Mowjow Secures Funding and Provides Update
LONDON, October 14, 2013 /PRNewswire/ --
Mowjow (http://www.mowjow.com) enters into a 45 day phase to prepare for listing and launch.
Mowjow, a London based social gaming company that is creating innovative money games for mobiles and tablets, is pleased to announce that over the past weeks it has secured €600,000 in financing from its initial investor base.
In order to initially fund the company, Mowjow developed its own proprietary crowdfunding system, whereby investors were invited to participate in the early funding of the company and also to invite others to participate. The program was deemed a major success.
"This successful funding process now affords Mowjow the opportunity to focus over the next 45 days on the global launch of its unique social money game and proceed with it's upcoming public listing" states Andreas Christensen, Founder, Chairman & CEO of Mowjow.
"We are certainly pleased with our stakeholder interest to date and the fact that we have gained more than 400 initial shareholders" adds Christensen.
Christensen also states "We are now entering a new 45 day phase where we will be diligently finalizing plans for the launch of the game and the listing of the company and in doing so will enter a deemed "quiet period", which will limit the amount of information we disseminate to public".
London, October 14, 2013
Founder, Chairman & CEO
Mowjow is an online social gaming company providing a unique skill based social money game that lies in crossroad of some of the largest and fastest growing industries - interactive/social gaming and mobile applications. Mowjow's unique gaming model opens up to play for real money in previously restricted and inaccessible markets like in particular the US, which represents a major share of the digital economy. Mowjow offers a true global social gaming concept aimed at all the people who don't consider themselves gamblers. This target audience could be measured in billions of people. Mowjow is based in London, with development teams and operations in several locations within Europe and the US. The Norwegian entrepreneur Andreas Christensen founded Mowjow in 2008.
For further information, please contact: Mowjow Plc, Tel +44(0)845-2264-253, email@example.com
SOURCE Mowjow Plc