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DLT Resolution Inc. reports developments tied to its role as a U.S. publicly traded acquisition and growth company. Its updates cover operating subsidiaries and portfolio initiatives in telecommunications, global motor trade, finance, technology, and diversified business ownership transitions.
Recurring news themes for DLTI include DLT Telecom service expansion in Canada, Global Motor Trade International agency and alliance activity, LifeChain Financial's entry into U.S. life settlements, strategic investments in Web3 finance, and board or advisor appointments that support the company's acquisition-led operating model.
DLT Resolution Inc. (OTC PINK:DLTI) has announced that its Union Strategies division has secured a contract with a national Trans-local to use its YOUnified platform, which has over 2000 members across Canada. Following a successful election using the platform, the local decided to adopt YOUnified for member management. The platform offers features like call drops, e-blasts, and multilingual support. Additionally, the YOUnified platform includes Vote YourChoice™, aimed at enhancing secure online voting, anticipated to boost voter participation by up to 35%.
DLT Resolution Inc. (DLTI) announces enhancements to its YOUnified app, now offering translation services in 54 languages. This feature aims to facilitate communication among unions and their members, addressing language barriers effectively. The app streamlines union management tasks, including secure online voting via Vote YourChoice™, which aims to increase voter participation by 18% to 35%. With over 130 clients and plans for expansion into the USA, DLT Resolution continues to provide integrated solutions for union operations.
DLT Resolution Inc. (OTC PINK:DLTI) announces the launch of its proprietary Union Office, developed by its subsidiary, Union Strategies. This new service, part of the YOUnified platform, streamlines union operations by offering tools like text blasts, eblasts, call drops, and voting features under names like VoteMe and TextMe. The platform aims to enhance member engagement and reduce operational costs. The Vote YourChoice™ feature supports secure online voting, expected to boost participation by 18% to 35%. DLT is focused on expanding its services to support unions effectively.
DLT Resolution reported impressive financial results for 2020, highlighting a 366% increase in annual revenue to $2,161,000 compared to 2019. The fourth quarter alone saw revenue grow by 487% year-over-year, totaling $584,000. Notably, the company achieved a positive EBITDA of $78,000, a significant turnaround from a negative ($929,000) in 2019. The increase in revenue was driven by the acquisition of Union Strategies, Inc.. CEO John Wilkes expressed optimism about continued growth through expanded service offerings.
DLT Resolution Inc. (OTC PINK:DLTI) announces the opening of a new office in Moncton, New Brunswick, by its subsidiary Union Strategies. This strategic move aims to expand the deployment of YOUnified, their innovative software solution for unions, which has already seen success in other Canadian provinces. The Moncton office will engage with over 200 local unions, promoting YOUnified as a comprehensive platform designed to enhance member engagement and reduce operational costs. Additionally, the company is working to file its delayed 10-K Annual Report for the fiscal year ending December 31, 2020.
DLT Resolution Inc. (DLTI) announced strong demand for its YOUnified platform, launched in March 2021, designed for unions. Over the past week, 10 existing clients onboarded, with 2 new clients added and further demonstrations scheduled. The platform features tools for member engagement, communication, and operational efficiency, including push notifications and virtual meetings. DLT's President noted the platform’s adaptability for all age demographics, enhancing effectiveness and ease of use for union members. Union Strategies, with over 130 clients, aims to expand its services into the US market in 2021.
DLT Resolution Inc. (OTC PINK:DLTI) announced that its subsidiary, Union Strategies, is gaining traction with its YOUnified platform among union locals in Ontario. The platform aims to streamline union operations and enhance member engagement. Positive feedback has led to interest from more locals, with 6 new clients expected to onboard soon, including one from Alberta. Additionally, discussions are underway with a provincial union to potentially use YOUnified for 500 locals. Union Strategies has over 130 mid-market clients across Canada and plans expansion into the USA in 2021.
DLT Resolution (OTC PINK:DLTI) announced the launch of its subsidiary's app, YOUnified, designed to enhance communication within unions. The app integrates various functionalities to boost member engagement and reduce operational costs. Key features include push notifications, voting capabilities, and virtual meetings. The company's leadership expressed optimism about the app's potential to broaden their market reach across Canada and the USA, with a plan for continued updates to stakeholders.
DLT Resolution, Inc. (OTC PINK:DLTI) announced that its subsidiary, Union Strategies (USI), has successfully secured a new union local in Canada. This was achieved through the locals' satisfaction with USI's Vote YourChoice™ electronic election platform. Since its launch in June 2020, Vote YourChoice™ has seen significant demand, facilitating online voting for public sector unions and aiming to enhance voter participation by up to 35%. USI plans to expand its offerings further in new markets.
DLT Resolution Inc. (OTC PINK:DLTI) announced the addition of 5 public sector unions to its client list through its subsidiary, Union Strategies (USI). This growth is attributed to the successful implementation of the Vote YourChoice™ secure online voting system, which gained traction during the COVID-19 pandemic as traditional voting methods were challenged. With the demand for remote voting rising, USI reported a nearly 100% increase in election management since March 2020. This innovative solution aims to enhance voter participation by 18% to 35%, securing the company's standing in the evolving digital voting landscape.