Las Vegas, NV, May 23, 2018 (GLOBE NEWSWIRE) -- DLT Resolution Inc. (OTC: DLTI), a Distributed Ledger Technology (“Blockchain”) and Information Technology company that services the healthcare and telecommunications industries, is pleased to announce strong sales growth and reporting of its first earnings.
In December 2017 management recorded a major milestone with the recording of its first sales since inception. While only USD $2,423, the sales have ramped up aggressively in the first quarter to USD $148,388 or up over 6,100% from the previous quarter.
Reaching another major milestone, the Company recorded its first earnings available to common shareholders of USD $10,915 for the quarter.
Sales growth was driven primarily from the company’s Secure Data Services division.
Management expects this strong sales growth to continue through the year.
The Company is also pleased to note the repayment of its last outstanding convertible note. This repayment retired this note protecting shareholders from additional dilution.
“Management is pleased and very much encouraged by our continued success in the roll out of secure data services in North America. We expect to continue strong sales growth throughout the year and are pursuing strategic acquisitions that can leverage this growth further. I believe we are in an exciting industry and in an exciting time. We are committed to striving to be a leader in our field and building long lasting shareholder value,” said John S. Wilkes, President of DLT Resolution Inc.
Management looks forward to updating its shareholders in coming news releases and filings.
About DLT Resolution Inc.
DLT Resolution Inc. provides Distributed Ledger Technology (“Blockchain”) and voice and data service management in Canada and the USA. Through its online portal RecordsBank.org, the company operates a HIPPA compliant health information exchange. The RecordsBank platform serves patients, Doctors, Insurers, and other third party's that request medical records in the United States and Canada. The exchange securely retrieves, stores and transfers medical records upon request. The Company also provides secure telecom and data services in Canada and the USA. Its clients represent some of the top businesses from a variety of sectors. These services are focused on document imaging, VoIP, virtual PBX, telemarketing, data entry, document management and all other back-end functions. 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.
Learn more about DLT Resolution and its operating divisions at:
DLT Resolution: www.DLTResolution.com
Resolution Telecom: www.ResolutionTelecom.com
A.J.D Data Services: www.ajddata.com
RecordsBank: www.RecordsBank.org
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.
Contact:
DLT Resolution Inc.
John S. Wilkes
702-796-6363