As Jetblack Corp. (JTBK) "Jetblack" the"company" enters a new and exciting phase, the company would like to thank all our shareholders to this date. Moving forward with our $12 million Regulation 506c raise of capital will help achieve the capitalization required for company objectives. The tasks at hand are not easy but as a company we find solutions to obstacles. The objectives are highly speculative but hold the most potential for reward.
Jetblack is building out a foundation which holds the potential for massive future growth. Jetblack has no toxic debt, does not engage in no-floor financing, and will be conducting a non-dilutive raise of capital. If the company is successful at the planned raise of 12 million USD, the market cap evaluation is roughly 5x cash on hand at the last price level executed.
Management is following directives and continually building out our assets which are our subsidiaries. Progress is being made. Stay tuned.
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 fromthose 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 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 may be considered a small cap stock, micro cap stock, or 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 very quickly.
Chairman & CEO
Daniel A. Goldin