Business
Jetblack Corp. Enters Into Non-Binding Letter of Intent
Jetblack Corp. Enters Into Non-Binding Letter of Intent.
About this update from Jetblack Corp.
[{"type":"text","content":"Jetblack Corp. (OTC: JTBK) is pleased to announce it has signed a non-binding letter of intent to acquire a 30% minority stake in a company which is a pioneer in the Voluntary Carbon Markets. Jetblack anticipates a definitive agreement to be reached with-in the 30 day framework of the letter of intent. Transaction will be structured as a share exchange, with no expected changes to the total amount of outstanding stock.Management explained, “We are excited about this strategic agreement. This particular company is striving to be the gold standard of the voluntary carbon marketplace. Coupled with innovation, good management, and a grant they received from a large tech firm, it truly has a great foundation.”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 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 resp...