Bullet Blockchain Announces Board and Executive Leadership Transition

RENO, NV, Dec. 13, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Bullet Blockchain, Inc. (“BULT” or the “Company”), (OTC: BULT), an emerging software development and SaaS company, specializing in blockchain technologies and Web 3.0, announced today a transition of its leadership at the board and executive levels.

Two new directors have been appointed to the Company’s Board of Directors: Yuri Abramov and Simon Rubin. In addition, Simon Rubin has been appointed as the Company’s new CEO. These directors will serve as part of the new leadership team that will help guide the Company in its efforts to develop long-term revenue and business opportunities relating to blockchain technologies.

The new leadership team will seek to capitalize on the newly acquired Bitcoin ATM Patents and IP portfolio. As previously announced, acquiring the Bitcoin ATM Patent allows BULT to proceed with several coveted licensing agreements and develop new services for the Bitcoin ATM industry.

These licenses include the manufacturers of Bitcoin ATMs and top owner-operators.  BULT will also look to introduce several licensing programs for Bitcoin ATM manufacturers, which will include a per-transaction licensing fee, revenue share, or partner program with owner-operators.

Information on our new directors:

Simon Rubin served as the Chairman of the Board of Directors for First Bitcoin Capital (OTC: BITCF) and Bots, Inc. (OTC: BTZI). Simon has over 10 years of experience in blockchain-related businesses and technologies.  Simon is a serial entrepreneur with a background in programming and web design and Real Estate with over 15 years of experience in healthcare equipment management. Simon is an avid cryptocurrency enthusiast and martial arts expert.

Yuri Abramov served on the Board of Directors for First Bitcoin Capital and Bots, Inc. (OTC: BTZI). Yuri received his Master of Science in Theoretical Physics from the Institute of Chemical Physics, Russian Federation. For more than three decades, Yuri has applied his superior analytical skills and expertise to advance the field of applied physics in his work as a mathematician, algorithms and software developer, engineer, and inventor. Yuri holds a Master of Science in Theoretical Physics and Chemical Physics from the Institute of Chemical Physics Yuri currently works in the field of Ultra-Wide Band Communication applied to coax-cable defects localization and holds several patents in the renewable energy field.