Business
Jetblack Corp. Enters Into Binding Letter of Intent
Jetblack Corp. Enters Into Binding Letter of Intent.
About this update from Jetblack Corp.
[{"type":"text","content":"Jetblack Corp. (OTC: JTBK) on November 28, 2023 announced a non-binding letter of intent to acquire a minority stake in a target acquisition. Today Jetblack Corp. is pleased to announce a Binding Letter of Intent has been agreed to by both parties. Both parties agreed to begin pursuing the goals set, aggressively and immediately. Some details about the Company set to become a minority owned subsidiary of Jetblack Corp. The Company’s nature-based carbon registry will exclusively list carbon credits generated by their patented tree growing technology provider, and distribute over 10 million carbon credits representing 10 million tonnes of greenhouse gas emissions removed from the atmosphere through the projects.HighlightsThe company offers real nature based carbon offsets. Partnership with Ripple to post or retire carbon credits on the XRP Ledger.Ability to scale quickly to grow billions of trees. Has direct access to reforestation projects.Ripple Grant 150k to build offset using the XRP Ledger.Ripple leading fintech support. Transparent and verifiable carbon offsets. The Company goal is to be the gold standard for voluntary carbon credits. “Our exclusive partnership with our patented tree growing technology provider, and its certified growers will create reforestation projects for billions of trees and change the direction of climate crisis.”AboutJetblack Corp. seeks strategic partnerships, investments, and minority interests in high growth businesses to increase assets and shareholder value. Jetblack is an incubator and innovator seeking to commercialize great ideas.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 from those expressed or implied by such forward-looking statements. These factors, risks, and...