NEW WORLD SOLUTIONS INC - REGRF STOCK NEWS

New World Solutions (CSE:NEWS, OTC:REGRF) provided an update regarding its trading suspension on the Canadian Securities Exchange. The suspension stems from the Exchange's review of the recent dialMkt acquisition, which created a new control person without required shareholder approval. Additionally, the Exchange has raised objections regarding the Company's association with an individual. The person in question has filed an appeal, scheduled for hearing in January. The company confirmed that the trading suspension will remain in effect until after the appeal is heard.

New World Solutions announces its subsidiary dialMKT has partnered with Bidsquare.com to launch regular online luxury watch auctions. The first auction catalog will be posted within a week, with the live auction scheduled for December 4, 2024. The partnership provides dialMKT access to Bidsquare's technology platform and global database of high-end buyers. dialMKT plans to conduct 1-2 online auctions monthly starting January 2025, leveraging its community of +18,000 users across WatchReporter.com and social media channels. The business model includes revenue from consignment commissions, buyer premiums, and sales from owned inventory.

New World Solutions announces the launch of its subsidiary dialMKT's e-commerce platform dialMKT.com, targeting the luxury watch enthusiast market. The platform features vintage and modern luxury watches from brands like Patek Philippe, Piaget, and Rolex. The company plans to integrate content, e-commerce, and community services, leveraging its existing base of nearly 18,000 users across WatchReporter.com and various social media channels. Revenue generation will come through consignment commissions and sales from owned inventory. The platform will introduce an auction format and upgrades within 30 days.

New World Solutions Inc. (CSE:NEWS, OTC PINK:REGRF, FSE:RT5) has announced the appointment of Martin Tremblay to its Board of Directors. Tremblay, a capital markets veteran with nearly two decades of experience, brings expertise in investments, dealmaking, and M&A strategy. He has invested in over 250 companies across various sectors and is fluent in three languages. Tremblay expressed excitement about joining New World, citing the company's acquisition of a majority stake in dialMKT Corp., a player in the global secondary watch market. He aims to leverage his contacts for business development and M&A opportunities. Concurrently, Richard Yoon has resigned from the board, effective October 10, 2024.

New World Solutions Inc. (CSE:NEWS, OTC PINK:REGRF, FSE:RT5) has announced the launch of an updated version of WatchReporter.com, operated by its majority-owned subsidiary dialMKT Corp. The website is part of a broader content strategy and media platform serving the global watch enthusiast market.

Key highlights:

• dialMKT's global watch enthusiast community has reached 18,000 members across various platforms
• WatchReporter.com features articles on watch auctions, collector interviews, reviews, and buyer guides
• An e-commerce platform is expected to launch within 30 days, integrated with WatchReporter.com
• The platform aims to capitalize on the upcoming fourth-quarter Holiday sales season
• Many community members reportedly own watch collections valued between $50,000 to $1 million

The website covers a wide range of content, including collector interviews, auction news, horological history, and collection reviews featuring high-end watch brands like Rolex, Patek Philippe, and Audemars Piguet.

New World Solutions Inc. (CSE:NEWS)(OTC Pink:REGRF)(FSE:RT5) has issued a clarification regarding its September 18, 2024 press release about entering the global watch market. The company emphasizes that the pre-owned watch market is expected to reach $29 to $32 billion by 2025, according to Polaris Market Research & Consulting Inc. New World Solutions was not forecasting its own revenue but highlighting the market size it's targeting.

The company clarified that it does not have relationships with mentioned watch brands or influencers. It is not an authorized dealer of any watch brand and does not plan to be in the future. The mention of brands and influencers was intended to illustrate market trends. New World Solutions plans to launch its e-commerce platform within the next 30 days, focusing on popular brands driving market growth.

The company acknowledges the need for better transparency in future press releases and commits to providing clearer market trend information.

New World Solutions Inc. (CSE:NEWS, OTC:REGRF) has acquired a 51% stake in dialMKT Corp., positioning itself in the $31 billion global watch market. dialMKT is developing a blockchain-powered digital ecosystem for watch enthusiasts, integrating content, e-commerce, and community. The platform includes a "CARFAX for watches" blockchain database, addressing authenticity and history concerns in the pre-owned watch market. dialMKT's e-commerce platform is set to launch within 30 days, targeting the important fourth-quarter holiday season. The acquisition leverages New World's blockchain expertise and dialMKT's growing social media audience through WatchReporter.com. With a current market cap of around $2 million, New World Solutions presents a potential ground-floor investment opportunity in the expanding watch market.

New World Solutions Inc. (CSE:NEWS, OTC PINK:REGRF, FSE:RT5) has announced its intention to amend the terms of outstanding common share purchase warrants issued on June 12, 2024. The amendment, effective September 17, 2024, will add an acceleration provision to the warrants. Currently, the warrants are exercisable at $0.05 per common share until June 12, 2026. The new provision allows the company to accelerate the expiration of half of the warrants if the volume-weighted average trading price of common shares on the Canadian Securities Exchange equals or exceeds $0.07 for ten consecutive trading days. In such cases, the company can notify warrant holders, accelerating the expiration to 30 days after the notice date.

New World Solutions Inc. (CSE:NEWS, OTC:REGRF) has successfully completed its acquisition of a 51% stake in dialMKT Corp, a company developing a digital ecosystem for the $31 billion global wristwatch market using blockchain technology. The transaction involved issuing 45,000,000 units to dialMKT Holdco shareholders, each unit consisting of one common share and 0.35 of a warrant. This strategic move aims to address challenges in the pre-owned watch market, such as authenticity verification and ownership history.

As part of the corporate update, Jacob Marks has been appointed to the board of directors and as chairman of New World. Following the acquisition, Marks now owns 37,500,000 common shares, representing 22.29% of outstanding shares.