Welcome to our dedicated page for Dlt Resolution news (Ticker: DLTI), a resource for investors and traders seeking the latest updates and insights on Dlt Resolution stock.
DLT Resolution Inc. (DLTI) delivers technology-driven business transformation through strategic acquisitions and SAAS solutions. This news hub provides investors with essential updates on corporate developments, global expansion initiatives, and operational enhancements across its telecommunications, IT, and international trade portfolio.
Access comprehensive coverage of DLTI's business activities including earnings announcements, partnership formations, and acquisition strategies. The curated news collection serves as a centralized resource for tracking the company's progress in revitalizing underperforming businesses through innovative technology implementations.
Key updates include strategic alliance announcements, SAAS platform developments, and global market expansion initiatives. Users will find detailed information on share exchange transactions, automotive export partnerships, and operational efficiency improvements across acquired entities.
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DLT Resolution (OTC PINK: DLTI) has announced a new exclusive Independent Agent agreement with Michael Carvath of Liverpool, UK, through its subsidiary, Global Motor Trade International. This alliance is expected to generate an additional $10 million in annual sales for the company's Global Motor Trade Group. Carvath's established success in automotive exports, with $8.5 million in 2023 sales, enhances the company's market position. The 3-year agreement includes issuing 100,000 shares at the start and an additional 100,000 shares at the end of each of the two subsequent 12-month periods, contingent on achieving $10 million in sales annually. This partnership aligns with DLT's strategy to diversify and innovate its portfolio, with multiple acquisitions planned by year-end.
DLT Resolution Inc., a publicly traded acquisition company, provided an update on its share exchange transactions with Ciscom Corp., aiming to consolidate ownership but later unwinding due to regulatory issues. DLT issued shares to Concerned Shareholders and entered new agreements with Subject Shareholders. The company focuses on growth initiatives and aligning with disenfranchised shareholders. DLT's ownership position in Ciscom changed from 42.05% to 0%. The closing price per Ciscom common share was $0.09.
