About Buildablock

Buildablock Corp. operates as an Internet and mobile service platform company. The company principally will focus on the development of its social networking platform under the 'Buildablock' name. Buildablock.com is an Internet service platform whose intention is to act as a transactional catalyst between buyers and sellers while leveraging a growing collection of patented, sophisticated user-friendly tools. Growing beyond the scope of aggregation sites or group buying catalogs, Buildablock.com offers consumers maximum value for their purchasing dollar by combining group buying leverage, social media interactivity and automated negotiating tools. Buildablock.com's dashboard of buying tools and follow-on services represent a new paradigm in supply chain interaction for both retailers and consumers alike. In January 2013, the company launched its e-commerce website, Buildablock.com and the site is live and fully integrated. The company had progressed into the marketing phase where initiatives will include merchant awareness programs and buyer incentive campaigns. One such program is its joint venture relationship with Linen Chest, Canada's leading retailer in home fashion, with over 28 stores. Linen Chest is a strong Canadian brand with an emerging digital presence that had been looking for an online solution to help drive traffic to its physical stores and increase online sales without the need for deep discounting. Buildablock is the only platform the company founds that delivers high quality and free advertising. From this alliance with Linen Chest, the company was able to obtain essential user feedback through its soft launch in order to finalize systems and procedures and prepare for its live launch. Buildablock focuses upon increasing its shopper population through various programs and initiatives. Since Buildablock's social login requirement is similar to that of other leading social networking sites, the company expects to gain exposure to the friends networks of new subscribers it gained via marketing efforts already undertaken, which could lead to over 400,000 potential new subscribers by way of referral. The company views the social networking element as a key to enhancing the shopper experience and expects to go live with its mobile application in the near future. The company is intent on increasing the consumer and merchant adoption of the Buildablock platform and remains confident in its ultimate success of its vibrant and exciting e-commerce platform. A Unique Shopping Platform: Buildablock.com is an online shopping platform that revolutionizes conventional online shopping. The site brings together great ideas, such as group discounts, wish lists, online negotiations, and more, into a unique venue that empowers consumers to save on the items they want from the merchants they choose. When a Buildablock.com user finds an item the user likes, whether online or in a retail store, the Buildablock.com user simply posts basic details about it on Buildablock.com and shares the information on social media. The company calls that action a 'Wink'. Then, others with the same interest can join the Wink to form a buyer group. Once a certain number of buyers have joined the Wink, Buildablock.com automatically opens a negotiation with the merchant to win a substantial discount for everyone in the buyer group. The Buildablock Assets are in the development stage. In addition to Buildablock's social networking library, the service is enriched by its new 'DealWink' engine, a new e-commerce platform that combines the power of group buying, couponing, and price aggregation, among other things, to drive both value to its customers and opportunity to the retailer. Effective March 7, 2012, the company completed the acquisition of the Buildablock Assets. The Buildablock Assets refers to intellectual property rights comprised an Internet and mobile service platform whose purpose is to empower or capitalize on the growth of the neighborhood, local economy. On June 5, 2012, the company formed a Canadian subsidiary, Buildablock Canada Inc. On April 13, 2012, the company became a development stage company, as it continues the development of its social networking platform under the 'Buildablock' name. Dispositions In April 2012, the company sold its wholly-owned subsidiary, Valtech Communications Inc. History Buildablock Corp. was founded in 2008.