WEST PALM BEACH, FL -- (Marketwired) -- 06/13/14 -- FastFunds Financial Corporation ("FastFunds" or the "Company") (OTCQB: FFFC) and its wholly-owned subsidiary, Cannabis Angel, Inc., a company involved in providing financing alternatives, corporate finance and general management consulting services to early-stage cannabis companies and projects, are pleased to announce the design completion of a new smartphone app dedicated exclusively to the marijuana community.
The Company is currently scheduling interviews with several mobile app developers that have expertise in iOS and Android mobile app development. The Company plans on finalizing and entering into an agreement with a team of developers within the next 30 days.
The Company's current design plans for the app are complete and include several interactive features that will be of interest to the cannabis grower community. The Company anticipates the development of the app to be completed within a 6 month timeframe and intends to have the app submitted to both the App Store and Google Play platforms. Once development of the app is complete, the Company plans on initiating an online marketing campaign to generate awareness to the new mobile app. The Company intends to market the mobile app under a "freemium" based model. The app itself wouldn't cost users anything to download, although additional premium features could be unlocked by paying a nominal fee. The Company plans on targeting the cannabis grower community with the development of this new app and anticipates recurring revenues to be generated through premium feature purchases and geographically targeted ad space and sponsorships within the app itself.
In addition, the Company would like to announce the online video interview broadcast of Mr. Rob Ryan, President of the Ohio Chapter of NORML.org on GreenEnergyMedia.TV's Cannabis Live. The interview consists of valuable information pertaining to both the recreational and medical marijuana industries, including Mr. Ryan's insights pertaining to legalization and decriminalization. The Company would like to extend their gratitude to Mr. Ryan for his time and effort in completing this interview.
The Company looks forward to conducting additional interviews with industry experts and assisting them in attracting the attention needed to further their individual mandates as organizations within the cannabis industry. GreenEnergyMedia.TV was built for the purpose of adding value by providing an interactive outlet that allows people to share information and ideas on the cannabis industry and the communities that surround it.
Shareholders of the Company can also expect to receive further updates next week.
About FastFunds Financial Corporation
FastFunds Financial Corporation is a holding company that is publicly traded on the OTCQB exchange, under the symbol "FFFC." The Company currently operates in the financial services industry segment with a single credit card services portfolio. The Company is currently seeking new business opportunities to diversify and complement its current services and products, to enhance its technical capabilities and to offer growth opportunities to its stockholders. The Company recently announced the formation of Cannabis Angel, Inc., a company involved in providing financing alternatives, corporate finance and general management consulting services to early-stage cannabis companies and related ventures. Most recently, the Company developed and launched GreenEnergyMedia.TV. This new website acts as an interactive social media hub that caters exclusively to providing the medical and recreational marijuana communities with access to several hundred news and social media feeds in real-time.
This news release may include "forward-looking statements" regarding FastFunds Financial Corporation, and its subsidiaries, business and project plans. Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections. Where FastFunds Financial Corporation expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. FastFunds Financial Corporation does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For Further Information Please Contact:
FastFunds Financial Corporation & Cannabis Angel, Inc. Mr. Henry Fong Chairman and Chief Executive Officer Phone: (561) 514-9042
Source: FastFunds Financial Corp.