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 launching two major initiatives to enhance its operations and expedite the rollout of its flagship platform, CloverMint [1][5] - The company is focused on creating accessible financial technology that allows users to earn passive income from digital assets through automated yield strategies [2][4] Financial Initiatives - CEO Arthur Rozenberg has provided a personal line of credit of up to $300,000 to the company, offering immediate, non-dilutive capital for operations and product development [2][3] - A major shareholder has voluntarily canceled approximately 11% of the company's outstanding shares, reducing the total share count to about 26 million shares, which increases ownership value for existing investors [3][5] Product Development - CloverMint is designed to be an AI-powered platform that simplifies earning income from stablecoins by automatically 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 in the company's efforts to provide AI-driven income generation solutions [5] Company Vision - Everything Blockchain aims to position itself as a leader in AI-powered finance, aligning ownership and capital to support its growth strategy [4][6] - The company is committed to building intelligent financial technology that caters to both institutional and retail participants in the digital asset space [6]