Blackwell 3D Corporation Announces Removal of OTC Caveat Emptor, Stock Tradeable Without Restrictions Again
Blackwell 3D Construction Corp. (OTC: BDCC) announces the removal of the Caveat Emptor designation by OTC Markets Group, allowing its securities to trade without restrictions on the OTC market. The company, focused on 3D house printing technology, had been working with OTC Markets since July 11, 2024, to resolve this issue. CEO Mohammedsaif Zaveri expressed gratitude to OTC Markets and the company's legal team for their efforts in resolving the matter promptly.
Zaveri also stated that Blackwell 3D plans to post its audited financial statements for May 31, 2024, by the end of the month, which will include material events from the past year and the company's future plans. The company is now focusing on growing its 3D construction business and completing its proprietary software to develop multiple revenue streams.
Blackwell 3D Construction Corp. (OTC: BDCC) annuncia la rimozione della designazione Caveat Emptor da parte di OTC Markets Group, permettendo ai suoi titoli di essere scambiati senza restrizioni nel mercato OTC. L'azienda, focalizzata sulla tecnologia di stampa 3D per case, ha collaborato con OTC Markets dal 11 luglio 2024 per risolvere questa questione. Il CEO Mohammedsaif Zaveri ha espresso gratitudine a OTC Markets e al team legale dell'azienda per i loro sforzi nel risolvere prontamente la situazione.
Zaveri ha inoltre dichiarato che Blackwell 3D prevede di pubblicare i propri bilanci finanziari auditati per il 31 maggio 2024, entro la fine del mese, i quali includeranno eventi significativi dell'anno passato e i piani futuri dell'azienda. Attualmente, l'azienda si sta concentrando sulla crescita del proprio business di costruzione 3D e sul completamento del suo software proprietario per sviluppare più flussi di reddito.
Blackwell 3D Construction Corp. (OTC: BDCC) anuncia la eliminación de la designación Caveat Emptor por parte de OTC Markets Group, permitiendo que sus valores se negocien sin restricciones en el mercado OTC. La empresa, enfocada en la tecnología de impresión 3D para casas, había estado colaborando con OTC Markets desde el 11 de julio de 2024, para resolver este problema. El CEO Mohammedsaif Zaveri expresó su agradecimiento a OTC Markets y al equipo legal de la compañía por sus esfuerzos para resolver el asunto de manera rápida.
Zaveri también declaró que Blackwell 3D planea publicar sus estados financieros auditados al 31 de mayo de 2024, para finales de mes, los cuales incluirán eventos significativos del año pasado y los planes futuros de la empresa. Ahora, la empresa se está enfocando en hacer crecer su negocio de construcción 3D y completar su software propietario para desarrollar múltiples fuentes de ingresos.
Blackwell 3D Construction Corp. (OTC: BDCC)는 OTC Markets Group에 의해 Caveat Emptor 지정을 해제한다고 발표하며, 이를 통해 OTC 시장에서 제한 없이 증권을 거래할 수 있게 되었습니다. 3D 주택 인쇄 기술에 집중하는 회사는 이 문제를 해결하기 위해 2024년 7월 11일부터 OTC Markets와 협력해왔습니다. CEO인 Mohammedsaif Zaveri는 신속하게 문제를 해결해 준 OTC Markets와 회사의 법률 팀에 감사의 뜻을 전했습니다.
Zaveri는 또한 Blackwell 3D가 2024년 5월 31일 기준의 감사 재무제표를 이달 말까지 게시할 계획이며, 그에는 지난해의 주요 사건과 회사의 미래 계획이 포함될 것이라고 언급했습니다. 회사는 지금 3D 건설 사업을 성장시키고 여러 수익원 개발을 위한 소프트웨어를 완성하는 데 집중하고 있습니다.
Blackwell 3D Construction Corp. (OTC: BDCC) annonce la suppression de la désignation Caveat Emptor par OTC Markets Group, permettant à ses titres de se négocier sans restrictions sur le marché OTC. L'entreprise, axée sur la technologie d'impression 3D pour maisons, a collaboré avec OTC Markets depuis le 11 juillet 2024 pour résoudre ce problème. Le PDG Mohammedsaif Zaveri a exprimé sa gratitude envers OTC Markets et l'équipe juridique de la société pour leurs efforts dans la résolution rapide de cette affaire.
Zaveri a également déclaré que Blackwell 3D prévoit de publier ses états financiers audités au 31 mai 2024, d'ici la fin du mois, qui comprendront des événements marquants de l'année écoulée ainsi que les projets futurs de l'entreprise. La société se concentre désormais sur la croissance de son secteur de construction 3D et sur l'achèvement de son logiciel propriétaire afin de développer plusieurs sources de revenus.
