Debt Resolve Inc (DRSV) 0.0150 $DRSV Debt Resol
Post# of 273249
Debt Resolve Announces CEO Stan Freimuth Stepping Down
ACCESSWIRE - Tue Apr 26, 1:00PM CDT
WHITE PLAINS, NY / ACCESSWIRE / April 26, 2016 / The Board of Directors of Debt Resolve Inc. (OTC Pink: DRSV) announced today that Stan Freimuth will be stepping down from his position as Chief Executive Officer effective May 15 2016. He will remain as a member of the Board of Directors of the Company and will continue in a consulting capacity to assist in the transition to his replacement, Bruce Bellmare, who will assume the new role as Chief Executive Officer on May 16 2016. Mr. Bellmare is currently Chief Operating Officer of the Company.
Debt Resolve Names Bruce Bellmare Chief Operating Officer
ACCESSWIRE - Fri Feb 05, 11:42AM CST
WHITE PLAINS, NY / ACCESSWIRE / February 5, 2016 / Debt Resolve Inc. (OTC Pink: DRSV) announced today the appointment of Bruce E. Bellmare as Chief Operating Officer effective February 1st, 2016. Mr. Bellmare, 66, is a seasoned senior executive experienced in the successful development and marketing of technology products, as well as serving in previous financial management roles including Chief Financial Officer.
Debt Resolve Reports Continued Growth in Sales and Operating Income
ACCESSWIRE - Tue Nov 17, 11:45AM CST
WHITE PLAINS, NY / ACCESSWIRE / November 17, 2015 / Debt Resolve, Inc. (OTC Pink: DRSV) today announced that its Form 10-Q filing for Q3 2015 reported unaudited record quarterly revenues of $2,242,686, an increase of 56% over the previous quarter, which at that time was the Company's highest revenue quarter. Operating income for the quarter was a record $520,673, an increase of 88% over the previous quarter which was also a record quarter at that time. Net income (loss) for the quarter was $(1,431,702), a reduction in earnings from the $627,187 reported in the previous quarter. This third quarter result reflected an excess derivative liability expense of $1,238,479 as compared to a gain of $267,532 in the previous quarter. The previous quarter also included a one-time gain of $650,319 from the settlement of debt during the second quarter. Excluding these items, the adjusted loss for the current quarter was $(193,223) versus the adjusted loss from the previous quarter of $(290,664). Management is in the process of addressing the excess derivative liability issue.
Debt Resolve Adds Mr. Sean Lucero to its Board of Directors
ACCESSWIRE - Tue Sep 01, 10:36AM CDT
WHITE PLAINS, NY / ACCESSWIRE / September 1, 2015 / Debt Resolve Inc. (PINKSHEETS: DRSV) is pleased to announce the addition of Mr. Sean Lucero to its Board of Directors effective August 25th 2015. Mr. Lucero, 42, is one of the founding members of LSH, LLC, which is Debt Resolve's partner in its majority owned joint venture, Progress Advocates LLC.
Debt Resolve Reports Record First Quarter Revenues
ACCESSWIRE - Thu May 21, 11:10AM CDT
WHITE PLAINS, NY / ACCESSWIRE / May 21, 2015 / Debt Resolve, Inc. (PINKSHEETS: DRSV) today announced that its Form 10-Q filing for Q1 2015 reported revenues of $470,093 which are by far the highest quarterly revenues in the company's history. These results are a strong indication that the company's new strategies, as laid out in its recent public filings, are working as planned.
Debt Resolve launches Progress Advocates LLC
ACCESSWIRE - Thu Dec 18, 7:31AM CST
White Plains, NY / ACCESSWIRE / December 18, 2014 / Debt Resolve, Inc. (OTCRSV) today announced the launch of Progress Advocates LLC, a joint venture formed in conjunction with LSH, LLC in Costa Mesa, California.