FORT LAUDERDALE, Fla.,
March 4, 2015 /PRNewswire/ --
Reelcause, Inc. (OTC:RCIT), a Florida based global crowdfunding and
fundraising video platform, is pleased to announce that it has
reorganized itself as a public company following Board of Directors
approval. Reelcause closed a transaction on October 27, 2014, in which Reelcause (formerly
named, China Green Energy Industries Inc.) acquired Reelcause Inc.
of Fort Lauderdale, Florida by
means of an exchange of shares. Following the acquisition, China
Green Energy Industries changed its name to Reelcause Inc.,
effective December 11, 2014.
Effective immediately, the Company is now quoted on the OTC Markets
under the trading symbol "RCIT."
Since the company's official launch at the United Nations on
January 8, 2015, Reelcause has become
the number one fundraising/crowdfunding destination for global
entities like the Joyce Banda Foundation, especially during the
recent flood crisis in Malawi. Other foundations, such as NFL
greats Drayton Florence and
Tommie Harris have also selected
Reelcause to be their primary revenue driver due to the platform's
video and multiple incentive capabilities.
Reelcause is the only crowdfunding/fundraising destination that
mingles social media driven incentives, ranging from heavily
discounted gift cards to experience packages, with its People
Sourcing© program.
"We provide more reasons for a potential supporter to come to
the custom branded organization's site than any other program on
the market," says Michael Jacobson,
Reelcause CEO. "We engage viewers with entertainment, challenges,
rewards, awards, random prizes and dollar values. While our product
is entertainment, our by-product is generating new revenue, new
donors and improving current donation revenue for the organizations
we service."
About Reelcause, Inc.
Reelcause is a ground-breaking, leading-edge concept dedicated
to a smarter way to crowd fund and generate donations. Beyond
social networking to generate funds, Reelcause provides members
with significant revenue opportunities, while providing a platform
of tangible rewards to an endless number of networks. The
more your followers love you, the more you can show your love to a
vast number of followers. Join the movement at www.reelcause.com.
Notice Regarding Forward-Looking Statements
This news release contains forward-looking statements, which
reflect our views with respect to future events and financial
performance. These forward-looking statements are subject to
certain uncertainties and other factors that could cause actual
results to differ materially from such statements. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date the statement was made.
We undertake no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. For all such forward-looking statements, we claim the
safe harbor for forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The Company
disclaims any obligation to update any forward-looking statement
made herein.
Media Contact:
Gina
Ragusa, Director of Communications
Reelcause, Inc.
Email: gina@reelcause.com
Phone: 954-612-2821
Investor Relations Contact:
Natalya Rudman
Crescendo Communications, LLC
Email: RCIT@crescendo-ir.com
Phone: 212-671-1020 Ext: 304
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SOURCE Reelcause, Inc.