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Time to SPRING FORWARD!!!!!!!
Latest 8-K not reflected on I-Hub. But it is on OTC Markets and Edger.
So DLT has indeed closed the acquisition. I guess we will see the audited numbers of the company and acquired company in a month or so.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12496841/content/html
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Acquisition of A.J.D. Data Services Ltd.
On January 21, 2018, DLT Resolution Inc. (the “ Company ” or “ we ”) entered into and closed the transactions contemplated by the definitive stock purchase agreement and plan of re-organisation (share for share exchange) (the “ Stock Purchase Agreement ”) by and among the Company, A.J.D. Data Services Ltd., a limited liability company organized under the laws of Ontario (“ A.J.D. Data ”), the stockholders of A.J.D. Data (“ Stockholders ”) and other parties signatory thereto to acquire 80 shares, representing 80% of the issued and outstanding capital stock of A.J.D. Data for 525,000 restricted common shares of DLT Resolution. The acquisition is intended to be part of a tax free share for share exchange which will see DLT Resolution issuing restricted common shares on closing and an additional 3,675,000 restricted common shares upon meeting the following milestones:
·
1,050,000 Shares upon A.J.D Data Services reaching $500,000 in gross sales
·
1,050,000 Shares upon A.J.D Data Services reaching $1,000,000 in cumulated gross sales
·
525,000 Shares upon A.J.D Data Services reaching $1,500,000 in cumulated gross sales with $100,000 in pre-tax earnings
·
525,000 Shares upon A.J.D Data Services reaching $2,000,000 in cumulated gross sales with $150,000 in pre-tax earnings
·
525,000 Shares upon A.J.D Data Services reaching $2,500,000 in cumulated gross sales with $200,000 in pre-tax earnings
While there can be no assurance, based on the current run rate management estimates the majority of these milestones to be reached within 2018. In compliance with the Exchange Act, the shares will be issued under applicable exemption from registration and will contain substantial resale restrictions.
The Stock Purchase Agreement contains customary representations, warranties and covenants by A.J.D. Data, as well as customary indemnification provisions among the parties.
Prior to the transactions described in this Current Report on Form 8-K, there were no material relationships between the Company or A.J.D. Data or any affiliate of A.J.D. Data and the Company, other than pertaining to the Acquisition.
The foregoing summary of the Stock Purchase Agreement is not complete and is qualified in its entirety by reference to the complete text of the definitive agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference. The Stock Purchase Agreement is filed as an exhibit to this report in order to provide investors and shareholders with information regarding its terms. It is not intended to provide any other factual information about the Company or any of the other parties thereto. In particular, the assertions embodied in the representations and warranties contained in the Stock Purchase Agreement are given only as of the dates specified in the agreement and are qualified by information contained in confidential disclosure schedules provided by the parties. Accordingly, investors should not rely on the representations and warranties in the Stock Purchase Agreement as characterizations of the actual state of facts or condition of the Company, A.J.D. Data, the Sellers or any other party to the Stock Purchase Agreement.
ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
The information in Item 1.01 set forth above is incorporated herein by reference.
Looking for the JUICE!! Let’s POP!
believe shares being locked down huge move coming dollars $$$ DLTI
SOLID LEADERSHIP! Poised!!
DLTI tiny floater making a move here .65s
holding lotto tix here DLTI let see a NASDAQ uplist
Oh sorry that was just the name change 8k. I saw it at the top of this and assumed it was related to the deal. This is why we should read things. LOL
Current report Form 8k out. Looks like they closed the deal!
News :
" DLT Resolution to acquire 80% of fast growing Canadian start-up A.J.D. Data Services Ltd."
" LAS VEGAS, NV - (NewMediaWire) - January 25, 2018 - DLT Resolution Inc. (OTC: DLTI), a blockchain technology and data services company providing distributed ledger technology that currently services the healthcare and telecommunications industries, is pleased to announce the acquisition of an 80% interest in A.J.D. Data Services Ltd.
