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Bell Buckle Holdings, Inc. (OTCMKTS:BLLB) has successfully licensed its Artificial Intelligence modeling and simulation VLE software, valued at over $25 million. The deal includes an annual recurring licensing fee of $25,000 and a revenue-sharing component. The software has various applications, with a significant impact on helping the oil and gas and chemical industries reach Net-zero.
The global oil and gas industry's profits jumped to $4 trillion in 2022, up from an average of $1.5 trillion in recent years. The U.S. chemical industry, including pharmaceuticals, had chemical shipments valued at nearly $770 billion in 2021. BLLB also announced the resignation of former COO Lori Hart and welcomed new CFO Tobias Felder, who brings over 35 years of experience in corporate finance, accounting, operations, and compliance.
Bell Buckle Holdings, Inc. announces a merger with Green Mantis to acquire 100% ownership. The merger involves key shareholders and plans to launch unique high-tech products and services in the market, including a Neural Network based Investment Management system. Green Mantis also has projects in wind-turbine design, 3D Metal Printing Device, and real estate development division. The company welcomes new board members with extensive experience to drive positive impact.
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Bell Buckle Holdings (OTC PINK:BLLB) announced a successful summer for its acquisition, Jump Start Sports, with nearly 10,000 registered participants and a revenue of $949,325 for the first half of 2022, translating to a profit of $564,954. The company is excited about Jump Start Sports' growth and plans to franchise it across the U.S., targeting rapid expansion beyond its current 100 locations serving 15,000 children annually. Notably, the founder was appointed to the Board, indicating strong leadership support for future growth.
Bell Buckle Holdings (OTC Pink: BLLB) provided a shareholder update on its 2022 progress, highlighting plans to acquire nearly $20 million in various debt assets. By leveraging partnerships with law firms and consultants, the company aims to convert these debts into cash assets at significant discounts. Additionally, Bell Buckle is exploring a merger or acquisition with two tech firms, focusing on debt resolution tools. The management team is equipped to drive growth if these deals materialize. More updates will follow as developments occur.
Bell Buckle Holdings (OTC Pink: BLLB) announced the removal of the Caveat Emptor designation, achieving full "Pink Current" status with OTC Markets. CEO Kim Halvorson emphasized the milestone as a testament to shareholder patience and the company's dedication to rebuilding trust. This status allows the company to move forward with a stable future. The press release highlights ongoing efforts to adhere to best practices and disclosure guidelines while fostering a transparent relationship with shareholders.