|By Marketwired .||
|February 5, 2014 06:01 PM EST||
SAN DIEGO, CALIFORNIA -- (Marketwired) -- 02/05/14 -- 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:
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.
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.