Bullet Blockchain Names Eric Noveshen Executive Vice-President and Interim-CFO
Bullet Blockchain (OTC: BULT) has appointed Eric Noveshen as Executive Vice President and interim-Chief Financial Officer. Noveshen brings over 28 years of Wall Street experience and cryptocurrency expertise, having been involved in Bitcoin mining since 2013. His appointment follows BULT's recent Memorandum of Understanding with Sailo Technologies CY to provide cyber-security solutions for Bitcoin ATMs across the United States.
The company owns important Bitcoin ATM patents through its subsidiary First Bitcoin Capital , including US Patent Nos. US9135787B1 and US10332205B1, which are essential for Bitcoin ATM operations. Noveshen's primary focus will be expanding revenue streams, streamlining accounting processes, and enforcing Bullet's intellectual property rights.
Bullet Blockchain (OTC: BULT) ha nominato Eric Noveshen come Vice Presidente Esecutivo e Chief Financial Officer ad interim. Noveshen porta con sé oltre 28 anni di esperienza a Wall Street e competenze nel settore delle criptovalute, essendo coinvolto nel mining di Bitcoin dal 2013. La sua nomina arriva dopo il recente Memorandum di Intesa di BULT con Sailo Technologies CY per fornire soluzioni di cyber-sicurezza per i Bitcoin ATM negli Stati Uniti.
L'azienda detiene importanti brevetti per Bitcoin ATM tramite la sua controllata First Bitcoin Capital, inclusi i brevetti statunitensi n. US9135787B1 e US10332205B1, che sono essenziali per le operazioni dei Bitcoin ATM. L'obiettivo principale di Noveshen sarà l'espansione delle fonti di reddito, l'ottimizzazione dei processi contabili e la tutela dei diritti di proprietà intellettuale di Bullet.
Bullet Blockchain (OTC: BULT) ha nombrado a Eric Noveshen como Vicepresidente Ejecutivo y Director Financiero interino. Noveshen aporta más de 28 años de experiencia en Wall Street y conocimientos en criptomonedas, habiendo estado involucrado en la minería de Bitcoin desde 2013. Su nombramiento sigue al reciente Memorándum de Entendimiento de BULT con Sailo Technologies CY para proporcionar soluciones de ciberseguridad para los Bitcoin ATMs en los Estados Unidos.
La empresa posee importantes patentes de Bitcoin ATM a través de su subsidiaria First Bitcoin Capital, incluidos los números de patente de EE.UU. US9135787B1 y US10332205B1, que son esenciales para las operaciones de Bitcoin ATM. El enfoque principal de Noveshen será expandir las fuentes de ingreso, optimizar los procesos contables y hacer cumplir los derechos de propiedad intelectual de Bullet.
벌렛 블록체인 (OTC: BULT)는 에릭 노베센을 최고 부사장 및 임시 최고 재무 책임자로 임명했습니다. 노베센은 월스트리트에서 28년 이상의 경력과 암호화폐 전문 지식을 보유하고 있으며, 2013년부터 비트코인 채굴에 참여해 왔습니다. 그의 임명은 BULT가 미국 전역의 비트코인 ATM을 위한 사이버 보안 솔루션을 제공하기 위해 Sailo Technologies CY와 최근 체결한 양해 각서에 이어 이루어졌습니다.
회사는 자회사인 퍼스트 비트코인 캐피탈을 통해 비트코인 ATM에 대한 중요한 특허를 보유하고 있으며, 여기에는 비트코인 ATM 운영에 필수적인 미국 특허 US9135787B1과 US10332205B1이 포함됩니다. 노베센의 주요 초점은 수익원 확대, 회계 프로세스 간소화 및 벌렛의 지적 재산권 보호입니다.
Bullet Blockchain (OTC: BULT) a nommé Eric Noveshen au poste de vice-président exécutif et directeur financier par intérim. Noveshen apporte plus de 28 ans d'expérience à Wall Street et une expertise en cryptomonnaie, étant impliqué dans le minage de Bitcoin depuis 2013. Sa nomination fait suite au récent mémorandum d'entente de BULT avec Sailo Technologies CY pour fournir des solutions de cybersécurité pour les Bitcoin ATM aux États-Unis.
L'entreprise détient d'importants brevets pour les Bitcoin ATM par l'intermédiaire de sa filiale First Bitcoin Capital, y compris les brevets américains n° US9135787B1 et US10332205B1, qui sont essentiels pour les opérations de Bitcoin ATM. L'objectif principal de Noveshen sera d'élargir les sources de revenus, d'optimiser les processus comptables et de faire respecter les droits de propriété intellectuelle de Bullet.
Bullet Blockchain (OTC: BULT) hat Eric Noveshen zum Executive Vice President und interimistischen Chief Financial Officer ernannt. Noveshen bringt über 28 Jahre Erfahrung an der Wall Street und Expertise im Bereich Kryptowährungen mit, nachdem er seit 2013 im Bitcoin-Mining tätig ist. Seine Ernennung folgt auf das kürzliche Memorandum of Understanding von BULT mit Sailo Technologies CY zur Bereitstellung von Cyber-Sicherheitslösungen für Bitcoin-ATMs in den Vereinigten Staaten.
Das Unternehmen besitzt wichtige Patente für Bitcoin-ATMs über seine Tochtergesellschaft First Bitcoin Capital, einschließlich der US-Patentnummern US9135787B1 und US10332205B1, die für den Betrieb von Bitcoin-ATMs essenziell sind. Noveshens Hauptaugenmerk wird auf der Ausweitung der Einnahmequellen, der Optimierung der Buchhaltungsprozesse und der Durchsetzung von Bullets Rechten an geistigem Eigentum liegen.