Blackwell 3D Construction Corp. (OTC: BDCC) gibt die Aufhebung der Caveat Emptor-Bezeichnung durch OTC Markets Group bekannt, wodurch ihre Wertpapiere ohne Einschränkungen am OTC-Markt gehandelt werden können. Das Unternehmen, das sich auf die 3D-Drucktechnologie für Häuser spezialisiert hat, arbeitet seit dem 11. Juli 2024 mit OTC Markets zusammen, um dieses Problem zu lösen. CEO Mohammedsaif Zaveri drückte seine Dankbarkeit gegenüber OTC Markets und dem rechtlichen Team des Unternehmens aus, die sich um eine zügige Klärung des Angelegenheiten bemüht haben.
Zaveri erklärte außerdem, dass Blackwell 3D plant, die prüften Finanzberichte zum 31. Mai 2024 bis Ende des Monats zu veröffentlichen, die wesentliche Ereignisse des vergangenen Jahres und die zukünftigen Pläne des Unternehmens umfassen werden. Das Unternehmen konzentriert sich nun auf das Wachstum seines 3D-Baugeschäfts und die Fertigstellung seiner proprietären Software, um mehrere Einnahmequellen zu entwickeln.
- Removal of Caveat Emptor designation, allowing unrestricted trading of BDCC stock
- Planned release of audited financial statements by month-end
- Focus on growing 3D construction business and completing proprietary software
- None.
DUBAI, UAE, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Blackwell 3D Construction Corp. (OTC: BDCC) ("Blackwell 3D” or the "Company"), an innovative 3D house printing technology company focused on advancing the construction industry though the use of environmentally friendly 3D printing to build homes in less time and at less cost than traditional homes, announces today that the OTC Markets Group, Inc. ("OTC Markets") has removed the Caveat Emptor designation from the OTC Markets website that had been previously associated with the company's ticker symbol. The practical effect of this is that our securities are, once again, tradeable on the OTC without any restrictions.
As previously disclosed, on July 11, 2024, OTC Markets labeled the Company’s securities with such designation. The Company has been working diligently with OTC Markets to have the Caveat Emptor designation reviewed by OTC Markets and removed.
“First and foremost, we want to express our appreciation to the entire team at OTC Markets for working with us to resolve this matter so promptly, and specifically their legal department. OTC Markets showed amazing dedication and willingness to work with us and resolve this matter, and it is truly appreciated,” stated Mohammedsaif Zaveri, CEO of Blackwell 3D. “Equally, Company counsel worked tirelessly with the legal team at OTC Markets to bring this matter to a successful conclusion, providing all information requested, culminating in the removal of the Caveat Emptor today.”
"The Caveat Emptor removal is a direct result of the diligence of the legal team at OTC Markets and the Company's commitment to our shareholders," added Zaveri. "We expect to post our audited financial statements for May 31, 2024 by month’s end, sharing with our shareholders material events over the past year and our plans and outlook. Blackwell 3D is now once again fully focused on growing our 3D construction business and completing our proprietary software as we set our sights on developing multiple revenue streams."
For more information, please visit www.blackwell3d.com for the most up to date information about the Company.
The information in this press release is for informational purposes only, and nothing herein shall be construed as any offer to buy or sell securities, nor the solicitation of an offer to buy or sell securities.
Important Notice Regarding Forward-Looking Statements
This Press Release contains certain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended. Statements that are not historical facts, including statements about the Company’s review of potential financing and strategic alternatives, the Company’s research and development efforts, the Company’s prospects for 2024, and the Company’s ability to fine tune its operations, are forward-looking statements. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements, although not all forward-looking statements contain these or similar identifying words.
These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated. Such risks and uncertainties include, but are not limited to: Blackwell 3D's ability to continue as a going concern; Blackwell 3D's ability raise additional capital to fund its business on acceptable terms or at all; Blackwell 3D's ability to negotiate and consummate a financing or other strategic transaction; changes in the competitive industries in which the Company operates and variations in operating performance across competitors; changes in laws and regulations affecting Blackwell 3D's business; the risk of downturns in the market and Blackwell 3D's industry; risks related to the uncertainty of the projected financial information with respect to Blackwell 3D; risks related to Blackwell 3D's limited operating history and history of losses; the timing of expected business milestones; Blackwell 3D's ability to implement its business plan and scale its business; Blackwell 3D's ability to formulate, implement and modify as necessary effective sales, marketing, and strategic initiatives to drive revenue growth; Blackwell 3D's ability to expand internationally; the viability of Blackwell 3D's intellectual property and intellectual property created in the future; government regulations and Blackwell 3D's ability to obtain applicable regulatory approvals and comply with government regulations; and the outcome of any legal proceedings that may be instituted against the Company. A further list and description of risks and uncertainties can be found in the most recent filings with the Securities & Exchange Commission (www.sec.gov) and with OTC Markets Group Inc. (www.otcmarkets.com). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
Contact:
Investor Relations
IR@BLACKWELL3D.COM
+1 (702) 718-0807
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