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MOKO Social Media (ASX: MKB) could gain access to as many as 10 million students in over 600 U.S. colleges for its mobile REC.IT platform with an agreement with with IM Leagues LLC (IML) and its website.
IML offers a suite of tools from online signup to comprehensive scheduling required to manage college intramural leagues.
MOKO has secured the exclusive mobile rights to IML’s data, which expands the addressable audience of the company's REC.IT platform.
The company will then look to monetise this platform by selling mobile advertising to sponsors, businesses and organisations seeking exposure to the U.S. college student demographic.
MOKO will also place up to 36 million new shares at $0.11 to raise $4 million, with the company also commencing the NASDAQ listing process.
MOKO Social Media (ASX: MKB) could gain access to as many as 10 million students in over 600 U.S. colleges for its mobile REC.IT platform with an agreement with with IM Leagues LLC (IML) and its website.
IML offers a suite of tools from online signup to comprehensive scheduling required to manage college intramural leagues.
MOKO has secured the exclusive mobile rights to IML’s data, which expands the addressable audience of the company's REC.IT platform.
The company will then look to monetise this platform by selling mobile advertising to sponsors, businesses and organisations seeking exposure to the U.S. college student demographic.
MOKO will also place up to 36 million new shares at $0.11 to raise $4 million, with the company also commencing the NASDAQ listing process.
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