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Futureworld Energy, (NASDAQ:FWDG) CEO Futureworld Energy, Inc.. bought 350,000 shares of the company’s stock in a transaction dated Wednesday, May 21st. The stock was purchased at an average cost of $0.02 per share, for a total transaction of $7,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 146,704,323 shares of the company’s stock, valued at approximately $2,934,086. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Futureworld Energy, (NASDAQ:FWDG) traded up 6.38% during mid-day trading on Tuesday, hitting $0.02. 143,201 shares of the company’s stock traded hands. The stock’s 50-day moving average is $0. and its 200-day moving average is $0.. The company’s market cap is $8.3 million.

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