WBXU Company Description
Webxu, Inc. (OTC Pink: WBXU) is a media company that develops branded consumer Websites and acquires and integrates consumer-oriented businesses in the customer acquisition and e-commerce categories. The company also provides marketing solutions for online businesses, media agencies, and marketers. Webxu was founded in 2010 and is based in Los Angeles, CA. For more information about Webxu, visit http://www.webxu.com
Quote:
Webxu Signs First E-Commerce Project for Cartel Blue Hemp Clothing Line
LOS ANGELES, CA--(Marketwired - Mar 4, 2014) - Webxu, Inc. (OTC Pink: WBXU) announced today that it has signed the first e-commerce project with the Hemp, Inc. (OTC Pink: HEMP) eco-friendly brand Cartel Blue, a natural fibre clothing line.
Since the Webxu announcement on February 18, 2014 to provide services to Hemp and its associated companies through their subsidiary IHMMCC, Webxu has signed an agreement to provide up to six months of brand development and online and retail advertising initiatives for Cartel Blue.
"Webxu is excited to get this partnership off the ground by signing the first of many anticipated projects with Hemp," said Matt Hill, Webxu CEO. "We believe that the brand and advertising development services we provide for Cartel Blue will help market valuable eco-friendly products and services to the consumer for the Industrial Hemp Industry."
David Rhodes, Cartel Blue, Inc. CEO, said, "We are pleased to engage with Webxu to intensify our marketing strategy and intend to promote Cartel Blue's eco-friendly qualities that stem from hemp fiber." The hemp fibers in Cartel Blue's fibre apparel line provide strength, durability, elasticity, and the ability to withstand high temperatures without degeneration. Rhodes continued saying, "The high-end designer denim market has ballooned since 2000. In 2006, U.S. jeans sales were over $15 billion and now e-commerce sales for fashion and apparel have topped $40 billion. We believe this sustainable growth rate will continue and be solidified through a solid e-commerce experience that Webxu can provide."
"Hemp, Inc.'s subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC), is the best 'connected' consulting company in the industry and I am very proud to see the productive and profitable business relationship between our 'Community of Companies' materialize. Our plan to leverage the vast technology development resources from Webxu has come to fruition. The Cartel Blue natural fibre clothing line is positioned to become a leader in the high-end hemp apparel industry. Pairing Cartel Blue with Webxu made perfect sense and we are excited to see the results," said Bruce Perlowin, CEO of Hemp.
About Cartel Blue
Cartel Blue, an associated company with Hemp, Inc. (OTC Pink: HEMP), will launch in the Spring of 2014 and will feature eco-friendly hemp and natural fibre clothing lines including fashionable, comfortable jeans. Cartel Blue's apparel lines will feature physical advantages due to the length, strength, durability, elasticity, and antimicrobial qualities of their hemp fibers. For more information about Cartel Blue, visit http://www.cartelblue.com.
About Hemp, Inc.
Hemp, Inc. (OTC Pink: HEMP) focuses on the vast market created by the growing, multibillion dollar industrial hemp industry and strives to be the most diversified company in the sector. Hemp is not currently involved in the cultivation or marketing of medical marijuana. It is the company's belief that legalization of Industrial Hemp in all 50 states (which is now possible with the passage of the 2014 Farm Bill) will come to pass. With that in mind, the company continues to build infrastructure with the potential to gain substantial market share before and after Industrial Hemp prohibition totally ends. To see CEO Bruce Perlowin on Bloomberg TV discussing industry realities, visit Bloomberg TV.
http://finance.yahoo.com/news/webxu-signs-first-e-commerce-170000095.html?soc_src=mediacontentstory
WBXU Products and Services
Owns and operates a network of consumer branded websites and businesses focused on Customer Acquisition, E-Commerce and Mobile Media
Division - Bonus Interactive
Bonus Interactive is a Media Company specializing in customer acquisition in the Consumer Finance vertical. Bonus Interactive has an extensive proprietary consumer database and can provide quality visitors to its branded advertiser clients. Its branded consumer web properties also reach additional markets including Insurance, Higher Education, Auto and more
Brands
http://www.barnone.com
http://www.carsblvd.com
WBXU Key Company Management
Matt Hill
Chairman
Mr. Hill has been at the forefront of Internet marketing since the late 1990's. During the 1990's, Mr. Hill was one of the original founding investors and employees of Shopping.com which sold in 1999 to Compaq for $220 Million. Mr. Hill worked with Prime Ventures and its portfolio of companies, including serving as Chairman of SuperNation, LLC, overseeing its acquisition in 2003 by Intermix Media, formerly EUNIVERSE (AMEX: MIX). In 2005 Mr. Hill founded the E-Commerce entity Shopit.com, which he sold in 2009 to Atrinsic, Inc. Mr. Hill, serving as President, sold his most recent Internet brand services venture Adjuice, Inc. in 2010. Mr. Hill has served as an investor in Reunion.com, Realty Tracker (sold to Guthy-Renker in 2007), Demand Media (NYSE: DMD), Weblo.com, Vator.tv, Dolphin Search, Consumer Direct, Hollywood RX, and F3 Family Entertainment. Mr. Hill holds a BA in Economics and Communications from Boston College.
Jeff Aaronson
CFO
Mr. Aaronson was the VP Operations and Director of Finance for Kaching Kaching, an E-Commerce publicly traded company listed on the OTCBB. Prior to his tenure at Kaching he was Controller of Davidoff of Geneva, a leading importer and retail outlet for premium cigars, from 2008 until 2010. From 2007 through 2008, he was hired by Pfingsten Partners, a private equity group to be the General Manager and Controller for Crowne Closets and Cabinets. From 2003 through 2007 he was the President and CFO of Diasys Corp, a public company trading on AMEX and the OTCBB. From 1995 through 2003 he was the VP of Finance and Operations for Ergo Systems Inc., a manufacturer of ergonomic computer accessories where he oversaw all finance, manufacturing and customer support. Prior to his twenty six years of experience in the private sector, Mr. Aaronson spent six years as a senior auditor for public accounting firms in New York City. Mr. Aaronson holds a BBA in accounting from Adelphi University.
WBXU Contact Info
Webxu, Inc.
3435 Ocean Park Blvd.
Suite 107-282
Santa Monica, CA 90405
Website:http://www.webxu.com/index.php
Phone: 310-807-1765
Email: info@webxu.com
follow on facebook: https://www.facebook.com/webxu
follow on twitter: https://twitter.com/webxu
WBXU SEC Filings
http://www.otcmarkets.com/stock/WBXU/filings
WBXU Headlines
http://finance.yahoo.com/q/h?s=WBXU+Headlines
Investigate more about WBXU @ http://www.otcmarkets.com/stock/WBXU/quote for more due diligence.
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