Dlt Resolution Inc Stock Price, News & Analysis

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.

DLT Resolution Inc. (OTC PINK:DLTI) announced a preliminary agreement through its subsidiary Union Strategies with a Teachers Union in Ontario, Canada, bringing on a potential new client of over 1,500 members. Approval from the union's membership is pending at their upcoming General Meeting this October. If successful, Union Strategies will manage the union's media services, including website development and IT services. The company is optimistic about securing this account and is in discussions with several other unions for potential contracts this quarter.

DLT Resolution Inc. (OTC PINK:DLTI) has reported a significant increase in demand for its Vote YourChoice™ electronic voting system due to the COVID-19 pandemic. The company's Union Strategies division has conducted hundreds of elections in Ontario, adapting to restrictions that eliminated traditional ballot methods. The ongoing election process requires winners to secure over 50% of the votes, promoting secure remote voting. Management anticipates further adoption as unions increasingly recognize the benefits of the electronic system, projecting increased voter participation.