Core Insights - Wang & Lee Group, Inc. plans to distribute a cryptocurrency dividend to shareholders upon achieving profitability and having retained earnings as per audited financial statements [1][3] - The initiative reflects the company's commitment to innovative financial technologies and aims to enhance shareholder value while addressing market abuses like naked short selling and counterfeit shares [2][3] Group 1: Cryptocurrency Dividend Initiative - The crypto dividend is designed to reward shareholders and protect their interests by revealing naked short selling activities, as only legitimate shareholders will receive the dividend [2] - The use of blockchain technology will help identify counterfeit shares, ensuring the integrity of the company's share structure and protecting shareholders from dilution [3] Group 2: Future Details and Partnerships - Specific details regarding the cryptocurrency, record date, distribution mechanism, and timing of the dividend will be announced later [4] - The company is collaborating with leading blockchain and financial technology partners to ensure a smooth and compliant process for the dividend distribution [4] Group 3: Company Overview - Wang & Lee Group, Inc. is a Hong Kong-based construction prime and subcontractor specializing in the installation of Electrical & Mechanical Systems for both public and private sectors [5] - The company provides design and contracting services across various trades in the construction industry, catering to clients ranging from small startups to large corporations [5]
WANG & LEE'S INNOVATIVE CRYPTO DIVIDEND STRATEGY: PROTECTING SHAREHOLDERS