MMUH - Mobile Media Unlimited - Page 13
14 minutes ago - Globenewswire
Symbol Last %Chg
MMUH 0.0013 116.67%
As of 11:14 AM ET 7/22/10
MMUH (Pink Sheets:MMUH) announces today its acquisition of Enable Software, a comprehensive systems/technology developer with white label solutions for clients that provide streamlined, turnkey solutions for various hosted email management platforms, each with specific needs.
A Board Resolution has been filed appointing Enable founders David Lovatt and Daniel Jenkins as MMUH CEO and Senior Vice President respectively. Jenkins comments on the acquisition: "This is an exciting time for us as Mobile Media Unlimited Holdings has taken on active revenue streams with a solid client base worldwide, including a Hong Kong based client, VClouds, a European provider, and a brand new Australian based customer for whom Enable created a hosted email management system for their 20,000+ users."
The company is currently working diligently toward the launch of its new corporate website which will feature a crisp, clean interface with a well-branded home page, service outlay for clients, investor relations, press and an executive bio and contact page.
MMUH will also be releasing a corporate services overview in the coming days to better define its overall strategy and source of revenue streams. Concurrently, MMUH is compiling necessary documents and information to post on www.OTCMarkets.com toward an upgrade in information tier toward overall transparency and accessibility for both new and prospective shareholders. News, progress and updates will be issued primarily via press release in a timely matter.
"We look forward to bringing shareholder value to MMUH with our extensive technology in a world where email management systems are becoming more and more valued by companies everywhere, large and small," states Jenkins. "Statistics have proven that customers need to hear about a product or service 7 to 9 times before they actually make the decision to buy something. Considering this in line with emails being one of the most effective, cost-efficient ways to reach targeted customers online, investing in proper email management software is nearly indispensable, and today's progressive companies recognize this."
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Mobile Media Unlimited Holdings, Inc.
CONTACT: Mobile Media Unlimited Holdings
+1 (407) 745-1604
Only interested if it creates a new floor, though
(By the by . . . acegraphx . . don't know if you are still haunting this board . . . I know you were watching this at one point . . any thoughts?)
This thread needs to be updated by the mods. MMUH is now Enable TS, Inc (ENTS). They did a 1 for 1000 R/S in April. I'm not a big fan of this stock.
Mobile Media Unlimited Holdings, Inc. Confirms Restructure And Name Change To EnableTS, Inc.
ORLANDO, Fla., Feb. 14, 2011 (GLOBE NEWSWIRE) -- Mobile Media Unlimited Holdings (Pink Sheets:MMUH) announces today that it has filed the required forms with FINRA for a name change, symbol change and a reverse stock split of 1 for 1000.
"The purpose of the restructure is to give the business a fresh start and to take the emphasis away from previous business operations by focusing minds on the current management's exciting plans for the future," stated Danny Jenkins, CEO of Mobile Media.
Importantly, the Company will also file the required forms with the State of Delaware for a reduction in the Authorized Share Capital to 950m, down from 5bn, effective as soon as the reverse stock split is confirmed by FINRA.
"We need to take this stock away from the position where day traders are able to double their money overnight, but keep the company trading at the bottom end each day. We believe raising the price through a reverse and showing the markets we are standing firm in not seriously diluting shareholders, that we can maintain a high value for this stock over the long term," continued Jenkins.
Mobile Media has recently changed the company name to EnableTS, Inc. with the State of Delaware and is expecting FINRA to confirm this new name and to issue a new trading symbol within the next ten days.
Mobile Media Unlimited Holdings, Inc. recently displayed its new branding including new corporate logo, brochureware and website. The company also announced an exciting new product range in Cloud Based Storage, currently code named Project Jupiter.
Edited by Dubb - 5/3/11 at 1:55am