- Appointment of experienced executive with 28+ years of Wall Street experience and crypto expertise
- Strategic MOU with Sailo Technologies for exclusive Bitcoin ATM cyber-security solutions
- Ownership of two essential Bitcoin ATM patents critical for industry operations
- Potential for new revenue streams through patent licensing initiatives
- None.
Wall Street and Crypto Veteran Joins Bitcoin ATM Patent Holder to Drive Strategic Growth
RENO, Nev., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Bullet Blockchain, Inc. (“Bullet Blockchain” or the “Company”), (OTC: BULT), a transformative BaaS (Blockchain-as-a-Service) company at the forefront of blockchain and Bitcoin ATM technologies, has appointed Eric Noveshen as its Executive Vice President and interim-Chief Financial Officer, effective immediately.
Mr. Noveshen brings to the Company more than 28 years of Wall Street and entrepreneurial experience. Throughout his career, Noveshen has financed both private and publicly traded companies, operated numerous businesses both in and out of the financial services arena—including entertainment & restaurant business ventures, and Private Equity funds. Mr. Noveshen’s in-depth knowledge of Intellectual Property (IP) has allowed him to assist his clients and personal ventures with establishing protections for various IP types while also litigating the defense of intellectual property. In 2013, Noveshen began Bitcoin Mining as a hobby and parlayed those efforts by growing his Bitcoin mining rigs to international mining partnerships and providing ‘DeFi type’ financing services to crypto and blockchain entrepreneurs.
Simon Rubin, CEO of Bullet Blockchain Inc., stated, “Eric Noveshen brings to Bullet Blockchain, a great wealth of diversified experience. His knowledge in the field of finance, operations, intellectual property and technology, makes him ideally suited for guiding Bullet through its next phase of growth and market expansion.”
“First and foremost, I’m a ‘Bitcoin Bull,’ and throughout the years I have developed a strong working knowledge of cryptocurrencies, the blockchain and Web3 ecosystems,” stated, Eric Noveshen, the newly appointed Executive Vice-President and Interim CFO of Bullet Blockchain, Inc. “Combine this with close to 30 years of Wall Street experience, I can confidently say that I have the wherewithal to ethically, efficiently and effectively bring these worlds together to the greater benefit of Bullet’s economic stability, growth and future prosperity. And what better way to do that than with the company that holds the only patents issued by the USPTO for Bitcoin ATMs, which will help to further Bullet to be at the forefront of increasing the national adoption of crypto and provide equitable access to the crypto currency marketplace across America.”
“My first order of business will be to expand BULT revenue streams while streamlining the Company’s accounting processes and enforcing Bullet’s intellectual property.”
This announcement comes on the heels of Bullet Blockchain entering into a Memorandum of Understanding (MOU) with Sailo Technologies CY Ltd (Sailo); intended to designate Bullet as Sailo’s exclusive partner in providing advanced cyber-security solutions to Bitcoin ATMs across the United States. This move not only helps to protect and reinforce Bullet’s IP—part of Mr. Noveshen’s specialty—but to also protect crypto ATM customers country-wide.
Noveshen concluded, “I am very excited to join Bullet Blockchain at this pivotal stage. And as we move forward into 2025, I will do all that’s within my available powers to deliver value, confidence and opportunity to Bullet Blockchain and our stakeholders.”
Bullet Blockchain’s Intellectual Property
Bullet Blockchain continues to advance its licensing initiatives, offering operators and manufacturers a variety of partnership models including transaction-based fees and revenue-sharing opportunities centered around its intellectual property. As previously announced, Bullet Blockchain acquired First Bitcoin Capital LLC, which owned an intellectual property portfolio consisting of the rights to two Bitcoin ATM patents, becoming the owner and licensor of these valuable assets. By virtue of its subsidiary First Bitcoin Capital LLC, Bullet Blockchain’s intellectual property includes the ownership and the exclusive rights to US Patent Nos. US9135787B1 “Bitcoin kiosk/ATM device and system integrating enrollment protocol and method of using the same” (US9135787B1) and US10332205B1 “Bitcoin kiosk/ATM device and system and method of using the same” (US10332205B1), respectively. The combined patents acquired by Bullet Blockchain are critical patented technologies for Bitcoin ATMs and networks to operate.
About Bullet Blockchain
Headquartered in Reno, Nevada, Bullet Blockchain Inc. – common stock is publicly traded on the OTC Markets under the symbol (BULT) – is a diversified software development and SaaS company, specializing in blockchain technologies and Web 3.0, and though its wholly owned subsidiary, First Bitcoin Capital LLC, the owner and licensor of two Bitcoin ATM patents. Bullet Blockchain is committed to driving the innovations needed to shape the future of digital and blockchain-related platforms through digital technology and decentralized blockchain solutions. Management is dedicated to rapid growth and increasing the shareholders’ value.
Shareholders, potential investors, and others should note that we announce material events and material financial information to our shareholders and the public using our website and the social media addresses listed below, as well as in our OTC Markets’ disclosures, press releases, public conference calls, and webcasts. We also use social media to communicate with our email subscribers and the public about Bullet Blockchain, services, and other related information. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage shareholders, the media, and others interested in Bullet Blockchain to review the information we post on Bullet Blockchain’s social media channels listed below. This list may be updated from time to time.
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Forward-Looking Statements:
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change at some point in the future. However, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking.
Contact us: contact@BulletBlockchain.com
FAQ
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