Jetblack Corp. Update to Shareholders
18 Dezember 2018 - 6:18PM
InvestorsHub NewsWire
Jetblack Corp. Update to
Shareholders
Portland, OR -- December 18, 2018 -- InvestorsHub NewsWire
-- Jetblack Corp. (USOTC:
JTBK) provides update to shareholders. The company will begin
to shift focuses and pause it's software projects to focus solely
on Cannabis Projects. The company felt that the software projects
were draining a lot of resources and it became difficult to achieve
revenues and ultimately profitability on a timely basis. The
company will archive the projects and possibly continue them at a
future date. In regards to cannabis interests, Jetblack Corp. has
decided to not proceed with the purchase of a property in
California, but it will continue to explore cannabis opportunities
in California as well as other states. This Budz For You Farms LLC,
a licensed OLCC Tier 1 Marijuana Producer in Oregon, is in the
process of transfering locations and ownership interests with OLCC.
This Budz For You Farms has applied for marijuana wholesale and
processing licenses in Oregon as well. The company will have a new
location which is 8,400 sq ft and energy efficient. The company
will specialize in craft small batch products including clones and
genetics. The company will focus on establishing a profitable
business as quickly as possible, while maintaining high quality
unique products.
Disclaimer
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 control
which could, and likely will, materially affect actual results,
levels of activity, performance or achievements. 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.
Contact / Source
Emilia S. Olvera
IR@jetblackcorp.com
(888) 611-5825
https://ThisBudzForYouFarms.com
https://JetblackCorp.com
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