HOUSTON, March 08, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- BlockQuarry Corp. (OTC: BLQC) ("BlockQuarry" or the "Company"), a Texas-based company with commercial-stage operations in the energy and infrastructure industry focusing on cryptocurrency hosting and self-mining with a focus on Bitcoin, is pleased to announce the following to its shareholders.
The Company has announced its operational and growth strategy for Q2 2023 to its shareholders and investors.
The Company's operational checklist over the next few months includes:
- Completing the Company's 2022 annual audit.
- Continuing to reduce liabilities and debt on the balance sheet.
- Having an effective S1 registration statement.
- Powering the Company's self-mining equipment online.
- Extending the power and land contracts at the Company's flagship Gaffney, South Carolina, site.
Alonzo Pierce, president and chair of BlockQuarry, stated, "There are some tough tasks ahead for the Company to complete operationally, but we view it as good practice in our efforts to uplist to the Nasdaq. The Company has delivered some historical moments in Company history the last few months, and we want to continue that momentum leading into the second quarter. Our focus continues to be laying out the foundational groundwork to build upon in order to deliver as much value as possible for all."
Pierce continued, "We have had many internal discussions about BlockQuarry's growth strategy and vision for the future of the Company. The main focus for this next quarter is continuing to expand our network and portfolio of clean energy and land contracts across the United States, as well as continuing our efforts to clean up our balance sheet."
The Company's growth strategy over the next few months includes:
- Securing additional land and power contracts under the BlockQuarry umbrella.
- Having continued discussions with infrastructure and energy partners on potential collaborations and ways to grow.
- Building an investor deck to highlight BlockQuarry's ability to be an industry-leading service provider.
- Continuing to increase shareholder equity on the Company's balance sheet by continuing to reduce liabilities/debt and by strengthening the Company's assets.
Pierce concluded, "We are excited to cross some major operational milestones off our list in the next few months. We have a lot on our plate and in the pipeline to try to grow BlockQuarry into an industry-leading service provider within the energy and infrastructure sectors. We feel very confident we will achieve the tasks ahead of us and continue to improve for our shareholders and investors."
All Company updates, material and nonmaterial, will only be made public via press releases, Twitter and/or via the Company's website: .
About BlockQuarry Corp.
BlockQuarry Corp. is an energy and infrastructure company focused on cryptocurrency hosting and self-mining operations, with leased properties located within the Southeast United States. BlockQuarry Corp. also maintains a fleet of digital/cryptocurrency mining equipment and infrastructure.
Forward-Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or the Company's future financial performance. In some cases, forward-looking statements may be identified by terminology including "could," "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect the Company's current judgment regarding the direction of its business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Investors should refer to the risks disclosed in the Company's reports filed from time to time with OTC Markets ().
Company Contact:
info@blockquarry.io
Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
310.299.1717 Office
Editor@InvestorBrandNetwork.com
休斯頓，2023年3月8日(Global Newswire)--通過InvestorWire--BlockQuarry Corp.(場外交易代碼：BLQC)(“BlockQuarry”或“公司”)，一家總部位於德克薩斯州的公司，在能源和基礎設施行業擁有商業階段的業務，專注於加密貨幣託管和自採，專注於位元幣，高興地向其股東宣佈以下消息。
公司已向股東和投資者公佈了2023年第二季度的運營和增長戰略。
該公司未來幾個月的運營清單包括：
- 完成公司2022年年度審計。
- 繼續壓縮資產負債表上的負債和債務。
- 具有有效的S1註冊聲明。
- 為公司的自採設備提供在線動力。
- 延長該公司在南卡羅來納州加夫尼的旗艦工地的電力和土地合同。
塊石公司董事長兼總裁阿隆佐·皮爾斯表示：“公司未來還有一些艱鉅的任務要完成，但我們認為這是我們提升納斯達克倡議努力的良好實踐。過去幾個月，公司創造了公司歷史上的一些歷史性時刻，我們希望在第二季度繼續保持這種勢頭。我們的重點仍然是奠定基礎基礎，以便為所有人提供盡可能多的價值。”
皮爾斯接著說：“我們已經就BlockQuarry的增長戰略和對公司未來的願景進行了多次內部討論。下個季度的主要重點是繼續擴大我們在美國各地的清潔能源和土地合同網路和組合，以及繼續努力清理我們的資產負債表。”
該公司未來幾個月的增長戰略包括：
- 在BlockQuarry保護傘下獲得更多土地和電力合同。
- 與基礎設施和能源合作夥伴就潛在的合作和增長方式進行持續討論。
- 打造投資者平臺，突出BlockQuarry成為行業領先服務提供商的能力。
- 通過繼續減少負債/債務和加強公司資產，繼續增加公司資產負債表上的股東權益。
皮爾斯最後說：“我們很高興能在接下來的幾個月裡完成一些重要的運營里程碑。我們有很多事情要做，我們正在努力把BlockQuarry發展成為能源和基礎設施領域的一家行業領先的服務提供商。我們非常有信心完成我們面前的任務，繼續改善我們的股東和投資者。”
公司的所有更新，無論是實質性的還是非實質性的，都只能通過新聞稿、Twitter和/或通過公司的網站公開：@。
關於BlockQuarry Corp.
BlockQuarry Corp.是一家專注於加密貨幣託管和自採業務的能源和基礎設施公司，其租賃物業位於美國東南部。BlockQuarry Corp.還維護著一支數字/加密貨幣採礦設備和基礎設施車隊。
前瞻性陳述
本新聞稿可能含有涉及風險和不確定因素的前瞻性陳述。這些陳述與未來事件或公司未來的財務表現有關。在某些情況下，前瞻性陳述可以用術語來識別，包括“可能”、“可能”、“將”、“應該”、“預期”、“計劃”、“預期”、“相信”、“估計”、“預測”、“潛在”以及這些術語或其他類似術語的否定。雖然這些前瞻性陳述及其所依據的任何假設都是真誠作出的，反映了公司目前對其業務方向的判斷，但實際結果幾乎總是與本報告中建議的任何估計、預測、預測、假設或其他未來表現大相徑庭，有時存在重大差異。除非適用法律要求，否則公司不打算更新任何前瞻性陳述，以使這些陳述與實際結果相符。投資者應參考公司不時向場外市場()提交的報告中披露的風險。
公司聯繫人：
郵箱：Info@lockQuarry.io
企業通信：
投資者品牌網路(IBN)
加利福尼亞州洛杉磯
310.299.1717辦公室
郵箱：EDITOR@InvestorBrandNetwork.com
