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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Monster Arts Inc (CE) | USOTC:APPZ | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.000001 | 0.00 | 00:00:00 |
ORANGE COUNTY, CA / ACCESSWIRE / December 2, 2015 / Monster Arts, Inc. (PINKSHEETS: APPZ) announces that its Board of Directors has approved a change in its name from "Monster Arts, Inc." to "Aviation M, Inc.", and intends to file the appropriate documentation with the Securities and Exchange Commission, including the 14C Information Statement, Nevada Secretary of State and FINRA to effect the change in name.
The 14C Information Statement will be sent to every holder of the shares of common stock of Monster Arts who is entitled to vote on any matter for which Monster Arts is not soliciting proxies. The shareholders holding a majority of the total issued and outstanding shares of Monster Arts will be signing a written consent resolution and, therefore, Monster Arts will not be soliciting proxies.
Monster Arts has been strategically focused on a particular app-based technology that its CEO invented in 2010, after showcasing a similar technology to the legislators and participants at the invitation of the US Department of Transportation in September 2010.
Monster Arts believes that its technologies, originally developed to assist in the location, monitoring, and tracking of missing children, commercial vehicles, and teenagers driving habits, along with some of the advances developed by its subsidiary, have been identified to be extremely valuable in the space of monitoring the identification, tracking, and travel patterns of non-commercial and light commercial drones or unmanned aerial vehicles.
Further, Monster Arts sees the development of this technology as the next frontier for the advancement of mobile technologies and is enthused to aggressively continue to develop its current and legacy tracking technologies for the purpose of supporting the exploding drone industry, the likes of which have been showcased in the Wall Street Journal, The Boston Globe, Good Morning America, The Today Show, The Doctors, and hundreds of other mainstream news and media outlets.
About Monster Arts
Since 2010, Monster Arts (PINKSHEETS:APPZ), along with its corporate predecessors, affiliates, and venture partners, have been developing, and are continuing to develop, smart device GPS and intelligent-location driven tracking software, with an emerging focus on the fast growing Drone/Unmanned Aerial Vehicle space. In addition, the Company continues to expand its paying subscriber and partner base, through Trick or Tracker(R), FanPic.com and TravelAmericaVisitorGuide.com, among other products and related services.
PRESS CONTACT:
Wayne Irving
CEO
Monster Arts, Inc.
(725) 222-UAV1
fly@aviationm.com
Safe Harbor Statement:
Any statements contained in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including, but not limited to, the risks associated with the management appointment described in this press release, and other risks identified in the filings by Monster Arts, Inc. (APPZ), with the U. S. Securities and Exchange Commission. Further information on risks faced by APPZ are detailed in the Form 10-K for the year ended December 31, 2014, and in its subsequent Quarterly Reports on Form 10-Q. These filings are or will become available on a website maintained by the U. S. Securities and Exchange Commission at http://www.sec.gov. The information contained in this press release is accurate as of the date indicated. Actual results, events or performance may differ materially. Monster Arts does not undertake any obligation to publicly release the any revision to these forward-looking statements that may be made to reflect events or circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements.
SOURCE: Monster Arts, Inc.
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