MC Endeavors, Inc. /Room 21 Media Launches Automated Revenue Directory Module on Room 21 Media Platform and Provides Sharehol...
August 24 2018 - 9:30AM
LAGUNA HILLS, CA, Aug. 24, 2018 (GLOBE NEWSWIRE) -- MC
Endeavors, Inc. /Room 21 Media (PINKSHEETS: MSMY) today
announced the official launch of the new Automated Revenue
Directory Module. The new revenue module is available for all
installations of the Room 21 Platform. This exciting new feature
can be re-used in any market vertical and the first installation of
the new Automated Revenue Directory module is for Megola,
Inc./TheShare.TV (Pinksheets: MGON) and www.GetDetoxNow.com. The
module features an automated sales funnel process that uploads raw
data which is then converted into a video guided sales funnel
process resulting in Monthly SAAS (Software-as-a-Service) Revenues.
The announcement was made by John Stippick, CEO of MC
Endeavors/Room 21 Media. John stated “We are excited about the new
Automated Revenue Directory module as we are first launching with
TheShare.TV and GetDetoxNow.com. To view the system in action,
simply visit TheShare.TV, click on Find A Rehab and then enter
California in the Search Box. You’ll see paying clients and also
click on “Claim Listing” to see the automated Verification
Process. This is only the beginning as we will launch the
next Automated Directory in SoberAfterCare.com and
VIPTalentAcademy.com. The three key components shareholders
should note is that: 1) The Automated Revenue Directory provides
Monthly SAAS revenues to the company 2) The entire process is
completely automated and self service to the clients and 3) The new
module is agnostic to any industry and will be used across other
Room 21 platforms in healthcare, entertainment, and general
business. This is truly exciting as we’ve already received orders
for Featured and Verified Listings in the directories so we are
truly going in the right direction.”
John Stippick added, “Regarding general updates,
the Company is proud to say that we are working closely with our
various partners to ensure the launch of TheShare.TV for Labor Day
Weekend. We wanted to launch the Automated Revenue Directory first
as an added revenue generator for our company prior to launch of
the channel. The Company has decided to withdraw the early release
of the TheShare.TV mobile app and will launch at the committed time
of Labor Day. We will initially launch on Android with rapid follow
up on Apple iOS. We are committed that our app will far outpace
other content distribution apps such as Netflix and HBO (which have
no social features) and will allow us to easily justify our monthly
subscription fee to the apps we develop. Additionally, we have
already started work with our partners for ROKU and Rabbit TV
distribution as well. Lastly, we are continuing to work with
FINRA regarding name and symbol change as we respond to their
comments.”
Mr. Stippick continues, “While much fanfare has
gone to TheShare.TV spinoff, we want our shareholders to know that
this is only one instance of the total Room 21 Platform plan.
TheShare.TV is a great company for one specific market and for us
is a “proof of concept” of the total power and capability of the
Room 21 Media Platform as we pursue large and mid-cap companies in
entertainment, healthcare, and general business. This first of a
kind large scale deployment with many new technologies is typically
the most costly but in our model the investment in the launch will
ultimately translate into revenues to MSMY and equity value of MGON
which is owned by our MSMY shareholders. It is important for our MC
Endeavors/Room 21 Media shareholders to know that TheShare.TV is
our largest publicly held client that is growing rapidly and will
provide revenues to MC Endeavors, Inc. TheShare.TV needs the
technology infrastructure of Room 21 Media. TheShare.TV/MGON will
continue rely on Room 21 Media as its largest platform provider and
vendor to continuously provide network content for its advertisers,
sponsors and all types of commerce which brings additional income
and revenue to Room 21 Media. In our business model, MC
Endeavors, Inc. owns 2 very important aspects of TheShare.TV/MGON:
1) 51% of All Voting Rights and 2) The ability to mold MGON into a
healthy viable company for which all MSMY shareholder will benefit.
The final MGON share structure will deservedly benefit MC Endeavor
shareholders for bringing the “dead company” back to life. Our
corporate and legal team have the experience as proven with the
clean up of MC Endeavors, Inc., the same team of experts will do
the same for MGON and create a structure that benefits the owners
of Megola, Inc. which is MC Endeavors/Room 21 Media.”
