JetBlack Corp.: Capturing The Momentum

Rhea-AI Summary

JetBlack Corp. (OTC: JTBK) announced significant updates from its subsidiaries on May 24, 2021. The Indica Company has formed distribution partnerships for cannabis accessories, resulting in a 375% increase in gross revenues last quarter. Rubens AI is set to develop automated modular farming solutions for exo-earth applications. CenAviv aims to have over 2,000 plant varieties in its seed bank by Q2. Negotiations with Black Rose Organics for a strategic agreement are underway. Investors should be cautious of the risks associated with forward-looking statements, including potential losses.

Positive

• Indica Company established distribution partnerships for cannabis accessories.
• 375% increase in gross revenues last quarter.
• CenAviv aims for over 2,000 plant varieties by the end of Q2.

Negative

• Risks include potential inability to raise capital and competition.
• Company operates as a penny stock, which may lead to illiquidity.
• Forward-looking statements carry uncertainties affecting actual performance.

LAS VEGAS, May 24, 2021 /PRNewswire/ -- JetBlack Corp. (OTC: JTBK) the "company" or "JetBlack" recently announced many updates regarding its subsidiaries. The Indica Company created distribution partnerships with overseas manufacturers of cannabis accessories, which will allow the company to begin wholesale operations. Revenues were generated last quarter, while still low, gross revenues rose 375% from the previous quarter. Rubens AI launched a bold ambitious project to develop automated modular farming solutions which would be used in exo-earth applications. CenAviv is expecting to have in its seed bank over 2000 varieties of non-commercial, commercial, and rare plant varieties by the end of the second quarter. EndoCleanse™, Ensys Health's flagship product is eagerly anticipated. In addition, Jetblack is in negotiations with Black Rose Organics (BRO) to reach a mutually beneficial definitive agreement which would circle around BRO's expansion initiatives. 

More information on JTBK can be found at www.JetblackCorp.com and the company official twitter account@jetblackcorp 

Disclaimer:

This press release should not in any way be misunderstood as an offer to sell securities or solicitation to sell securities. This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially fromthose expressed or implied by such forward-looking statements. These factors, risks, and uncertainties include market risks associated with our business, the inability to raise enough capital to complete our business, economic conditions, and increasing competition. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's and management control which could, and likely will materially affect actual results, levels of activity, performance or achievements. Investors should be cautioned that nine out of ten start-ups and small businesses fail. If the company cannot achieve financing, then it may not be able to follow through with its business plan. This may lead to an investor losing part or their entire investment. Investors may have trouble locating a broker-dealer to trade their stock. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The loss of key employees would be detrimental to the company's success and may cause failure. Currently, the company is considered a penny stock, the spreads can be very far apart, sometimes illiquid, and investors may not be able to sell when they want or for the price they paid. In some circumstances, the investor may lose all their investment. This press release is not an offer to sell securities. This press release should not be interpreted or misunderstood as an offer or solicitation to sell securities. Investors should also be cautioned that Covid-19, viruses, pandemics, diseases, also present serious challenges for business operations. Investors should note, these uncontrollable circumstances could potentially lead an investor to lose their entire investment very quickly.

Source:
Jetblack Corp. IR department
ir@jetblackcorp.com
twitter.com/Jetblackcorp
888-611-5825

 

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SOURCE JetBlack Corp.

FAQ

What recent developments has JetBlack Corp (JTBK) announced?

JetBlack Corp announced distribution partnerships and a significant revenue increase of 375% in its last quarter.

How much did JetBlack Corp's revenues rise in the last quarter?

JetBlack Corp's revenues rose by 375% from the previous quarter.

What is CenAviv's goal by the end of Q2 for JetBlack Corp (JTBK)?

CenAviv aims to have over 2,000 varieties of plants in its seed bank by the end of Q2.

What risks are associated with JetBlack Corp (JTBK)?

Risks include capital raising challenges, market competition, and the nature of penny stocks leading to potential investor losses.

Is JetBlack Corp (JTBK) involved in any new farming technologies?

Yes, Rubens AI is working on automated modular farming solutions for exo-earth applications.