CORAL SPRINGS, Fla.--(BUSINESS WIRE)-- BizRocket.com, Inc. (OTC Pink Sheets:BZRT.pk - News) announces today that it is currently drafting its Memorandum of Understanding toward the acquisition of a full-service Internet E-Mail Marketing Company that specializes in full B2B Internet Marketing services. The company currently has a roster of business customers across the United States.
The MOU outlines the agreement details to include a 40% EBITA participation for Bizrocket.com, Inc. Company execs feel strongly that aside from adding an attractive source of revenues for the company in expanding its overall business offerings, it will also undoubtedly aid in enhancing membership subscriptions and marketing initiatives for the company’s websites, including www.KidzRocket.com, Bizrocket’s patent pending, safe pre-teen social networking website. KidzRocket.com is gaining continued recognition as the safest pre-teen social networking website described by execs as a FBL-facebook-like for pre-teens.
The Company expects revenues from this particular asset to generate in excess of $2.0 million for its first year. B2B and B2C E-mail marketing is part of a multi-billion dollar industry and BizRocket.com, Inc. execs is confident it can become a significant industry participant with unique crossover opportunity in its business models toward possible buyouts from tech and media giants. Pre-teen target marketing is on the rise as demonstrated by the recent acquisition of sites like Club Penguin by Disney recently for a deal involving up to $700 million. Likewise, social coupon sites have tremendous potential. Earlier this month, Groupon initiated paperwork for an IPO filed for $750 million dollars with a valuation at near $20 billion dollars.
News on the acquisition is imminent and will be disclosed by company execs via press release as the deal progresses. Finalization is expected over the next few weeks.
KidzRocket.com was invented to meet our national challenge to help protect children from Internet predators, cyberbullies, and various inappropriate contact. KidzRocket.com complies with the Children Online Privacy Protection Act - FTC (COPPA). KidzRocket.com is a subsidiary of BizRocket.com, Inc. (OTC Pink Sheets:BZRT.pk - News)
Forward-Looking Statements Disclosure
This press release may include certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include all statements other than those made solely with respect to historical facts. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results or performance to be materially different from any future results or performance expressed or implied by these forward-looking statements. Forward-looking statements in this press release should be evaluated in light of these important factors. Although we believe that these statements are based upon reasonable assumptions, we cannot provide any assurances regarding future results. We undertake no obligation to revise or update any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
CONFIDENTIALITY NOTICE : This communication and any documents, files or previous e-mail messages attached to it, constitute an electronic communication within the scope of the Electronic Communication Privacy Act, 18 USCA 2510. This communication may contain non-public, confidential, or legally privileged information intended for the sole use of the designated recipient(s). The unlawful interception, use or disclosure of such information is strictly prohibited pursuant to 18 USCA 2511 and any applicable laws. If you are not the intended recipient, if you received this communication in error, please notify the sender immediately.
The MOU outlines the agreement details to include a 40% EBITA participation for Bizrocket.com, Inc. Company execs feel strongly that aside from adding an attractive source of revenues for the company in expanding its overall business offerings, it will also undoubtedly aid in enhancing membership subscriptions and marketing initiatives for the company’s websites, including www.KidzRocket.com, Bizrocket’s patent pending, safe pre-teen social networking website. KidzRocket.com is gaining continued recognition as the safest pre-teen social networking website described by execs as a FBL-facebook-like for pre-teens.
The Company expects revenues from this particular asset to generate in excess of $2.0 million for its first year. B2B and B2C E-mail marketing is part of a multi-billion dollar industry and BizRocket.com, Inc. execs is confident it can become a significant industry participant with unique crossover opportunity in its business models toward possible buyouts from tech and media giants. Pre-teen target marketing is on the rise as demonstrated by the recent acquisition of sites like Club Penguin by Disney recently for a deal involving up to $700 million. Likewise, social coupon sites have tremendous potential. Earlier this month, Groupon initiated paperwork for an IPO filed for $750 million dollars with a valuation at near $20 billion dollars.
News on the acquisition is imminent and will be disclosed by company execs via press release as the deal progresses. Finalization is expected over the next few weeks.
KidzRocket.com was invented to meet our national challenge to help protect children from Internet predators, cyberbullies, and various inappropriate contact. KidzRocket.com complies with the Children Online Privacy Protection Act - FTC (COPPA). KidzRocket.com is a subsidiary of BizRocket.com, Inc. (OTC Pink Sheets:BZRT.pk - News)
Forward-Looking Statements Disclosure
This press release may include certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include all statements other than those made solely with respect to historical facts. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results or performance to be materially different from any future results or performance expressed or implied by these forward-looking statements. Forward-looking statements in this press release should be evaluated in light of these important factors. Although we believe that these statements are based upon reasonable assumptions, we cannot provide any assurances regarding future results. We undertake no obligation to revise or update any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
CONFIDENTIALITY NOTICE : This communication and any documents, files or previous e-mail messages attached to it, constitute an electronic communication within the scope of the Electronic Communication Privacy Act, 18 USCA 2510. This communication may contain non-public, confidential, or legally privileged information intended for the sole use of the designated recipient(s). The unlawful interception, use or disclosure of such information is strictly prohibited pursuant to 18 USCA 2511 and any applicable laws. If you are not the intended recipient, if you received this communication in error, please notify the sender immediately.
No comments:
Post a Comment