PRISM AdTech & Media Index Mover: Bubblr, Inc., d/b/a Ethical Web AI (BBLR) Strengthens 2023 Balance Sheet, Stock Trades Higher

A “first mover” in ethical technology, Bubblr, Inc., d/b/a Ethical Web AI (OTC: BBLR) announced two recent actions by management that have resulted in the strengthening of its 2023 year-end balance sheet. The combination of the two actions, which are related to board member and executive leadership salaries and equity conversions, are anticipated to provide significant reductions in future operating costs. The combination of these reductions totals $1.67M in liabilities that have been eliminated from the Company’s balance sheet.

BBLR shares have risen 117% in the past five days and have recorded a new 52-week high share price from the recent rise. The microcap emerger participates in the PRISM Emerging AdTech and Media Index which tracks micro/small cap stocks emerging in the sector.

About Ethical Web AI:

Ethical Web AI is an ethical technology company that is championing a new internet that is anonymous, safe and fair. We are producing unique intellectual property and technology that is made defensible by our valuable utility software patents. For more information about our Company and products, please visit our website at www.ethicalweb.ai

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PRISM AdTech & Media Index Mover: Bubblr, Inc., d/b/a Ethical Web AI (BBLR) Strengthens 2023 Balance Sheet, Stock Trades Higher

Ashlee Vogenthaler

Markets Editor