Antevorta Capital Partners are pleased to announce the acquisition of Ifolder Plc. Listed on the OTC segment of the GXG Markets UK
Ifolder Plc. (GXG: IFOL) and its directors are pleased to announce that the company has been acquired and its name has been changed to Ramble Mobile Plc. The new trading symbol is GXG: ROAM.
The company was listed as a SPAC (Special Purpose Acquisition Company) for the sole purpose of acquiring a company wishing to go public quickly.
- (1888PressRelease) November 29, 2011 - About Ramble Mobile Plc.
Ramble Mobile is a mobile virtual network operator (MVNO) that works in conjunction with your current provider. Ramble Mobile eliminates roaming charges while offering competitive calling card rates to its subscribers.The Ramble Mobile chip is a multifunctional miniature electronic device for mobile phones. It's an additional thin SIM card to be inserted into the user's cell phone in conjunction with the main, mobile operator's SIM card. Due to its thin, single-chip design, the Ramble Mobile chip is compatible with most GSM and even some CDMA cell phones.
Installation consists of one fairly simple procedure: open the cell phone and insert the Ramble Mobile chip along with the main mobile operator's SIM card. When turning the cell phone on with a Ramble Mobile chip inserted for the first time, the phone will automatically initialize and then ask user to enter a new pin code for security purposes. From there it's ready to work. After that no user action will be required (unless he needs to change some settings or obtain some additional information). These additional functions are available through a built-in user interface which can be activated by clicking on the Ramble Mobile program icon. This icon automatically appears among the phone's applications while the Ramble Mobile chip is inserted.
In addition, Ramble Mobile has an auto-update feature which allows for automatic firmware updates over the air. This feature serves various purposes, from maintaining software releases to activating Ramble Mobile's features according to the customer's profile and needs.
Early discussions with current mobile operating firms and SIM chip marketers indicate considerable interest in Ramble Mobile. This has already produced a key partnership with a major mobile network provider in Europe. Other discussions are currently underway, mainly in North America at this time with a future expansion plan to facilitate global sales.
The Company is looking to continue to pursue an important distribution and co-marketing channel for the business in different regions. These relationships will be primarily based on revenue sharing deals and some co-marketing.
About GXG UK Markets
GXG Markets UK, London OTC Exchange, is a dedicated UK market operation offering the full range of its market and trading solutions to SMEs within the UK.
GXG Markets operates a Regulated Market that delivers an efficient and transparent trading platform specifically designed to meet the needs of small- and micro-cap companies offering "new ways" in IPO's and Capital Markets.
ANTEVORTA CAPITAL PARTNERS is a designated corporate advisor on the GXG UK exchange and offers one-stop financial service solutions. We have experienced professionals with the necessary skills, market exposure and know how about overseas exchange venues to assist potential clients in every aspect of the IPO process, at home and abroad.
Cautionary Note Regarding Forward-looking Statements
Certain statements contained in this news release may constitute forward-looking information, within the meaning of UK securities laws. Forward-looking information may relate to this news release and other matters identified in the Company's public filings, Forward-looking information and anticipated events or results and can be identified by terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "projects", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts and include, but are not limited in any manner to, those with respect to capital and operating expenditures, economic conditions, availability of sufficient financing, receipt of approvals, satisfaction of closing conditions and any and all other timing, development, operational, financial, economic, legal, regulatory and/or political factors that may influence future events or conditions. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited in any manner, those disclosed in any other public filings of the Company, and include the ultimate availability and final receipt of required approvals, sufficient working capital for development and operations, access to adequate services and supplies, availability of markets for products, commodity prices, foreign currency exchange rates, interest rates, access to capital markets and other sources of financing and associated cost of funds, availability of a qualified work force, availability of manufacturing equipment, no material changes to the tax and regulatory regime and the ultimate ability execute its business plan on economically favourable terms. While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to risks and uncertainties disclosed in other Company filings and other unforeseen events or circumstances. Other than as required by law, the Company does not intend, or undertake any obligation to update any forward looking information to reflect, among other things, new information or future events.
Neither the GXG Markets UK nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
For more information please go to www.antevortacapital.com or www.ramblemobile.com
Or contact the company at info ( @ ) antevortacapital dot com
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