SOURCE: Blast Applications, Inc.
PLAINVIEW, NY--(Marketwire - Sep 19, 2012) - Blast Applications, Inc. (PINKSHEETS: BLAP) updates the final stages of its contract with Solaris Entertainment to produce and market the reality TV-show "Can Do Better," based on BlastApplication's CanDoBetter website.
"The financing and the revenue-sharing parts of the contract are finished," says BLAP CEO, Dino Luzzi.
"Both parties have agreed to and signed the term sheet. The nicest thing, especially for the investors of BLAP, is that there will be no dilution and no restricted shares in this deal. It is a pure revenue-sharing, win/win situation between BLAP and Solaris. Other developments are already being discussed for the future, as the two companies find that they fit each other extremely well.
"The final step is now to set the dates for the TV-shows and decide which cable network to choose. We are purposely waiting until the last second on this decision, to make sure we get the hottest channel when we begin. Everybody will be excited when they see who is going to host the show!"
About Blast Applications, Inc.
Blast Applications, Inc. is a premier creator and developer of cell phones mobile applications, as well as a social media marketing company. For more information please visit www.blastapplications.com.
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