Buildablock Corp. Agrees to Joint Venture for Digital-Coupon/Daily-Deal Website, "Socialbud", to Serve the Red-Hot Canadian Cannabis Market
SocialBud to Operate on Buildablocks's BUD-X.COM Domain (www.Bud-X.com)
Miami, FL / ACCESSWIRE / December 2, 2014 / Buildablock Corp. (OTC Pink: BABL) (BABL), owner of an online shopping platform, www.buildablock.com, which revolutionizes conventional online shopping, and www.BUD-X.com, an App for the recreational use marijuana market, announced today that it will be teaming up with a leading Digital-Coupon/Daily-Deal technology company for development of "Socialbud", a website that will serve the Canadian Medical Marijuana market.
BABL being able to secure this joint venture is the result of its "Crowd-Buying/Crowd-Selling" operating platform, a platform designed to assist those seeking to purchase medical marijuana avoid the frustrations of finding acceptable retail locations. In addition, it is expected that the joint venture will provide both venture parties a stronger push into the Canadian market.
BABL's CEO, Gary Oberman, said, "This is an important opportunity for both parties and will help realize the company's objective to monetize its service offering. We are excited to launch the Socialbud venture on our BUD-X.com domain, as it can only help our BUD-X.com app."
About Buildablock Corp.
Buildablock.com is an online shopping platform that revolutionizes conventional online shopping. We bring together great ideas, such as group discounts, wish lists, online negotiations, and more into a unique venue that empowers shoppers to save on the items they want from the merchants they choose.
Safe Harbor.
This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with OTC Markets, Inc.'s OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT:
Buildablock Corp.
Investor Relations
Gary Oberman
(646) 963-6001 x711
(855) 946-5255 x711
ir@buildablock.com
SOURCE: Buildablock Corp.
