DUBAI - January 10, 2025 (NEWMEDIAWIRE) - Blackwell 3D Construction Corp. (OTC: BDCC) (“Blackwell 3D” or the “Company”), an innovative 3D house printing technology company, is pleased to announce that Shrihari Allangala has joined the Company as a member of our Board of Directors. With extensive expertise in Private Equity, Mergers & Acquisitions, Structured Finance, Venture Capital, and Wealth Management, Mr. Allangala will spearhead the Company’s consulting-focused subsidiary, bringing growth and value creation opportunities.
His appointment is expected to unlock significant potential by aligning Blackwell 3D’s innovative construction technology with sophisticated financial solutions that enhance capital efficiency and investment returns.
With Shrihari Allangala joining the team, Blackwell 3D is set to:
- Leverage advanced financial strategies to improve project funding and risk management.
- Expand partnerships with investors, developers, and private equity firms to scale high-value construction projects.
- Integrate structured finance solutions to enhance capital efficiency and investment returns.
- Support mergers, acquisitions, and joint ventures in the construction and real estate industries.
“We are excited to welcome Shrihari Allangala to Blackwell 3D,” stated Mohammedsaif Zaveri, CEO of Blackwell 3D. “His deep understanding of structured finance and investment strategy will significantly strengthen our consulting division, allowing us to provide holistic, high-value solutions to our clients. His leadership equips us to redefine how construction projects are financed and executed, offering unmatched value to our investors and clients.
“As the construction sector continues to evolve with technological advancements and sophisticated financial models, Blackwell 3D remains committed to delivering value-driven, investment-smart solutions. With Shrihari Allangala’s leadership, we are poised to redefine construction financing, project feasibility, and strategic consulting in the industry.
“Over the next 60 days, our goal is to solidify our standing in the market and open doors to new avenues of funding and partnerships. By enhancing our corporate structure, and positioning ourselves for growth by creating a strong leadership structure, we will then be in a stronger position to scale operations, attract institutional investors, and deliver long-term value to our shareholders,” concluded Zaveri.
For further information about Blackwell 3D, please visit www.blackwell3d.com or refer to filings available at www.otcmarkets.com and www.sec.gov.
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 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.
Contact:
Investor Relations
IR@BLACKWELL3D.COM
+1 (702) 718-0807
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