SuperBox, Inc. Has Undergone a Change of Control and Has Changed Its Business Name to QuantumKore Inc.
SuperBox Inc. has announced a significant change, rebranding itself as QuantumKore Inc. The company has undergone a change of control, led by entrepreneurs in the green economy and renewable energy sector. A 100-for-1 reverse stock split has been authorized. QuantumKore focuses on innovative technologies in waste conversion and alternative fuels aimed at reducing emissions and achieving a zero carbon footprint. The company holds patented technologies, emphasizing research and development to drive sustainable solutions in the energy and waste sectors.
- Change of control may bring fresh leadership and new opportunities in the renewable energy sector.
- Focus on cutting-edge technologies aimed at emissions reduction and decarbonization aligns with global sustainability trends.
- Possession of patented technologies suggests a competitive advantage in the market.
- The company faces risks in sustaining growth and achieving profitability due to significant expansion costs.
- Forward-looking statements indicate uncertainty regarding future revenues and the ability to offset increasing expenses.
- Potential legal and regulatory challenges arising from new service offerings may impact financial stability.
NEW YORK, NY / ACCESSWIRE / March 15, 2021 / SuperBox Inc. (OTC PINK:SBOX) would like to announce that it has undergone a change of control with a group of entrepreneurs specialized in the green economy and renewable energy sector. In conjunction with the change of control, the Company changed its business name to QuantumKore Inc. The newly appointed Board of Directors has authorized a 100 for 1 reverse stock split of the outstanding common stock.
About QuantumKore Inc.
QuantumKore Inc. is a company focused on cutting edge transition technologies related to the waste conversion process and energy sector. Highly specialized in the field of alternative fuels, aimed at deep emissions reduction and decarbonization of various fuels, the Company continuously strives to innovate with the ultimate goal of a zero carbon footprint. At present, the Company holds patented and internationally applied technologies. The Company's technologies are related mainly to desulphurization of fuels, Nano Emulsions and Waste to Energy solutions. One of Company's key success factors is the focus on research and development to own and develop technologies that can drive towards zero emissions, all in support of the highly topical issue related to the green economy and economic sustainability. The founding partners, most of whom sit on the board of directors of the Company, are a reliable guarantee for the future of Company's innovative global initiatives.
Safe Harbor Statement
This press release may contain forward looking statements which are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues as well as any payment of dividends on our common and preferred stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to general stock market conditions.. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new service lines noting there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. Additional service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations we will be providing services in, the impact of which cannot be predicted at this time.
Contact Information: h.winkler@quantumkore.com
Attention: Hugo Winkler, Company Secretary
SOURCE: QuantumKore Inc.
View source version on accesswire.com:
https://www.accesswire.com/635638/SuperBox-Inc-Has-Undergone-a-Change-of-Control-and-Has-Changed-Its-Business-Name-to-QuantumKore-Inc
FAQ
What significant change has SuperBox Inc. announced recently?
What is the purpose of the 100-for-1 reverse stock split authorized by QuantumKore?
What technologies does QuantumKore focus on after its rebranding?
What are the risks associated with QuantumKore's future growth?
What is QuantumKore's goal regarding emissions?
