AppSwarm, Inc., a technology development and incubation company, focuses on the development of mobile applications and technology. The company offers end-to-end services for mobile application development across various platforms, including Apple iPhone, RIM s BlackBerry, Google s Android, and Microsoft s Windows Mobile.
Average daily volume for SWRM is 1.4 million shares. Today’s news has caused the volume to spike to 6.7 million shares in the morning hours of trading.
AppSwarm, Inc.Press Release:
TULSA, OK, Oct. 17, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — AppSwarm, Inc. (OTC: SWRM) and KYN Capital Group Inc. (OTC: KYNC) announced that they signed a co-marketing agreement to market each other’s products. Algae World Inc., a Los Angeles headquartered algae production company, which owns several subsidiaries now projects that its revenues will surpass five million dollars through the first half of 2019 (http://www.algaeworld.info). Further, they anticipate their Co-Marketing Agreement with AppSwarm Inc., will help add to the Bottom Line.
Mr. Wyatt Murphy, Chief Technology Officer of Algae World, Inc., said that they are in the process of infusing algae to its various organic foods to the market and are also involved with several CBD infused products including CBD water and Soda, which will be rolled out over the next several months. “We are in the process of establishing one of the largest indoor Blue Green Algae (Spirulina) commercial production facilities in Los Angeles,” said Mr. Adil Malik, CEO of Algae World, Inc.
Blue-green algae is sort of a general term for the group of organisms that includes several varieties including Spirulina. According to the U.S. National Library of Medicine, blue-green algae is a superfood and has been used as a food or medicine for centuries, with Spirulina dating back to the 14th century in Aztec diets.
The Benefits of Spirulina may include the following:
It’s Full of Protein
According to health.com, Spirulina clocks in at an impressive 70% protein by weight, making it a stellar source of plant-based protein, especially for vegans and vegetarians. Just one tablespoon of spirulina powder can provide six grams of protein, the same amount as an egg.
It’s Full of Vitamins
FitDay reports that blue-green algae has more than 64 vitamins and minerals. A few include vitamins A, C, E, B12, and B6 as well as calcium and magnesium. The organism is also rich in antioxidants, which are vital in preventing cell damage.
It Might Ward off Infections
This has not been proven to work on people, but test tube studies indicate that spirulina can fight against herpes, the flu, and HIV. Of course, this is not an actual course of treatment with scientific backing, but blue-green algae could play a role in developing new medications.
It Might Help with Liver Damage
The University of Maryland writes that there is some evidence that spirulina could help fight liver damage for those with hepatitis, but further research is needed.
It Might Lower Inflammation
A report in the Journal of Medicinal Food suggests that blue-green algae can prevent inflammation and oxidative stress, which are tied to age-related diseases and cancer.
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AppSwarm is a technology company specializing in the accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs.
About Algae World Inc:
Algae World Inc., a Delaware corporation having its headquarter in Los Angeles is a holding company for several subsidiaries mostly in the development and manufacturing of organic products including Algae and CBD infused products. http://www.algaeworld.info
“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in the Company’s filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM’s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.
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