RARS has seen a massive drop in share price. Stocks with such a big fall usually at least have a bounce. News out from RARS today could help bring out the knife catchers.
The stock is currently at $.083, and lets see if the stock has a bounce left.
HENDERSON, Nev., May 14, 2012 /PRNewswire via COMTEX/ -- Rarus Technologies Inc. (OTCQB: RARS) ("Rarus") is pleased to announce it has received initial approval from Apple and has begun moving Zngle's Mobile app to the Apple iTunes Store from Testflight.com where its beta testing was done. Zngle Members can go to www.zngle.com to enter their iPhone Number to get notified by SMS when the app is live. (To see the app features, click on the video at www.zngle.com). Stay tuned as the Zngle mobile app will be available for download. Zngle expects Apple will need extra time to review Zngle's app because of the high level of the Zngle app functionality, more so than the other apps in the iTunes Store. Zngle's Proprietary App consists of: Video Email, Voice Messaging (similar to two-way radio), Friend/Family Locator, Picture Messaging, Text Messaging, Location Sender, Email and Augmented Reality Coupons. Loaded with all these features and communication tools, the Zngle web app and mobile app are very robust and could be a game changer in the social media circle
With the first round of testing done with promising feedback from the beta testers on testflight; Zngle will commence beta version to the general public on Apple iTunes. Zngle believes its approach to building its app with user input provides a strong method to prove out the technology and adds user buy-in. "We want our members to feel they are a part of building the zngle platform and this will be vital to our success in building a solid member base," added Rarus' CEO Mr. Manfred Ruf.
Zngle.com is a next-generation internet platform that fuses popular social media elements with cutting-edge local area e-commerce technologies to create new exciting ways for users to connect and communicate with friends, family, and businesses.
About Rarus Technologies Inc. and Zngle, Inc.