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this is huge!!!:Strategic Rare Earth Metals (PINKSHEETS: SREH) Announced Today Ongoing Negotiations to Expand Its Mobile Phone Offerings Into So

NEW YORK, NY -- (Marketwire)
06/07/10
Strategic Rare Earth Metals (PINKSHEETS: SREH) announced today ongoing negotiations with a public entity that offers a large music video social platform.

Strategic Rare Earth Metals and its site, Mobile2Earth.com, are in the process of new product negotiations to develop a social networking iPhone application for a major public company. A final meeting is scheduled for this week with the public entity, and news is expected to be released on Thursday, June 10, 2010.

Tony DiBiase, CEO, Strategic Rare Earth Metals, stated, "The negotiations are looking very positive. We are excited about the potential, and we will keep investors posted on the progress. This agreement would provide a major push into the social networking platform market."

News reports reveal the rapid growth that mobile marketing is experiencing. Social networking revenue is on the rise. US Mobile social networking will reach revenues of 421 million during 2010 marking a 50% increase overall. According to analysts, the US mobile social networking market will continue its robust growth into 2013 when it's projected to break through the $1 billion revenue mark. Mobile2Earth.com is tapping into that booming market with a multitude of unique, riveting mobile applications.