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DLT Resolution Inc. Announces Business Updates and Leadership Transition

  • Writer: adminhg1
    adminhg1
  • Sep 11
  • 3 min read
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Toronto, Ontario – September 11, 2025 – DLT Resolution Inc. (OTC: DLTI), a U.S. publicly traded acquisition company focused on revitalizing businesses in technology, finance, and related sectors, today announced updates on its business developments, including audit progress, a rescinded acquisition, a terminated joint venture, and a leadership change.


Audit and Regulatory Progress

DLT has completed the re-audit of its 2022 10-K, as well as the 2023 10-Qs and 10-K, following an SEC crackdown that revoked the license of our former auditor, Ben Borgers, causing delays and additional costs. The SEC confirmed DLT was not at fault. SRCO Professional Corporation finalized these audits, filed on March 26, 2025. Due to SRCO’s slow pace and high costs for ongoing filings, DLT engaged Mercurius & Associates LLP, a respected firm with offices in New York, UK, Japan, and India, on May 8, 2025, to complete the Q1-Q3 2024 10-Qs, 2024 10-K, and Q1-Q2 2025 filings.


DLT is on track to bring all filings current by late October 2025, enabling a transition off the Expert Market to enhance liquidity and investor access.


Rescinded Acquisition and Terminated Joint Venture

In April 2025, DLT and Global Motor Trade International LLC, WEC International LLC, SJ Auto Trade LLC, Global Motor Trade LLC (collectively, “GMTI entities”), and individuals Charles Bronfman and Abdul Matin Moosa mutually rescinded a March 2024 securities purchase agreement for DLT to acquire the GMTI entities in exchange for 6,013,000 shares of DLT common stock. Challenges in ownership transfers and the complexity of preparing a Super Form 8-K, including audited financials and valuations, led to the rescission, voiding the agreement ab initio, as if it never occurred, with the issued shares to be returned and cancelled.


As an alternative, DLT formed DLT Global Motor LLC (“DLTGM”) and entered a joint venture with GMTI in April 2025 to build an international wholesale auto trade business, leveraging GMTI’s expertise in vehicle sourcing, licensing, and logistics, with DLTGM managing operations. Compensation included restricted shares and profit-sharing. In May 2025, GMTI terminated the joint venture but recently proposed new terms. DLT is open to negotiating a revised joint venture to capture Q4 2025 revenue targets, potentially raising capital for DLTGMI post-re-quoting, avoiding the burdens of historical audits.


Leadership Transition

On August 20, 2025, the Board accepted Charles Bronfman’s resignation as Director, Executive Vice President, and General Counsel, following differences over joint venture terms. DLT thanks Mr. Bronfman for his contributions and wishes him well. Exciting announcements regarding new management and board additions are forthcoming.


Strategic Acquisitions

DLT is in discussions with a Web 3 finance company, a payment processing software technology firm, and an established technology service company. Updates on these potential acquisitions will be shared soon.


Commitment to Growth

DLT remains focused on advancing its core operations and pursuing strategic opportunities to drive long-term shareholder value. Further updates will follow as progress is made.


About DLT Resolution Inc.

DLT Resolution Inc. is a U.S. publicly traded acquisition company revitalizing businesses in technology, finance,, international trade, and telecom sectors. DLT facilitates ownership transitions for small to mid-sized companies, enhancing valuations and liquidity through publicly traded shares. Visit www.dltresolution.com for more information.


Media Contact:

DLT Resolution Inc.

5940 S. Rainbow Blvd, Ste 400-32132

Las Vegas, NV 89118

[Contact Form Available on Website]



Forward-Looking Statements

This press release contains forward-looking statements under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements, including those regarding the Expert Market transition, joint ventures, acquisitions, and revenue targets, are based on management’s expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Additional details are available in DLT’s Form 10-K and 10-Q filings with the SEC. DLT undertakes no obligation to update these statements publicly.


 
 
 
DLT Resolution logo black back-3.jpg

1 (800) 463-5465
 

5940 S. Rainbow Blvd, Ste 400-32132

Las Vegas  NV  89118 

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