---RECENT FUNDING COMMITMENTS TO EXPEDITE ROLL-OUT---
IRVINE, CA,
Nov. 14, 2013 /PRNewswire/ - Emaji,
Inc. (OTC: EMJI) announced today that development on Emaji Business
Development's Netoy.com® will be accelerated due to the recent
funding commitments Emaji has received. Emaji Business Development
("EBD") is developing the rollout of the company's revamped online
toy portal Netoy.com,® an on-line toy web portal that will include
its on-line retail store, while incorporating several new features,
including industry related developments, news and interactive
feedback between consumers and toy manufacturers. EBD will be
assembling a team of collegiate students to complete the
development, design, launch and marketing of the new Netoy.com.®
Emaji expects solid income to develop in the short term as the site
is rolled out, with the majority of initial sales to be generated
from ad and manufacturer based revenue.
The recent financing agreements, which were
previously announced, call for funding to commence during the
fourth quarter and to continue throughout fiscal year 2014. In
addition to funding for EBD and Netoy.com,® the use of proceeds
includes funding for Emaji's planned acquisition of an NBA
Development League team through its Sportsworld's Professional
Sports Acquisition Group, funding to develop and produce a reality
competition syndicated series as part of the Flashback Camps
International participatory camps, and operating capital which will
be utilized to retain additional management and staff. This funding
will also enable Emaji to file its planned initial registration
statement in order to become fully reporting and provide the
financial foundation so that Emaji will no longer be considered a
development stage company.
For additional information on Emaji, Inc.,
please go to www.emaji.com or http://www.otcmarkets.com.
About Emaji:
Emaji, Inc. (OTC: EMJI), "Where Imagination
Comes Alive," is a publicly traded development stage company with
two initial divisions, Emaji Business Development, which is
developing the rollout of its revamped online toy portal
Netoy.com®; and Sportsworld Entertainment, which is developing its
participatory collegiate and professional sports camps through
Flashback Camps International, a financial and marketing support
program for a wide variety of athletic enterprises, including youth
athletic programs, and its Professional Sports Acquisition Group,
which is currently exploring acquisition opportunities in
professional sports.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained
herein, the matters discussed in this press release contain
forward-looking statements that involve risks and uncertainties,
including those described in the Company's reports and filings at
http://www.OTCMarkets.com.
Certain statements contained in this release
that are not historical facts constitute forward-looking
statements, within the meaning of the Private Securities Litigation
Reform Act of 1995, and are intended to be covered by the safe
harbors created by that Act. Reliance should not be placed on
forward-looking statements because they involve unknown risks,
uncertainties and other factors, which may cause actual results,
performance or achievements to differ materially from those
expressed or implied. Forward-looking statements may be identified
by words such as estimates, anticipates, projects, plans, expects,
intends, believes, should and similar expressions and by the
context in which they are used. Such statements are based upon
current expectations of the Company and speak only as of the date
made.
SOURCE Emaji, Inc.
