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Blackwell 3D Provides Corporate Update, Eyes Asian Market

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Blackwell 3D Construction Corp. (OTC: BDCC), a 3D house printing technology company, has provided a corporate update focusing on transparency and growth initiatives. Key points include:

1. Completion of audited financial statements for the fiscal year ended May 31, 2024, expected by mid-September.

2. Plans to become a fully reporting company under SEC Section 12, enhancing corporate governance and investor disclosure.

3. Strategic discussions with a prominent Asian real estate development company, exploring potential collaborations in the Asian market.

CEO Mohammedsaif Zaveri emphasized the company's focus on growth and compliance initiatives to create long-term shareholder value.

Blackwell 3D Construction Corp. (OTC: BDCC), una società che sviluppa tecnologie di stampa 3D per case, ha fornito un aggiornamento aziendale focalizzato sulla trasparenza e sulle iniziative di crescita. I punti chiave includono:

1. Completamento dei bilanci auditati per l'anno fiscale concluso il 31 maggio 2024, previsto per metà settembre.

2. Piani per diventare una società completamente riportante ai sensi della Sezione 12 della SEC, migliorando la governance aziendale e la divulgazione agli investitori.

3. Discussioni strategiche con un'importante azienda di sviluppo immobiliare asiatica, in fase di esplorazione di potenziali collaborazioni nel mercato asiatico.

Il CEO Mohammedsaif Zaveri ha sottolineato l'accento dell'azienda sulle iniziative di crescita e conformità al fine di creare valore per gli azionisti nel lungo termine.

Blackwell 3D Construction Corp. (OTC: BDCC), una empresa de tecnología de impresión de casas en 3D, ha proporcionado una actualización corporativa centrada en la transparencia y las iniciativas de crecimiento. Los puntos clave incluyen:

1. Finalización de los estados financieros auditados para el año fiscal que terminó el 31 de mayo de 2024, que se espera para mediados de septiembre.

2. Planes para convertirse en una empresa de informes completos bajo la Sección 12 de la SEC, mejorando la gobernanza corporativa y la divulgación a los inversionistas.

3. Discusiones estratégicas con una destacada empresa de desarrollo inmobiliario asiática, explorando posibles colaboraciones en el mercado asiático.

El CEO Mohammedsaif Zaveri enfatizó el enfoque de la empresa en iniciativas de crecimiento y cumplimiento para crear valor a largo plazo para los accionistas.

Blackwell 3D Construction Corp. (OTC: BDCC)는 3D 주택 인쇄 기술 회사로, 투명성과 성장 이니셔티브에 초점을 맞춘 기업 업데이트를 제공했습니다. 주요 사항은 다음과 같습니다:

1. 2024년 5월 31일에 종료된 회계연도의 감사된 재무제표 완료, 9월 중순 예상.

2. SEC 섹션 12에 따라 완전 보고 기업으로 전환할 계획, 기업 거버넌스 및 투자자 공시 강화.

3. 아시아 시장에서의 잠재적 협력을 모색하는 유력한 아시아 부동산 개발 회사와의 전략적 논의.

CEO Mohammedsaif Zaveri는 장기적인 주주 가치를 창출하기 위한 성장 및 준수 이니셔티브에 대한 회사의 초점을 강조했습니다.

Blackwell 3D Construction Corp. (OTC: BDCC), une entreprise de technologie d'impression de maisons en 3D, a fourni une mise à jour corporative axée sur la transparence et les initiatives de croissance. Les points clés incluent :

1. Achèvement des états financiers audités pour l'exercice clos le 31 mai 2024, prévu pour mi-septembre.

2. Des projets pour devenir une entreprise pleinement déclarée selon la section 12 de la SEC, améliorant la gouvernance d'entreprise et la divulgation aux investisseurs.

3. Discussions stratégiques avec une importante société de développement immobilier asiatique, explorant des collaborations potentielles sur le marché asiatique.

Le PDG Mohammedsaif Zaveri a souligné l'accent mis par l'entreprise sur les initiatives de croissance et de conformité pour créer de la valeur à long terme pour les actionnaires.

