Mobile MatchMaking, Inc. (Pink Sheets: MLOV News), a mobile applications company delivering category specific mobile dating applications and matchmaking services, announces its approval of a corporate action request for name change and stock (ticker) symbol. The company also received FINRA approval on a requested twenty-five hundred (2,500) for one (1) reverse stock split, along with a reduction in its authorized shares from one hundred billion, to one hundred million, all of which has been finalized and completed.
Prior to the effectiveness of its name change, the company operated under the name of Zippi Networks, Inc. (ZIPZ) an ebay partner and early entrant to the mobile app marketplace. The company's development of mobile applications dates back to 2008-2009, providing management with invaluable market related user data, as well as insight to an ever-expanding mobile app marketplace. The company is pursuing a mobile dating strategy, as this rapidly growing category is projected to grow by four (4) billion in revenue over the next three (3) years.
Robert A. Rositano Jr. , CEO of Mobile MatchMaking, Inc., stated, "Having built several Internet related businesses over a 20 year span, mobile is moving at a speed unlike anything I have ever experienced. Accessibility and mobility are now one in the same, and dating as a category continues to soar in popularity and user acquisition, making up the majority of Apple iTunes top grossing apps." "Mobile MatchMaking is preparing to announce our first of many dating specific applications, as we will focus on building and buying the correct apps, with advanced features that promote in app purchases and subscription revenue growth," said Rositano Jr.
About Mobile MatchMaking , Inc.:
Mobile MatchMaking provides a unique mobile dating experience, tailored to fit todays mobile Lifestyle. Providing matchmaking services through mobile applications (app's) that are personalized for each user or "dating category". Offering a wide variety of Mobile dating services, appealing to users of different ages, backgrounds and social interests. Categories include: (Traditional, Casual, Niche, Age, Religion and Social Discovery).
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as results of various factors including the ability of the company to successfully commercialize its new technologies and service offerings. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Mobile MatchMaking is a trademark of Mobile MatchMaking, Inc. All other trademarks or registered trademarks are the property of their respective owners.
SOURCE Mobile MatchMaking, Inc.