SoLVBL Solutions Inc. Shares Resume Trading and Provides Update on Its Business Lines
Toronto, Ontario--(Newsfile Corp. - July 3, 2023) - SoLVBL Solutions Inc. (CSE: SOLV) (OTCQB: SOLBF) (the "Company"), a blockchain focused technology company with an emphasis on creating and distributing digital entertainment products and applications sealed by its proprietary Q by SoLVBL software, is pleased to notify shareholders that as of 10:30am Friday 30th June 2023, SoLVBL Solutions Inc shares resumed trading.
As previously announced, on October 26, 2022 the Company completed the acquisition of Darkhorse Films Limited ("Darkhorse") adding a vertically integrated technology stack featuring multiple business lines complimenting its proprietary Q by SoLVBL™ cybersecurity software.
SoLVBL's operating business lines include:
- CYBERSECURITY: a proprietary blockchain underpinned platform, designed to provide digital records and authentication at very high speeds. By utilizing the Q by SoLVBL™ cybersecurity software to distribute film and digital content, ownership and royalty rights can be verified and authenticated using smart contracts in an open-source environment, creating certainty for the consumer and content creator.
- FILM MAKING AND DISTRIBUTION: the Company has multiple films in its production slate including "TALES FROM THE TRAP" a "based on true events" film showcasing tales of music and gangland culture.
- CONTENT CREATION & DISTRIBUTION: the Company creates third party digital content (B2B), and acts as a global distribution channel where sales of our clients' digital assets can take place. We operate this business vertical on both a fee for service (fixed and hourly rates) and on a traditional revenue share basis.
- E-COMMERCE & PAYMENT PROCESSING: the Company operates an open-source marketplace, underpinned by blockchain technology. Darkhorse can generate revenue in the early stage of the film production lifecycle by selling content that offers access to film stars, film premieres, film set experiences, physical and digital merchandise, and in some cases digital versions of a film.
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This News Release is available on the Company's official and Verified Discussion Forum AGORACOM, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders. For more information visit: https://agoracom.com/ir/SoLVBLSolutionsInc.
About SoLVBL Solutions Inc: SoLVBL is an innovative blockchain powered cybersecurity and data authentication Company. The Company's mission is to empower, better, faster decisions by developing a universal standard for establishing digital record authenticity. Q by SoLVBL™, is a proprietary technology platform of the Company, designed to be easy to use and adopt, economically priced and provide digital record authentication at very high speed. Q by SoLVBL™ allows organizations to establish trust in their data.
About Darkhorse: Darkhorse is a diversified blockchain powers business to business ("B2B") and where applicable a direct to consumer ("D2C") digital entertainment company. Via its movie production vertical, the company aims to produce independent films and disseminate across worldwide streaming services. Via its content creation studio, the company develops and releases for purchase limited edition and rare movie, sport and art themed digital collections. Capitalising on its partners infrastructure, the company also offers a B2B monetization facility.
For Further Information, Contact:
SoLVBL Solutions Inc.
100 King Street West, Suite 5700 Toronto, ON, M5X 1C7
The CSE has neither approved nor disapproved the contents of this press release.
Cautionary Note Regarding Forward-looking Information
NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon several estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include but are not limited to the ability of the Company to successfully achieve its business objectives and expectations for other economic, business and/or competitive, factors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, SoLVBL assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required.
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