Item 8.01 Other Events
Reference is made to the order of the U.S. Securities and Exchange Commission,
dated March 25, 2020: Order Under Section 36 of the Securities Exchange Act of
1934 Modifying Exemptions from the Reporting and Proxy Delivery Requirements for
Public Companies (Release No. 34-88465)(the "Order"). The Order extends the
deadlines for filing certain reports made under the Securities Exchange Act of
1934 (the "Exchange Act"), including quarter reports on Form 10-K, for
registrants subject to the reporting obligations under the Exchange Act that
have been impacted by the novel coronavirus disease, COVID-19, and which reports
have filing deadlines between March 1 and July 1, 2020.
In accordance with the provisions of the Order, DLT Resolution, Inc. ("DLT" or
the "Company") hereby provides notice that the Company will be relying on the
Order because it is unable to meet its filing deadline for its Quarterly Report
on Form 10-Q, due on May15, 2020. The Company is headquartered in the State of
Nevada. On March 12, 2020 a state of emergency was declared within the entire
state of Nevada, (the "Declaration"). The Declaration and subsequent amendments
recommend "social distancing" in the workplace and certain other measures to
prevent the further spread of COVID-19. Due to these measures and
recommendations, and to protect employees from the spread of COVID-19, the
Company has encouraged or mandated that employees work remotely. As a result of
these measures, the routine efforts of the Company's accounting and finance
personnel to prepare the Company's financial statements and disclosures have
taken a greater amount of time and the Company is unable to finalize and file
its Quarterly Report on Form 10-K on a timely basis. The Company estimates that
it will be able to file its Quarterly Report on Form 10-Q by no later than June
15, 2020.
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