Blackwell 3D Construction Corp., an innovative 3D house printing technology company, has provided a comprehensive update regarding the recent Caveat Emptor designation issued by OTC Markets Group. On July 11, 2024, Blackwell 3D was informed that its stock had received Caveat Emptor status from OTC Markets. The designation was due to promotional activities surrounding the security, which encouraged trading of the issuer’s securities in the OTC market. While Blackwell 3D acknowledges the trading activity and the involvement of Ascendiant Capital Markets, LLC (ASCM), the company believes that OTC Markets acted precipitously and without due process in placing the Caveat Emptor label on its ticker. Blackwell 3D is consulting with legal counsel and evaluating grounds to file for immediate injunctive relief to have the Caveat Emptor designation removed. The company encourages shareholders to voice their support and shares plans to release additional information on its efforts to seek injunctive relief. Blackwell 3D Construction Corp. aims to revolutionize the construction industry by printing environmentally friendly 3D homes in a fraction of the time and cost compared to traditional homes. Their 3D house printing process involves using a large-scale printer and a specialized concrete mixture to create the structural components of the house. This automated printing process allows for intricate designs and details with precision. The advantages of Blackwell 3D’s approach include faster construction, environmental friendliness, and lower costs. The company caters to individuals, businesses, and governments looking for modern and cost-effective housing solutions. Blackwell 3D is committed to continuous innovation and improvement in their technology to provide even better solutions for their clients.
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