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3DX Industries (OTCP:DDDX) has announced an update to its shareholders. As quoted in the press release: The company filings are now in the final stage of review with our accountants, once completed, they will be reviewed by management for approval and release. Roger Janssen, 3DX President and CEO stated, “We have received numerous inquiries on …
3DX Industries (OTCP:DDDX) has announced an update to its shareholders.
As quoted in the press release:
The company filings are now in the final stage of review with our accountants, once completed, they will be reviewed by management for approval and release. Roger Janssen, 3DX President and CEO stated, “We have received numerous inquiries on the exact timeline for the release of our company filings. It is difficult to put an exact date on a process that is out of our hands, until our accountant has completed their work. Upon receipt of the completed statements, we will have them released.”
The Company’s 3D Metal Printing division has received numerous requests from its clients to increase the quantity of parts delivered and is working with its engineers and production staff to further refine the process to meet this request. Mr. Janssen comments, “We are confident that we can meet their goals and continue to service our existing client base as well as any new projects that come in.”
Due to the increase in production orders from our existing clients and the escalation of inquiries for new 3D metal printed products to be manufactured, the company decided to temporarily delay the advancement of its proprietary heat recovery system which was designed for legalized and medical marijuana grow farms, as announced in our February 22, 2017 release. Mr. Janssen adds, “We simply do not have enough manpower at the present time to allocate resources to moving any of our certain internal projects forward right now. Our short term goal is to hire additional personnel to help spread the work load and allocate time and assets to our R&D department to continue the development of our proprietary products.”
3DX uses an additive manufacturing process, otherwise known as three-dimensional printing which materializes an object — or mold for an object — layer by layer out of powdered material, a binding agent and a digital file. The process is also referred to as Binder Jetting Technology.