DLT Resolution Provides Shareholders with Filing and Trading Status Update
- adminhg1
- Mar 27
- 3 min read
Las Vegas, NV, March 25, 2025 — DLT Resolution Inc. (OTC: DLTI), a U.S.-based acquisition company focused on revitalizing and expanding businesses, announces the filing of its 2022 and 2023 10-K annual reports with the Securities & Exchange Commission (SEC) on March 26, 2025. The company also provides an update on its ongoing filing requirements and trading status.
Following the dismissal of BF Borgers CPA PC due to SEC enforcement actions related to its work on over 369 public companies, including DLT Resolution, the company engaged SRCO Professional Corporation ("SRCO") as its new auditor in May 2024. Since then, SRCO has worked diligently to re-audit 2022 and audit 2023, ensuring the highest standards of accuracy and compliance.
Over the past 10.5 months, SRCO and management have conducted a full re-audit of 2022 and completed the 2023 audit from the ground up. This process was critical to establishing a solid foundation for future filings, as it was done independently of prior work conducted by BF Borgers. While the timeline took longer than expected, the thorough approach ensures full compliance and financial integrity moving forward.
Path to Compliance and Trading Status Upgrade
SRCO and management are now finalizing the 2024 Q1, Q2, and Q3 reports, along with the 2024 10-K annual report. Upon completion, the company will promptly file its Q1 2025 report, bringing all SEC filings fully current.
Following the 2024 year-end filing, DLT Resolution will exit the Expert Market and transition to Unsolicited Quotation on a Limited Information Basis until the 2025 Q1 report is filed. This milestone will allow investors to buy and sell common shares on the OTC market through traditional brokerages and banks.
Once all filings are current, management will engage a FINRA-registered broker-dealer to submit a Form 211, enabling market makers to quote the stock independently of customer orders. This will enhance liquidity and improve bid-ask spreads, making the stock more accessible to investors.
Looking Ahead
Management remains committed to enhancing transparency, restoring investor confidence, and executing on its acquisition strategy. Further updates will be provided as progress continues.
About DLT Resolution Inc.
Amplifying Value - Where strategic acquisitions meet innovation in the dynamic world of technology and beyond. As a US publicly traded acquisition company, we specialize in revitalizing and amplifying businesses. Our mission is to navigate through suppressed profits and tightening credit markets, empowering small to mid-sized companies with seamless succession plans. By offering them the opportunity to transition their existing ownership for publicly traded shares, we ensure increased valuations and liquidity, driving growth and profitability for all stakeholders. Join us in reshaping the future of business. For more information visit: www.dltresolution.com
Making Good Companies Exceptional.
CONTACT:
Drew A. Reid
Executive Chair & CEO
1 (800) 463-5465
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 statements.
Comments