London, United Kingdom - November 8th, 2024 - Wealth Dragons Group PLC (“Wealth Dragons” or “the Company”) issues an update on the progress of Wealth Dragons Group PLC and the Consultz platform
Andrew Beaumont retires
Former non-executive chairman of Wealth Dragons Andrew Beaumont has retired from his position. Andrew has been a guiding force in the company assisting in taking the company public, a significant achievement and milestone in the company's history, we thank Andrew for his service and wish him a wonderful retirement.
Klaus Schwerdtfeger appointed as Non-Executive Director
Klaus Schwerdtfeger joins Wealth Dragons at a pivotal time, he brings with him a wealth of experience as the veteran CEO of Keswick Global AG, and positions on the board of several other high-profile companies. Klaus has previously assisted the company with a number of finance initiatives and will be a driving force in the ongoing restructuring and future listing on an exchange to be announced soon. This restructuring will help position Wealth Dragons for better access to finance and fundraising opportunities, Klaus’s extensive experience will help us to achieve our future goals.
John Lee case update
The ongoing litigation against John Lee continues, we are represented by DLA Piper, one of the world’s leading law firms, who are making significant progress in the case. However, the process is ongoing and complex as the nature of the case requires lengthy and detailed investigation to fully understand the implications and responsibilities. We will update stakeholders as soon as a resolution is reached, or once there are any significant updates.
Consultz - User testing and Q2 Launch
Considerable progress has been made on the Consultz platform, with a full revamp of the UI/UX, user testing and reviews have been completed, with a very warm response from our test group. We will soon begin the final phase of development, with Build Circle who have been responsible for the successful launch of many large-scale apps including Just Eat.
“Our partners at it’snotrocketscience, Advance Scout and Build Circle, are a dream team when it comes to app development, each with their own unique and complementary skillsets, their involvement has significantly enhanced the APP already, now as we move towards finalising the development and some exciting new features aimed at enhancing the virality of the app and positioning it for success” - Vincent Wong
About Wealth Dragons Group PLC
Founded in 2009 Wealth Dragons, spent ten years building their business with live events globally. In 2019 the company was listed on the Wiener Borse exchange in Vienna. The company has already invested £4 Million in the development and promotion of its digital platforms, expanding access and opportunity to self-education resources for everyone.
For media inquiries and more information please contact:
Vincent Wong
+44 (0)1908 032 432
For further investment information please contact: investors@wealthdragons.com
Risk Warning Disclaimer
The value of the securities and the income derived from them can fall as well as rise. Investors may not get back their initial investment. Past performance is not a reliable indicator of future performance and the amount realised may be less than the original investment made. Any estimates of future performance are based on assumptions that may not be realised. Any securities denominated in foreign currencies may see their value fall as a result of exchange rate movements. Market conditions may impact the liquidity and volatility of the securities and accordingly an investor may find it difficult to realise an investment.
