PEABODY, MA - (NewMediaWire) - August 20, 2015 - Peer to Peer Network (OTC PINK: PTOP) plans to acquire the C2A MobiCard Platform and sell all IP and Trademarks of the Psychic Friends Network brand no later than September 11, 2015. The Company plans to acquire the Intellectual Property of the C2A MobiCard Platform www.freemobicard.com including but not limited to the website, domain names, pending patent, trademark and goodwill as per the terms of the Strategic Expansion Agreement executed on May 29, 2015 with Code2Action Inc. Code2Action Inc. will retain its core business -- a complete mobile marketing solution www.code2action.com -- and will continue that business accordingly.
The C2A MobiCard Platform has attracted a robust pipeline of individual and business subscribers as well as commission-based re-sellers in various industries such as real estate, networking, marketing, sales and consulting since its initial launch on April 16, 2015. The Company would also like to remind all interested parties of a conference call beginning promptly at 1pm EDT time today, Thursday, August 20. Dial in (712) 432-0375, passcode 106819#.
The Company plans to simultaneously divest its assets in the Psychic Friends Network intellectual properties, including but not limited to the PFN Trademark, website, domain names and goodwill through a bidding process that was initiated on August 12, 2015 by former co-founders Marc and Michael Lasky. An initial bid of $10,000.00 was submitted to the Company by the Laskys.
The Company has agreed to accept additional bids from other interested parties that must be submitted in writing and requires increments of a minimum $2,000 and a deadline for submitting the final bid by August 31, 2015 at 3pm Eastern daylight time. The Company will accept bids by fax (978) 522-8466, email firstname.lastname@example.org or mail: Peer to Peer Network, 45 Central St., Peabody, MA. 01960.
ABOUT Peer to Peer Network
Peer to Peer Network ("PTOP") is a holding company of innovative peer-to-peer ventures focused on broad-based marketing providing peer-to-peer services focused on adding value for users. Its current holdings include The Psychic Friends Network and an exclusive license to Code2Action's C2A MobiCard mobile business card technology platform and networking services.
ABOUT Code2Action Inc.
Code2Action Inc. is a technology based mobile solutions provider serving businesses, advertisers, consumers and brands. Through its subscription based, in-the-cloud, mobile media platform, Code2Action's multi-channel messaging gateway enables marketers to reach consumers on all types of connected devices, with information that engages interest, drives transactions and strengthens relationships and loyalty. Visit http://www.code2action.com
Code2Action has created a proprietary new mobile business card platform, branded C2A MobiCard, a powerful business solution that enables users to create, share, track and analyze leads and referrals in real time. Visit http://www.freemobicard.com
Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements 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. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our SEC filings. 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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