Welcome!

News Feed Item

ROSV Soft Launches iWeeds.com to Capture Growing Industry Market Share

SAN DIEGO, CALIFORNIA -- (Marketwired) -- 02/11/14 -- Rostock Ventures Corp. (OTCBB: ROSV) (the "Company") - iWeedz.com, an innovative platform using geo-location to enable dispensaries to communicate real-time and instant product offers to nearby consumers, today announced that it has soft launched iWeedz.com. The purpose of the soft launch is to work with vendors and consumers to obtain feedback to ensure iWeedz meets their needs and demands. Unlike Groupon or LivingSocial, iWeedz will not take any of the profits. iWeedz will monetize by charging the dispensaries a monthly fee. Dispensaries and vendors will have a back office to which customers will be able to interact and transact directly with the vendors. Dispensaries will be able to list their inventory, post daily deals, process payments and communicate with customers via email and sms (text messaging). iWeeds will not only be a tool for vendors but also a resource for consumers wanting to learn about medical marijuana.

"Given that there are more dispensaries in the City of Angels, than there are Starbucks we feel this is only the beginning. CNBC quotes that the Marijuana Market could be upto $120 billion dollars and growing (http://www.cnbc.com/id/36179677) and we are seeing many companies jumping onto the opportunity. We, on the other hand, have taken a different approach because we feel with the amount of dispensaries and grow ops marijuana can become a price driven commodity due to competition. This is good for the consumer, and "we feel there is a more stable opportunity in becoming a resource technology for this new sector," stated Gregory Rotelli, President Rostock Ventures.

iWeedz.com search engine will be a cannabis information resource that connects consumers with vendors or like-minded individuals. iWeedz will streamline the process of finding the right strains and products for you comfortably, fast and simple. Whether you're new to cannabis, a medical marijuana patient, or simply a recreational consumer, iWeedz is the perfect destination for you!

iWeedz.com for vendors will be a cloud based solution to manage inventory, post daily deals, attract new customer with proximity marketing via mobile phones, engage with customers via email & text messaging and offer payment processing. For further development updates and to view UI mockups go to:

http://www.iWeedz.com

Rostock is also evaluating and contemplating service agreements and other opportunities that will assist Rostock's corporate growth and gain a foothold within this dynamic sector.

About Rostock Ventures:

Recently the company's Board of Directors has voted to initiate a 5-for-1 forward split of the Company's common shares payable to our shareholders of record. At this time the Board has not selected a record date to implement the forward stock split, but once a final record date is established, it will be announced. The Company anticipates that the forward stock split will occur early in 2014. Once we have implemented the 5-for-1 forward stock split, the Company's common stock will begin trading on a split-adjusted basis and the shareholders of record as of the selected record date will then own five shares for every one share previously owned. For example, if you owned 200,000 shares at the close of the record date you will be entitled to 1,000,000 shares after the split occurs. Presently the Company has approximately 41,000,000 shares of its common stock issued and outstanding giving the company a market cap of just over $2 million. The Board and management feel that forward splitting the shares will increase liquidity in the Company which will give our shareholders added value and thus enabling the Company to seek potential new projects.

Forward-looking Statements:

Some of the statements contained in this press release are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements, including the risks and uncertainties related to the progress, timing, cost, and results of technology programs; competition from other companies; and the Company's ability to obtain additional funding required to conduct its activities. Please refer to the company's filings with the Securities and Exchange Commission for a comprehensive list of risk factors that could cause actual results, performance or achievements of the Company to differ materially from those expressed or implied in such forward looking statements. The Company undertakes no obligation to update or revise any forward-looking statements.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"DivvyCloud as a company set out to help customers automate solutions to the most common cloud problems," noted Jeremy Snyder, VP of Business Development at DivvyCloud, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Kubernetes is an open source system for automating deployment, scaling, and management of containerized applications. Kubernetes was originally built by Google, leveraging years of experience with managing container workloads, and is now a Cloud Native Compute Foundation (CNCF) project. Kubernetes has been widely adopted by the community, supported on all major public and private cloud providers, and is gaining rapid adoption in enterprises. However, Kubernetes may seem intimidating and complex ...
While the focus and objectives of IoT initiatives are many and diverse, they all share a few common attributes, and one of those is the network. Commonly, that network includes the Internet, over which there isn't any real control for performance and availability. Or is there? The current state of the art for Big Data analytics, as applied to network telemetry, offers new opportunities for improving and assuring operational integrity. In his session at @ThingsExpo, Jim Frey, Vice President of S...
"DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy," said Roger Strukhoff, Conference Chair. "DX World Expo has organized these issues along 10 tracks with more than 150 of the world's top speakers coming to Istanbul to help change the world."
"We focus on SAP workloads because they are among the most powerful but somewhat challenging workloads out there to take into public cloud," explained Swen Conrad, CEO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"As we've gone out into the public cloud we've seen that over time we may have lost a few things - we've lost control, we've given up cost to a certain extent, and then security, flexibility," explained Steve Conner, VP of Sales at Cloudistics,in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We provide IoT solutions. We provide the most compatible solutions for many applications. Our solutions are industry agnostic and also protocol agnostic," explained Richard Han, Head of Sales and Marketing and Engineering at Systena America, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are focused on SAP running in the clouds, to make this super easy because we believe in the tremendous value of those powerful worlds - SAP and the cloud," explained Frank Stienhans, CTO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Peak 10 is a hybrid infrastructure provider across the nation. We are in the thick of things when it comes to hybrid IT," explained , Chief Technology Officer at Peak 10, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"I think DevOps is now a rambunctious teenager – it’s starting to get a mind of its own, wanting to get its own things but it still needs some adult supervision," explained Thomas Hooker, VP of marketing at CollabNet, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are still a relatively small software house and we are focusing on certain industries like FinTech, med tech, energy and utilities. We help our customers with their digital transformation," noted Piotr Stawinski, Founder and CEO of EARP Integration, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.