Mr. Stippick added, “Regarding our last
Information Disclosure Statement and the comments regarding
outstanding “toxic” notes, I want to re-iterate that we will NOT be
taking any toxic “death spiral” notes. Our team has worked too hard
for many years and we refuse to take money on bad terms. We’d
rather make the success happen the “good ol’ fashion way”, sell our
products and rely on our revenues. From time to time, we will
use our shares as currency to obtain financing as that is normal
for any public company. All of our investors are friends and family
that believe in our long term growth. Furthermore, as per our
legal counsel, any restricted shares of a former shell must be held
for two years. Period. So, it simply isn’t possible to convert
restricted shares of a former shell into free trading for at least
two years. A company that has been designated as a shell is now
required to have a two year hold on the restricted
shares.”
Mr. Stippick concludes, “This is truly an
amazing time for our company and the shareholders of MC Endeavors
as we move forward into generating income revenue from the products
and companies that we have created. I personally want to
thank each shareholder whether cheerleader or critic. Our
“cheerleaders” give us encouragement and strength and the “critics”
have challenged us to be better than we ever could have thought!
With our new income generating Room 21 Media Platform modules,
upcoming Mobile App, and launch of TheShare.TV, we firmly believe
we have a bright future ahead.”
About MC Endeavors, Inc. /Room 21 Media
MC Endeavors, Inc. (OTC Pink: MSMY), an
innovator in social commerce platforms, is committed to becoming a
leading global social video commerce company that utilizes a single
core platform, Room 21™, to produce, distribute, and monetize
online communities for individuals and businesses that interact
with industries ranging from industrial business to healthcare to
entertainment.
About TheShare.TV
TheShare.TV is a subsidiary of MC Endeavors,
Inc., and is the first and only network channel for
addiction treatment and recovery lifestyles. The network is
developing, producing, and distributing original addiction
treatment and sober lifestyle television programming to a worldwide
audience. The original programming promotes long term recovery,
inspiration, and awareness through education, support, music and
entertainment. For more information, please visit
https://twitter.com/TheShareTV.
Safe Harbor Statement – In addition to historical information,
this press release may contain statements that constitute
forward-looking statements within the meaning of the Securities Act
of 1933 and the Securities Exchange Act of 1934, as amended by the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements contained in this press release include the intent,
belief, or expectations of the Company and members of its
management team with respect to the Company’s future business
operations and the assumptions upon which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future
performance, and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Factors that could cause these
differences include, but are not limited to, failure to complete
anticipated sales under negotiations, lack of revenue growth,
client discontinuances, failure to realize improvements in
performance, efficiency and profitability, and adverse developments
with respect to litigation or increased litigation costs, the
operation or performance of the Company’s business units or the
market price of its common stock. Additional factors that would
cause actual results to differ materially from those contemplated
within this press release can also be found on the Company’s
website. The Company disclaims any responsibility to update any
forward-looking statements.
SOURCE MC Endeavors, Inc
RELATED LINKS
http://www.room21media.com
http://www.theshare.tv
http://www.treatmentmedia.com
https://restoredetoxcenters.com/
http://www.facebook.com/restoredetoxcenters/
Restore Google+
https://www.instagram.com/restoredetoxcenters/
http://www.getdetoxnow.com
http://www.soberaftercare.com
http://www.instagram.com/room21media/
http://twitter.com/Room21Media
http://www.youtube.com/channel/UCLm2mpIXHbaXJazDF6jkQrA
http://www.youtube.com/channel/UCEaK6rwEHwS4Jm8O0I4LIkQ
http://twitter.com/TheShareTV
http://www.facebook.com/thesharetv/
http://www.instagram.com/thesharetv/
http://plus.google.com/113465667566661917974
http://www.facebook.com/treatmentmedia
http://twitter.com/MediaTreatment
http://plus.google.com/+TreatmentMediaCostaMesa
http://www.instagram.com/treatmentmedia/
http://www.get-detox-now.com
http://www.facebook.com/Getdetoxnow-1661353570604273/
http://twitter.com/GetDetoxNow
http://www.instagram.com/getdetoxnow/
http://twitter.com/SoberAftercare
http://www.instagram.com/soberaftercare/
https://restoredetoxcenters.com/
http://www.facebook.com/restoredetoxcenters/
Restore Google+
For further information contact:
John Stippick
President
MC Endeavors, Inc/Room 21 Media/Megola Inc.
Phone: (310) 986-6373
E-mail: johns@room21media.com
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