Imobolis Announces FINRA Approval of Forward Stock Split, and Name Change to FrogAds, Inc.

LOS ANGELES, Dec. 12, 2011 /PRNewswire/ -- Imobolis, Inc., previously traded under the symbol (IMOB:BB) is pleased to announce that FINRA has approved a name change to FrogAds, Inc. (FROG:BB). In addition, FINRA approved a five for one (5:1) forward stock split of its common shares. The capital structure of the company currently consists of 90 million common shares, and 10 million preferred shares authorized.

Julian Spitari, CEO of FrogAds, stated "We are now about to embark upon a truly amazing adventure  with FrogAds, in that it is going to be the social networking ,and  commerce site and model of the future."

He further stated, "Our model may seem similar to other sites, such as Craigslist, however we have gone to the next level with the ease and simplicity of navigating to our site at  www.frogads.com, and making it possible for people to post ads for free, while being on a social network that brings people together at the same time."

FrogAds.com is a free global market place classifieds and Auction that enables you to post ads for 30 days the sites unique Features are  you can embed video code post your ad in multiply countries place it in our auction comment and review all in one posting and have complete access to monitor your daily analytics.

FrogAds.com is different from our competitors all our free posting run for 30 days you control all your content with full analytics there is no charge for free postings in all our categories ad placement is simple and simultaneously you can place your item for sale in our classifieds and auction you can embed video code and place the same ad in numerous cities locally or globally all within the same ad placement with ease  browsers have the option to directly comment and review each free ad posting this will highly eliminate  spam and quickly dissolve unwanted content to keep the site with accurate content we offer very low cost banner advertisement starting at $10 day you may place your paid banner globally for the same price we offer a free banner exchange service for companies that want to link to FrogAds  more important all advertisement banners placed on FrogAds reach the desired targeted audience our banners placement is strategic to the client and offers pin point accuracy for future business.

As free content is place on our site this will extrapolate our banner ads space to create an infinite space for future buyers.

SAFE HARBOR

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "believe," "anticipate," "intend," "estimate," "forecast," "project," "plan," "potential," "will," "may," "should," "expect," "pending" and similar expressions identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. A Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to Significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE FrogAds, Inc.