Rostock Ventures Corp. Announces Mobile Marijuana Platform, iWeedz To Capture Local Marijuana Commerce
04 Fevereiro 2014 - 6:01AM
Marketwired
Rostock Ventures Corp. Announces Mobile Marijuana Platform, iWeedz
To Capture Local Marijuana Commerce
SAN DIEGO, CALIFORNIA--(Marketwired - Feb 4, 2014) - Rostock
Ventures Corp. (OTCBB:ROSV) (the "Company") -
"As stated in a previous release, we have made a pivot with our
business model and are now focusing on Marijuana commerce. We are
taking an agnostic investing approach to this industry. Simply put,
we are exploring ways and means of streamlining this industry for
both consumers and vendors by providing cutting edge scalable
solutions that remain easy to use. In researching various
opportunities, it was important for us to look at opportunities
that were scalable and trendy. With the Green Rush trend, we felt
becoming a vendor of some sort was not scalable but could not
ignore the interest by the investment community; we felt iWeedz was
the right move as it is scalable and can solve a lot of problems
consumers and vendors in marijuana commerce are experiencing. As a
company, we feel there is tremendous opportunity for our investors
with this approach," stated Gregory Rotelli, President, Rostock
Ventures.
The 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
simple. 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 and to view UI mockups go to
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 50,000 shares at the close of the record date
you will be entitled to 250,000 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 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.com
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