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Jetblack Corp
Jetblack Corp Issues Correction To Its Last Press Release
Business
Feb 9 2024
4 min read

Jetblack Corp Issues Correction To Its Last Press Release

Jetblack Corp. would like to issue a correction made to our latest press release. With its current projects, Intrinsic Methods has the potential to create roughly $630,000,000 worth of FMU’s if proceeds from sales of current FMU’s are achieved or new funding is achieved. 


Jetblack Corp. (OTC: JTBK) recently acquired a 30% (thirty) stake in Intrinsic Methods LLC. Using the RootMaker® partnership, Intrinsic Methods is growing trees 200-300% faster, 2-3 times more carbon removal, and offering 95% tree transplant success. The company also built a new carbon credit platform on the XRP Ledger (XRPL) to support providing full transparency of the credit lifecycle and pricing. Complete transparency from 3rd party to geospatial verification.


Intrinsic Methods currently has projects in various locations such as Haiti, Mongolia, and Brazil, with a total value of $1,500,000 in Future Mitigation Units (FMUs) available for purchase. With its current projects, Intrinsic Methods has the potential to create $630 MIL worth of FMUs if funding or reinvestment of proceeds from the sale of current FMUs is achieved. In addition Intrinsic Methods has locations pending such as Appalachian Mountains in the United States, UAE and others. 



About Intrinsic Methods

Intrinsic Methods goal is to be the gold standard of voluntary carbon credits. With its exclusive partnership with patented tree growing technology provider RootMaker® and its certified growers, along with its proprietary offset platform built on Ripples XRP Ledger, and finally with direct access to reforestation projects, Intrinsic Methods has set the groundwork to be a leader in nature based offsets. 


Website: IntrinsicMethods.com


About Jetblack Corp. 

Jetblack 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.


Website: JetblackCorp.com


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. Projections are based on raising capital or financing, if this is not achieved our business plan may not succeed. 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 respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The loss of key employees would be detrimental to the company's success and may cause failure. Currently, the company is considered a penny stock, the spreads can be very far apart, sometimes illiquid, and investors may not be able to sell when they want or for the price they paid. In some circumstances, the investor may lose all their investment. This press release is not an offer to sell securities. This press release should not be interpreted or misunderstood as an offer or solicitation to sell securities. Investors should also be cautioned that Covid-19, viruses, pandemics, diseases, also present serious challenges for business operations. Investors should note, these uncontrollable circumstances could potentially lead an investor to lose their entire investment quickly.