- 1 year ago
Diamond Lake Minerals, Inc. (OTC: DLMI) develops and supports digital assets and SEC-registered security tokens. Their goal is to innovate responsibly and merge valuable traditional businesses with digital assets. Their mission is to reintroduce timeless business principles to public markets, focusing on sustainable growth, strong earnings, and stakeholder value in a modern digital world. DLMI aims to be an industry-agnostic leader in the digital asset and security token space.
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NewsTranscript
00:00Welcome, Benzinga Nation.
00:03You know we love to bring on executives from publicly traded companies so we can ask them
00:07the tough questions.
00:08And we've got a great interview lined up with Brian who is from Diamond Lake Minerals, ticker
00:12on the OTC markets, is DLMI.
00:14Brian, thank you so much for joining us.
00:17Great to be back, Zunade.
00:18How are you today?
00:19Doing great, man.
00:20It's always a pleasure to talk to you.
00:22But for the folks at home that might not have seen our conversations in the past, give us
00:25a quick overview of what is it that your company does.
00:27Yeah, yeah.
00:28For the folks that have, I apologize for the repetition.
00:31So Diamond Lake Minerals, ticker is DLMI.
00:34We are a multi-strategy operating company.
00:36So think of us like an old school GE structure.
00:39We identify companies that we want to be involved in so we'd be industry agnostic in that approach.
00:44The fun thing about our company besides the traditional principles of business and mechanisms
00:48we have in place on building these companies is that we have a security token component
00:51built into our business model so we can invite investors and capital from all over the world
00:55to buy into our businesses.
00:57Now I want to talk about halving, right?
01:00We recently touched on another interview and we'll kind of tie things back here as well.
01:04After that's kind of taken place, are you kind of worried that, hey, the hype might
01:08be done in terms of that or do you feel like investors, especially the traditional ones,
01:12are still going to try to plow into it?
01:15From our standpoint, it's no bearing on our business model and what we're doing and what
01:19we're building.
01:20What was great about it was I think that date allowed for companies like BlackRock to get
01:27in and have their ETF out and going before that actually happened.
01:33So what it did for companies like us and hopefully future companies that want to be in this space
01:36or have some component of their business in this space is that it allowed for regulation
01:41to start to think about how do we apply old antiquated rules and laws to the new future
01:46of digital assets.
01:47The only way things like that happen is if the big boys come to the table and start playing
01:52in that space.
01:53So it's good to see that happening now.
01:56As far as there's going to be continued support and momentum behind Bitcoin with everything
02:01that's happening in future countries that start to adapt and in future large institutional
02:05banks and obviously governments that start to bring it in and be part of their entire
02:10treasury and their systems.
02:13Makes perfect sense.
02:14I mean, people in Venezuela use it to buy coffee, right?
02:16So we've seen that government kind of adapt to it quite a bit.
02:19Let's go to bring that conversation to the tokenization aspect of it as well.
02:22And what do you hope will come from this in that world of tokenization?
02:27Well, you're going to start to see the tokenization mechanism at some point be applied to everything.
02:32It'll sit in the back of your phone and you're probably not even going to realize it's happening
02:36as far as it's a wallet created in that token ledger being instilled onto whatever transaction
02:42that you're involved in.
02:43You know, for us, it's real world assets.
02:45It's understanding the rules and regulations with the security token offering and applying
02:50it to wonderful industries like the commercial real estate industry, which is going to be
02:54in dire need of liquidity.
02:56And we believe this is a great solution for that.
02:58We're looking at it in the scheme of what does royalties look like in the traditional
03:04ways of music and IP and how can a tokenization model change the landscape of fans or followers
03:11or lovers of that celebrity, that musician, that actor, actress or that film?
03:15Can it be applied into a token environment where now all of the people that actually
03:20love that artist can actually be part of their career and buy into maybe a piece of their
03:25music or a piece of their IP?
03:26So these are the things that we're looking into it.
03:29And I'm excited to see it evolve into a form where it's for humanity.
03:35This is something now that anybody can have access into buying something that they never
03:39had access to.
03:41That's what excites me about the whole idea of tokenization and digital wallets is that
03:45it's not just the one percenters of the world anymore.
03:47Once this rolls out, you create liquidity and access and opportunities for anybody with
03:52a mobile phone that has a digital wallet to be able to invest into something and to buy
03:55something that they were usually shut out of or there was a regulatory regional restriction
04:01because they weren't living in that country or didn't have businesses in that country.
04:05What do you think the biggest misconceptions are?
04:06Because there's some people that are not a fan of it.
04:08Why do you think that might be?
04:09What are they getting wrong?
04:11It's nobody's fault.
04:12What's getting wrong is that there's a hundred terms that are thrown out there in
04:15this space and there's confusion and chaos and people don't really understand yet.
04:19And it's no no fault of their own between what is crypto, what is an NFT, what is a
04:24digital asset, what is a security token, what is Bitcoin, what is Ethereum?
04:27It's a lot that got thrown out into the world.
04:30So once you can start to understand the difference between a crypto, which we are not,
04:36we're not a crypto company, we are a security token focused company within our business
04:39model. A security token goes through all the rules and regulations and offerings that
04:43you would have of any series round.
