Business
SoLVBL Solutions Inc. Provides Shareholders with 2022 Year End Update and Business Prospects for 2023
SoLVBL Solutions Inc. Provides Shareholders with 2022 Year End Update and Business Prospects for 2023.
About this update from Solvbl Solutions Inc.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - January 3, 2023) - SoLVBL Solutions Inc. (CSE: SOLV) (OTCQB: SOLBF) (\"SoLVBL\" or the \"Company\"), a blockchain powered cybersecurity Company that provides both immutable data authentication using advanced cryptography and WEB3.0 solutions for various industries, is pleased to provide investors its 2022-Year End update and its 2023 business outlook. This update affords an overview of the SoLVBL Solutions Inc. business including Q by SoLVBL™ and the acquisition in 2022 of DarkHorse Films Limited (\"Darkhorse\"). During the course of 2022 the Company fine-tuned its business development strategy, enhanced its business operations and successfully integrated a digital entertainment business. SoLVBL ended the 2022 calendar year on an operational high. While we continue to develop and bring Q by SoLVBL™ to profitability, the Company expects to generate revenue during Qtr. 1 2023. and will offer a wide range of digital services to a global audience including, movie productions and the sale of entertainment themed digital assets via a vertically integrated direct to customer \"D2C\" e-commerce platform. 2022 HIGHLIGHTS The Company closed its 100% acquisition of Darkhorse, a United Kingdom registered blockchain powered digital entertainment & e-commerce business. The Company was granted a U.S. Patent for its Digital Payment Instrument Authentication Seal, confirming that the intellectual property of the Company's flagship cryptographic cybersecurity product- Q by SoLVBL™ is both unique and will be protected.The Company signed its first Q by SoLVBLTM integration agreement with a leading UK multi branded CBD health & wellness group, Healthy Habit Limited, SurePure and NewU. The Company signed a landmark licensing agreement with one of North Americas leading production and film financing businesses, creating one of the world's largest FILM3.0 collaborations. The Company announced the 2023 launch of its WEB3.0 & FILM3.0 ecommerce platform, with a strong focus on revenue and profitability which the Company is set to showcase with its GrimeGorilla$ 14th edition digital collection.Paul Carroll – VP Business Origination SoLVBL commented: \"I'm pleased to say, the Company had its most positive year to date in terms of M&A, digital transformation and corporate stabil...