DUBAI - (NewMediaWire) - December 31, 2024 - 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 Mahesh Krishnamurthy to its Board of Directors. With an exceptional career as a practicing Chartered Accountant and extensive expertise in M&A, structured debt, audit and taxation, private equity, and SPAC transactions, Mahesh brings unparalleled insights and value to the Company.
Mahesh is a practicing Chartered Accountant with decades of experience across key financial domains, specializing in M&A and structured debt. A recognized leader in the renewable energy and green technologies space, he has played a pivotal role in numerous high-profile transactions and strategic initiatives.
Mahesh's active involvement in renewable and green technologies positions him as a visionary in advancing sustainable solutions. His strategic acumen in navigating complex financial landscapes and emerging industries will play a pivotal role in Blackwell 3D's continued growth and innovation.
"Mahesh's appointment to our board underscores our commitment to excellence and sustainability," stated Mohammedsaif Zaveri, CEO of Blackwell 3D. "His deep knowledge of structured finance, combined with his leadership in green technologies, aligns seamlessly with our strategic objectives. We are confident that his expertise will drive significant value for our stakeholders and enhance our competitive edge in the market."
Commenting on his appointment, Mr. Krishnamurthy "is honored to join the board of Blackwell 3D. It is an exciting opportunity to contribute to a company that is not only committed to innovation and growth but also to fostering sustainable practices. I look forward to collaborating with the board and management team to deliver meaningful outcomes for the Company and its shareholders."
Mahesh's contributions are expected to have a transformative impact, particularly in areas like strategic investments and financial structuring for long-term resilience. His extensive background in special situations financing and green technology adoption will bolster Blackwell 3D's ability to stay ahead in today's rapidly evolving marketplace.
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 and 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.
