UMKR Name Change Approved and Symbol Change Is Processing
BELLINGHAM, WA--(Marketwired - Dec 12, 2013) - U.S. Mine Makers, Inc. (OTC Pink: UMKR) has filed and been accepted for a name change to better represent the goals and future of our business model. The new name will be Vid3g, Inc. U.S. Mine Makers, Inc. has also had their transfer agent, Transfer On Line, Inc. file for a symbol change through FINRA. We are expecting the name and symbol change to take affect with the next 10 business days.
With the burgeoning mobile video application business worldwide, UMKR/Vid3g will be able to not only have name recognition, but will become a leader in Asia and then other markets around the world. With our launch of the Vid3g application expected to come in the first quarter of 2014, our patented mobile application by the Chinese Academy of Sciences will be desired around the world.
China Mobile, the largest carrier by subscriber count in china with more than 700 million users will be launching a new brand for mobile service December 18th, 2014 during its 4G Global Partners Conference. The move is expected to coincide with its launch of Apple's latest iPhone 5s and 5c models. With Vid3g already being compatible on the iOS platform this gives our rollout of our product even more significance.
To see a demonstration of this cutting edge technology we invite all to go to our website for a live demo at www.vid3g.com.
In China, Instagram, Twitter/Vine and Snapchat are all banned, which opens the opportunity for Vid3g to become the leader in the Asian markets.
Dan Clayton, CTO and President of Vid3g, states, "With our launch coinciding around the Chinese New Year, we are excited to bring this product to the market for the most festive of holidays in all of Asia."
Roy Bosa, CEO of UMKR, states, "We are progressing daily through our technology team to become a major force in the Asian Market for mobile video applications. Now that we have filed for name and symbol change we believe that this will truly benefit the company as well as shareholder value."
Safe Harbor
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, The words or phrases "would be," "would allow," "intends to," "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," " considers," or similar expressions are intended to identify "forward-looking statements."
Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
