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Data Deposit Box Inc DDBXF

Technology
Data Deposit Box Inc develops and operates off-site computer data storage facilities and other business computer applications for commercial business customers in Canada. It offers continuous cloud backup; mobile backup; and email archiving services.


OTCPK:DDBXF - Post by User

Data Deposit Box Inc
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Post by emtrev99on Jan 11, 2018 11:23am
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Post# 27333177

news

news
Mr. Tim Jewell reports DATA DEPOSIT BOX ISSUES UPDATE ON WARRANT INCENTIVE PROGRAM Data Deposit Box Inc.'s warrant exercise incentive program has been very successful. The company has received over $1.2-million in proceeds from the exercise of warrants. Some of the proceeds were used to eliminate all outstanding debt and remove the GSA in place from the company's senior lender. Tim Jewell, chief executive officer of Data Deposit Box, said: "Our team has done a great job enhancing our core products and bringing new products to market. Being debt-free with a strong cash balance and cash flow positive will allow us to focus on our core business and our new lines of business (blockchain, secure e-mail archiving and LiveLink)."
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