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New World Solutions Announces Board Changes

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New World Solutions announces that Mr. Marks has resigned from the Board of Directors to concentrate on developing dialMKT Corp, the Company's majority-owned subsidiary. dialMKT has recently launched its online platform and started generating revenue. The Board will appoint a new Chairperson at its next meeting and has no immediate plans to fill the vacant position. The company also clarified that any watch business promotions reflect Mr. Marks' personal views, not the company's stance.

New World Solutions annuncia che il Sig. Marks si è dimesso dal Consiglio di Amministrazione per concentrarsi sullo sviluppo di dialMKT Corp, la sussidiaria di maggioranza della Società. dialMKT ha recentemente lanciato la sua piattaforma online e ha iniziato a generare entrate. Il Consiglio nominerà un nuovo Presidente alla sua prossima riunione e non ha piani immediati per ricoprire la posizione vacante. La società ha anche chiarito che qualsiasi promozione nel settore della vigilanza riflette le opinioni personali del Sig. Marks, non la posizione della società.

New World Solutions anuncia que el Sr. Marks ha renunciado a la Junta Directiva para concentrarse en el desarrollo de dialMKT Corp, la subsidiaria de mayoría de la Compañía. dialMKT ha lanzado recientemente su plataforma en línea y ha comenzado a generar ingresos. La Junta nombrará un nuevo Presidente en su próxima reunión y no tiene planes inmediatos para ocupar la posición vacante. La compañía también aclaró que cualquier promoción relacionada con el negocio de vigilancia refleja las opiniones personales del Sr. Marks, no la postura de la compañía.

New World Solutions는 Marks 씨가 dialMKT Corp, 회사의 대다수 보유 자회사 개발에 집중하기 위해 이사회에서 사임했다고 발표했습니다. dialMKT는 최근 온라인 플랫폼을 출시하고 수익을 창출하기 시작했습니다. 이사회는 다음 회의에서 새로운 의장을 임명할 것이며, 공석을 채우기 위한 즉각적인 계획은 없습니다. 또한 회사는 감시 비즈니스와 관련된 어떠한 홍보도 Marks 씨의 개인적인 견해를 반영하며, 회사의 입장과는 관련이 없음을 명확히 했습니다.

New World Solutions annonce que M. Marks a démissionné du conseil d'administration pour se concentrer sur le développement de dialMKT Corp, la filiale majoritaire de la société. dialMKT a récemment lancé sa plateforme en ligne et a commencé à générer des revenus. Le conseil nominera un nouveau président lors de sa prochaine réunion et n'a aucun plan immédiat pour pourvoir le poste vacant. L'entreprise a également précisé que toute promotion liée au secteur de la surveillance reflète les opinions personnelles de M. Marks, et non la position de l'entreprise.

New World Solutions gibt bekannt, dass Herr Marks aus dem Vorstand zurückgetreten ist, um sich auf die Entwicklung von dialMKT Corp, der mehrheitlich im Besitz des Unternehmens befindlichen Tochtergesellschaft, zu konzentrieren. dialMKT hat kürzlich seine Online-Plattform gestartet und beginnt, Einnahmen zu erzielen. Der Vorstand wird bei seiner nächsten Sitzung einen neuen Vorsitzenden ernennen und hat keine kurzfristigen Pläne, die vakante Position zu besetzen. Das Unternehmen stellte außerdem klar, dass alle Promotions im Bereich der Überwachung die persönlichen Ansichten von Herrn Marks widerspiegeln und nicht die Haltung des Unternehmens darstellen.

Positive
  • dialMKT subsidiary has launched its platform and begun generating revenue
Negative
  • Board member resignation creates leadership vacancy
  • No immediate plans to fill the board position

TORONTO, ON / ACCESSWIRE / November 13, 2024 / New World Solutions Inc. (CSE:NEWS) (OTC:REGRF) (FSE:RT5) ("New World" or the "Company") announces that Mr. Marks has stepped down from the Board of Directors to focus on growing the Company's majority owned subsidiary dialMKT Corp.("dialMKT").

dialMKT has recently launched its online platform and has entered in revenue. Mr. Marks will focus his attention on growing that brand by working to build revenue.

As Mr. Marks steps away from the Company, shareholders are reminded that any promotion around the watch business represents Mr. Marks' own opinions and not those of the Company.

The Board will name a new Chairperson at its next meeting and currently has no plans to fill the vacancy.

About:

dialMKT is addressing the digital transformation of the global luxury wrist watch enthusiast market by developing a blockchain-powered digital ecosystem that integrates content, e-commerce, and community.

The company's video-first content platform WatchReporter.com is produced by watch enthusiasts - for watch enthusiasts and features the latest relevant articles, and videos on: watch auction news, collector interviews, watch reviews, and growing database on buyer guides on vintage and modern watches from the top brands. The newly launched dialMKT.com plans to offer rare and hard-to-find vintage and modern watches at the most competitive prices, with a high level of transparency, and concierge-style service for serious watch enthusiasts.

About New World

New World Solutions is an innovative technology company, driving innovative solutions to new world problems. Through our blockchain and technology experience, we are leveraging solutions in the decentralized finance space as well as the electric vehicle area. We look to acquire and launch a balanced spectrum of solutions to become a leader in this dynamic tech landscape.

For additional information on New World and other corporate information, please visit the company website at https://www.newworldinc.io/.

For further information, please contact:

Paul Haber, C.P.A., C.A., C.Dir
Chief Executive Officer
New World Solutions Inc.
Phone: (416) 318- 6501
Email: phaber@newworldinc.io

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.

Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". Forward-looking information in this news release are based on certain assumptions and expected future events. These statements involve known and unknown risks, uncertainties, and other factors, which may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; the risks associated with the blockchain in general, the risk that the Transaction will not be completed as contemplated or at all. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

The Canadian Stock Exchange (the "CSE") does not accept responsibility for the adequacy or accuracy of this release.

Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: New World Solutions Inc.



View the original press release on accesswire.com

FAQ

Why did Mr. Marks leave New World Solutions (REGRF) board of directors?

Mr. Marks stepped down from the Board of Directors to focus on growing dialMKT Corp, New World Solutions' majority-owned subsidiary.

What are New World Solutions' (REGRF) plans for the board vacancy?

The Board will name a new Chairperson at its next meeting but currently has no plans to fill the vacancy left by Mr. Marks.

Has dialMKT Corp, New World Solutions' (REGRF) subsidiary, started generating revenue?

Yes, dialMKT Corp has recently launched its online platform and has begun generating revenue.

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