NetworkNewsBreaks – AppSwarm (SWRM) Utilizes Mom
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Publicly traded technology development and incubation acceleration firm AppSwarm (OTC: SWRM) has been building momentum during 2017, supported by the company’s ability to acquire applications for any type of device. AppSwarm has reached out to young application developers and entrepreneurs, and this has paid off in the form of royalty agreements, joint ventures, stock purchase agreements, partnerships, purchases, mergers and acquisitions. As noted in a recent NNW article:
“’The Swarm,’ a selective screening process, enables the company to review app ideas and decide which projects to pursue. Aside from reporting $589,000 in revenues for 2016, the company also reduced its corporate debt. In 2017, it has so far expanded its reach into the e-commerce, health and education markets and grown its in-house software development platforms. These, and the company’s application incubation/acceleration program, have enabled the development of virtual reality products and innovative new software.”
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