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Everything Blockchain, Inc. (OTCMKTS: OBTX) has appointed Jessica Hunt as its new Chief Marketing Officer.
With over ten years in marketing, Hunt previously served as CMO at One Exchange, a fintech company. Her role will encompass brand marketing, user experience, education, and public relations to drive the company's growth in blockchain technologies.
This strategic hiring aims to bolster Everything Blockchain's position in the industry, particularly in high-end technology services for data security and decentralized processing.
Everything Blockchain, Inc. (OTCMKTS: OBTX) announced its subsidiary Vengar Technologies' Zero Trust Data Access (ZTDA) Platform was featured in ACES's new Encryption as a Service system at the DODIIS conference. This collaboration aims to enhance data protection for unclassified but sensitive information. The system received significant interest, with over 40 demo requests, showcasing its capabilities in controlling data with multi-layer encryption and digital rights management. This partnership supports security needs for various government entities.
Everything Blockchain, Inc. (OTC: OBTX) reported a remarkable third quarter for 2021, with earnings per share of $0.38, up from a loss of $0.02 in Q3 2020. Revenue soared to $4.9 million, compared to just $0.1 million a year prior. Year-to-date earnings reached $0.92 per share, a significant recovery from a $6.90 loss in the same period last year. The company projects 2021 revenue of $18 million and net profit of $7 million, indicating robust growth driven by upcoming product launches, including PulseChain.
Everything Blockchain reports strong financial performance, with a Q3 2021 earnings of $0.38 per share, totaling $0.92 year to date. Revenue for the quarter reached $4.9 million, contributing to a year-to-date revenue of $11.3 million. The company's net profit for the quarter was $3.2 million, leading to a year-to-date net profit of $6.5 million. A shareholder call is scheduled for November 22, 2021, at 4:10 PM to discuss these results.
Everything Blockchain, Inc. (OTCMKTS: OBTX) appointed Michael Brooks as its Chief Information Officer and Chief Security Officer effective November 15, 2021. With over 25 years of experience in technology and cybersecurity, Brooks aims to implement a unified IT vision, enhancing cybersecurity and compliance across the company and its subsidiaries. CEO Eric Jaffe emphasized the importance of security in their SaaS platforms. Brooks, a retired senior military officer, holds advanced degrees and certifications in information security and project management, signifying a commitment to industry best practices.
On November 15, 2021, Everything Blockchain, Inc. (OTCMKTS: OBTX) announced that its subsidiary, Vengar Technologies, entered into a perpetual OEM license agreement with Alamo City Engineering Services (ACES) for their Zero Trust Data Access (ZTDA) platform. Effective October 26, 2021, the agreement includes a $250K non-refundable prepayment and a 25% licensing fee on gross revenue from ZTDA sales. The platform allows users to control access to their data after sharing, featuring zero knowledge encryption. This partnership aims to enhance data protection for government contracts.
Everything Blockchain, Inc. (OTC Markets: OBTX) announced a shareholder call scheduled for November 22, 2021, at 4:10 PM to discuss its record-breaking quarterly performance ending October 31, 2021. During this call, the company plans to release its quarterly financial results. Additional information regarding the call will be made available on the company's website and social media channels on the morning of November 22, 2021.
Everything Blockchain, Inc. (OTCMKTS: OBTX) has officially relocated its headquarters to Jacksonville, Florida, following the beginning of demolition by controlling shareholder Overwatch Partners, Inc. This project anticipates a $7 million, 25,000 square foot technology center, with completion expected in approximately 30 months. CEO Eric Jaffe expressed enthusiasm for participating in the design of the new facility, committing to a 12-month lease at the new location. This strategic move aims to enhance the company's operational capabilities in blockchain and decentralized processing.
Everything Blockchain, Inc. (OTCMKTS: OBTX) has announced a partnership with PreIPO Exchange Corp to develop OneX-Chain, a white-labeled Blockchain platform based on its patented QueryChain. This platform will facilitate the exchange of digital assets and provide a unified market for private security issuances. Everything Blockchain will receive $200K for technical development and will maintain long-term management of the platform. CEO Eric Jaffe envisions shared ownership in the platform's cryptocurrencies and transactional fees as a validator.
Everything Blockchain (OTCMKTS: OBTX) announced the appointment of Eric Jaffe to its Board of Directors, filling a vacancy left by Paul Rosenberg's resignation. Jaffe, who is also the CEO, brings extensive experience in technology and blockchain, having successfully led multiple acquisitions. The board's approval highlights the company's commitment to advancing its leadership in blockchain technologies and zero trust applications. This leadership change is positioned as a strategic move to strengthen management and enhance shareholder value.
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