Buildablock Corp. (OTC Pink: BABL) (PINKSHEETS: BABL), owner of an online shopping platform,www.buildablock.com, which revolutionizes conventional online shopping, announced today that, in response to the overwhelmingly positive response to its recently announced entry into the Medical and Adult Use Marijuana (MMJ) space via its proprietary "Crowd-Buying / Crowd-Selling" platform, http://www.buildablock.com/category/Marijuana, the company has accelerated the deployment of its "Create a Deal" functionality.
BABL will now work directly with online MMJ retailers to incorporate its simple linking program into their websites. Retailers will be able to instigate and complete the user-friendly process autonomously. Once complete, the BABL button will drive ready-to-buy customers to a retailer's posted deal, thereby creating a critical mass of customers for the retailer and discount opportunities for the customers, a classic win-win.
Gary Oberman, BABL's President, stated, "We are convinced that accelerating the deployment of this functionality will allow us to become the dominant deal engine in the MMJ space. Now, by leveraging BABL's technology, MMJ industry players will be better able to facilitate client-initiated deal opportunities, which should help improve their bottom lines." Mr. Oberman further stated that, contrary to other online deal engines, BABL's consumer-branded negotiating platform ensures transparency in the negotiating process. "Retailers frustrated with deep discount obligations imposed by companies like Groupon can now negotiate large deals in real-time and compromise margins only to the extent necessary to close deals with their customers," Mr. Oberman concluded.
About Buildablock Corp.
Buildablock.com is an online shopping platform that revolutionizes conventional online shopping. We bring together great ideas, such as group discounts, wish lists, online negotiations, and more into a unique venue that empowers shoppers to save on the items they want from the merchants they choose.
Safe Harbor. This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with OTC Markets, Inc.'s OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT:
Buildablock Corp.
Investor Relations
Gary Oberman
(646) 963-6001 x711
(855) 946-5255 x711
ir@buildablock.com
SOURCE: Buildablock
Associated Documentation:
Link to submission on http://www.eteligis.com
BABL_3-28-2014_MAQ_ETL.docx
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