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Replies to post #18547 on NFT Marketplace Inc (BABLD)
Gary Oberman, BABL's President, stated, "We believe Buildablock.com to be the first online Crowd-Buying/Crowd-Selling platform focused on the legal adult and recreational use marijuana retailers located in Colorado and Washington State, as well as head shops and medical marijuana dispensaries in the various states where those activities are legal. Also, we are striving to position ourselves as first online co-op, as a means of leveling the playing field such that the industries' little guys will be better able to compete with the big boys." Mr. Oberman also noted that he expects that, with BABL's current team, the company will be able to generate significant revenues and capture significant market share from this new area of opportunity, given the explosive growth in the various aspects of the marijuana industry.
Gary Oberman, BABL's President, stated, "We are convinced that accelerating the deployment of this functionality will allow us to become the dominant deal engine in the MMJ space. Now, by leveraging BABL's technology, MMJ industry players will be better able to facilitate client-initiated deal opportunities, which should help improve their bottom lines." Mr. Oberman further stated that, contrary to other online deal engines, BABL's consumer-branded negotiating platform ensures transparency in the negotiating process. "Retailers frustrated with deep discount obligations imposed by companies like Groupon can now negotiate large deals in real-time and compromise margins only to the extent necessary to close deals with their customers," Mr. Oberman concluded.
"BUD-X" is the perfect name for our Mobile App and the importance of our acquiring the matching web domain cannot be overstated," said CEO and Buildablock Co-Founder Gary Oberman. "We obviously need to update the logo to fit our use and fit with the BuildaBlock brand, but we will do just that, then begin to serve the needs of the burgeoning and explosive Marijuana Industry."
BABL's filed patent application, entitled "A System and Method For Identifying and Purchasing Retail Products," relates to BABL's software system that allows a community of members, i.e., online users, to communicate and interact with one another with respect to the various products and services offered on the www.buildablock.com website.
"Once implemented in full, our patent-pending system will greatly enhance the user experience on our buildablock.com website," said CEO and Buildablock Co-Founder Gary Oberman. "We are confident that the new system will translate into increased retail sales though our website, which will serve to increase company revenues."
"On the heels of our patent progress announced last week, we are excited that the development of our BUD-X.com Mobile App is quickly taking shape, so much so that we now hope to launch during Q4 of this year," said CEO and Buildablock Co-Founder Gary Oberman. "We remain confident that our new Mobile App will be successful in targeting the existing inefficiencies in the Recreational Use Marijuana Market by employing our 'Crowd-Buying/Crowd-Selling' platform," added Mr. Oberman.
SocialBud to Operate on Buildablocks's BUD-X.COM Domain (www.Bud-X.com)
BABL's CEO, Gary Oberman, said, "This is an important opportunity for both parties and will help realize the company's objective to monetize its service offering. We are excited to launch the Socialbud venture on our BUD-X.com domain, as it can only help our BUD-X.com app."
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