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Monday, 06/06/2022 12:27:32 PM

Monday, June 06, 2022 12:27:32 PM

Post# of 764
$JTBK Jetblack Corp. (OTC: JTBK) recently announced it has initiated investments into the metaverse space. Recently, the Board voted to begin execution on a long term vision, which is investments into metaverse platforms and technologies. JTBK plans to continue investments over time as opportunities are identified. According to Bloomberg intelligence the forecast for the total metaverse market is roughly $800 billion by 2024.



In addition, JTBK announced that it has no plans to conduct a reverse split of its stock. The company recently cancelled 340 million shares, roughly 55% of its outstanding stock. Current outstanding stock total is 275,422,000 shares. We feel we are positioning ourselves carefully for the long term. Our goal is to keep the expenses low, and make the right investments, explained management.

https://www.otcmarkets.com/stock/JTBK/news?id=360036

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