The acquisition is part of a tax free share for share exchange which will see DLT Resolution issuing 525,000 restricted common shares on closing and an additional 3,675,000 shares upon meeting the following milestones:
* 1,050,000 Shares upon A.J.D. Data Services reaching $500,000 in gross sales
* 1,050,000 Shares upon A.J.D. Data Services reaching $1,000,000 in cumulative gross sales
* 525,000 Shares upon A.J.D. Data Services reaching $1,500,000 in cumulative gross sales with $100,000 in pre-tax earnings
* 525,000 Shares upon A.J.D. Data Services reaching $2,000,000 in cumulative gross sales with $150,000 in pre-tax earnings
* 525,000 Shares upon A.J.D. Data Services reaching $2,500,000 in cumulative gross sales with $200,000 in pre-tax earnings
Based on the current run rate, management expects the majority of these milestones to be reached within fiscal 2018. In compliance with the Exchange Act, the shares will be issued under applicable exemption from registration and will contain substantial resale restrictions. An audit and valuation on A.J.D. Data Services are expected to commence shortly and a Super 8k will be issued upon completion of same.
"In addition to the tremendous experience and aggressive growth that A.J.D. Data Services brings to our company, Blockchain integration is the natural progression for the data service industry. We feel the cross-pollination of our companies can leverage tremendous growth in the near future," said John S. Wilkes, President of DLT Resolution Inc.
About A.J.D. Data Services Ltd.
- A one-stop-shop resource for secure data management solutions.
Founded in December 2017 by 40 year industry veterans, A.J.D. Data Services recorded sales of CAD $127,000 in its first two weeks of operations. The founders, the Darbyson brothers, bring more than 70 years of combined industry experience of leading secure data service management in Canada and recently the USA. Its clients represent some of the country's top businesses from a variety of sectors. Focused on document imaging, telemarketing, data entry, document management and all other back-end functions, A.J.D. Data Services customers can expect excellent and friendly service, innovative equipment and technology, rock-solid security and cost-effective solutions. The demand for A.J.D. Data Services continues to grow. Companies that have invoices, ledgers, statements, applications, surveys, employee and customer rewards programs, applications and a wide range of other non-core functions all benefit from data management. "
January 11, 2018. Las Vegas, NV - DLT Resolution Inc. (OTC: HCRED) a blockchain technology company providing distributed ledger technology that services the healthcare and telecommunications industries, is pleased to report a number of milestones reached in the month of December.
DLT Resolution in Canada
Expanding outside the United States for the first time, the Company has entered the Canadian market with the creation of DLT Resolution Corp. The newly incorporated subsidiary will focus on blockchain solutions within the telecommunications and health care industries.
Monetisation of model
In addition to this new international market milestone, the company reached another major milestone with the recording of its first sales since the inception of the company. While the sales were small at approximately $3,000 for December, this was a much anticipated milestone and a confirmation of the company’s new business model as we move into the new year. Management fully expects this number to grow substantially over the coming months.
Acquisition
Management is also pleased to report that it is in negotiations to acquire a fast growing data services company with substantial sales. To this end, a non-binding agreement has been signed and we expect to announce more news on this acquisition in the coming weeks.
Blockchain Development
The Company continues to focus on the transition of its health information exchange into a full blockchain solution and expects to announce more details including the release of our white paper in the coming weeks.
Commenting on the recent developments, Mr. John S. Wilkes, President of DLT Resolution Inc. stated “Management is delighted with the year-end progress we have achieved. After a year of development of our health information exchange portal and the implementation of blockchain in efforts to ensure privacy and security in this space, we are now starting to see the fruits of our labor". Added Mr. Wilkes, "with sales demonstrating steady growth coupled with an increased interest in our blockchain solution and a potential acquisition to round out our offerings and to add significant revenues to the company, we are very excited with the prospects ahead. While we have reduced our debt dramatically, we have also set the stage for significant growth so as to enhance shareholder value".
New Trading Symbol
The Company’s current temporary trading symbol “HCRED” is expected to change on January 19, 2018. The Company has requested from the Financial Industry Regulatory Authority, Inc. (FINRA) the new symbol “DLTI” which better reflects the Company’s name. Management will announce this change upon receiving notice.
