Blackwell 3D Corporation Announces Removal of OTC Caveat Emptor
Blackwell 3D Construction Corp. (OTC: BDCC) ("Blackwell 3D" or the "Company") is a pioneering company in the field of 3D house printing technology. The Company is dedicated to transforming the construction industry by utilizing environmentally friendly 3D printing methods that allow for quicker and more cost-effective home building compared to traditional methods. Today, Blackwell 3D is pleased to announce that the OTC Markets Group, Inc. has lifted the Caveat Emptor designation that was previously associated with its ticker symbol. This change means that our securities can now be traded on the OTC without any restrictions.
Efforts Behind the Removal of Caveat Emptor
As previously mentioned, the Company had been assigned the Caveat Emptor designation. Blackwell 3D has been actively collaborating with OTC Markets to review and ultimately remove this designation.
CEO's Comments on the Resolution
“First and foremost, we want to express our sincere gratitude to the entire team at OTC Markets for their prompt assistance in resolving this issue, especially their legal department. The dedication and willingness of OTC Markets to work with us throughout this process have been remarkable and are greatly appreciated,” stated Mohammedsaif Zaveri, CEO of Blackwell 3D. “Additionally, our legal counsel has worked tirelessly alongside the OTC Markets legal team, providing all necessary information, which led to the successful removal of the Caveat Emptor today.”
Future Plans for the Company
"The removal of the Caveat Emptor designation is a testament to the hard work of the legal team at OTC Markets and our commitment to our shareholders," Zaveri added. "We plan to release our audited financial statements for the recent fiscal period by the end of this month, detailing significant events from the past year along with our future plans and outlook. Blackwell 3D is now fully focused on expanding our 3D construction business and completing our proprietary software, as we aim to develop multiple revenue streams."
Contact Information for the Company
Contact:
Investor Relations
IR@BLACKWELL3D.COM
+1 (702) 718-0807
Frequently Asked Questions
What does the removal of Caveat Emptor mean?
The removal of Caveat Emptor allows the Company's securities to be traded on the OTC without any restrictions, improving liquidity and tradeability.
Why was the Caveat Emptor designation placed on Blackwell 3D?
The designation was imposed due to concerns that prompted a closer examination of the Company’s financial practices or operational transparency.
What are Blackwell 3D's plans following this announcement?
The Company intends to concentrate on expanding its 3D construction business and completing the development of its proprietary software.
Who is the CEO of Blackwell 3D?
The CEO of Blackwell 3D is Mohammedsaif Zaveri, who has expressed appreciation for the collaboration with OTC Markets.
Where can I find more information about Blackwell 3D?
For the latest updates, please visit the Company’s official website.
