1. Forward-looking statements
This website contains forward-looking statements. These include, without limitation, statements about the planned facility in Mead, Oklahoma; anticipated power-on timing; planned GPU counts and configurations; expected capacity, load, and performance; projected pricing, revenue, yields, payback periods, and cash flows; anticipated fibre, utility, and equipment arrangements; planned partnerships; and expected market conditions.
Forward-looking statements are identifiable by words such as expects, plans, anticipates, targets, projects, intends, believes, estimates, will, would, could, should, and similar expressions, as well as by their nature as statements about the future. They are based on assumptions and expectations current as of the date stated, and they are not statements of historical fact.
2. Why they may prove wrong
SmartTec is a pre-revenue, pre-power-on company. Actual results may differ materially from any forward-looking statement for reasons including, without limitation:
- —Delay or refusal in utility interconnection, permitting, or authority-having-jurisdiction approvals.
- —Equipment availability, allocation, lead times, or price changes, particularly for GPUs, transformers, switchgear, and battery systems.
- —Failure of construction, commissioning, or integration to meet schedule or design targets.
- —Failure to raise capital on acceptable terms, or at all.
- —Loss of, or failure to convert, anticipated customer commitments; customer concentration.
- —Changes in the price of GPU compute, which has historically been volatile.
- —Grid, fibre, or supply chain disruption; single-carrier fibre dependency.
- —Changes in tax, tariff, trade, export control, energy, or environmental law and policy.
- —Key person dependency and a small operating team.
- —Competition from far better capitalized operators.
- —General economic conditions, interest rates, and capital market conditions.
This is not an exhaustive list of risks. Any investment in a company at this stage should be regarded as speculative and as carrying a risk of total loss of capital.
3. Design targets and modeled figures
Performance figures on this site — power usage effectiveness, failover time, availability, and similar — are design targets to be validated at commissioning, not measured results. Financial figures described as modeled, projected, or illustrative are the output of assumptions we have chosen and stated; they are not forecasts, not guarantees, and not representations that any result will be achieved. Assumptions that are individually reasonable can compound into an outcome that does not occur.
4. No duty to update
Forward-looking statements speak only as of the date they are made. We undertake no obligation to update or revise any of them, whether as a result of new information, future events, or otherwise, except as required by law. Content on this site may not reflect the most current position.
5. The investor area
The password-protected area at /invest contains materials prepared for specific recipients who have requested them. Access is granted at our discretion and does not constitute an offer to that recipient or to anyone else. Materials in that area are confidential, are provided for evaluation only, and may not be reproduced or redistributed. Nothing in that area is a prospectus, an offering memorandum for public distribution, or an invitation to invest.
Any securities offering by SmartTec would be conducted under an available exemption from registration, would be limited to investors meeting applicable eligibility criteria, and would be documented by definitive agreements. Securities that are not registered under the Securities Act of 1933 cannot be resold except pursuant to registration or an available exemption.
6. No advice
Nothing on this site is investment, legal, tax, or accounting advice, and no content should be treated as a recommendation to enter into any transaction. SmartTec is not a broker-dealer, investment adviser, or fiduciary to you. Consult your own professional advisers before making any investment decision.
7. Third-party market data
Market figures, competitor pricing, and industry statistics on this site are drawn from published third-party sources cited where used. We have not independently verified them, they may be out of date, and we make no representation as to their accuracy or completeness.