Mobio Announces Financing
Summary
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 9, 2015) - Mobio Technologies Inc. (TSX VENTURE:MBO)(OTCQX:MBIOF), ("Mobio" or the "Company") is pleased to announce that it has entered into a term sheet with NU2U Resources Corp (the "Lender"), a company controlled by Lance Tracey, to obtain financing (the "Financing") by way of a secured convertible debenture in the principal amount of $375,000 (the "Note"). Additionally, speciality releases distributed by Emerging Pictures in 2015 (Soaked in Bleach, I Am Chris Farley) opened up access to new markets such as San Francisco, Pittsburgh, Seattle, Long Beach, Ottawa, and Detroit. TYMs proprietary technologies for social media analysis and management are also being showcased at the upcoming ArtHouse Convergence conference in Salt Lake City, UT, next month. The latest version of Struttas software includes sweeping innovations in technology and user experience that are expected to boost conversion rates. Using data and social media analysis together with seamless digital delivery to theaters, Emerging Pictures enables content owners and exhibitors to be more effective and innovative in their distribution strategies and programming decisions.
Classifications
AskAI Classifications
LabelsLinked Companies
