DLT Resolution Inc. (DLTI)

[ATCrunch]

Bad conflict of interest going on here.

doing business with a relative I see? James Cao and Michael Cao?
http://www.bloomberg.com/research/stocks/people/person.asp?personId=289021192&ticker=HCRE

and Michael Cao
http://www.ultroid.com/team/

On May 19, 2015 the Company licensed perpetual rights to use Ultroid Marketing Development Corp’s products and the trade name “Ultroid System”. The rights will allow the Company to enter into the clinical treatment of Hemorrhoidal Maladies. Amongst several other attributes, the Products are non-invasive and provide fast and effective relief in the treatment of Hemorrhoids. In consideration for the assignment of these rights, the Company prepaid Ultroid Marketing Development Corp., the Licensor $100,000 for an initial order of forty (40) Ultroid Hemorrhoid Management Systems. The prepayment was satisfied in the form of equivalent value of Series A 12% preferred shares of the Licensee. Said Preferred shares contain conversion privilege into the Company's common stock at a conversion price of $.001 per share.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=10873511-1220-7042&type=sect&TabIndex=2&companyid=766916&ppu=%252fdefault.aspx%253fcik%253d1420368

This isn't the first time this has happened in this stock. These guys just shuffle issued shares between companies and themselves. Been doing it for the last 5 years as far as I can tell.

John Wilkes
http://www.4-traders.com/business-leaders/John-Wilkes-0B6V0H-E/biography/

Dr. Luc C. Duchesne
http://www.4-traders.com/business-leaders/Luc-Duchesne-09SS3S-E/biography/

Martin Baldwin
http://www.4-traders.com/business-leaders/Martin-Baldwin-08BFSH-E/biography/

Gilles A. Trahan
http://www.4-traders.com/business-leaders/Gilles-Trahan-0035D9-E/biography/

This is the history of your company

First Filing where Martin Baldwin and Gilles Trahan buy the company and do business with a company called MSE Environ-Tech Corp(5 million dollar note). Gilles is in control of MSE the website says(conflict of interest?). http://www.mseenviro-tech.com/contact.html
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6910495-1056-8625&type=sect&TabIndex=2&companyid=766916&ppu=%252fdefault.aspx%253fcompanyid%253d766916

"In November 2009 MSE Enviro-Tech Corp ("MSE") assigned to the Company the rights to sell MSE's fire retardant products in the United States. In consideration for the assignment of these rights, the Company issued MSE a promissory note in the principal amount of $5,000,000.

The note bears interest at 6% per year, is unsecured, and is payable on November 16, 2012. At the option of the holder, the note can be converted into shares of the Company's common stock. The number of shares to be issued will be determined by dividing the amount of the note to be converted by $0.25."


Then the MSE contract goes under and cost a $252K termination fee.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7286072-947-48551&type=sect&TabIndex=2&companyid=766916&ppu=%252fdefault.aspx%253fcompanyid%253d766916
NOTE 10
On May 5, 2010 the Assignment of Contract Rights with MSE Enviro-Tech Corp. (“MEVT”) was terminated resulting in the Company being released from its debt obligation of $5,000,000 as well as relinquishing its rights to the Hartindo and Dectan products. This transaction will be accounted for in the Company’s Financial Statements for the three months ended June 30, 2010. The carrying values of the Intangible Assets – net ($4,884,360) and the Convertible Note Payable and Accrued Interest on Convertible Note Payable ($5,137,261) at May 5, 2010 will be eliminated and a gain on termination of agreement ($252,901) will be recognized

Because of this. bio carbon solutions is born. Luc Duchesne is now CEO and John Wilkes joins the party.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7752047-1075-63114&type=sect&TabIndex=2&companyid=766916&ppu=%252fdefault.aspx%253fcompanyid%253d766916
On January 25, 2011, Mr. Duchesne and Mr. Cormier were appointed directors and officers of the Company and Mr. Wilkes resigned his position of President and CEO of the Company. Mr Wilkes remained as director. Mr. Wilkes was granted options for 1,000,000 common stocks of the company exercisable within two years, exempt of the reverse stock split reported in 5.07.

Now hes playing with old Great rock dev company called Grid cloud solutions before it changed its name
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7906540-1192-76857&type=sect&TabIndex=2&companyid=766916&ppu=%252fdefault.aspx%253fcompanyid%253d766916

On March 27, 2011 the Corporation entered into a Memorandum of Agreement with Grid Cloud Solutions Inc (Pink: GRDC) to offer services for carbon accounting and trading for the clients of Grid Cloud Solutions Inc. Grid Cloud Solutions offers energy saving management service to various industrial and commercial clients. Under the Agreement the Corporation will offer carbon services to the clients of Grid Cloud Solutions Inc in exchange for 50% of the revenues generated. This introduction was generated by Dr Duchesne who is also a director and officer of Grid Cloud Solutions Inc. There is no direct benefit to Dr Duchesne for this introduction. No additional compensation was granted to Dr Duchesne

Did a ceo switch by here and a reverse split. Wilkes is down to cfo. Hired James Cao so he could do business with Ultroid. Also changing the name soon from NSU Resources Inc to Hemcare
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=10576358-1186-7148&type=sect&TabIndex=2&companyid=766916&ppu=%252fdefault.aspx%253fcompanyid%253d766916

Last filing showing more conflict of interest.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=10873511-1220-7042&type=sect&TabIndex=2&companyid=766916&ppu=%252fdefault.aspx%253fcompanyid%253d766916

On May 19, 2015 the Company licensed perpetual rights to use Ultroid Marketing Development Corp’s products and the trade name “Ultroid System”. The rights will allow the Company to enter into the clinical treatment of Hemorrhoidal Maladies. Amongst several other attributes, the Products are non-invasive and provide fast and effective relief in the treatment of Hemorrhoids. In consideration for the assignment of these rights, the Company prepaid Ultroid Marketing Development Corp., the Licensor $100,000 for an initial order of forty (40) Ultroid Hemorrhoid Management Systems. The prepayment was satisfied in the form of equivalent value of Series A 12% preferred shares of the Licensee. Said Preferred shares contain conversion privilege into the Company's common stock at a conversion price of $.001 per share.


Here is all the filings. I suggest you take a look at these
http://yahoo.brand.edgar-online.com/default.aspx?companyid=766916
and Great rock.
http://www.otcmarkets.com/financialReportViewer?symbol=GROC&id=41679
http://www.otcmarkets.com/stock/GROC/filings