BLAQclouds, Inc. Provides Update on OTC Markets Yield Sign and Filing Corrections

Core Insights - BLAQclouds, Inc. has resolved a discrepancy in its share count that led to the application of a Yield Sign by OTC Markets, and an amended quarterly report has been submitted for review [3][4][8] - The company is transitioning away from previous management, with future filings reflecting the current leadership's direction and technological advancements [5][6][8] - BLAQclouds aims for profitability in Q4 despite legacy issues, including the issuance of approximately 200 million additional shares by prior management [6][8] Group 1 - Yield Sign Trigger Resolved: BLAQclouds corrected a share-count mismatch in its quarterly report and submitted an amended filing now under OTC review [4][8] - Transition Beyond Legacy Management: This is the final filing containing any data from previous leadership; all future disclosures reflect the current team's structure and technology [5][8] - Strengthened Transparency & Q4 Profit Push: Despite prior management's issuance of ~200M shares, BLAQclouds emphasizes renewed transparency and expects to reach Q4 profitability [6][8] Group 2 - BLAQclouds focuses on bridging traditional finance and decentralized ecosystems, aiming to simplify commerce and payments through blockchain applications [7] - The company offers flagship consumer applications including ShopWithCrypto.io, ZEUSxPay.io, DEX.ZEUSx.io, and ApolloWallet.io [9]