- Diamond Lake Minerals is a Utah-based leader in the digital asset and security token space, focused on building and distributing wealth through a smart model that combines holding multiple subsidiaries with targeted STOs (Security Token Offerings)
- A principal element of DLMI’s strategy is to attract traditional investors familiar with buying stock but generally digital asset-avoidant because of their unfamiliarity with new tech alternatives
- DLMI’s subsidiary holdings are based upon building a vertically integrated company that develops enterprises to the point they can become self-sufficient and can eventually be spun off into their own IPOs
- Under the company’s new and growing leadership, its market capitalization has rocketed from around $1 million to over $100 million in less than three months, and its stock jumped during the same period to nearly 12 times its historic value
Multi-strategy operating company Diamond Lake Minerals (OTC: DLMI) CEO Brian J. Esposito highlighted the company’s rapid early growth trajectory during a new interview with the Proactive Investors webcast, pointing out Diamond Lake’s market capitalization jump from “around a million dollars” to over $100 million in just a couple months’ time, and a big stock price increase during that period indicative of investors’ support of the company’s new vision and strategy.
“Multiple subsidiaries is the plan underneath our holdings,” Esposito told webcast host Steve Darling in the interview posted Nov. 20 (https://ibn.fm/DTl58). “The whole idea is wealth preservation, wealth enhancement for our shareholders, get these entities to be performing to their maximum capacity, with the assistance of our advisers and our great experienced management team that we keep adding to our arsenal be able to get these companies very profitable, get them to be extremely self-sufficient, and the idea is to spin them off into their own standalone IPO at some point.”
Each of the subsidiaries will also have a U.S. Securities and Exchange Commission (“SEC”)-registered security token offering (“STO”) designed to appeal to traditional investors who are otherwise unfamiliar with digital assets.
“Now these are the wealth of the world that don’t believe in things like crypto or digital assets or NFTs. They don’t know how to get involved, they’re intimidated by the process, but they know how to buy a stock, so we want to be that stock that they hold in their portfolio to say that they are supporting that industry and they’re actually investing into that space,” Esposito said.
“And the other aspect of it, having a security token offering in the market helps give us more capital to our holdings and it helps open up additional investors around the world to participate in the work that we’re doing,” he added.
DLMI is industry-agnostic, holding and working to acquire enterprises in dozens of sectors ranging from music and entertainment to real estate, healthcare and water accessibility. The company expects to redefine the conglomerate model for the 21st century with a focus on vertical integration, digital securities and sustainable growth.
DLMI will do so by pioneering a hybrid approach to traditional securities and security tokens, positioning itself as an authority in the market and demonstrating how its model can mitigate volatility while drawing in additional capital to support its initiatives and building investor confidence in the process.
In addition, for information on the company’s security token SEC regulated exchange partner INX, and the development of the INX Way, visit https://www.inx.co/inx-ebook/. This free security token bible, written with the SEC on the rollout of security tokens and the future of digital assets, will greatly deepen your understanding of security tokens.
NOTE TO INVESTORS: The latest news and updates relating to DLMI are available in the company’s newsroom at https://ibn.fm/DLMI