Business

Power Americas Resource Group Ltd. Comments on Recent Promotional Market Activity

Power Americas Resource Group Ltd. Comments on Recent Promotional Market Activity.

articleBlackwell 3d Construction Corp.February 17, 20235/company/bdcc/news/power-americas-resource-group-ltd-comments-on-recent-promotional-market-activity
Power Americas Resource Group Ltd. Comments on Recent Promotional Market Activity

About this update from Blackwell 3d Construction Corp.

[{"type":"text","content":"\n MIRAMAR, FL, Feb. 17, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Power Americas Resource Group Ltd. (OTC: PARG) (the “Company” or \"PARG\"), a publicly traded, fully reporting emerging growth company commercializing its Digital Twin technology “Twin Infra” for the international construction industry, has been made aware by OTC Markets Group Inc. (\"OTC Markets\") about recent promotional activity concerning the Company and its common shares (the \"Common Shares\") resulting in a Caveat Emptor Designation being placed on the Company’s securities on February 16, 2023. The Company takes its investor relations practices seriously, including its obligations to timely and accurately release material information which might reasonably be expected to have significant effect on the market price or value of its securities. The aforementioned promotional activities were conducted by parties not associated with the Company and we caution potential investors not to rely on any promotional and speculative statements and claims, touting future performance, anticipated trajectories of our stock price, or urging investors to act immediately. All potential investors should solely rely on information provided directly by the Company, which internally manages all investor relations, marketing, and corporate communications. Company information that may be relied upon may be found on www.otcmarkets.com, www.sec.gov and www.poweramericas.net. Information from any other source not published directly by the Company is specifically disclaimed and denounced. The Company is presently an alternative reporting issuer with OTC Markets, Inc. and has been voluntarily reporting with the Securities & Exchange Commission on EDGAR. As such, all of the Company’s financial statements are audited and reviewed by its independent auditor. From October 2022 through February 2023, PARG issued a number of press releases, reporting material developments and accomplishments, most of which were also filed with OTC Markets, Inc. as Disclosure Statements of Current Reporting of Material Corporate Events and, also, under the cover of Current Reports on Form 8-K with the Securities and Exchange Commission. These press releases, Disclosure Statements and Form 8-Ks are displayed on the Company's page on the OTC Markets' website. The Comp...

More updates from Blackwell 3d Construction Corp.