Diamond Lake Minerals Inc. (OTCMKTS:DLMI) Stock In Focus After Latest News

There is now considerable interest in companies that are involved in the regulated digital asset space, and for good reason too, due to the rapid evolution of the sector. If you are currently looking into such companies, then you could consider taking a look at Diamond Lake Minerals Inc. (OTCMKTS:DLMI).

Diamond Lake Minerals is a multi-strategy operating company that specializes in the development and support of digital assets and security tokens that are registered with the United States Securities and Exchange Commission. The company was in focus on Tuesday after it announced that it had appointed its latest strategic advisor in the form of Larry Namer. In light of the appointment, it could well be a good time for investors to take a look into the credentials of Namer as a key advisor for Diamond Lake Minerals.

In the news release yesterday, the company noted that Namer had a high-achieving career that spanned more than fifty years and remained a major name in the entertainment industry. In his work in the entertainment industry, he was largely known for the contributions he made to live events, music, cable television, and new media. One of the more important highlights of Namer’s entertainment industry career is his co-founding of E! Entertainment Television. The network went on to become one of the leaders of the industry, and currently, it is valued at more than $5 billion.

Other than that, Namer had also been the visionary behind the establishment of a number of strong businesses in both the United States and worldwide. Diamond Lake Minerals noted that his considerable experience and eye for innovation would make him a valuable addition to the company’s advisory board. In a statement, Namer expressed his excitement at the possibility of working with the team at Diamond Lake Minerals and helping deliver its ambitious vision for growth.

The company seemed to have a keen interest in strengthening its advisory board, and on September 18, it announced the addition of another member, Anthony Scaramucci. He is the founder and managing partner of the firm SkyBridge. Additionally, he held considerable experience in technology, finance, and business strategy. Diamond Lake Minerals noted that the range of expertise would help him in shaping its strategic direction as it continued work on the future of digital as well as traditional securities.

In his remarkable career, he is best known for having founded the worldwide alternative investment firm SkyBridge. His career started when he co-founded Oscar Capital Management, an investment partnership that was eventually acquired in 2001 by Neuberger Berman. He learned the ropes as an investment professional at the investment banking behemoth Goldman Sachs.

Scaramucci noted that he was an admirer of the sort of stellar work that had been accomplished by the Chief Executive Officer of Diamond Lake Minerals, Brian Esposito, throughout his career. He went on to note that it was an honor to join the team at the company and work alongside other accomplished strategic advisors.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.