MDWerks Inc (MDWK)

[NewJerichoMan]

Two Trees was always getting 60M shares.

The change isn't the number of shares to be issues. The change is the treatment of preferred versus common shareholders of Two Trees shares.

Previous lock-up period was in thirds. The anniversaries were like 9, 18, and 36 months wherein a third would become unrestricted. Now, no lock-up periods.

We're 125M issued and outstanding now, with 200M authorized. Looks like 60M is getting added on top. Maybe another 7.5M to Mr. Mort as well. Authorized share count may get increased to 300M from 200M. It was reported but has never been done. As of yet.