Everything Blockchain (OTC: EBZT) CEO Backs Company with Proposed $300K Personal Credit Line; Major Shareholder Cancels 3.5M Shares to Strengthen Value

Core Insights - Everything Blockchain Inc. is preparing for the launch of CloverMint, an AI-powered finance platform aimed at simplifying income generation from stablecoins [1][5] - The CEO, Arthur Rozenberg, has provided a personal line of credit of up to $300,000 to support the company's operations and product development [2][3] - A major shareholder has voluntarily canceled approximately 11% of the company's outstanding shares, enhancing ownership value for existing investors [3][4] Company Initiatives - The personal credit line from the CEO reflects strong confidence in the company's growth and commitment to launching CloverMint [2][3] - The cancellation of shares reduces the total share count to approximately 26 million, a decrease of about 6.5 million shares since the beginning of the year [3][4] - These actions are intended to align ownership and capital towards the goal of establishing Everything Blockchain as a leader in AI-powered finance [4] Product Development - CloverMint is designed to automate income generation from digital assets by identifying and compounding the best yield opportunities across the blockchain [4][6] - The beta version of CloverMint is set to go live soon, marking a significant milestone for the company [5] - The platform aims to provide accessible and intelligent financial technology for the next era of digital assets [5][6]