London, United Kingdom - March 20, 2024 - Wealth Dragons Group PLC (“Wealth Dragons” or “the Company”) (VIE: WDG) (ISIN: GB00BGMGZR93) issues an update regarding the ongoing efforts to address outstanding matters with former director John Lee.
Wealth Dragons Group PLC is actively engaged in resolving all remaining issues with John Lee, with a view to recovering the monies which it believes it is owed. This may involve litigation in due course.
While the management and Directors are committed to achieving a swift resolution and remain optimistic about a positive outcome, it is acknowledged that the complexity of the situation and the potential for litigation may prolong the process beyond the desired timeframe.
Updates on these issues will be provided in due course. We extend our gratitude to our shareholders, stakeholders, and partners for their patience and understanding as we navigate through this process towards resolution.
Vincent Wong, CEO of Wealth Dragons Group PLC, remarked, “While disputes with former directors can be both distracting and time-consuming, Wealth Dragons remains steadfast in its mission to advance learning opportunities through our events, expert insights, and the forthcoming testing and launch phases of our Consultz platform. We are dedicated to bringing the matters with John Lee to a timely conclusion, allowing us to focus wholeheartedly on shaping the future of our company.”
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
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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.
