ProfitScout
1月前
$DLTI News: DLT Resolution Inc. Enters the Multi-Billion Dollar Life Settlements Market Through LifeChain Financial LLC
Las Vegas, Nevada--(Newsfile Corp. - April 13, 2026) - DLT Resolution Inc. (OTC Pink: DLTI) today announced that its newly formed subsidiary, LifeChain Financial LLC, is entering the U.S. life settlements market. Through LifeChain Financial, DLT will acquire diversified portfolios of U.S.-issued permanent life insurance policies rated A.M. Best A- or better, purchase them at disciplined discounts to face value, assemble them into institutionally compliant portfolios, and hold and manage them to maturity to receive death benefits.
Life settlements represent a well-established, non-correlated alternative asset class that has grown substantially over the past two decades. The market offers investors attractive risk-adjusted returns with low correlation to equity markets, interest rates, and broader economic cycles. Industry estimates place the average annual gross market potential at approximately $224 billion, with annual transaction volumes projected to reach $4.6 billion in the coming years, driven in part by the aging baby boomer population and increasing policy lapse rates.
LifeChain Financial will leverage a fully integrated, licensed third-party platform for all backend operations, including policy origination and underwriting, premium servicing, insured tracking, continuous health monitoring, longevity risk analysis, death claim processing, escrow, securities intermediary services, and medical underwriting. This end-to-end infrastructure is provided through strategic alignment with industry veterans who collectively bring more than 100 years of specialized experience in the life settlements sector.
The initiative draws upon DLT Resolution's strong internal capabilities, including a board of directors that features experienced, strong management, chartered professional Accountants (CPAs) and an insurance industry executive who serves on the board of a large insurance company. This combination of public-company governance, financial expertise, and seasoned insurance knowledge positions LifeChain Financial to execute the model efficiently and at scale.
"Life settlements fit perfectly with DLT's mandate of acquiring and transforming high-potential businesses to create liquidity and value for owners and shareholders," said Drew A. Reid, Executive Chairman and CEO of DLT Resolution Inc. "By partnering with best-in-class servicing and underwriting experts, we are building a transparent, institutionally ready platform that can deliver non-correlated returns while addressing key investor concerns around visibility and operational reliability."
About DLT Resolution Inc.
DLT Resolution Inc. (OTC Pink: DLTI) is a U.S. publicly traded acquisition company focused on acquiring and transforming businesses to maximize valuations and deliver liquidity for owners while providing leveraged upside for shareholders. The Company targets opportunities across fintech, telecom, and now the life settlements sector through its subsidiary LifeChain Financial LLC. Visit: www.dltresolution.com
About LifeChain Financial LLC
LifeChain Financial acquires diversified portfolios of U.S.-issued permanent life insurance policies — building an asset class that is structurally independent of equity markets, interest rates, and economic cycles. Visit: http: https://lifechainfinancial.com/
Media Contact:
DLT Resolution Inc.
Drew A. Reid
Executive Chair & CEO
1 (800) 463-5465
dreid@dltresolution.com
Julia Robinson
Media-Shareholder Relations
1 (800) 463-5465
jrobinson@dltresolution.net
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are based on management's plans, estimates, assumptions, and projections at the time the statements are made and are not guarantees of future performance. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Achievement of future results is subject to risks, uncertainties, and assumptions, including those discussed in our filings with the Securities and Exchange Commission and OTC Markets. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated, or expected. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.
SOURCE: DLT Resolution Inc.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292157
SOURCE DLT Resolution Inc.
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tradingjoe1
6年前
DLT Resolution's Union Strategies Secures 5 Additional Public Sector Unions
October 26, 2020
LAS VEGAS, NV / ACCESSWIRE / October 26, 2020 / DLT Resolution Inc. (OTC PINK:DLTI), an information technology, cyber security, telecommunications and Union Services company, is pleased announce 5 additional public sector unions to the rapidly growing client list of Union Strategies ("USI").
The selling proposition that primarily leads to landing these five new unions was the Proprietary System, Vote YourChoice (TM) secure, remote and online voting system.
Union Strategies ("USI) has been running hundreds of the elections within the last year - nearly double since the COVID 19 pandemic took a turn back in March. The Pandemic caused a lot of Union locals to eliminate the traditional use for ballot boxes, and to turn to our Vote YourChoice ™ secure electronic voting.
USI will continue to use its deep domain knowledge of all things Union to modify the bylaws of its new customers to facilitate the change to paperless voting.
"The word on this application is spreading," said Fred Vecchio of Union Strategies. "We look forward to advancing it amongst our base and engaging other verticals for its application."
