Strategic Global Investments, Inc. Acquires Social Media Company WaZuu, Inc.
February 01 2011 - 2:27PM
Marketwired
Strategic Global Investments, Inc. (PINKSHEETS: STBV) acquired
controlling interest in Wazuu, Inc., a Florida corporation and the
owner of the social media website www.WaZuu.com as well as other
social media websites, in an all stock transaction for an
undisclosed number of shares of STBV common stock.
The company has contracted with Lee Schwuchow, who founded
www.WaZuu.com six years ago, to continue his vision and continue to
develop the WaZuu, Inc. sites.
Strategic, from its inception, has looked to acquire, initiate
or develop properties, whether land-based or web-based that would
enhance its portfolio and increase shareholder value and it has
done that with the acquisition of WaZuu, Inc.
Strategic has taken the unique position, in the social media
world of developing projects from the ground up and applying them
to business for profit.
WaZuu.com is a social media site that promotes clubs, bars,
restaurants, radio stations, video gaming and churches as well as
other venues by providing live streaming video from their location
to the WaZuu.com site. Viewers can socialize with each other
through WaZuu Chat, Twitter, Facebook, Myspace and other social
media outlets that are integrated into the WaZuu environment. The
site's motto is, "Want to view it...WaZuu it!" followed with the
tag line: DO U WaZuu?
Andrew Fellner, President/CEO of Strategic, says, "We think the
purchase of Wazuu, Inc. was perfect timing to take advantage of the
incredible potential of the social media and social networking
environment taking place on the net. Working with Mr. Schwuchow has
enabled the Company to accelerate development using his 'modular
component' method of production. One member of our legal team said
that, WaZuu.com is like Facebook.com on steroids!"
Strategic Global Investments, Inc. is a diversified investment
company with ventures in real estate, social media and emerging
technologies.Strategic Global Investments is a Delaware Corporation
trading on OTC:STBV. The principal office is in Carlsbad, Ca.
www.strategicglobalinvestments.com | www.wazuu.com
Forward-Looking Statements are included within the meaning of
Section 27A of the Securities Act of 1933, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements
regarding our expected future financial position, results of
operations, cash flows, financing plans, business strategy,
products and services, competitive positions, growth opportunities,
plans and objectives of management for future operations, including
words such as "anticipate," "if," "believe," "plan," "estimate,"
"expect," "intend," "may," "could," "should," "will," and other
similar expressions are forward-looking statements and involve
risks, uncertainties and contingencies, many of which are beyond
our control, which may cause actual results, performance, or
achievements to differ materially from anticipated results,
performance, or achievements. We are under no obligation to (and
expressly disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise.
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Contact: Andrew Fellner 760-685-7171 ceo@wazuu.com
Strategic Global Investm... (CE) (USOTC:STBV)
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