CARSON CITY, Nev., Sept. 26, 2011 /PRNewswire/ -- Vidable, Inc. (OTCBB: VIBE) (the "Company") announced officially today its June 2011 name change to "Vidable, Inc." Previously, the Company was known as "The Blackhawk Fund" and was engaged in the acquisition and development of real estate properties in the United States. In addition, effective June 2011, the Company's quotation symbol on the Over-the-Counter Bulletin Board was changed to "VIBE.OB" in connection with the name change. The Company is now announcing a change in its business focus to online, social media and mobile.
"We are taking a new approach to our business going forward and we expect to implement a business model that will be centered on developing an e-commerce marketplace," stated Vidable President Mr. Lino Luciani. "We are now assembling a management team to explore the online, social media and mobile industries with a focus on streaming video. We believe the name 'Vidable' best reflects the Company's new direction."
About Vidable, Inc. The Company is re-launching its business activity to focus on the online, social media and mobile industries. Management is currently exploring opportunities to operate a company that can connect people and business in new and exciting ways.
Forward-Looking Statements and Safe Harbor Statement:
The information provided herein may include forward-looking statements. These forward-looking statements may be identified by the use of terms and phrases such as "anticipates," "believes," "can," "could," "estimates," "expects," "forecasts," "intends," "anticipates," "may," "plans," "projects," "targets," "will," and similar expressions or variations of these terms and similar phrases. These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Such forward-looking statements include, without limitation, projections about our possible future results, statements about our plans, strategies, business prospects, changes and trends in our business and the markets in which we operate. Additionally, statements concerning future matters such as new business models, new products, product enhancements, new technologies, sales levels, expense levels and other statements regarding matters that are not historical are forward-looking statements. Management cautions that these forward-looking statements relate to future events or our future financial performance and are subject to business, economic, regulatory and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements of our business or our industry to be materially different from those expressed or implied by any forward-looking statements. There is no certainty or assurance that any prospective events referenced as forward-looking statements will be achieved. The Company undertakes no duty to provide updates with respect to matters disclosed in this press release.
Mike Cribbin: 775-887-0670
SOURCE Vidable, Inc.