About DLT Resolution Inc.
DLT Resolution Inc. provides blockchain distributed ledger technology that services the healthcare and telecommunications industries. Through its online portal, RecordsBank.org, the company operates a HIPPA compliant health information exchange. The Company's current platform securely retrieves, stores and transfers medical records. DLT Resolution serves patients, Doctors, insurers, and third party requester of records in the United States and Canada. For more information visit: 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 publically update or revise any forward-looking statement.
Contact:
DLT Resolution Inc.
www.dltresolution.com
Tel. (702) 796-6363
Tags:
blockchain
BTC
ETH
ICO
Coin
DLTI DD: Healthcare Block Chain super low floater, $$$ land on update quickly https://twitter.com/dlt_resolution https://www.dltresolution.com/ https://www.dltresolution.com/news "An investment in knowledge pays the best interest."
- Benjamin Franklin
The Company's common shares are traded publicly in the USA under the symbol: "HCRED" *to change on Jan 19, 2018
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Trading symbol: HCRED *to change on Jan 19, 2018
Cusip No.: 23342U 102
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Issued & Outstanding: 17,522,822
Authorized 275,000,000
?
SEC Reporting Issuer
Fiscal Year End: Dec 31
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Auditor:
Pritchett, Siler & Hardy PC
1438 North Highway 89 Ste 130
Farmington, UT 84025
?
Transfer Agent:
Pacific Stock Transfer Company
6725 Via Austi Pkwy, Suite 300
Las Vegas NV 89119
T. (702) 361-3033
ok got my shares today lets see dollarland now DLTI
HCRED: effective Jan. 19,2018 HCRED will change to DLTI:
http://otce.finra.org/DLSymbolNameChanges
I’M IN! Great start to 2018.
NEWS OUT! Sales, new markets and acquisition. Not bad end of year to say the least.
DLT Resolution Enters Canadian Market, Records First Sales and Provides Shareholder Update
January 11, 2018. Las Vegas, NV - DLT Resolution Inc. (OTC: HCRED) a blockchain technology company providing distributed ledger technology that services the healthcare and telecommunications industries, is pleased to report a number of milestones reached in the month of December.
DLT Resolution in Canada
Expanding outside the United States for the first time, the Company has entered the Canadian market with the creation of DLT Resolution Corp. The newly incorporated subsidiary will focus on blockchain solutions within the telecommunications and health care industries.
Monetisation of model
In addition to this new international market milestone, the company reached another major milestone with the recording of its first sales since the inception of the company. While the sales were small at approximately $3,000 for December, this was a much anticipated milestone and a confirmation of the company’s new business model as we move into the new year. Management fully expects this number to grow substantially over the coming months.
Acquisition
Management is also pleased to report that it is in negotiations to acquire a fast growing data services company with substantial sales. To this end, a non-binding agreement has been signed and we expect to announce more news on this acquisition in the coming weeks.
Blockchain Development
The Company continues to focus on the transition of its health information exchange into a full blockchain solution and expects to announce more details including the release of our white paper in the coming weeks.
Commenting on the recent developments, Mr. John S. Wilkes, President of DLT Resolution Inc. stated “Management is delighted with the year-end progress we have achieved. After a year of development of our health information exchange portal and the implementation of blockchain in efforts to ensure privacy and security in this space, we are now starting to see the fruits of our labor". Added Mr. Wilkes, "with sales demonstrating steady growth coupled with an increased interest in our blockchain solution and a potential acquisition to round out our offerings and to add significant revenues to the company, we are very excited with the prospects ahead. While we have reduced our debt dramatically, we have also set the stage for significant growth so as to enhance shareholder value".
New Trading Symbol
The Company’s current temporary trading symbol “HCRED” is expected to change on January 19, 2018. The Company has requested from the Financial Industry Regulatory Authority, Inc. (FINRA) the new symbol “DLTI” which better reflects the Company’s name. Management will announce this change upon receiving notice.