Blackwell 3D Construction Corp. (OTC: BDCC), ein Unternehmen für 3D-Drucktechnologie im Bauwesen, hat ein Unternehmensupdate veröffentlicht, das sich auf Transparenz und Wachstumsinitiativen konzentriert. Die wichtigsten Punkte umfassen:

1. Abschluss der geprüften Finanzberichte für das am 31. Mai 2024 endende Geschäftsjahr, voraussichtlich bis Mitte September.

2. Pläne, ein vollständig berichtendes Unternehmen gemäß Abschnitt 12 der SEC zu werden, um die Unternehmensführung und die Offenlegung für Investoren zu verbessern.

3. Strategische Gespräche mit einem renommierten asiatischen Immobilienentwicklungsunternehmen zur Erkundung potenzieller Kooperationen im asiatischen Markt.

Der CEO Mohammedsaif Zaveri betonte den Fokus des Unternehmens auf Wachstums- und Compliance-Initiativen, um langfristigen Wert für die Aktionäre zu schaffen.

Positive
  • Completion of audited financial statements expected by mid-September 2024
  • Plans to become a fully reporting company with the SEC
  • Ongoing strategic discussions with a prominent Asian real estate development company
Negative
  • No definitive agreement reached yet with the Asian real estate development company

DUBAI, UAE, Sept. 03, 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 lesser cost than traditional homes, is pleased to provide this update aimed at ensuring transparency, strengthening corporate governance, and driving long-term growth.

The Company is committed to enhancing value for its shareholders through the following key initiatives:

1) Completion of Audited Financial Statements for the Fiscal Year Ended May 31, 2024

Blackwell 3D is on track to complete an audit of its May 31, 2024, annual financial statements by mid-September. This critical step will ensure the accuracy and integrity of our financial reporting, reinforcing the trust of our shareholders and the broader investment community.

2) Becoming a Fully Reporting Company under Section 12

As part of our commitment to full transparency and regulatory compliance, Blackwell 3D is actively working toward becoming a fully reporting entity with the Securities & Exchange Commission (SEC). This status will further enhance our corporate governance practices, provide our investors with enhanced disclosure, and subject us to a more rigorous review of all of our financial statements. Upon completion of our audit for the Year Ended May 31, 2024, we anticipate filing a Form 10 with the SEC, which will provide a detailed overview of our operations and subject us to the reporting requirements of Section 12 of the Exchange Act of 1943, as amended.

3) Strategic Discussions with Asian Real Estate Development Company

In our pursuit of growth and expansion, Blackwell 3D has held in person discussions in Dubai with a prominent Asian real estate development company. These discussions, thus far, have focused on exploring opportunities for strategic collaborations and partnerships that could drive significant value for both companies. We are optimistic about the potential to open new avenues for growth in the rapidly expanding Asian market. As of yet, we have not entered into any definitive agreement and talks remain ongoing.

"The last year has proven both exciting and turbulent, but we believe that we have now turned a corner which will allow us to focus on growing our business, while becoming a reporting issuer with the SEC. We are focusing on both external strategic initiatives and internal compliance initiatives that will simultaneously strengthen us and allow us to move the business forward," stated Mohammedsaif Zaveri, CEO of Blackwell 3D.  "Our commitment to transparency, regulatory compliance, and growth is unwavering. We believe these actions will not only strengthen our position in the market, but also create long-term value for our shareholders."

For further information about Blackwell 3D, please visit www.blackwell3d.com for the most up to date news.

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) along with additional disclosure made available with the 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


FAQ

When will Blackwell 3D (BDCC) complete its audited financial statements for fiscal year 2024?

Blackwell 3D expects to complete the audit of its financial statements for the fiscal year ended May 31, 2024, by mid-September 2024.

What steps is Blackwell 3D (BDCC) taking to enhance transparency and corporate governance?

Blackwell 3D is working towards becoming a fully reporting company with the SEC by filing a Form 10 after completing its audit, which will enhance disclosure and subject the company to more rigorous financial review.

Is Blackwell 3D (BDCC) exploring expansion opportunities in Asia?

Yes, Blackwell 3D has held discussions in Dubai with a prominent Asian real estate development company to explore strategic collaborations and partnerships in the Asian market.

Has Blackwell 3D (BDCC) entered into any agreements with Asian companies?

As of the press release date, Blackwell 3D has not entered into any definitive agreement with the Asian real estate development company. Talks are ongoing.

BLACKWELL 3D CONSTR CP

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