$EMJI PreMarket News Today ~ Emaji's Netoy.comÂ
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Emaji's Netoy.com® development to be accelerated
---RECENT FUNDING COMMITMENTS TO EXPEDITE ROLL-OUT---
IRVINE, CA, Nov. 14, 2013 /PRNewswire/ - Emaji, Inc. (OTC: EMJI) announced today that development on Emaji Business Development's Netoy.com® will be accelerated due to the recent funding commitments Emaji has received. Emaji Business Development ("EBD") is developing the rollout of the company's revamped online toy portal Netoy.com,® an on-line toy web portal that will include its on-line retail store, while incorporating several new features, including industry related developments, news and interactive feedback between consumers and toy manufacturers. EBD will be assembling a team of collegiate students to complete the development, design, launch and marketing of the new Netoy.com.® Emaji expects solid income to develop in the short term as the site is rolled out, with the majority of initial sales to be generated from ad and manufacturer based revenue.
The recent financing agreements, which were previously announced, call for funding to commence during the fourth quarter and to continue throughout fiscal year 2014. In addition to funding for EBD and Netoy.com,® the use of proceeds includes funding for Emaji's planned acquisition of an NBA Development League team through its Sportsworld's Professional Sports Acquisition Group, funding to develop and produce a reality competition syndicated series as part of the Flashback Camps International participatory camps, and operating capital which will be utilized to retain additional management and staff. This funding will also enable Emaji to file its planned initial registration statement in order to become fully reporting and provide the financial foundation so that Emaji will no longer be considered a development stage company.
For additional information on Emaji, Inc., please go to www.emaji.com or http://www.otcmarkets.com.
About Emaji:
Emaji, Inc. (OTC: EMJI), "Where Imagination Comes Alive," is a publicly traded development stage company with two initial divisions, Emaji Business Development, which is developing the rollout of its revamped online toy portal Netoy.com®; and Sportsworld Entertainment, which is developing its participatory collegiate and professional sports camps through Flashback Camps International, a financial and marketing support program for a wide variety of athletic enterprises, including youth athletic programs, and its Professional Sports Acquisition Group, which is currently exploring acquisition opportunities in professional sports.
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