DiamondLake Withdraws from Unicoin Transaction, Reaffirms Commitment to SEC Compliance and Tokenization Strategy
DiamondLake Minerals (OTC:DLMI) has announced its withdrawal from the planned Unicoin transaction and terminated the Memorandum of Understanding following due diligence findings. The company's President, Michael Reynolds, emphasized their commitment to SEC compliance and thorough disclosure practices.
Despite this withdrawal, DiamondLake reaffirmed its strategic focus on tokenization of Securities and Real-World Assets (RWAs) in decentralized finance. The company plans to expand its technology stack and expertise across various industries while aligning with U.S. digital asset initiatives, including the Genius Act and U.S. Digital Asset Stockpile.
DiamondLake Minerals (OTC:DLMI) ha annunciato il ritiro dalla transazione Unicoin pianificata e la risoluzione del Memorandum of Understanding a seguito dei risultati della due diligence. Il presidente dell'azienda, Michael Reynolds, ha sottolineato l'impegno per la conformità SEC e pratiche di divulgazione accurate.
Nonostante questo ritiro, DiamondLake ha ribadito il proprio focus strategico sulla tokenizzazione di titoli e di Asset del Mondo Reale (RWAs) nella finanza decentralizzata. L'azienda intende ampliare la propria stack tecnologica e le competenze in vari settori, allineandosi con le iniziative statunitensi sugli asset digitali, incluso il Genius Act e lo Stockpile di Asset Digitali USA.
DiamondLake Minerals (OTC:DLMI) ha anunciado su retirada de la transacción planeada con Unicoin y la terminación del Memorando de Entendimiento tras los hallazgos de la debida diligencia. El presidente de la empresa, Michael Reynolds, enfatizó su compromiso con el cumplimiento de la SEC y prácticas de divulgación exhaustivas.
A pesar de esta retirada, DiamondLake reafirmó su enfoque estratégico en la tokenización de valores y de Activos del Mundo Real (RWAs) en las finanzas descentralizadas. La empresa planea ampliar su stack tecnológico y su experiencia en diversas industrias, alineándose con las iniciativas estadounidenses de activos digitales, incluyendo el Genius Act y la Reserva de Activos Digitales de EE. UU. (Stockpile).
DiamondLake Minerals (OTC:DLMI)가 Unicoin 거래 계획에서 철수하고 실사 결과를 반영한 양해각서(MOU)를 해지했다고 발표했습니다. 회사의 사장 마이클 레이놀즈는 SEC 준수 및 철저한 공시 관행에 대한 약속을 강조했습니다.
이 철수에도 불구하고 DiamondLake는 분산형 금융에서 증권 및 실물자산(RWAs)의 토큰화에 대한 전략적 초점을 재확인했습니다. 회사는 기술 스택과 전문 지식을 다양한 산업으로 확장하고, Genius Act와 미국 디지털 자산 전략과 같은 미국 디지털 자산 이니셔티브에 부합할 계획입니다.
DiamondLake Minerals (OTC:DLMI) a annoncé son retrait de la transaction Unicoin prévue et la résiliation du protocole d'accord à la suite des conclusions de la due diligence. Le président de l'entreprise, Michael Reynolds, a souligné son engagement envers la conformité à la SEC et des pratiques de divulgation approfondies.
Malgré ce retrait, DiamondLake a réaffirmé son orientation stratégique sur la tokenisation des valeurs et des actifs du monde réel (RWAs) dans la finance décentralisée. L'entreprise prévoit d'étendre sa pile technologique et son expertise dans divers secteurs tout en s'alignant sur les initiatives américaines en matière d'actifs numériques, y compris le Genius Act et le Stockpile d'actifs numériques américain.
DiamondLake Minerals (OTC:DLMI) hat seinen Rückzug aus der geplanten Unicoin-Transaktion und die Beendigung des Absichtserklärungsvertrags nach den Ergebnissen der Due-Diligence bekannt gegeben. Der Präsident des Unternehmens, Michael Reynolds, hob sein Engagement für SEC-Compliance und gründliche Offenlegungspraktiken hervor.
Trotz dieses Rückzugs bekräftigte DiamondLake seinen strategischen Fokus auf Tokenisierung von Wertpapieren und Real-World Assets (RWAs) im dezentralen Finanzwesen. Das Unternehmen plant, seinen Technologiestack und seine Expertise in verschiedenen Branchen auszubauen und sich dabei an US-Initiativen im Bereich digitaler Vermögenswerte auszurichten, einschließlich des Genius Act und des U.S. Digital Asset Stockpile.
