Rostock Ventures-ROSV Commences Mobile Development of iWeedz Mobile Applications to Compete With Leafy and WeedMaps.
February 13 2014 - 5:00AM
Marketwired
Rostock Ventures-ROSV Commences Mobile Development of iWeedz Mobile
Applications to Compete With Leafy and WeedMaps.
SAN DIEGO, CALIFORNIA--(Marketwired - Feb 13, 2014) - Rostock
Ventures Corp. (OTCBB:ROSV) (the "Company") - is a publicly traded
company that operates iWeedz.com, an innovative platform using
geo-location to enable dispensaries to communicate and publish
real-time offers, coupons and discounts to nearby consumers, today
announced that it will release Apple iOS and Android based
applications of its iWeedz technology to build a significant mobile
user base. The iWeedz mobile applications are are scheduled to be
released March 12th 2014.
Gregory Rotelli, President and CEO of Rostock Ventures said, "With
Apple iOS and Android representing the vast majority of all mobile
users, our application development team rollout is strategic as
most of our user base will be mobile users who spend more time on
mobile phones and mobile devices than on web and are more likely to
act on promotions such as daily deals, coupons or discounts on
their mobile services platforms rather than on the web." He
continued, "We are extremely excited to complement our web offering
with compelling applications and experiences which we believe will
further drive brand awareness of iWeedz.com."
iWeedz.com search engine will be a cannabis information resource
that connects consumers with vendors or likeminded individuals.
iWeedz will streamline the process of finding the right strains and
products for your ailments comfortably, fast and simply. Whether
you're new to cannabis, a medical marijuana patient, or simply a
recreational consumer, iWeedz is the perfect destination for
you!
iWeedz.com for vendors will be a cloud based solution to manage
inventory, post daily deals, attract new customer with proximity
marketing via mobile phones, engage with customers via email &
text messaging and offer payment processing. For further
development updates go to:
http://www.iWeedz.com
About Rostock Ventures Corp:
Recently the company's Board of Directors has voted to initiate a
5-for-1 forward split of the Company's common shares payable to our
shareholders of record. At this time the Board has not selected a
record date to implement the forward stock split, but once a final
record date is established, it will be announced. The Company
anticipates that the forward stock split will occur early in 2014.
Once we have implemented the 5-for-1 forward stock split, the
Company's common stock will begin trading on a split-adjusted basis
and the shareholders of record as of the selected record date will
then own five shares for every one share previously owned. For
example, if you owned 200,000 shares at the close of the record
date you will be entitled to 1,000,000 shares after the split
occurs. Presently the Company has approximately 41,000,000 shares
of its common stock issued and outstanding giving the company a
market cap of just over $2.5 million currently. The Board and
management feel that forward splitting the shares will increase
liquidity in the Company which will give our shareholders added
value and thus enabling the Company to seek potential new
projects.
Forward-looking Statements:
Some of the statements contained in this press release are
forward-looking statements which involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company, or industry results, to
be materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements, including the risks and uncertainties related to the
progress, timing, cost, and results of technology programs;
competition from other companies; and the Company's ability to
obtain additional funding required to conduct its activities.
Please refer to the company's filings with the Securities and
Exchange Commission for a comprehensive list of risk factors that
could cause actual results, performance or achievements of the
Company to differ materially from those expressed or implied in
such forward looking statements. The Company undertakes no
obligation to update or revise any forward-looking statements.
Rostock Ventures Corp.Gregory
RotelliPresidentinfo@rostockventures.comwww.rostockventures.com
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