Bassline Productions to Launch OnTheCurb Mobile App at TechCrunch Event
22 August 2013 - 11:00PM
Marketwired
HUNTINGTON BEACH,
CA--(Marketwired - August 22, 2013) - Bassline
Productions, Inc. (OTCBB: BSSP), a technology company focused
on investing in, developing and marketing emerging Internet and
mobile technologies, today announced the launch of the OnTheCurb
mobile app, the next generation of the "free" marketplace.
The OnTheCurb app was selected to present at the San Diego
TechCrunch Event, taking place August 22, 2013 in downtown San
Diego. The event will feature 15 tech companies, as well as
founders, entrepreneurs and venture capitalists.
Link to event:
http://techcrunch.com/2013/08/20/the-techcrunch-san-diego-meetuppitch-off-is-this-thursday-and-tickets-are-still-available/
"This is an amazing opportunity for us," said OnTheCurb founder,
Tamio Stehrenberger, "not only for the exposure to build our user
network, but also for the potential business connections
TechCrunch's community of venture capitalists and entrepreneurs
could give us that would launch the mobile app into mainstream
use."
OnTheCurb uses mobile technology to connect people giving away
items to other people who want them, making a faster, easier, and
safer system of giving without any hassle. OnTheCurb's proprietary
Snap 'n Post technology, literally makes posting an item to give
away a "snap."
How it Works "Givers" simply
snap a pic of the item they want to give away and the OnTheCurb app
instantly grabs the GPS location and puts it up on a map for all
OnTheCurb users to see. "Grabbers" (users who want the free item)
can scan the map on the app to find free items in their area, get
direction to the items of interest, and even get a snapshot of who
else wants that item and their chances of getting there first.
"We not only wanted a fun, effective and more efficient way to
give and get free stuff, but we also wanted to make it much easier
and safer," said Tamio Stehrenberger discussing the newly released
mobile app. "We developed a service that enables Givers to avoid
posting their home location and phone number if they don't wish to
make that information public."
In addition to building a useful and fun app for the "free"
marketplace, OnTheCurb's mission is to help reduce waste and
re-purpose goods, all while making a fun, generous connection with
other people in the community.
To enhance the giving spirit, OnTheCurb also records the number
of "Gives" and "Grabs" its users accumulate. The more users "give,"
the faster they get new listings on their maps, increasing their
odds of getting new listings.
The Acquisition As filed
with the Securities and Exchange Commission on March 7, 2013,
Bassline announced that it has entered into an exchange agreement
to purchase 100% of the outstanding shares of OnTheCurb, LLC. As a
condition of closing, OnTheCurb LLC must deliver audited financial
statements, which is still pending. It is expected that this
condition will be met within the current fiscal quarter, whereupon
Bassline's acquisition of OnTheCurb LLC will be completed. No
penalties have been incurred as a result of the delay.
For more information about OnTheCurb, please visit:
www.OnTheCurb.com, and for more information regarding the
acquisition, see the Company's 8-K as filed with the SEC on March
7, 2013 at www.sec.org.
Forward-Looking Statements
This release contains forward-looking statements, including,
without limitation, statements concerning our business and possible
or assumed future results of operations. Our actual results could
differ materially from those anticipated in the forward-looking
statements for many reasons including: our ability to continue as a
going concern, adverse economic changes affecting markets we serve;
competition in our markets and industry segments; our timing and
the profitability of entering new markets; greater than expected
costs, customer acceptance of our products or difficulties related
to our integration of the businesses we may acquire; and other
risks and uncertainties as may be detailed from time to time in our
public announcements and SEC filings. Although we believe the
expectations reflected in the forward-looking statements are
reasonable, they relate only to events as of the date on which the
statements are made, and our future results, levels of activity,
performance or achievements may not meet these expectations. We do
not intend to update any of the forward-looking statements after
the date of this document to conform these statements to actual
results or to changes in our expectations, except as required by
law. There is no assurance that a definitive agreement will be
completed.
Contact:Tamio StehrenbergerTamio@onthecurb.com 714.907.1241
Bassline Productions (CE) (USOTC:BSSP)
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