USI intends to introduce these new customers to DLT Resolution's and USIs' other products as it gains familiarity with the needs of these Unions.
Strong Demand & Market Acceptance
Since the launch of Vote YourChoice (™) - Secure Online and Remote Voting Application in June 2020, we have seen significant acceptance and demand for our service. To date, we have already signed up a number of new public sector unions, deployed online & remote voting for a number of new and existing union clients and are planning the launch into new markets outside of our current union customer base.
tradingjoe1
6年前
DLT Resolution's Union Strategies Lands Large Industrial Union Local in Canada
LAS VEGAS, NV / ACCESSWIRE / December 1, 2020 / DLT Resolution, Inc. (OTC PINK:DLTI), an information technology, cyber security, telecommunications and Union Services company, is pleased to announce its wholly owned subsidiary, Union Strategies ("USI") has landed another union local in Canada.
Union Strategies on-boarded a local across a variety of USI's products and services. The critical factor in achieving this sale was the locals appreciation of a successful and seamless election it held using USI's Vote YourChoice(™) proprietary electronic election platform.
"This particular local was so impressed with the time and money saved using Vote YourChoice(™) that its new Executive team advocated for purchase and use of a broader suite of USI's products and services" said Fred Vecchio, President of USI.
Strong Demand & Market Acceptance
Since the launch of Vote YourChoice (™) - Secure Online and Remote Voting Application in June 2020, we have seen significant acceptance and demand for our service. To date, we have already signed up a number of new public sector unions, deployed online & remote voting for a number of new and existing union clients and are planning the launch into new markets outside of our current union customer base.
Vote YourChoice™ - Secure Online and Remote Voting
Vote YourChoice™ fulfils the need for an ever-growing demand of online and remote voting requirements for all types of public and private elections. This requirement is now, more than ever, a fundamental change in the way people are able to cast their ballot and maintain physical distancing requirements. This remote ability is also estimated to increase voter participation by 18% to 35%. Vote YourChoice(™) software includes union elections and voting, condominium corporation voting, publicly traded company voting, municipal and provincial elections to name but a few applications globally.
100% Integrity
Secure, cost-effective and integrated with all organizations requirements. Organizations stakeholders are assured that their votes are processed by a neutral third party and in a transparent manner due in part to our unique voter-verified audit trail. Organizations can also count on our support team as a virtual part of its elections staff.
tradingjoe1
6年前
DLT Resolution Reports 366% Sales Growth in Third Quarter 2020
LAS VEGAS, NV / ACCESSWIRE / November 16, 2020 / DLT Resolution, Inc. (OTC:DLTI), an information technology, cyber security, telecommunications and Union Services company, today reported financial results for its third quarter ended September 30, 2020.
2020 Second Quarter Highlights:
2020 Q3 revenue of $599,000 was 366% higher than 2019 Q3 revenue
On a consecutive quarter basis, 2020 Q2 revenue of $599,000 was 9% higher than the 2020 Q2 quarter
2020 EBITDA of $48,000 for nine months ended September 30, 2020 compared to 2019 EDITDA of ($620,000) for nine months ended September 30, 2019
"We are pleased to report accelerating revenue growth for the Q3 despite the business environment made challenging by the COVID-19 pandemic." said John Wilkes, Chief Executive Officer of DLT Resolution Inc., adding "We are currently expanding our service offerings and expect revenue growth will continue to drive our improved financial performance."
Third Quarter 2020 Results
The increase in 2020 third quarter revenue to $599,000 from 2019's third quarter revenue of $128,000 resulted from revenue generated by Union Strategies, Inc. following the Company's acquisition of its business on January 30, 2020. The Company reported a 2020 third quarter net loss of $13,000 that includes $8,000 in depreciation, amortization and interest expense, as compared to a $196,000 2019 third quarter net profit that benefited from a one-time $268,000 gain on a stock-based liability at the time.
John Wilkes concluded, "During the remainder of 2020 and the first half of 2021, our focus is to expand our service offerings in order to grow and diversify our revenues while maintaining positive EBITDA and delivering profitability."
mascale
8年前
Globe Newswire copy (via NEWMEDIAWIRE). The monthly pricing is also reported.
____________________________________
Las Vegas, NV, Oct. 31, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- DLT Resolution Inc. (OTC:DLTI), a Distributed Ledger Technology ("Blockchain") and Information Technology company, is pleased to announce the launch of its DLT Internet Assurance © (Automatic Failover) - a wireless redundancy for broadband internet users with our combined "all in one" automatic failover solution.
