SAN DIEGO, CALIFORNIA, Mar 25, 2014 (Marketwired via COMTEX) — Rostock Ventures Corp. (OTCBB: ROSV) (the “Company”) is pleased to announce a $2,000,000 equity financing commitment to develop and roll out the iWeedz platform. Rostock Venture’s President Gregory Rotelli said, “The equity line will allow us to obtain the kind of capital required to move iWeedz to a new rollout phase and to become the disruptive platform we envision. We are not compelled to take down any specific amount of money; that decision is entirely at our discretion. The terms of the Agreement are such that we may continue to pursue financial arrangements and partnerships with other entities. We feel this opportunity brings, not only tremendous shareholder value, but proves financial institutions are focused on this sector and share our vision.” The terms and conditions of the Equity Line Agreement will be announced in a later release.
http://www.publicwire.com/2014/03/25/rosv-rostock-announces-2000000-equity-financing-commitment-for-iweedz-com-to-capture-local-marijuana-commerce/
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