Obscene Jeans Corp. (OBJE) Subsidiary Signs Deal to Develop Games
Yesterday, Obscene Interactive, a subsidiary of Obscene Jeans Corp., announced that it has signed a deal to develop electronic games in-house that would span multiple platforms such as iOS, Android, and Facebook. These games will focus on utilizing a Free To Play (FTP) model, in which games are free for users but facilitate microtransactions within the game. Obscene Interactive is focused on producing social gaming applications, with a technology platform that allows the company's titles to be accessed by users globally and across multiple OS platforms. Obscene's strategy is utilizing the viral nature of social platforms like Facebook to reach…