DUBAI, UAE, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Blackwell 3D Construction Corp. (OTC: BDCC) (“Blackwell 3D” or the “Company”), an innovative 3D house printing technology company, is pleased to announce the appointment of Vineet Jawa as an advisor for its recently announced consulting division. This appointment comes as Blackwell 3D continues to expand operations as part of its overall business strategy, including the establishment of its Dubai consulting subsidiary, which is currently in process and expected to be incorporated and operational within the next 10 business days.
With over a decade of experience in financial consulting and a strong track record of success, Mr. Jawa will play a critical role in ensuring all projects adhere to proper financial guidelines and standards. His expertise will also help Blackwell 3D’s clients maximize their construction objectives, ensuring optimal outcomes for each project.
“Vineet’s leadership and financial acumen will be instrumental in the growth of our consulting division,” stated Mohammedsaif Zaveri, CEO of Blackwell 3D. “His meticulous approach to financial management will ensure that every project we undertake is executed efficiently and effectively, delivering exceptional value to our clients.”
Mr. Jawa is a seasoned Finance Director and Chartered Accountant with extensive experience managing multi-million-dollar operations. His background in hospitality finance includes working as an internal auditor for global brands such as HYATT, MARRIOTT, IHG, and ACCOR. His key competencies include:
Profit & Loss Analysis: Accurate forecasting and actionable financial planning.
Budget Optimization: Advanced data analysis to inform strategic budget recommendations.
Regulatory Compliance: Proficiency in U.A.E. VAT, GST India, and corporate tax regulations.
Advanced Reporting: Expertise in International Financial Reporting Standards (IFRS).
With strong technical skills in systems like SUN, Opera, Micros Fidelio, and Oracle-based platforms, Mr. Jawa is well-versed in financial modeling, fraud prevention, and investor relations. His role will be pivotal in aligning Blackwell 3D’s operations with global financial standards while enhancing client satisfaction through innovative financial solutions.
Blackwell 3D’s Dubai consulting subsidiary’s goal, once fully established, is to serve as a hub for delivering cutting-edge consulting services in the construction and 3D printing sectors. Mr. Jawa’s guidance will ensure the subsidiary operates with the highest level of financial integrity and efficiency from day one.
For further information about Blackwell 3D, please visit www.blackwell3d.com for the most up to date news.
About Blackwell 3D Corporation
Blackwell 3D Construction Corp. is focused on developing state-of-the-art 3D technologies for use in the construction industry. Our goal is to be able to use our technology to design 3D printed residential structures that meet our clients' specific requirements and preferences. In addition, it is our objective to use a large-scale printer and a specialized concrete mixture to print the structural components of these residential structures. Our printing process is expected to be highly automated, allowing us to create intricate designs and details with precision.
Important Notice Regarding Forward-Looking Statements
This Press Release contains certain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended. Statements that are not historical facts, including statements about the Company’s review of potential financing and strategic alternatives, the Company’s research and development efforts, the Company’s prospects for 2024, and the Company’s ability to fine tune its operations, are forward-looking statements. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements, although not all forward-looking statements contain these or similar identifying words.
These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated. Such risks and uncertainties include, but are not limited to: Blackwell 3D's ability to continue as a going concern; Blackwell 3D's ability raise additional capital to fund its business on acceptable terms or at all; Blackwell 3D's ability to negotiate and consummate a financing or other strategic transaction; changes in the competitive industries in which the Company operates and variations in operating performance across competitors; changes in laws and regulations affecting Blackwell 3D's business; the risk of downturns in the market and Blackwell 3D's industry; risks related to the uncertainty of the projected financial information with respect to Blackwell 3D; risks related to Blackwell 3D's limited operating history and history of losses; the timing of expected business milestones; Blackwell 3D's ability to implement its business plan and scale its business; Blackwell 3D's ability to formulate, implement and modify as necessary effective sales, marketing, and strategic initiatives to drive revenue growth; Blackwell 3D's ability to expand internationally; the viability of Blackwell 3D's intellectual property and intellectual property created in the future; government regulations and Blackwell 3D's ability to obtain applicable regulatory approvals and comply with government regulations; and the outcome of any legal proceedings that may be instituted against the Company. A further list and description of risks and uncertainties can be found in the most recent filings with the Securities & Exchange Commission (www.sec.gov) along with additional disclosure made available with the OTC Markets Group Inc. (www.otcmarkets.com). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
