Worlds Inc (EM) (WDDD)

A new 8-K just dropped for $WDDD (now GEMAXEL), and this is the first real corporate movement we’ve seen in years.

The filing confirms three key points:

1. Thom Kidrin’s passing is now officially acknowledged by the SEC.
2. His Board seat has been filled by Matthew Toboroff, son of the current Interim CEO, Leonard Toboroff.
3. The Toboroff family is now fully consolidating corporate control, closing the power vacuum that existed since Thom’s death.

Why this matters:

- The recent name change to GEMAXEL, the relocation to Miami, and now this 8-K are not random or cosmetic.
- These are classic steps in a real corporate reorganization, the kind companies take before moving into a new phase.
- With Matthew stepping in, the company has resolved the internal control issue that was blocking any forward motion.
- Leonard Toboroff brings decades of experience in restructurings, microcaps, and strategic operations.
- With Thom’s vacancy filled, there is no longer a shareholder deadlock.

Bottom line:

After a long period of silence, WDDD/GEMAXEL is finally moving again.
The share structure remains one of the strongest in the OTC, and now there is experienced leadership in place.
This 8-K is the clearest signal yet that the company is entering a new phase.

Yeah, we can all for sure hope something is in the works with WDDD. It would be the perfect setup for a reverse merger of some sort once it regains compliance. We know something is up because they seem to be in the process of getting company filings up to date. On another note, if you want to explore an intriguing shell company that has been bought and kept current by a private company in the LNG sector (Delfin Midstream) since 2018 and stated in their filings it was bought for a POSSIBLE reverse merger take a look at //TGLO//.

$WDDD remains one of the strongest structural setups in the entire OTC. The float is extremely low, the OS is controlled, and the TA (VStock) is one of the most reliable mid-tier agents out there. Companies don’t maintain a clean share structure, an active TA, and compliant filings “just because.” When a ticker keeps its corporate framework alive, it’s usually because something is happening behind the scenes.

Many traders underestimate WDDD simply because it’s quiet. But silence is often the phase right before a corporate move. Companies with proprietary tech, legacy IP, and a tight share structure are exactly the type that get targeted for mergers or acquisitions — especially when leadership transitions have already happened and the administrative side of the company remains active.

If a merger ever lands here, the setup is explosive. This isn’t hype — it’s basic market mechanics: low float + controlled OS + clean TA + real underlying assets = a perfect environment for a corporate catalyst to have immediate impact. These are the tickers that don’t need massive volume to move; they just need one real announcement.

This is not a lottery ticket. It’s a sleeper with real potential. The structure is already in place. Now we wait for the catalyst. And if that catalyst ends up being a merger, this could run harder than most people expect.

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Gemaxel Inc.
OTCPK:WDDD Stock Report
Market Cap US$28.6k

https://simplywall.st/stocks/us/media/otc-wddd/gemaxel?_pr=web

That sounds very encouraging. At least he is trying to do something positive here, with the remaining pieces of the puzzle.

Good luck!

Events seem to be progressing pretty well
I get the impression from other large shareholders Lenny is going to make Gemaxel inc an
ongoing concern with a profitable company roll up very quickly
Fingers crossed
Great market to do something soon
Good luck

Let's hope he hits a homerun here.

FYI
Lenny is a very successful investor
Plus his very rich
Gemaxel Inc Is the new company he is going to do a roll up into
Stay tuned hopefully he gets it done and it makes money
Maybe something to do with AI only joking
Probably medical
Good luck

They still have to file an annual report for 2025 and 10Q's for 2026 to be compliant. Obviously something is happening and whatever is going on will take time.

I believe Toboroff was also involved with Real Brands (RLBD) and rode that into bankruptcy last year.

Question for the board – When will WDDD (GEMAXEL INC) update and return to OTC Pink / OTC Basic Market?

Hi everyone,

I’m trying to get a clearer picture of **when WDDD (now GEMAXEL INC)** might finally update its status on OTC Markets and move out of the **Expert Market**.
The company has already filed the latest **10-Q’s**, and honestly, these filings are **more interesting than expected**.

One thing that really caught my attention:
It looks like **Leonard Toboroff** may be putting **his own money** into keeping this alive.
For those who know his background better — is he considered an honest, ambitious, serious operator?
A lot of long-term holders have stuck with WDDD for years, and it feels like the future of this ticker is now **entirely in his hands**.
If he executes, he could make a lot of people very happy.

I also like what we’re seeing structurally:

- **New corporate name:** GEMAXEL INC
- **New business address**
- **Ultra-clean share structure**
- **No toxic debt**
- **Authorized Shares:** 250,000,000 (06/16/2026)
- **Outstanding Shares:** 57,112,506
- **Restricted:** 4,257,043
- **Unrestricted (float):** 52,855,463

With a structure this tight, things could get interesting once it’s back on a normal OTC tier.

From what I understand, once filings are submitted, OTC Markets usually takes **7–20 business days** to review and update the compliance status.
But since WDDD was out of compliance for a long time, it might take longer.

**Questions for anyone who has followed similar situations:**

- How long did OTC Markets take to update other tickers after filings were submitted?
- Does WDDD still need anything else (Attorney Letter, corporate verification, etc.)?
- What’s your view on Leonard Toboroff’s role and intentions?
- Any realistic timeline for a return to **OTC Pink / OTC Basic Market**?

Any insight or experience would be appreciated.

Nice to see something happening here. At least it seems like an attempt to resuscitate the stock.

