Business
Bell Buckle Holdings, Inc. Terminates 3a10 Obligations, Eliminating Hundreds of Millions of Potential Shares and Preserving Shareholder Equity
Bell Buckle Holdings, Inc. Terminates 3a10 Obligations, Eliminating Hundreds of Millions of Potential Shares and Preserving Shareholder Equity.
About this update from Bell Buckle Holdings, Inc.
[{"type":"text","content":"Las Vegas, NV — August 3, 2025 Bell Buckle Holdings, Inc. (OTC: BLLB) today announced the execution of a binding Amendment to its Settlement Agreement with EROP Enterprises, LLC (“EROP”) and Xcelerated Revenue LLC (“XcelRev”), resulting in the permanent termination of any and all obligations to issue additional shares of BLLB common stock under the prior settlement terms.\r\nThis strategic amendment represents a significant win for all BLLB shareholders by preventing the issuance of hundreds of millions of free-trading shares that would have otherwise been due under the original agreement dated March 7, 2022.\r\n“This is a defining moment for Bell Buckle Holdings,” said Peter Klamka, interim CEO. “By terminating this toxic overhang of the past four years, we’ve preserved the integrity of our capital structure, protected current and future shareholders, and reset the playing field to finally execute our plans.”\r\nThis settlement resolves a substantial legacy liability that resulted in almost non-stop dilution over the past four years. Unlike the majority of small-cap companies today, BLLB has no convertible debt of any kind. As a result, the Company believes it is positioned for strategic partnerships, acquisitions, and financing, if needed, under very favorable conditions.\r\nThe Company currently owns the MORE token, as well as an equity interest and revenue participation agreement in Fanalytics.ai — a leading AI engagement service for creators.\r\nManagement expects to announce significant corporate developments now that it can execute its business without the threat of crippling dilution. \r\nAbout Bell Buckle Holdings, Inc.\r\nBell Buckle Holdings (OTC: BLLB) is a publicly traded company focused on the convergence of digital assets, nightlife, AI applications, and creator economy infrastructure. Through its subsidiaries and brand partnerships—including the MORE brand—BLLB is building platforms that enable access, exclusivity, and monetization across crypto, entertainment, and Web3 markets.\r\nFor more information, visit www.bllbinc.com\r\nInvestor Relations\r\[email protected]\r\n\r\n\r\n\r\nForward-Looking Statements\r\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. These statements are based ...