Dallas, Texas (December 2, 2011) – StockGuru Shines its Spotlight on Vidable, Inc.(OTCBB: VIBE). Yesterday the Company announced the launch of Vidable Ads, a self-service advertising platform which will allow businesses and consumers to create a text or banner ad and have it displayed on our Vidable.com website within minutes.
The Company closed on December 1, 2011, at $0.04, trading in a fifty-two week range of $6.00 – 0.0111.
“We created our own self-serve platform to provide local businesses and other organizations with a quick way to advertise to users,” stated Lino Luciani, President of Vidable, Inc. “Due to the depth of information on the site, we expect that people using Vidable.com will typically be serious about buying and selling their products or services, and Vidable Ads lets an advertiser get their message in front of them at a critical point in the buying process and mindset.” Due to the level of targeting options coupled with the expected high commercial intent by visitors on Vidable.com, we believe advertisers will have an advantage advertising with us. We expect these factors will support Vidable’s ability to charge more for its ad inventory.
Vidable is a local e-commerce marketplace that connects buyers to sellers thru posted online videos. The Company is creating what it believes to be a new way for local merchants and consumers to attract buyers and sell goods and services.
“We have taken what we believe is a unique approach to our business going forward and establishing Vidable.com,” added Mr. Luciani. “We are now assembling a management team to launch our first test markets with a video-based e-commerce marketplace and this self-serve advertising platform is an important step in furthering our business plan.”
About Vidable, Inc. Vidable, Inc. is a development stage video based e-commerce marketplace company which intends to connect merchants and customers via streaming video, mobile technology and social media.
Forward Looking Statements:
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This press release includes 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 generally can be identified by phrases such as Vidable, Inc. or management of Vidable, Inc. “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, statements herein that describe management’s beliefs, intentions or goals also are forward-looking statements. It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what impact they will have on the results of operations and financial condition of Vidable, Inc. or the price of Vidable, Inc.’s common stock. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those indicated in such forward-looking statements, including but not limited to: the ability of Vidable, Inc. to compete successfully in the e-commerce marketplace, development or acquisition of technology to advance its platform, the ability of the parties to consummate the proposed transaction referred to herein, economic, regulatory and other risks known or unknown, that could cause actual results to differ materially from the forward-looking statements. The forward-looking statements included herein are made only as of the date of this release. Vidable, Inc. undertakes no obligation to update the forward-looking statements to reflect subsequent events or circumstances.
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