Business
Jetblack Corp. Issues Company Update
Jetblack Corp. Issues Company Update.
About this update from Jetblack Corp.
[{"type":"text","content":"Jetblack Corp. (OTCM: JTBK) would like to provide an update regarding status of the company. Management stated, “JTBK has made progress in negotiations with one of our acquisition targets. The target is a small revenue producing company with great potential. We have informally agreed on terms with the seller and are working towards a binding purchase agreement. Company anticipates an executed agreement within 30 days. Company will update with details once a definitive binding purchase agreement has been executed.”Company anticipates funding the acquisition with the CEO returning shares to the treasury for cancellation, in parallel an identical amount will be issued to the selling party. Company anticipates there will be no effect on the outstanding share count for this acquisition.Readers are cautioned, nothing is binding or definitive currently, and its possible a definitive agreement may not happen. Any questions can be directed to [email protected] AboutJetblack Corp. traditionally has been a company focused in emerging markets on the operations side. The company has refined itself into an asset acquisition and investment group focused in emerging markets, energy and technologies.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 wi...