Filed
pursuant to Rule 424(b)(3)
Registration
Statement File No. 333-132296
PROSPECTUS
SUPPLEMENT NO. 4
TO
PROSPECTUS
DATED APRIL 25, 2008
MDWERKS,
INC.
This
prospectus supplement should be read in conjunction with our prospectus
dated
April
25, 2008
and in
particular “Risk Factors” beginning on page 5 of the prospectus.
This
prospectus supplement includes the attached Current Report on Form 8-K of
MDwerks, Inc.,
filed
with the Securities and Exchange Commission on July 8, 2008.
The
date of this prospectus supplement is July 8, 2008
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT PURSUANT
TO
SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of
Report (Date of earliest event reported): July 1, 2008
MDWERKS,
INC.
(Exact
name of registrant as specified in its charter)
Delaware
(State
or
Other Jurisdiction of Incorporation)
333-118155
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33-1095411
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(Commission
File Number)
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(IRS
Employer Identification
Number)
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Windolph
Center, Suite I
1020
N.W.
6th
Street
Deerfield
Beach, FL 33442
(Address
of Principal Executive Offices)
(954)
389-8300
(Registrant’s
Telephone Number, Including Area Code)
(Former
Name or Former Address, if Changed Since Last Report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14-12)
o Pre-commencement
communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications
pursuant to Rule 13-e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
8.01 Other
Events.
On
July
1, 2008, MDwerks, Inc. signed a non-binding letter of intent to enter into
a
joint venture with Automated HealthCare Solutions, Inc. to form a newly
established company that will facilitate the financing, billing, and collection
of pharmaceutical prescriptions for personal injuries across the
country.
For
additional information, reference is made to the July 8, 2008 press release
attached hereto as Exhibit 99.1.
Item
9.01 Financial
Statements and Exhibits.
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(d) |
Exhibits |
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The
following exhibits are filed as part of this report: |
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Exhibit
No. |
Description |
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99.1 |
Press
release dated July 8, 2008 |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
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MDWERKS,
INC. |
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Date: July
8,
2008 |
By: |
/s/
Howard B. Katz |
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Howard
B. Katz |
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Chief
Executive Officer |
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Exhibit
No. |
Description |
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99.1 |
Press
release dated July 8, 2008 |
Exhibit
99.1
CHANGING
THE WAY YOU GET PAID…not the way you practice
FOR
IMMEDIATE RELEASE
MDWERKS
SIGNS A LETTER OF INTENT TO ENTER JOINT VENTURE WITH AUTOMATED HEALTHCARE
SOLUTIONS
TOGETHER
WILL FORM NEW PHARMACEUTICAL CLAIMS COMPANY
DEERFIELD
BEACH, Fla. - July 8, 2008 -- MDwerks, Inc. (OTCBB: MDWK),
a
provider of innovative web-based, electronic claims management and funding
solutions for healthcare professionals, announced today that it has signed
a
letter of intent (“LOI”) to enter into a joint venture with Automated HealthCare
Solutions, Inc. (“AHCS”), a company that specializes in purchasing workers
compensation pharmaceutical claims. The
LOI contemplates that MDwerks
and AHCS will form a newly established company (“New Company”) that will
facilitate the financing, billing, and collection of pharmaceutical
prescriptions for personal injuries (“PI Pharma Claims”) across the
country.
Under
Subject
to the
terms
of the
agreementdefinitive
agreements to be negotiated by and between MDwerks and AHCS,
MDwerks
and AHCS will contribute their respective technology and claim management
expertise to develop a national PI Pharma Claims Program. Both companies
currently process PI Pharma Claims and will jointly seek to grow a customer
base
of large medical practices for the New Company.
It
is also contemplated that MDwerks’
subsidiary, Xeni Financial Services, Corp., will provide necessary funding
for
the New Company’s PI Pharma Claims Program. The funding will supply the New
Company with working capital for the purchase of PI Pharma Claims. Profits
from
the joint venture will be equally shared by both companies. MDwerks
and AHCS expect to close on the arrangement by August 15, 2008.
Howard
Katz, CEO, MDwerks, Inc., stated “We are very excited about the recently signed
agreement with AHCS. As MDwerks grows, we continue to develop lasting industry
relationships that introduce the Company to new markets. Together with AHCS,
our
PI Pharma management solutions will produce high level, clean claims, which
translate to fast processing and claim collections. In addition to offering
superior claims management solutions through the New Company, we will continue
to provide viable funding solutions that address the unique capital needs
of our
healthcare clients.”
About
MDwerks, Inc.
MDwerks,
Inc., (OTCBB: MDWK), based in Deerfield Beach, Florida, provides healthcare
professionals with automated electronic insurance claims management solutions
and advance funding and purchasing of medical claims.
MDwerksTM
solutions comprise an innovative web-based, HIPAA-compliant system of
comprehensive administrative and financial services designed for healthcare
practices of all sizes and specialties whether in a single or multi-location
operation. Financial lenders, healthcare payers and other related businesses
also benefit from MDwerks' solutions. For more information about the Company,
please visit www.mdwerks.com.
MDwerks,
Inc.
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Page
2
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July
8, 2008
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About
Automated HealthCare Solutions
Automated
HealthCare Solutions, Inc., based in Miramar, Florida is a company that
specializes in the nationwide purchasing of workers compensation pharmaceutical
claims.
AHCS
was
founded by physicians to empower physicians with the ability to maximize profits
through ancillary revenues and to create the highest level of operational
efficiencies through utilization of state-of-the-art technology. For more
information about AHCS, please visit www.ahcs.com.
Certain
statements in this news release may contain forward-looking information within
the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under
the
Securities Exchange Act of 1934, and are subject to the safe harbor created
by
those rules. All statements, other than statements of fact, included in this
release, including, without limitation, statements regarding potential future
plans and objectives of the companies, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Factors that could cause
actual results to differ materially from those in the forward-looking statements
include, among other things, the following: general economic and business
conditions; competition; unexpected changes in technologies and technological
advances; ability to commercialize and manufacture products; results of
experimental studies; research and development activities; changes in, or
failure to comply with, governmental regulations; and the ability to obtain
adequate financing in the future. This information is qualified in its entirety
by cautionary statements and risk factors disclosure contained in certain of
MDwerks' Securities and Exchange Commission filings available at
http://www.sec.gov.
CONTACT:
MDwerks,
Inc., Deerfield Beach, Florida
Vincent
Colangelo
Chief
Financial Officer
954-389-8300
management@mdwerks.com
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-or-
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INVESTOR
RELATIONS COUNSEL:
The
Equity Group Inc., New York, NY
Ethan
Guttenplan
(212)
836-9605
eguttenplan@equityny.com
www.theequitygroup.com
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The
Equity Group Inc.
Adam
Prior
(212)
836-9606
aprior@equityny.com
www.theequitygroup.com
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