DEBT RESOLVE, INC. (OTCMKTS:DRSV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
(b) On December 1, 2016, Sean Lucero resigned as a member of our
board of directors. Mr. Lucero had been involved with Progress
Advocates LLC, one of our joint ventures. We previously announced
the suspension of all marketing and sales activity at Progress
Advocates.
The resignation did not result from any disagreement with us
concerning any matter relating to the companys operations,
policies or practices.
Following the resignation, we have six members on our board of
directors.
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About DEBT RESOLVE, INC. (OTCMKTS:DRSV)
Debt Resolve, Inc. is engaged in providing software solutions to consumer lenders or those collecting on consumer loans using a Software-as-a-Service (SaaS) model. The Company’s solutions facilitate Web-based payments or the resolution of delinquent or defaulted consumer debt. The Company markets its services primarily to consumer banks, collection agencies, collection law firms and the buyers of defaulted debt in the United States. The Company offers its service as a SaaS model, enabling clients to introduce this collection or payment software option with no modifications to their existing collections computer systems. Its products capitalize on using the Internet as a tool for communication, resolution, settlement and payment of delinquent or defaulted consumer debt and as part of a complete accounts receivable management solution for consumer creditors. The Company offers Debt Resolve Solution and Settl.it. DEBT RESOLVE, INC. (OTCMKTS:DRSV) Recent Trading Information
DEBT RESOLVE, INC. (OTCMKTS:DRSV) closed its last trading session 00.0000 at 0.0110 with 30,000 shares trading hands.