Vid3G, Inc. Shareholder Update
27 February 2014 - 1:00AM
Marketwired
Vid3G, Inc. Shareholder Update
BELLINGHAM, WA--(Marketwired - Feb 26, 2014) - Vid3G, Inc. (OTC
Pink: VIDG) wishes to update all shareholders on the significant
corporate actions recently undertaken to rebrand the company and
better reflect the business direction within the mobile technology
space. The company has successfully changed the name and stock
symbol to reflect its recent acquisition of the VID3G mobile video
technologies. Vid3G is gearing up to launch its flagship mobile App
for the Chinese and other Asian markets. This launch will encompass
our video application that management believes will be vastly
superior to anything currently available in the Chinese
marketplace. Our technology team has put Vid3G on the brink of name
recognition in the field of mobile video streaming.
Vid3G continues to develop and enhance our 9 patents and 18
patents pending registered with the Chinese Academy of Sciences, an
institution founded in 1978, backed by more than 100 institutes in
20 cities across China. The Chinese Academy of Sciences is
headquartered in Beijing and is considered the most important think
tank in all of Asia.
Instagram, Twitter/Vine, as well as Snapchat are all banned in
China, giving Vid3G's technologies a high probability of becoming
the leader in this space, thus creating value for its shareholders.
The ad platforms are already integrated which means after the
initial launch we will continue to market in order to drive large
numbers of users to Vid3G. The present and future of Vid3G is very
bright.
Dan Clayton, CTO of Vid3G, states, "The marketing of our mobile
app in China and the rest of Asia as well, will be propelled by our
existing relationships with some of the largest social media
companies. We have worked diligently for years on our technology
and believe we have the perfect video streaming that will give the
Chinese and other Asian markets the best option with the highest
quality."
Roy Bosa, President of Vid3G states, "Since August 2013 when we
acquired the Vid3G technologies, we have made monumental strides in
developing and perfecting our video streaming capabilities. We are
very proud to be launching in the first quarter of 2014. With the
launch near, we will continue to update all shareholders on any
advances and challenges. Transparency is our motto, which is
clearly demonstrated with our ongoing improvement in our financial
reporting beginning with the steps being taken to soon be able to
present audited financial statements for Vid3G."
Safe Harbor
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.The
words or phrases "would be," "would allow," "intends to" "will
likely result," "are expected to," "will continue," "anticipate,"
"expect," "estimate," "project," "indicate," "could,"
"potentially," "should," "believe," "considers," or similar
expressions are intended to identify "forward-looking statements."
Actual results could differ materially from those projected in the
forward-looking statements as a result of a number of risks and
uncertainties. These include the company's historic lack of
profitability, end user customer acceptance and actual demand,
which may differ significantly from expectations, the need for the
company to manage its growth, the need to raise funds for
operations and other risks within the regulation of the industry.
Statements made herein are as of the date of this press release and
should not be relied upon as of any subsequent date. The Company's
past performance is not necessarily indicative of its future
performance. The Company does not undertake, and the Company
specifically disclaims any obligation, to update any
forward-looking statements to reflect occurrences, developments,
events or circumstances after the date of such statement.
Contact: Roy Bosa (702) 347-4223
info@usminemakers.com
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