Obscene Interactive (OBJE)
Today, OBJE has shed (-9.09%) down -0.034 at $.340 with 156,473 shares in play thus far (ref. google finance Delayed: 12:50PM EDT September 19, 2013).
To capitalize on the successful release of Novalon Games' first mobile gaming app, Phantasmic, OBJ Enterprise previously reported ambitious new plans to build Novalon into a powerhouse in the $12.3 billion mobile games market.
Novalon was founded last year as a joint venture between OBJE and Source Street, LLC. Now, OBJE has unveiled a new vision for the company that includes a dramatic expansion in development manpower, mobile marketing and game consulting. By investing in the game developer, OBJE expects to produce more mobile applications faster, making it a true competitor to established brands such as Electronic Arts (NASDAQ: EA) and Zynga (NASDAQ: ZNGA).
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