NEW YORK, NY, United States, via ETELIGIS INC., 11/24/2014 – – InternetArray, Inc. (OTC Pink: INAR) (PINKSHEETS: INAR), announced that it has agreed to enter into an asset exchange transaction with Safer Shot, Inc., in which the Company will obtain the exclusive, worldwide marketing rights of Safer Shot’s Non-Lethal personal security weapons in exchange for InternetArray’s ownership interest in two social media platforms, SocialVoter.com and StockPlay.com. SaferShot’s patented, proprietary technology that includes the Bouncer™, Bouncer M-11™ and the Safer Shot Mini™ non-lethal weapons, will be highlighted on the BidSellBuy Personal Security Channel. The two companies plan to work together coordinating and developing operational plans for each enterprise.
The contemplated transaction, will allow InternetArray, to further implement the BidSellBuy Personal Security Channel, and consolidate its development and operational focus on BidSellBuy and PremierPawnStar.
About BidSellBuy.com (www.bidsellbuy.com)
The new BidSellBuy, is “multi-channeled” with unique auction and purchase functionality that will challenge the way people currently buy goods online by using the individuals that buyers are connected to on social networks to disrupt the normal buying cycle and offer new ways to shop online. Presently BidSellBuy incorporates two channels, its Cannabis Industry “Vape” or Vapor Products and Personal Security Products.
PremierPawnStar through its new website and the brick-and-mortar storefront will offer pawn loans to consumers and sell previously-owned merchandise acquired through collateralized loan forfeiture from its lending operations.
About InternetArray, Inc. (www.internetarray.com)
InternetArray, Inc. provides guidance and investment for innovative, early stage Internet companies. The Company’s mission is to identify and develop collaborative business partners into viable and profitable companies.
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management’s current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
SOURCE: InternetArray, Inc.