About DLT Resolution Inc.
DLT Resolution Inc. provides blockchain distributed ledger technology that services the healthcare and telecommunications industries. Through its online portal, RecordsBank.org, the company operates a HIPPA compliant health information exchange. The Company's current platform securely retrieves, stores and transfers medical records. DLT Resolution serves patients, Doctors, insurers, and third party requester of records in the United States and Canada. For more information visit: www.dltresolution.com
Based on the prints at the bid today nonreducing the bid size I suspect these were short sales also.
We will find out tomorrow.
According to this report when this trades the majority of the sells are short sales...
http://otcshortreport.com/company/HCRED
markets are closed u can only go by trading hours
I am new to this. Can someone help me understand how and why my quickens shows this trading at 504.84 per share? i then go to my ameritrade account and it shows bid at .01 and ask at 5,000.84. I'm just looking for some understanding. Thank you
Has anyone received their 100 shares ?
Hemcare Health Services Inc. changed to DLT Resolution Inc. and a one for 10 reverse split:
http://otce.finra.org/DLSymbolNameChanges
Comments
Fractional shares rounded up to the nearest whole share. Lots of less than 100 shares will be rounded up to 100. so buying 1 share should get me 100 it worked a few years back on another that did this lets see http://otce.finra.org/DailyList
8-K out 10:1 Reverse stock split and name change.
With the Cao's? " Interesting"? You mean slippery and conniving? I believe they have totally removed them from the company. I sure hope so at least!
Have they removed all traces of the Cao clan?? They seem quite interesting as I have had direct contact with them.
its over due thats for sure, so hoping to see some soon
Need some break out news!
Attention Moderators / admin. Please remove my posts 132o, 1321 and 1322. I believe I misidentified individuals.
HCRE is way under the radar, need to keep an eye on this one!
a little good news will go a long way for HCRE
HCRE Hemcare Health service pretty quiet in advance of good news!
looks like HCRE ready to make another move
I share your sentiment. I see the seller with the 100k block finallyy just put in a market sell order. I guess he was impatient. Looks like there is less than 100k on the offer to get back to .07.
We need some good news and this could run again.
Looks like this bottomed out. Appears CDEL has been screwing with this. They must not have covered from the naked selling on the last big run.
Nathaniel Rossique and his brother Abdiel Adam Rossique - are promoting a bunch of companies I have come to learn. It appears they partner on deals so one person can pay for promotion while the other one sells.
Some of the companies they operate as are:
Infinit Investments
Just Marketing Group http://www.justmg.com/
Nathaniel Securities Inc.
IR PRO, 2.0, INC.
The 2 brother pictures and police arrests info are available at: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110090537
Nathaniel Rossique 's adresse for the time being is:
1908 Sweetwater Country Club Drive
Apopka, Fl 32712
However his pump & dump activities include women and his children's mother is also being dumped now. So this address may change.
Infinite Investments / Nathanael Rossique appears to have paid $25,000 to have 3 groups send out newsletters on October 2nd. So he must have a big position he has or had and was trying to get out of.
Promoter: PennyPicks.net
Compensation: We have been compensated $25k cash via bank wire by a third party, ACN, LLC, to conduct investor relations advertising and marketing for HCRE.
Promoter: Damn Good Penny Picks
Compensation: We have been compensated $25k cash via bank wire by a third party, ACN, LLC, to conduct investor relations advertising and marketing for HCRE.
Date: 10/2/2017
Promoter: Beat Penny Stocks
Compensation: We have been compensated $25k cash via bank wire by a third party, ACN, LLC, to conduct investor relations advertising and marketing for HCRE.
Date: 10/2/2017
According to Ed at ACN they were paid by Rossique/ Infinite Investments.
Who is Infinite Investments? It appears it is run by Nate Rossique.
Anyone have any info?
As much as can be. They Seem legit and very goal oriented....tried diligently to correct the disaster created by the dishonest Cao clan! Appear to be very forward thinking!!!
Has anyone on this board done their DD on the board of HCRE?
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