MassRoots, Inc. (OTCMKTS:MSRT) Files An 8-K Regulation FD Disclosure
Item 7.01
Regulation FD Disclosure.
On November 18, 2016, the MassRoots App was removed from the
Google Play Store due to unspecified policy reasons. This issue
does not affect use of the MassRoots App by existing users on
Google Play supported devices and, until this issue is resolved,
all users are still able to access and sign-up on the MassRoots
network through our iOS App, web version and mobile web versions.
Therefore, we expect only a temporary, minor decrease in our user
growth rate due to this removal.
MassRoots, along with most other cannabis apps, regularly
encounter issues with the Google Play Store review team in the
normal course of business due to Google Play Stores absence of
clear rules and guidelines regarding cannabis-related apps. We
are currently working with the Google Play Store review team and
expect to have this issue resolved in the near future.
The information furnished under this Item 7.01 of this Current
Report on Form 8-K shall not be deemed to be filed for the
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that section.
About MassRoots, Inc. (OTCMKTS:MSRT)
MassRoots, Inc. operates as a social network for the cannabis community. The Company operates a technology platform for the cannabis consumers, businesses and activists. The Company, through its mobile applications and Web platform, focuses on enabling users to share their cannabis content, follow their favorite dispensaries and stay connected with the legalization movement. Its technology platform consists of consumer-facing social network and its business-facing advertising portal, MassRoots for Business. Its network is accessible as a free mobile application through the iPhone operating system (iOS) application store and the Google Play marketplace, and as a Website at massroots.com. It operates MassRoots.com/shop, an e-commerce platform built on the Shopify Platform that allows visitors to order MassRoots T-shirts, jars and stickers. It operates MassRoots for Business, a free online portal for dispensaries to schedule posts, view analytics and gain insights into followers. MassRoots, Inc. (OTCMKTS:MSRT) Recent Trading Information
MassRoots, Inc. (OTCMKTS:MSRT) closed its last trading session up +0.015 at 0.695 with shares trading hands.
