Las Vegas, NV, April 22, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- DLT Resolution Inc. (OTC: DLTI), a Distributed Ledger Technology (“Blockchain”) Data Management, Information Technology and Telecommunications company, is pleased to provide the following update to its shareholders.
Filing of its 10-K filing for the period ending Dec 31, 2019
Management of DLT Resolution is working on concluding its 10K and is waiting on certain third-party reports relating to 2018 business combinations. As well, until recently, management outsourced its accounting function to a practitioners that was inherited in the acquisition of A.J.D Data. Upon recently retaining an external accounting firm with more depth we opted to harmonize our internal management reporting with our accounting systems. We are confident that we will have fulfilment in the near term and bring our corporate reporting current. The new harmonization of reporting will assist management in a number of key areas and will allow for future filings to be made in a more prompt and timely manner.
Meanwhile, we are aggressively pursuing new opportunities some of which we will address presently:
Business Development
Digitization and file management for professional firms.
Building upon the recent success of our digitization services through our wholly owned DLT Data Services Ltd., Management is developing an application that it expects to broadly appeal to professional firms that are required to retain physical files for an extended period of time. We intend to leverage an existing proprietary platform to add capabilities to significantly enhance our digitization services as it relates to professional firms. The Company expects to offer a centralized application for clients as well as a decentralized Distributed Ledger Technology (Blockchain) solution.
Ongoing Business Development.
The company is in discussions with a number of companies with the view of expanding distribution and sales for a variety of its products and services. Management expects to report further when we have concluded an undertaking.
About DLT Resolution Inc.
DLT Resolution Inc. currently operates in three high-tech industry segments: Blockchain Applications; Telecommunications; and Data Services which includes Image Capture, Data Collection, Data Phone Center Services, and Payment Processing. Its clients represent some of the top businesses from a variety of sectors. DLT Resolution helps organizations that have invoices, ledgers, statements, applications, surveys, employee and customer rewards programs and a wide range of other non-core functions benefit from data management. DLT Resolution also operates a Health Information Exchange providing the ability to request and retrieve medical information & records while meeting all of today's Security & Compliance demands for HIPAA, PIPEDA and PHIPA. Through RecordsBank.org, the Company offers an easy to use online gateway to its centralized system for patients, lawyers and insurers to retrieve and access medical records.
Learn more at: www.dltresolution.com
Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. Additional information respecting the factors that could materially affect the Company and its operations are contained in its annual report on Form 10K and Form 10-Q as filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement.