Data Deposit Box Inc DDBXF

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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)."