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Tuesday, August 9, 2022

Engage Mobility Inc (OTCMKTS: ENGA) Soars As London Based Video-Sharing Platform and Streaming Service Provider Bebuzee (UK) Acquires Controlling Interest in ENGA

Engage Mobility Inc (OTCMKTS: ENGA) has skyrocketed up the charts since Bebuzee (UK) LTd acquired the controlling stock interest in the Company.  Currently under heavy accumulation ENGA is getting noticed by some big players and is quickly attracting legions of new shareholders who continues to bid the stock higher. The stock is quickly emerging as a volume leader in small caps trading several million dollars in dolar volume on Wednesday alone. 

Reverse merger (RM) plays can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors. ENGA has not disappointed skyrocketing since Bebuzee (UK) LTd announced it has consummated its acquisition of the controlling stock interest in Engage Mobility, Inc. Based in London, United Kingdom, Bebuzee (UK), Ltd. offers a unique, proprietary video-sharing platform and streaming service that allows its members to watch a wide variety of content such as movies, series, documentaries and talk shows on any internet-connected device. Founded in 2012, and named one of Britain’s top fifty technology startups, Bebuzee offers a fully-built platform which has boasted over forty million users. Net assets for Bebuzee in 2021 were $93 million USD. 

Engage Mobility Inc (OTCMKTS: ENGA) is a clean “pink current” shell out of Scottsdale, AZ with $0 debt on the books with just 24,082,567 shares outstanding of which 22,843,470 are restricted leaving a public float of around 1.3 million shares. Engage Mobility, Inc., was incorporated under the laws of Florida under the name MarketKast, Incorporated. on December 28, 2011. The Company changed its name to Engage Mobility, Inc. on March 22, 2013. Engage Mobitily, Inc. was a provider of mobile technology, marketing and data solutions for business. 

On December 15 Bebuzee (UK) LTd announced it has consummated its acquisition of the controlling stock interest in Engage Mobility, Inc. (OTC Pink: ENGA). As a wholly-owned subsidiary of Bebuzee (UK), Ltd., the publicly-traded company will operate as the primary commercial vehicle for Bebuzee’s social network platform through a series of licenses of the company’s proprietary intellectual property. In connection with the acquisition of Engage Mobility, the respective management of Bebuzee (UK), Ltd. have been appointed to the same positions within the public company. 

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“This is a tremendous step forward in the growth of the Bebuzee brand,” stated Joseph Onyero, Founder and Chief Executive Officer of Bebuzee (UK), Ltd and newly appointed Chief Executive Officer of Engage Mobility. He continued, “as part of our long-term strategic initiatives, we view becoming publicly-traded as a means with which to attract additional capital to the corporate group in furtherance of our growth objectives.” Founded in 2012, and named one of Britain’s top fifty technology startups, Bebuzee offers a fully-built platform which has boasted over forty million users. 

In connection with the acquisition of Engage Mobility, management will endeavor to change the public company’s name and ticker symbol to reflect the Bebuzee brand, subject to customary regulatory approvals. At the same time, management does not foresee the need for a reverse split of Engage Mobility’s common stock. Mr. Onyero continued, “we are committed to minimizing stockholder dilution including maximizing our external valuation prior to raising additional capital.” 

Bebuzee is committed to stockholder transparency and will seasonably provide further stockholder updates via press release, social media and the company’s website (www.Bebuzee.com) regarding both the matters disclosed herein and other developments as the year comes to a close. 

Based in London, United Kingdom, Bebuzee (UK), Ltd. offers a unique, proprietary video-sharing platform and streaming service that allows our members to watch a wide variety of content such as movies, series, documentaries and talk shows on any internet-connected device. Bebuzee’s technology scans the world’s news, features and information flow to give its dedicated readers the best of the Internet in one place. A one-stop platform for breaking news, interesting and important blogs, videos, and photos. Bebuzee offers an addictive resource for those millions of people without time to scavenge the Internet and other sources for news and information. “Founded in 2012, and named one of Britain’s top fifty technology startups, Bebuzee offers a fully-built platform which has boasted over forty million users. Net assets for Bebuzee in 2021 were $93 million USD. 

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ENGA has skyrocketed up the charts since Bebuzee (UK) LTd acquired the controlling stock interest in the Company.  Currently under heavy accumulation ENGA is getting noticed by some big players and is quickly attracting legions of new shareholders who continues to bid the stock higher. The stock is quickly emerging as a volume leader in small caps trading several million dollars in dolar volume on Wednesday alone. Reverse merger (RM) plays can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors. ENGA has not disappointed skyrocketing since Bebuzee (UK) LTd announced it has consummated its acquisition of the controlling stock interest in Engage Mobility, Inc. Based in London, United Kingdom, Bebuzee (UK), Ltd. offers a unique, proprietary video-sharing platform and streaming service that allows its members to watch a wide variety of content such as movies, series, documentaries and talk shows on any internet-connected device. Founded in 2012, and named one of Britain’s top fifty technology startups, Bebuzee offers a fully-built platform which has boasted over forty million users. Net assets for Bebuzee in 2021 were $93 million USD. We will be updating on ENGA when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ENGA.

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Disclosure: we hold no position in ENGA either long or short and we have not been compensated for this article.

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