We hope that you still have AppSwarm, Inc. (SWRM) on your radar!
After gapping up over +57% from our alert price last week, this small-cap developer of application-based games and technology company is still trading well above our alert price.
It appears to be gearing up for another monster run after last weeks positive news that AppSwarm management has reduced corporate debt by $571,678.74.
This announcement greatly enhances AppSwarm’s balance sheet and can create greater funding opportunity to progress their business opportunities that are ready to launch.
In addition to its current model of specialization in mobile-based gaming, this new financial position will allow AppSwarm to pursue larger merger and acquisition targets in the technology sector, and to broaden their revenue bases to symmetrical areas that generate revenue without increasing company overhead.
We are urging all of our subscribers to pull up SWRM on their trading screen right now, and to continue to keep a close eye on it.
AppSwarm accelerates the development of mobile games and fast-tracks them to market. The company partners with game developers through joint ventures, royalty agreements, marketing partnerships, and outright purchase through their publicly-traded company on the OTC markets, ticker SWRM.
SWRM is not just an incubator. They get involved with developers who have a phenomenal product close to launch.
Since user experience and the target audience are critical to success, they qualify candidate mobile apps by thoroughly testing engagement, retention, virality and monetization.
They then accelerate the development through funding, technology and marketing expertise, as well as a unique eco system that accelerates user acquisition.
AppSwarm accelerates the development through funding, technology and marketing expertise, as well as an eco-system that accelerates user acquisition. The Company offers AppSwarm, which is an application incubation firm focused on acquiring applications for all forms of devices.
AppSwarm offers complete, end-to-end services for mobile application development across all platforms, including Apple iPhone, RIM’s BlackBerry, Google’s Android and Microsoft’s Windows Mobile.
Large global mobile game companies have created almost impossible barriers to entry for small developers with limited access to funding and critical business expertise. SWRM works to solve that problem.
Many developers and creative thinkers have great ideas but don’t understand the business of launching an app or marketing their product. They often launch without a user acquisition strategy and in many cases without a revenue model. The fortunate developers that manage to get funded all too often attempt to fix customer acquisition and monetization problems post launch but end up accelerating the burn rate, entering into a constant ‘hands out’ funding spiral, and eventually failing.
AppSwarm has agreements in place with all of the application stores and is able to assist with application development. It has developed a screening process called The Swarm. This selective screening process encompasses various stratums and allows the Company to review each application idea it receives.
SWRM works to accelerate the development of mobile apps, baking in both a user acquisition and monetization strategy as part of the business before launching. The combination of understanding the games you’re operating, the audiences playing them, and the process to connect the two, all at the highest level in the industry, leads to success.
AppSwarm Corp. Retires Majority of Corporate Debt
TULSA, OK / ACCESSWIRE / February 1, 2017 / AppSwarm, Corp. (OTC PINK: SWRM), a company that focuses on the acquisition and development of application-based games and technology, has announced a retirement of over $571,678.74 in corporate debt.
Working with our debt holders over the course of the last six months, AppSwarm management has reduced corporate debt by $571,678.74. This greatly enhances AppSwarm’s balance sheet and will create greater funding opportunity to progress our business opportunities that are ready to launch. This effort is a major move in planned action steps to replenish resources and strengthen corporate creditworthiness.
In addition to its current model of specialization in mobile-based gaming, this new financial position will allow AppSwarm to pursue larger merger and acquisition targets in the technology sector, and to broaden our revenue bases to symmetrical areas that generate revenue without increasing company overhead.
AppSwarm management states, “We’ve been eager to move forward on multiple projects, but felt strongly that the best way to do so was to first restructure and improve the financial position of the company. After a season of foundation building, 2017 will launch with immediate expansion and we’re excited to bring forward revenue growth and profitability that fulfills our business model.”
We accelerate the development of mobile games and fast-track them to market. We partner with game developers through joint ventures, royalty agreements, marketing partnerships, and outright purchase through our publicly-traded company on the OTC markets, ticker SWRM.
“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk, and other risks detailed from time to time in the Company’s filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM’s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.
Investor and Media Contacts:
RECENT NEWS AND DEVELOPMENTS:
Fri Oct 14th, 2016
Thu Jul 7th, 2016
- AccesswireAppSwarm, Inc. Announces the Worldwide Exclusive Distribution and Publication Rights to the Mobile Game “Dead Uncleansed” On the iOS and Android Formats
Thu Jun 23rd, 2016
Thu Jun 2nd, 2016
Thu Feb 25th, 2016
UPDATES TO FOLLOW….
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