With DLT Internet Assurance © (Automatic Failover), Retailers and other data critical businesses need not fear another ISP or WAN outage. DLT Internet Assurance © (Automatic Failover) is always 'Business as Usual" for its customers and clients.
DLT Internet Assurance © (Automatic Failover) works with:
Internet IP telephones
With the advent of IP telecom and Hosted PBX, internet outage translates to no telephone services. Don't be out of business.
Point of Sale
Point of Sale terminals and retail smart hubs require maximum uptime. Don't turn away debit and credit purchasers.
Critical Infrastructure
Your employees require connectivity to customers, suppliers and other segments of your business. Can you afford downtime?
DLT Internet Assurance © (Automatic Failover)
Priced at only $49.95 USD per month, the solution addresses mission critical data connectivity for retailers and other merchants and institutions requiring "Business as Usual" on connectivity with our "all in one" solution.
The DLT Internet Assurance © (Automatic Failover) Integrates seamlessly with your existing IT systems and network infrastructure. The service minimizes disruption and downtime, providing the highest level of business continuity.
When your business-critical applications rely on a connection to the Internet, even a short disruption in Internet service costs your company in lost revenue, customer dissatisfaction, and reduced productivity. No single Wide Area Network (WAN) connection can deliver 100% up-time, so the question isn't whether your business will lose Internet connectivity, but rather how to protect your business from loss and disruption when it does happen.
This solution represents the amalgamation of hardware and wireless services in a single on-site solution. DLT Internet Assurance © (Automatic Failover) does not require upfront hardware investment or separate negotiations with LTE service providers. Options are available to reach a broad spectrum of customers ranging from single retail locations to Enterprise level customers.
The service is offered in Canada and the USA through DLT Resolution and ResolutionTelecom.
A White-labeled offering of this service to other IT and telecom providers is also available.
For more information on our "Internet Connectivity Assurance" service and a case study with its clients visit DLT Internet Assurance © (Automatic Failover).
asdfu099
8年前
DLT Resolution Q1 Reports Strong Sales Growth & Records First Earnings?
May 23, 2018. Las Vegas, NV - DLT Resolution Inc. (OTC: DLTI) a Distributed Ledger Technology (“Blockchain”) and Information Technology company that services the healthcare and telecommunications industries, is pleased to announce strong sales growth and reporting of its first earnings in its first quarter of 2018.
In December 2017 management recorded a major milestone with the recording of its first sales since inception. While only USD $2,423, the sales have ramped up aggressively in the first quarter to USD $148,388 or up over 6,100% from the previous quarter.
Reaching another major milestone, the Company recorded its first earnings available to common shareholders of USD $10,915 for the quarter.
Sales growth was driven primarily from the company’s Secure Data Services division.
Management expects this strong sales growth to continue through the course of the year.
The Company is also pleased to note the repayment of its last outstanding convertible note. This repayment retired this note protecting shareholders from additional dilution.
“Management is enthused and very much encouraged by our continued success in the roll out of secure data services in North America. We expect to maintain strong sales growth throughout the year and are pursuing strategic acquisitions that can leverage this growth further. I believe we are in an exciting industry and in an exciting time. We are committed to striving to be the leader in our field and build long lasting shareholder value” said John S. Wilkes, President of DLT Resolution Inc.
Management looks forward to updating its shareholders in coming news releases and filings.
About DLT Resolution Inc.
DLT Resolution Inc. provides Distributed Ledger Technology (“Blockchain”) and voice and data service management in Canada and the USA. Through its online portal RecordsBank.org, the company operates a HIPPA compliant health information exchange. The RecordsBank platform serves patients, Doctors, Insurers, and other third party's that request medical records in the United States and Canada. The exchange securely retrieves, stores and transfers medical records upon request. The Company also provides secure telecom and data services in Canada and the USA. Its clients represent some of the top businesses from a variety of sectors. These services are focused on document imaging, VoIP, virtual PBX, telemarketing, data entry, document management and all other back-end functions. DLT Resolution helps organizations that have invoices, ledgers, statements, applications, surveys, employee and customer rewards programs and a wide range of other non-core functions benefit from data management.
Learn more about DLT Resolution and its operating divisions at:
DLT Resolution: www.DLTResolution.com
Resolution Telecom: www.ResolutionTelecom.com
A.J.D Data Services: www.ajddata.com
RecordsBank: www.RecordsBank.org
Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. Additional information respecting the factors that could materially affect the Company and its operations are contained in its annual report on Form 10K and Form 10-Q as filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement.
Contact:
DLT Resolution Inc.