OBTX - OBTX STOCK NEWS

Everything Blockchain, Inc. (OTCMKTS: OBTX) announced the appointment of William C. Regan as Interim Chief Financial Officer following the resignation of Michael Hawkins from the CFO role while remaining Chairman of the Board. Hawkins noted the need for dedicated financial oversight as the company prepares for a potential NASDAQ or NYSE uplisting. Regan, with 40 years of finance experience including two IPOs, was a consultant for the company since May 2021. CEO Eric Jaffe emphasized the importance of a competent senior management team and the establishment of an Audit Committee for enhanced financial governance.

Everything Blockchain, Inc. (OTCMKTS: OBTX) expanded its Board of Directors to five members, preparing for an uplisting to NASDAQ or NYSE. Richard C. Schaeffer, Jr., a former NSA executive, and Thomas G. Amon, a seasoned attorney, join the board. This move aims to enhance the company's leadership in cybersecurity and blockchain technology. With a focus on trust and data protection, the new members bring extensive experience in their fields. The updated board structure includes three independent members for audit and compensation committees, reinforcing the company's governance ahead of the uplisting.

Everything Blockchain (OTC: OBTX) announced that its subsidiary, Mercury, Inc., secured an exclusive license to sell merchandise for the band Sabaton during their 2021 USA Tour, starting September 9 in Reading, PA and ending October 31 in Lowell, MA. The tour features 34 concerts across 26 states. The company will handle training for venue staff on payment system security protocols. Revenue from merchandise sales will be recognized through the end of the calendar year, enhancing the company's income potential and market presence.

Everything Blockchain (OTC: OBTX) will host a conference call on August 16, 2021, at 12:00 p.m. Eastern Time to discuss its financial results for Q2 2021. The CEO, Eric Jaffe, expressed enthusiasm about the company’s strong performance, projecting $18 million in revenue for the year. The call will cover operational insights and updates on the launch of PulseChain and recent acquisitions. For those unable to join, a replay will be available until August 30, 2021.

Everything Blockchain, Inc. (OTC Markets: OBTX) reported significant revenue growth in its latest financial results for the quarter and six months ended July 31, 2021. Revenue increased by $5.4 million quarter-over-quarter and $6.6 million year-over-year. Net profit reached $2.9 million for Q2 and $3.5 million for the first half of the fiscal year. GAAP earnings per share rose to $0.46, a recovery from a loss of $0.18 in the previous year. With four acquisitions and the upcoming launch of PulseChain, the company expects further revenue growth.

Everything Blockchain, Inc. (OTCMKTS: OBTX) has announced new appointments in its senior management team. Toney Jennings becomes the Chief Operating Officer, focusing on expanding services and integrating recent acquisitions in blockchain and cybersecurity. Brandon Hart has been appointed as the Chief Technology Officer, replacing Robert Adams, who will remain on the Board. Jennings brings over 30 years of experience in cybersecurity, while Hart has more than 12 years in tech management. The company emphasizes its commitment to becoming a leader in data security and blockchain technologies.

Everything Blockchain, Inc. (OTCMKTS: OBTX) has announced the acquisition of Vengar Technologies LLC for $5.05 million. This strategic move aims to integrate Vengar's Zero Trust Data Protection software into Everything Blockchain's offerings. The acquisition is projected to generate $45 million in booked revenue over the next three years. With this merger, Everything Blockchain shifts towards a sustainable recurring revenue model, enhancing its market position in the cybersecurity domain.

Everything Blockchain (OTC: OBTX) announced an update focusing on its involvement in PulseChain. Overwatch Partners, its largest shareholder, leads with a $31 million commitment to PulseChain, part of a $700 million total from 40,000 participants. The platform promises enhancements over Ethereum and is set to launch after its sacrificial period on August 2, 2021. Overwatch also supports the SENS Research Foundation, which raised $25 million for aging research. CEO Eric Jaffe emphasized the company's dedication to blockchain technology and shareholder transparency.

Everything Blockchain (OBTX) announces a shareholder call on August 16, 2021, at 12:00 PM to discuss its impressive quarterly performance ending July 31, 2021. During this call, the company will reveal quarterly numbers and elaborate on recent acquisitions and growth strategies. CEO Eric Jaffe highlighted the company’s significant expansion efforts, including a planned uplist to NASDAQ and four recent acquisitions. Further details about the shareholder call will be shared on August 16 at 9:00 AM.