04:45So there's a lot more compliance and a lot more materials and a real business that's
04:50being put out into the market that's backed by what you hope are seasoned professionals
04:54that are going to protect that business and protect the investments coming in for that
04:57business. When it's crypto, it's a, you know, I have no idea who put a crypto coin
05:01out into the world, what basement they're living in and what hype that they're just
05:06on Twitter or Discord 24-7 promoting something that doesn't really have any real
05:11asset, in my opinion, or really any business or really backed by anything besides demand
05:15and popularity and and hope.
05:18So there's a big difference there.
05:19So for us, it's and for me, it's been security tokens are the perfect mechanism for the
05:24future of digital assets to help transition to people understanding this is something
05:29that lives on a blockchain.
05:30This is something that has true transparency as to proof of ownership and proof of
05:34transaction and and a lot more efficiencies in those transactions.
05:38So, you know, we'll get there.
05:40It took people a long time to trust buying a stock online.
05:42They love calling their broker, but now they do that every day.
05:4520, I don't say 24-7 during the stock market hours.
05:48And we'll get to a point where people understand security tokens and then the crypto
05:52environment where they feel much more comfortable about it.
05:54And they do it like they do anything else when they're buying and selling anything.
05:57Let's go ahead and kind of switch gears a little bit.
05:59You have DLMI that is committed to the ESG efforts because you planted a few thousand
06:05trees thus far with your partner, Evertreen.
06:07Give me a little bit of insight on that.
06:09Evertreen is a great partner.
06:11There's a lot of players out there that are applying their business model into
06:16deforestation attempts for us and my private holdings, Esposito Electrical Enterprises.
06:21We actually did that first and then moved it over into a DLMI campaign.
06:26It's a great thing to do, first and foremost.
06:29So if every company, small or large, were doing this, we'd make a much bigger
06:32difference. I firmly believe it's the easiest and quickest thing.
06:36We can offset any climate change that we either may or may not be doing.
06:41I'm not going to get into that conspiracy theory, but if there's anything that we
06:44can do within our means, that seems to be the easiest thing to start going out there
06:49and doing. But what is interesting about Evertreen is their technology advancements.
06:54We know where these trees are being planted.
06:55There's proof of it.
06:57So we start to look at, OK, that's really interesting and how that could be applied
06:59to blockchain and some of our technologies and solutions.
07:02So we're starting putting that partnership together in a campaign that I hope we plant
07:07millions of trees around the world based upon DLMI's parent and all the other companies
07:10that were involved in that we're partnered with.
07:12And at some point, it would be really interesting to see if what we're doing and
07:16building in the regulatory and complying component and actually being hands on on
07:20planting these trees and looking at what is the carbon offset of these trees.
07:24Is there a way for us to actually participate in things like carbon credits or things
07:28like sort of new initiatives or government programs where we can continue to roll out
07:33more of these and hopefully even be able to provide value to our shareholders?
07:37And maybe there's a security token component to this partnership at some point.
07:40So that's where we're at. But right now, it's a campaign that we're proud of that
07:44we're going to continue to do.
07:46And it may actually turn into a beneficial business of ours as we continue to build
07:50the relationship. What is next in terms of tokenization story, right?
07:54What's next on the horizon for y'all?
07:56What can folks expect that's in the pipeline here?
07:59Absolutely. Well, we're proud to announce our partnership with Boxable, which we did
08:03last month with you.
08:04So the tokenization aspect of DLMI and our real estate division, which we would be
08:09rolling out Boxable Villages once we identify properties and partners in that space to
08:13finance and build out these wonderful villages and invite investors again from all over
08:18the world to be able to be part of the revenues of those of those villages and creating
08:23value again for our stockholders.
08:24So there's there's that aspect.
08:26We also announced great partnership with Jerry Greenberg, who's a phenomenal friend
08:31and icon in the music industry, is the youngest executive at Atlantic Records.
08:35He launched some of the biggest names in music you can imagine.
08:38And his book is coming out, a whole lot of music.
08:41So my personal holdings, we partnered together.
08:43And through that relationship and understanding the music industry, which has been
08:47something I've loved to be in over the last decade and working with an icon and
08:51respected individual like this, that's how you start to begin conversations as you know,
08:56how does tokenization and security tokens apply to the music industry?
09:00How do we look at IP and change the game as far as what new financial mechanisms can we
09:04create again in a regulatory framework to create liquidity for these artists to help
09:09what we'll call starving artists, which are usually of the over 100 million musicians
09:13out in the world that have 10,000 fans online or lower.
09:16They're out there doing the best that they can to continue to build their music career.
09:19They're waiting on tables or drive maneuvers or lift everything that artists want to do
09:23to survive. You know, maybe we have a mechanism here now that we can help continue to
09:27fuel their career and have their friends and their fans invest into their into the future
09:31of their music. You know, like every industry that I'm in, sometimes it's not about
09:36money. Money doesn't always buy you access.
09:39It's the relationship. So having a relationship with Mr.
09:41Greenberg is something very dear to me.
09:43And if you look at the LMI's advisors and some of the icons we have, you know, their
09:47support and friendship means the world to me.
09:49But more importantly for our shareholders, it's the relationship and the respect they
09:53have in their industries and how we're going to be able to operate in those industries
09:56to provide value for our company.
09:58Amen to that. It's who you know that gets you to the meeting.
10:00It's what you know that gets you the contract signed.
10:03But always a great conversation with you, man.
10:05Thank you so much for your time.
10:06Thanks, pal. Have a great day.
10:08You too. That is Brian, who is a CEO of Diamond Lake Minerals.
10:11Ticker on the OTC markets is DLMI.
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