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Holly Brothers Pictures changes business strategy

Holly Brothers Pictures Inc. fully acquired privately held Power Blockchain LLC and will change its business strategy.

Ohio-based Holly Brothers said effective upon the acquisition and the hiring of new management, it will cease its business of rebuilding wheelchairs in disrepair and the sales of wheelchairs. The company changed its name from PowerMedChairs in June 2017.

Power Blockchain, a startup venture that specializes in blockchain mining for the bitcoin network, has yet to commence meaningful operations, according to an SEC filing.