January 11, 2018. Las Vegas, NV - DLT Resolution Inc. (OTC: HCRED) a blockchain technology company providing distributed ledger technology that services the healthcare and telecommunications industries, is pleased to report a number of milestones reached in the month of December.
DLT Resolution in Canada
Expanding outside the United States for the first time, the Company has entered the Canadian market with the creation of DLT Resolution Corp. The newly incorporated subsidiary will focus on blockchain solutions within the telecommunications and health care industries.
Monetisation of model
In addition to this new international market milestone, the company reached another major milestone with the recording of its first sales since the inception of the company. While the sales were small at approximately $3,000 for December, this was a much anticipated milestone and a confirmation of the company’s new business model as we move into the new year. Management fully expects this number to grow substantially over the coming months.
Management is also pleased to report that it is in negotiations to acquire a fast growing data services company with substantial sales. To this end, a non-binding agreement has been signed and we expect to announce more news on this acquisition in the coming weeks.
The Company continues to focus on the transition of its health information exchange into a full blockchain solution and expects to announce more details including the release of our white paper in the coming weeks.
Commenting on the recent developments, Mr. John S. Wilkes, President of DLT Resolution Inc. stated “Management is delighted with the year-end progress we have achieved. After a year of development of our health information exchange portal and the implementation of blockchain in efforts to ensure privacy and security in this space, we are now starting to see the fruits of our labor". Added Mr. Wilkes, "with sales demonstrating steady growth coupled with an increased interest in our blockchain solution and a potential acquisition to round out our offerings and to add significant revenues to the company, we are very excited with the prospects ahead. While we have reduced our debt dramatically, we have also set the stage for significant growth so as to enhance shareholder value".
New Trading Symbol
The Company’s current temporary trading symbol “HCRED” is expected to change on January 19, 2018. The Company has requested from the Financial Industry Regulatory Authority, Inc. (FINRA) the new symbol “DLTI” which better reflects the Company’s name. Management will announce this change upon receiving notice.
About DLT Resolution Inc.
DLT Resolution Inc. provides blockchain distributed ledger technology that services the healthcare and telecommunications industries. Through its online portal, RecordsBank.org, the company operates a HIPPA compliant health information exchange. The Company's current platform securely retrieves, stores and transfers medical records. DLT Resolution serves patients, Doctors, insurers, and third party requester of records in the United States and Canada. For more information visit: www.dltresolution.com
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 publically update or revise any forward-looking statement.
DLT Resolution Inc.
Tel. (702) 796-6363