DiamondLake Minerals (OTC:DLMI) أعلنت سحبها من صفقة Unicoin المخطط لها وإنهاء مذكرة التفاهم بعد نتائج العناية الواجبة. وأكد رئيس الشركة، مايكل راينولدز، التزامهم بـالامتثال لـSEC وممارسات الإفصاح الشاملة.
على الرغم من هذا السحب، أكدت DiamondLake تركيزها الاستراتيجي على ترميز الأوراق المالية والأصول الواقعية (RWAs) في التمويل اللامركزي. تخطط الشركة لتوسيع مجموعة تقنياتها وخبراتها عبر صناعات مختلفة مع التوافق مع مبادرات الولايات المتحدة للأصول الرقمية، بما في ذلك Genius Act وStockpile للأصول الرقمية الأمريكية.
DiamondLake Minerals (OTC:DLMI) 已宣布撤回计划中的 Unicoin 交易并终止谅解备忘录，理由是尽调发现的情况。公司总裁 Michael Reynolds 强调其致力于 遵守 SEC 要求和充分披露 的承诺。
尽管如此，DiamondLake 仍重申其在去中心化金融中的 证券和现实世界资产（RWAs）代币化 的战略重点。公司计划在各行业扩展其技术栈和专业知识，同时与美国数字资产倡议保持一致，包括 Genius Act 与美国数字资产储备计划（U.S. Digital Asset Stockpile）。
- Strong commitment to SEC compliance and regulatory standards
- Strategic focus on tokenization and decentralized finance remains intact
- Plans to expand technology services across multiple industries
- Alignment with U.S. digital asset initiatives and regulations
- Termination of Unicoin transaction and Memorandum of Understanding
- Due diligence findings revealed unfavorable aspects in the Unicoin deal
SALT LAKE CITY, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Diamond Lake Minerals, Inc. (OTC: DLMI) based upon our findings during due diligence DiamondLake is withdrawing from the Unicoin transaction and terminating the Memorandum of Understanding.
DiamondLake has attempted in good faith to pursue the Share Exchange with Unicoin however it was simply not possible based upon our findings. Thus, The Board of DiamondLake feels that it is in our shareholders best interest not to further pursue this transaction.
“Based upon my forty plus years of experience in the securities industry I feel that when it comes to SEC compliance DiamondLake will always err on the side of caution and disclosure and more disclosure,” stated Michael Reynolds, President DiamondLake Minerals, Inc. “We are constantly weighing risk against reward and often the risk and reward is controlled in the details.”
DiamondLake will continue to bring tokenization to Securities and Real-World Assets (RWAs) as decentralized finance and stable coins lead the way.
Stay tuned for exciting news on our bold plans to tokenize new industries opening investment opportunities to parties around the world. Simultaneously, we are bringing our tech stack and experience to a wide range of companies, industries and markets. Our digital financial technology combined with our leadership is in line with President Trump’s bold steps to ensure America remains the leader of the global economy.
Between the Genius Act and the U.S. Digital Asset Stockpile our market position can best be described as big and beautiful. As Trump 2.0 strengthens American leadership in digital financial technology we intend to represent that American leadership.
About DiamondLake:
Founded in Utah in 1954, Diamond Lake Minerals, Inc. (OTC: DLMI) is a multi- strategy operating company that specializes in the development and support of digital assets and SEC-registered security tokens. Our goal is to responsibly innovate and develop valuable traditional businesses and successfully combine them with the future of money and digital assets. Our mission is to bring back to the public markets timeless business principles that are focused on healthy sustainable growth and strong earnings that generate yields combined in a modern digital world creating value for our stakeholders. DLMI is positioning itself as an industry-agnostic leader in the digital asset and security token space.
Safe Harbor Statement
This release contains "forward-looking statements." Forward-looking statements also may be included in other publicly available documents issued by DLMI and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.
Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash, and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause DLMI’s actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but are not limited to economic conditions, changes in the laws or regulations, demand for DLMI’s products and services, the effects of competition, and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this press release.
Company Contact:
ir@diamondlakeminerals.com
https://diamondlakeminerals.com/
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