Core Viewpoint - Powerdyne International, Inc. is focused on growth through up-listing to OTCQB and expanding via internal growth, acquisitions, or mergers [2][8] Company Objectives - The company aims to up-list PDI to OTCQB and expand through various growth strategies [2] - Powerdyne is committed to maintaining conservative growth while managing costs effectively [8] Industry Insights - The AI chip market is projected to exceed $90 billion by the end of 2025 and grow beyond $100 billion in 2026 and subsequent years, indicating a significant opportunity for companies involved in semiconductor manufacturing [3] Business Development - Powerdyne has engaged with a prominent international corporation for custom motor design, awaiting feedback on preliminary designs [4] - A highly experienced outside sales representative has been hired to expand the customer base and explore new opportunities in various motor industries [5] Acquisition Strategy - Discussions for a potential acquisition resumed, but a previous Letter of Intent was rescinded due to financial discrepancies [7] - A new non-disclosure agreement has been signed with another motor company, with due diligence planned to ensure financial viability [7] Financial Management - The company plans to add critical staff to support growth while eliminating redundant positions to enhance profitability [6] - Pre-approved funding is available for exploring additional acquisitions [7] Company Structure - Powerdyne consists of two wholly owned subsidiaries: CM Technology LLC, specializing in industrial servomotors, and Frame One LLC, a custom picture framing shop [11][12]
Powerdyne International Inc. Announces A letter to the Shareholders update
Globenewswire·2025-05-14 12:00