secwatch.observer — SEC 8-K summary
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Issuer:     DLT Resolution Inc. (DLTI)
CIK:        0001420368
Form:       8-K
Filed at:   2023-08-23T23:59:59+00:00
Accession:  0001477932-23-006429
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.01, 3.02, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

DLT Resolution sells two units for $1 each, raises $307K in private placements, appoints new CEO Drew Reid
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- Sold Union Strategies Inc. and DLT Data Services Ltd. for $1 each; full releases obtained on all claims.
- Raised $246,950 via 4.1M shares at $0.06 in Q1 2023; another $60,000 via 240K shares at $0.25 in July.
- Converted CAD $100K ($73K) debt into 292K shares at $0.25 per share in August 2023.
- Drew Reid appointed director, President, CEO, Secretary, Treasurer, CFO on Aug 16, 2023, replacing John Wilkes.
- Reid (55) with 34-year finance background; projected compensation $60K for 50% time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1420368/000147793223006429/0001477932-23-006429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1420368/000147793223006429/dlti_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-006429

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer