se anunciarán en una fecha futura. La empresa está colaborando con socios de blockchain y fintech para asegurar un proceso de distribución conforme.
Wang & Lee Group (NASDAQ: WLGS)는 주주들에게 암호화폐 배당금을 배포할 계획을 발표했습니다. 이는 수익성을 달성하고 감사된 재무제표에 따라 유보 이익이 있을 경우에 한합니다. 2025년 3월 4일에 발표된 혁신적인 배당 전략은 블록체인 기술을 활용하여 주주의 이익을 보호하는 것을 목표로 합니다.
암호화폐 배당금 이니셔티브는 두 가지 주요 목적을 가지고 있습니다:
- 공매도 활동을 노출시켜 공매도자가 자신의 포지션을 커버하도록 강요하는 것
- 블록체인의 불변 기록 유지 기능을 통해 위조 주식을 식별하는 것
구체적인 세부 사항, 즉 암호화폐 종류, 기록일, 배포 메커니즘 및 시기는 향후 발표될 예정입니다. 이 회사는 적법한 배포 프로세스를 보장하기 위해 블록체인 및 핀테크 파트너와 협력하고 있습니다.
Wang & Lee Group (NASDAQ: WLGS) a annoncé des plans pour distribuer un dividende en cryptomonnaie aux actionnaires, sous réserve d'atteindre la rentabilité et d'avoir des bénéfices non distribués selon les états financiers audités. La stratégie de dividende innovante, révélée le 4 mars 2025, vise à tirer parti de la technologie blockchain pour protéger les intérêts des actionnaires.
L'initiative de dividende en cryptomonnaie a deux objectifs principaux :
- Exposer les activités de vente à découvert nues en forçant les vendeurs à découvert à couvrir leurs positions
- Identifier les actions contrefaites grâce aux capacités de tenue de registre immuables de la blockchain
Les détails spécifiques, y compris le type de cryptomonnaie, la date d'enregistrement, le mécanisme de distribution et le timing, seront annoncés ultérieurement. L'entreprise collabore avec des partenaires en blockchain et en fintech pour garantir un processus de distribution conforme.
Wang & Lee Group (NASDAQ: WLGS) hat Pläne angekündigt, eine Kryptowährungsdividende an Aktionäre auszuschütten, die davon abhängt, dass die Rentabilität erreicht wird und ein einbehaltener Gewinn gemäß den geprüften Finanzberichten vorliegt. Die innovative Dividendenstrategie, die am 4. März 2025 bekannt gegeben wurde, zielt darauf ab, die Blockchain-Technologie zu nutzen, um die Interessen der Aktionäre zu schützen.
Die Krypto-Dividendeninitiative verfolgt zwei Hauptziele:
- Die Enthüllung von Nackt-Leerverkäufen, indem Leerverkäufer gezwungen werden, ihre Positionen zu decken
- Die Identifizierung gefälschter Aktien durch die unveränderliche Aufzeichnungskapazität der Blockchain
Die spezifischen Details, einschließlich des Kryptowährungstyps, des Stichtags, des Verteilungsmechanismus und des Zeitplans, werden zu einem späteren Zeitpunkt bekannt gegeben. Das Unternehmen arbeitet mit Blockchain- und Fintech-Partnern zusammen, um einen konformen Verteilungsprozess sicherzustellen.
- Innovative approach to combat market manipulation and protect shareholder value
- Implementation of blockchain technology to prevent counterfeit shares
- Strategy to force naked short sellers to cover their positions
- Dividend distribution contingent on achieving profitability - no current earnings
- Lack of specific details about dividend implementation and timeline
- Execution risk with new cryptocurrency dividend structure
Hong Kong, March 12, 2025 (GLOBE NEWSWIRE) -- As disclosed in a press release dated March 4, 2025, Wang & Lee Group, Inc. (Nasdaq: WLGS), intends to distribute a cryptocurrency dividend to its shareholders upon realizing profits and subject to there being retained earnings according to the Company’s audited financial statements.
The Company’s decision to explore a crypto dividend reflects its commitment to embracing cutting-edge financial technologies and delivering value to its shareholders in innovative ways.
Wang & Lee’s crypto dividend initiative is designed not only to reward shareholders but also to safeguard their interests by addressing potential market abuses such as naked short selling and the circulation of counterfeit shares. By leveraging blockchain technology, the Company aims to:
-Reveal Naked Short Selling Activities: Naked short selling occurs when shares are sold without being borrowed, creating artificial supply and distorting market prices. The distribution of a crypto dividend will expose such activities, as only legitimate shareholders will receive the dividend. Short sellers will be forced to cover their positions, ensuring a fairer and more transparent market.
-Identify Counterfeit Shares: The immutable nature of blockchain technology allows the Company to create a definitive record of all legitimate shares. Any shares not recorded on the blockchain will be identified as counterfeit, protecting shareholders from the dilution of their holdings and ensuring the integrity of the Company’s share structure.
The dividend will be distributed once the Group achieves profitability which is subject to market conditions.
Specific details of the crypto dividend have not been confirmed yet but the Company is exploring the distribution of a cryptocurrency dividend to provide shareholders with a seamless, secure, and forward-looking method of value transfer. The specific cryptocurrency, record date, distribution mechanism, and timing will be announced in a future date. The Company is working with leading blockchain and financial technology partners to ensure a smooth and compliant process.
About WANG & LEE GROUP, Inc.
WANG & LEE GROUP, Inc. is a Hong Kong-based construction prime and subcontractor engaging in the installation of Electrical & Mechanical Systems, which includes low voltage (220v/phase 1 or 380v/phase 3) electrical system, mechanical ventilation and air-conditioning system, fire service system, water supply and sewage disposal system installation and fitting out for the public and private sectors. It is also able to provide design and contracting services to all trades in the construction industry. Their clients range from small startups to large companies.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company's ability to achieve profitable operations, customer acceptance of new products, and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company's products and the Company's customers' economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.
For more information on the Company, please log on to https://www.wangnleegroup.com/
Email: ir@wangleegroup.com
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