JetBlack Corp. (OTC: JTBK) the “company” or “JetBlack” recently announced many updates regarding its subsidiaries. The Indica Company created distribution partnerships with overseas manufacturers of cannabis accessories, which will allow the company to begin wholesale operations. Revenues were generated last quarter, while still low, gross revenues rose 375% from the previous quarter. Rubens AI launched a bold ambitious project to develop automated modular farming solutions which would be used in exo-earth applications. CenAviv is expecting to have in its seed bank over 2000 varieties of non-commercial, commercial, and rare plant varieties by the end of the second quarter. EndoCleanse™, Ensys Health’s flagship product is eagerly anticipated. In addition, Jetblack is in negotiations with Black Rose Organics (BRO) to reach a mutually beneficial definitive agreement which would circle around BRO’s expansion initiatives.
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JetBlack 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.
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