Rostock Ventures Corp.: Additional Acquisition of iWeeds.Com and Company Roll Out Plan for Marijuana Commerce
February 05 2014 - 5:01PM
Marketwired
Rostock Ventures Corp.: Additional Acquisition of iWeeds.Com and
Company Roll Out Plan for Marijuana Commerce
SAN DIEGO, CALIFORNIA--(Marketwired - Feb 5, 2014) - Rostock
Ventures Corp. (OTCBB:ROSV) (the "Company") -
"In researching the opportunities for iWeedz, we found we would
lose 35% of the search traffic due to people spelling iWeedz with
an 'S'. To build our brand and to capture our market share of this
emerging market we acquired the domain name iWeeds.com, with an
'S'. This will help us maintain a strong foothold, not only on the
market itself but in our brand as well. Prior to launching iWeedz,
we are doing extensive market research by talking to vendors,
doctors, patients and internet marketing experts to ensure that not
only the platform will be robust, but is a resource all in the
industry will need and desire. In doing our due diligence we are
amazed at the opportunity for Rostock in the marijuana sector. This
is largely due to the infancy of this sector and the changing
attitude by mainstream society. For example, it is difficult for
dispensaries vendors and doctors to advertise anything with
marijuana on Google, Facebook or any other advertising means. This
is where there is significant opportunity for iWeedz. This sector
has garnered significant market attention and when you realize that
ROSV has one of the smallest market caps of just over $2.5 million
compared to other sector participants such as HEMP (approx $300
million market cap) and MJNA (approx $350 million market cap), it
is clear that ROSV offers tremendous leverage to this hyper growth
sector," stated Gregory Rotelli, President Rostock Ventures.
Rostock is also evaluating and contemplating service agreements and
other opportunities that will assist Rostock's corporate growth and
foothold within this dynamic sector.
Rostock (ROSV) is also pleased to announce it has also launched
their new corporate site: www.rostockventures.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 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:
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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