Powerdyne Registers 250M Shares for Quick Capital Toxic Convertible Note
PWDY is trading near its 52-week low of $0.001 (9.1% above the low) on elevated volume (11× avg).
Summary
Powerdyne filed an S-1 to register 250 million shares for Quick Capital under a 35%-discount convertible note — roughly 12.5% of its 1.997 billion shares outstanding — with no new cash to the company.
Key Events · Financing and Capital Events · PWDY
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250M Shares Registered for Quick Capital
S-1 covers resale of up to 250,000,000 shares issuable under the April 22, 2026 $71,022.72 convertible note; the company receives no proceeds from the resales.
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Deep-Discount Conversion Terms
Note converts at the lower of $0.004 or 65% of the lowest 10-day trading price ($0.001 on default), with a 5-year warrant for 3,551,136 shares at $0.01 carrying a full-ratchet reset.
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Dilution Scale
250M registered shares equal about 12.5% of the 1,997,483,341 shares outstanding as of September 30, 2026; the $79,545.44 total amortization at today's $0.0012 price would require far more shares than the note's face implies.
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Distressed Balance Sheet Backdrop
Accumulated deficit of $5,766,914 and a going-concern warning; the prior 1800 Diablo note defaulted in March 2026 and converted into 87,552,757 shares at a $159,637 total extinguishment.
Analysis · PWDY · Technology
Powerdyne is registering 250 million shares for resale by Quick Capital, the holder of a $71,022.72 convertible note issued April 22, 2026. The note converts at 65% of the lowest trading price over the prior ten days (or $0.004 fixed, $0.001 on default), so the share count needed to satisfy it balloons as the stock falls — at today's $0.0012 the 65% formula implies roughly $0.00078 per share, meaning the full $79.5M... rather, the full $79,545.44 amortization could require on the order of 100 million shares. Against 1.997 billion shares outstanding, 250 million registered shares is about 12.5% of the current count, and the company receives no proceeds from resales — the $58,500 was already funded. This sits on top of a going-concern warning, a $5.77 million accumulated deficit, a missed March 2026 installment that triggered a 150% default amount and 87.6 million shares issued to 1800 Diablo, and a separate $10 million GHS equity line. The dilution is the story: each new registration adds another tranche of stock the lender can sell into a thin OTC market.
How filings like this one have moved
In the 30 days to Oct 20, 2026, 37.4% of the 952 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.87%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PWDY was trading at $0.00 on OTC in the Technology sector, with a market capitalization of approximately $2.4M. The 52-week trading range was $0.00 to $0.01. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.