Yes it is or so it seems.
https://www.marketscreener.com/insider/LEONARD-TOBOROFF-A04VUC/

I see that Leonard Toboroff has taken the helm; is this the Leonard involved with IPOs, luxury hotels, etc.? https://www.linkedin.com/in/leonard-toboroff-193b205a/

Is it not more likely that they are just clearing up loose ends and then creating a new name to distance themselves from the disaster it was? So much unpaid debt is bound to have upset some organisations. Change name and Hide.

Yesterday Gemaxel filed three 10Q's for the quarters ending March 31, June 30, and September 30. It looks like they are working on getting WDDD current with their delinquent SEC filings. I sure wish I knew what they had planned. I had pretty much scratched WDDD off as a lost cause, but now I'm just scratching my head.

I don't know what the reason for the company name change would be. Chris Ryan who signed off on the 8K was the CFO of WDDD and if you look up the address for Gemaxel Inc it's the high-rise Green Diamond Condominiums. Gemaxel INC, 4775 Collins Avenue, Maimi, FL
https://www.zillow.com/b/4775-collins-ave-miami-beach-fl-Chghrz/

Good luck to all

Gemaxel Inc - name change. 8K is out.

For you, cadillacdave!

https://www.youtube.com/shorts/cNgvEyG7aOU

If you were walking down the street and saw $1.20 laying on the sidewalk, would you pick it up or just walk by?

Going, going gone?

Not sure why someone would unload 12k shares at these prices, for $1.20?

Let's hope they can put something together and get it off the ground.

Maybe the timing works out good and it coincides with the beginning of the "Golden Age", and everything moves in the right direction.

Thank you for the update.

FYI
Recently spoke to a very large shareholder
They are still trying to put something together for wddd
However “its in the early stages “
Fingers crossed crazier things have happened

By todays share price that would be 1 million shares for $1. It's starting to look like a bargain.

Sliding further into the abyss here.

Maybe I should buy a million shares at $10...but only if L4BC approves.

If the right conditions are presented, maybe they can get something done.

There are a few shareholders here who are heavily invested. It would be a nice turn of events if something positive materialized.

Thank you for the update.

They seemed pretty serious about trying to do something
We will see
Who knows crazier things have happened

Maybe the economy starts doing well in the next few months and it creates some business friendly opportunities.

Might as well see it through at this point.

Good luck!

FYI spoke to a few very large shareholders there are a few trying to put something together to roll into wddd
since they believe it’s a very clean shell a non tech company
Will keep fingers crossed

Thom = WDDD = dead

Did the merger cause the share price to spike? Were you able to recoup some losses?

My last bankrupt investment (NTN Trivia) was a bar trivia company. They merged with a medical company that was only interested in a vehicle to get listed on the OTC. Since WDDD has been delisted, I'm not sure there is any value here.

Thom should have kept that number in his back pocket, for plan B. But that was a long time ago and that ship likely sailed.

Interesting, that sounds great, but for tax credits, is it better to go into gaming or crypto companies?

Will do
probably give it a little time for the dust to settle
There is a very large private equity investor in NY that in the past had a medical company that wanted to do a roll up into wddd
but kidrin was confident at the time the patents would prevail in court

Let us know what you hear.

Have a Happy Thanksgiving with your family!

Did hear for a while thom was very sick and in a coma
Know him for 25+ years while his intentions were good he had a tough time navigating the company
Not sure where this goes from here though plan to make some calls to other large shareholders
RIP Thom Kidrin

Very kind words and well said.

RIP, Thom.

My deepest condolences to the family and loved ones of Thomas Kidrin.

His passing is truly sad news for everyone who followed and believed in WDDD.
Looking back, many of us now understand that the delays in filings, the stalled merger process, and the lack of communication may have been influenced by his illness. Life sometimes places heavy burdens on people, and we often don’t see what they are carrying until it's too late.

Despite the difficult circumstances, Tom carried this company for many years, and his dedication deserves respect.

Now we can only hope that whoever steps in to lead the company will bring renewed clarity, compliance, and direction—hopefully guiding WDDD into a healthier future.
Many long-term shareholders remain here with hope, and we will continue to support a new chapter for the company.

Rest in peace, Tom. And strength to everyone affected.

Thom never had one viable, sustainable, profitable business in his entire life. Yett he made a lott of munny for himself. Issuing stock is a great method for turning nothing into spendable cash. It beats having a real yobb where one has to do actual work to earn a living.

https://www.linkedin.com/in/thomkidrin/details/experience/

Weird how that works in pennyscams, huh?

What exactly about that news is sad?

Sad News I am afraid. God Bless His Family https://brezniakfuneraldirectors.com/obituary-archive/thomas-lloyd-kidrin/?fbclid=IwY2xjawORUh5leHRuA2FlbQIxMABicmlkETE3ZVdJZTBmU0owY2dvR0Ntc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHssrwfd-_DG93bFRlYjzTM5tcUFu4TRsA0ZkOKS4N5HsCdRWIg_-hQyR9vxi_aem_l3eM4LUEjXzTadUXF2Z8og

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175380476

Before the big slide here, a pumper (L4BC), advised folks he was comfortable buying here up to .70. His new alias/moniker is Losing 4 Bad Choices. 😱

A while back, someone explained that the losses here could not be used as a tax credit - so theres that as well.

You'd need to be a big company with very competent accountants to take the debt on. I tried to understand it all but this link shows the complexity of it all https://www.footnotesanalyst.com/valuing-the-debt-interest-tax-shield/

If the economy grows steadily and inflation is in check then businesses may grow. If that happens, it's possible that some emerging business may want to merge. At the moment, there is a lot of concern with the markets, which is why gold is at an all time high.

All of the positive factors that you have mentioned have been present during the past few years, and there has not been a successful merger yet. Hopefully, it happens.

It also seems that Thom is embroiled in some legal issues, which will not help his focus here, nor instill confidence for those seeking a potential merger.