Bullet Blockchain Names Eric Novishin as Executive Vice President and Interim CFO

Wall Street firm and Crypto Veteran join forces with Bitcoin ATM patent holder to drive strategic growth

RENO, Nevada, Jan. 06, 2025 (GLOBE NEWSWIRE) — Bullet Blockchain, Inc. (“Bullet Blockchain” or the “Company”), Inc. (OTC: BULT), a transformative BaaS (Blockchain as a Service) leader in blockchain and Bitcoin ATM technologies, has appointed Eric Novishin as Executive Vice President and Interim CFO. As of now.

Mr. Novishin brings to the company more than 28 years of Wall Street and entrepreneurial experience. Throughout his career, Noveshen has financed both private and public companies, and has managed numerous companies inside and outside of the financial services space – including entertainment and restaurant business ventures and private equity funds. Mr. Novecin’s in-depth knowledge of intellectual property (IP) has allowed him to assist his clients and personal projects in creating protections for various types of intellectual property while also litigating to defend the IP. In 2013, Noveshen started Bitcoin mining as a hobby and parlayed those efforts by developing his Bitcoin mining hardware into international mining partnerships and providing “DeFi-type” financing services to cryptocurrency and blockchain entrepreneurs.

“Eric Novation brings to Bullet Blockchain a wealth of diverse experience,” said Simon Rubin, CEO of Bullet Blockchain Inc. “His knowledge of finance, operations, intellectual property, and technology make him ideally suited to guide Bullet through its next phase of growth.” And expansion in the market.

“First and foremost, I am a ‘pro-Bitcoin’, and over the years I have developed a strong working knowledge of cryptocurrencies, blockchain and Web3 systems,” said Eric Novichine, newly appointed Executive Vice President and Interim CFO. From Bullet Blockchain, Inc. “Combining this with nearly 30 years of Wall Street experience, I can confidently say that I have the resources to bring these worlds together ethically, efficiently, and effectively. To greater benefit the economic stability, growth, and future prosperity of Bullet. And what better way to do that than “The company owns the only USPTO patents for Bitcoin ATMs, which will help Bullet be at the forefront of increasing national adoption of cryptocurrencies and providing equitable access to the cryptocurrency market across America.”

“My first order of business will be to expand BULT’s revenue streams while streamlining the company’s accounting processes and enforcing Bullet’s intellectual property.”

This announcement comes on the heels of Bullet Blockchain has entered into a Memorandum of Understanding with Sailo Technologies CY Ltd (silo); It aims to appoint Bullet as Sailo’s exclusive partner in providing advanced cybersecurity solutions for Bitcoin ATMs across the US. The move helps not only protect and promote Bullet’s IP – part of Mr Noveshen’s specialty – but also protect cryptocurrency ATM customers across the country.

“I am very excited to join Bullet Blockchain at this pivotal stage,” Novishin concluded, “As we move forward into 2025, I will do everything I can to deliver value, trust, and opportunity to Bullet Blockchain and our stakeholders.”

Bullet Blockchain Intellectual Property

Bullet Blockchain continues to evolve its licensing initiatives, offering operators and manufacturers a variety of partnership models including transaction-based fees and revenue sharing opportunities centered around its intellectual property. As previously announced, Bullet Blockchain has acquired First Bitcoin Capital LLC, which owns an intellectual property portfolio consisting of the rights to two Bitcoin ATM patents, becoming the owner and licensor of this valuable asset. Under its subsidiary First Bitcoin Capital LLC, Bullet Blockchain’s intellectual property includes ownership and exclusive rights to U.S. Patent No. US9135787B1”Bitcoin Kiosk/ATM device and system that integrates the recording protocol and how to use it“(US9135787B1) and US10332205B1″The Bitcoin Kiosk/ATM device, its system, and how to use it” (US10332205B1)respectively. Bullet Blockchain’s block patents are patented technologies important to the operation of Bitcoin ATMs and networks.

About Bullet Blockchain

Bullet Blockchain Inc. is headquartered in In Reno, Nevada – its common stock is publicly traded on the OTC markets under the symbol (BULT) – a diversified software development and SaaS company, specializing in blockchain and Web 3.0 technologies, although its wholly-owned subsidiary, First Bitcoin Capital LLC, is the owner The licensor of two Bitcoin ATM patents. Bullet Blockchain is committed to driving the innovations needed to shape the future of digital and blockchain platforms through digital technology and decentralized blockchain solutions. Management is committed to rapid growth and increasing shareholder value.

Shareholders, potential investors and others should note that we announce material events and material financial information to shareholders and the public using our website and social media addresses listed below, as well as in our OTC Markets disclosures, press releases and public conferences. Calls and webcasting. We also use social media to communicate with our email subscribers and the public about Bullet Blockchain and other related services and information. Information we post on social media may be considered material information. Therefore, we encourage shareholders, media, and others interested in Bullet Blockchain to review the information we post on Bullet Blockchain’s social media channels listed below. This list may be updated from time to time.

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Forward-looking statements:

Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” These forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to differ materially from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to these factors, actual future performance, results and results may differ materially due to more general factors, including (without limitation) general industry and market conditions, growth rates, economic conditions and changes in governmental and public policies. The forward-looking statements contained in this press release represent the Company’s views as of the date of this press release, and such views could change at some time in the future. However, the company specifically denies any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “believes,” “expects,” “anticipates,” “intends,” and “intends.” , “expects”, “expects”, “intends”, “intends”, “anticipates”, “expects”, “plans” and “plan” are uncertain and look to the future.

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