Paymeon Announces Successful Launch of Its First “Pop Up” and Venue Stores as Part of Its Partnership With Invisible Bully and Damion “D Rock” Butler

PayMeOn Sees Ability to Build On Success of Launch with Major Retailers

NEW YORK, NY / ACCESSWIRE / June 6, 2016 / PayMeOn Inc. (OTC: PAYM) today announced that in conjunction with Sean “Puff Daddy” Combs recent tribute concerts, its wholly-owned subsidiary, PayMeOn Brands, and Invisible Bully Holdings, collaborated to design and market apparel from a thematic “pop up” store in lower Manhattan and at the Barclays Center located in Brooklyn. The two-night only concerts put on by Puff Daddy and other musical industry luminaries such as Nas, Jay Z, Mase, Mary J Blige, and others were a tribute to the legacy of Notorious B.I.G. According to Willy Escobar Montanez, Partner in PayMeOn Brands, “It was super-exciting to be a part of these amazing events. Fans lined up around the block to visit our pop up store, and the concerts sold out in minutes. Needless to say we are thrilled with how the launch of our new business turned out.”

According to Ed Cespedes, CEO of PayMeOn Inc, “we had previously announced our three part business plan. We executed successfully around all three parts – branding, apparel and social – during this event and expect revenue from all aspects will contribute to our second quarter results.”

Mr. Cespedes continued, “Our next step will be to capitalize on the positive outcomes of the launch and move towards selling merchandise we created for the pop up store and concerts to major retailers.”

Forward-Looking Statements:

Except for statements of historical fact, this news release contains certain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products and partnerships. Such forward-looking statements are based on present circumstances and on PAYM’s predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors over which PAYM has little or no control. Such forward-looking statements are made only as of the date of this release, and PAYM assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in documents filed from time to time by PAYM with the Securities and Exchange Commission. Third parties mentioned in this release have not endorsed PayMeOn in any way. This press release does not and shall not constitute an offer to sell or the solicitation of any offer to buy any securities.

SOURCE: PayMeOn Inc.

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