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Digital Distro, Inc. (OTC: UVSS) has announced a strategic pivot, exiting NFT and crypto initiatives to concentrate exclusively on film and music production. CEO Andrew Lane emphasized the company's strengths in these areas, stating they have projects in post-production with potential for significant returns. The company is finalizing its work on the soundtrack and videos for the film “Man in the White Van” and is also in post-production for “Keep Moving”, expected to release this summer. A roadmap for 2023 will detail upcoming projects and milestones. The company has no plans for reverse stock splits or blockchain ventures at this time.
Digital Distro, Inc. (OTC: UVSS) has signed a Memorandum of Understanding with Infinite Auctions, LLC to launch a cutting-edge platform for High-End Sports Memorabilia NFTs. Following months of development, the MOU enables further work on art design, film production, and transaction routing. Both companies plan to unveil their project at the Web 3 Expo in Las Vegas from October 10-13, 2022. Infinite Auctions, which focuses on high-value collectibles, is also set to be acquired by Medical Care Technologies, Inc. (OTC: MDCE). A Joint Venture Agreement for revenue distribution is underway.
Universal Systems, Inc./Digital Distro, Inc. (OTC: UVSS) provided significant updates regarding its film and music production ventures. The company finalized a Memorandum of Understanding with Concept Source, LLC, which is set to enhance art design and Web3 projects, with revenue distribution agreements anticipated by October 10, 2022. They successfully launched an NFT event ticketing system, proving their entry into a $54 billion market. Upcoming projects include the film 'Man in the White Van' and a dedicated Web3 news site, TheDailyCrypto.io, increasing online visibility.
Universal Systems, Inc. (OTC Pink: UVSS) announces the appointment of Alessandro Patti as Chief Technical Officer, a leader in the Web3, Blockchain, and NFT industries. CEO Andrew Lane highlights Patti's extensive experience and vision in driving new revenue streams for the company through consulting services in the metaverse and digitization. The company aims to generate profitable revenue through consulting and production, with a focus on royalty streams. No reverse split is planned, indicating stability in its share structure.
Universal Systems, Inc./Digital Distro (OTC Pink: UVSS) announces a joint venture with Mcap MediaWire to enhance digital media services. The collaboration aims to establish a full disclosure news service, offering diverse news and digital content. CEO Andrew Lane emphasized the benefits of this venture, which allows access to advanced technology without impacting existing shareholders. Additionally, the company is finalizing contractual duties for the film 'Man in the White Van' and exploring new revenue streams, including NFTs and royalties. No reverse stock split is planned amidst the name change.
Universal Systems, Inc./Digital Distro Solutions, Inc. (OTC Pink: UVSS) has achieved Pink Current status on OTC Markets, signaling enhanced transparency and operational diligence. CEO Andrew Lane highlighted the company's ongoing projects, including film production and NFT development. The company is set to generate revenue from upfront fees and expects a future stream of royalties from film and music production. Lane assured shareholders no reverse split is planned. The company aims to introduce significant digital solutions through its Digi Market in 1Q2022.
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