SOURCE: Titan Iron Ore, Inc.
TUCSON, AZ--(Marketwired - Feb 3, 2014) - Titan Iron Ore, Inc. (OTCQB: TFER) a junior exploration stage mining company, announced today, it has executed a definitive merger and plan of reorganization agreement with iHookup Social, Inc. (the "company") a "proximity based" mobile social platform that facilitates real connections, between real people...in real time!
The company's current product, the "iHookup app" has a growing base of free and subscription based (paid) dating users across more than 60 countries, and a brand recognized app in the "Social Networking" category of the Apple iTunes marketplace. The app is currently available in iTunes for Apple's iPhone, iPad and iPod (key word "iHookup").
For more information on the app, visit http://www.ihookupnow.com or http://www.ihookupsocial.com for the company website. The company will provide details and specifics about its current business and expand upon its vision for the future in the coming weeks.
"Over the past months Titan has been seeking new opportunities for our stakeholders," said Andrew Brodkey, CEO of Titan Iron Ore, Inc. "Through our merger with iHookup Social, Inc., Titan has opened the door to new opportunity in this fast growing marketplace."
Effective upon the signing of the merger and plan of reorganization, Titan Iron Ore, Inc. will complete a name change to iHookup Social, Inc. and will locate its headquarters in Silicon Valley, California.
iHookup Social, Inc.
iHookup Social is a "proximity based" mobile social platform that facilitates real connections, between real people...in real time! Utilizing the intelligence of GPS and localized recommendations for dating, friends, group and organizations, to break through closed social cliques and expand them, not only virtually, but in real life!
The company's users will be provided with "local" options of many kinds, enabling mobile distribution of locally relevant content and special offers. The company hopes to bring together a dynamic opportunity for brands, advertisers and merchants to interact in new and innovative ways with the iHookup Social Network, while building customer loyalty, engagement and revenues.
The company is pursuing its growth in its current "dating vertical" market, as well as expanding its reach in the general audience category of "Social Networking".
Forward Looking Statements
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in Titan Iron Ore, Inc. ("Titan") business plan. The signing of the merger and plan of reorganization agreement with iHookup Social, Inc. should not be construed as an indication in any way whatsoever of the future value of the Titan's common stock or its present or future financial condition. Titan's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Titan's cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, Titan does not undertake, and Titan specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.