Although it is the primary focus of Blox to become a global leader in the production of “green minerals”, to accomplish this goal, Blox will have to make use of the latest technologies available. Blox continuously searches for technologies which will assist in realizing its objectives.
Through its acquisition of Quivira, which is still pending closing, Blox has purchased the rights to proprietary Enterprise Resource Planning (“ERP”) software called “Abacus”. It is the intention of the Company to use the software to manage its various operating and development projects. By owning its own ERP software system, Blox can better protect its sensitive data and control software costs. These costs can become increasingly material as its projects move to the production phase.