MEDL Mobile

MEDL Mobile was established in 2008 by Dave Swartz and Andrew Maltin in Fountain Valley, California. It began as a mobile-application development startup and technology incubator at a time when smartphone application marketplaces were expanding rapidly. Rather than limiting itself to client-commissioned work, the company also sought to identify and develop application concepts originating outside the organization. In early 2009, MEDL launched the App Incubator. The service invited users to submit ideas for mobile applications. When an idea was selected and developed, the submitting party could receive a share of resulting profits under the model described by the company. This approach made MEDL both a development provider and an intermediary for prospective application entrepreneurs. The company subsequently expanded from a small founding operation into a larger team including designers, developers, engineers, marketers, architects, and producers. MEDL’s stated platform scope included Apple’s iPhone, iPod touch, and iPad, as well as Android devices. Its activities covered application creation, product marketing, and related mobile services. In September 2010, reference material records a headquarters move north to Fountain Valley, although the company is also described as later being based in Irvine, California. In June 2011, MEDL became an over-the-counter quoted company using the symbol MEDL. The company broadened its ambitions in November 2012 by forming Hang With, Inc., a live social-mobile-video platform. Hang With represented a move from individual application development toward ownership or operation of a mobile social-media platform. The venture received public recognition in October 2014 when it was awarded Best Mobile Platform Innovation at the Digiday Sammy / Mobi Awards. On March 4, 2015, Hang With announced that Jared Leto had joined its board of advisors. MEDL also attracted negative investor commentary. In November 2013, a Seeking Alpha opinion article alleged that the company made elaborate claims through press releases in connection with a possible pump-and-dump scheme involving its stock. The available reference does not establish a regulatory or judicial determination, so the matter is recorded as an allegation rather than a proven violation. The available sources do not provide a reliable current website, ownership structure, management roster, financial statements, or definitive operating status. MEDL Mobile is therefore best documented as a mobile-app development, incubation, and marketing company with a notable associated social-video venture, while its present corporate condition remains uncertain.

• 2015

  Jared Leto joins Hang With advisory board

  [1]MEDL Mobileen.wikipedia.org

  Hang With announced Jared Leto as a member of its board of advisors.

• 2014

  Hang With wins mobile-platform award

  [1]MEDL Mobileen.wikipedia.org

  Hang With received the Best Mobile Platform Innovation award at the 2014 Digiday Sammy / Mobi Awards.

• 2012

  Hang With is formed

  [1]MEDL Mobileen.wikipedia.org

  MEDL formed Hang With, Inc., a live social-mobile-video platform.

• 2011

  MEDL becomes an OTC-quoted company

  [1]MEDL Mobileen.wikipedia.org

  MEDL Mobile became an over-the-counter quoted company under the symbol MEDL.

• 2010

  Headquarters move recorded

  [1]MEDL Mobileen.wikipedia.org

  Reference material records a move of the headquarters north to Fountain Valley.

• 2009

  App Incubator launches

  [1]MEDL Mobileen.wikipedia.org

  The company introduced an idea-submission and development service intended to turn selected user concepts into mobile applications with potential profit sharing.

• 2008

  MEDL Mobile is founded

  [1]MEDL Mobileen.wikipedia.org

  Dave Swartz and Andrew Maltin founded MEDL Mobile as a mobile-application development startup and technology incubator in Fountain Valley, California.

MEDL Mobile was positioned as a mobile-product developer and commercialization partner that combined application design and engineering with incubation, marketing, and platform development.

• Mobile application incubation and development service · 2009

  App Incubator

  The App Incubator was MEDL Mobile’s idea-submission and application-development service, launched in early 2009. Users could propose mobile-app concepts for possible selection, development, and commercialization. Under the described model, the originator of a selected idea could receive a percentage of profits after the application was developed. The service expressed MEDL’s effort to combine product discovery, technical execution, and marketing rather than operate solely as a conventional contract developer.

• Live social-mobile-video platform · 2012

  Hang With

  Hang With was a live social-mobile-video platform formed by MEDL in November 2012 through Hang With, Inc. It represented the company’s expansion from individual mobile applications into a platform-oriented social-video business. The venture was recognized in 2014 with the Best Mobile Platform Innovation award at the Digiday Sammy / Mobi Awards. The available material does not establish the platform’s current availability or ownership.

• 2013

  Pump-and-dump allegations in investor commentary

  A November 2013 opinion article published by Seeking Alpha alleged that MEDL Mobile made elaborate claims through press releases as part of a possible pump-and-dump scheme involving its stock. The available reference identifies the allegation but does not establish that it was proven by a regulator or court.

  Source

Read more

• 2012

  Expand into live social mobile videoStrategy

  Background

  The company pursued a platform-based opportunity beyond individual mobile applications.

  Action taken

  MEDL formed Hang With, Inc. to develop a live social-mobile-video platform.

  Aftermath

  Hang With became a prominent associated venture, later receiving a mobile-platform innovation award and adding Jared Leto to its advisory board.

  Source

• 2009

  Adopt an application-incubator modelStrategy

  Background

  MEDL sought to expand beyond conventional application-development work by sourcing ideas from outside contributors.

  Action taken

  The company launched the App Incubator, inviting submissions and offering potential profit participation for accepted concepts.

  Aftermath

  The service became a defining part of MEDL’s early positioning as both a developer and a technology incubator.

  Source

• 2015

  Jared Leto joins Hang With board of advisors[1]MEDL Mobileen.wikipedia.org

  Leadership change

  Hang With announced that actor and singer-songwriter Jared Leto had joined its board of advisors.

• 2014

  Hang With receives mobile-platform innovation award[1]MEDL Mobileen.wikipedia.org

  Other

  Hang With received the Best Mobile Platform Innovation award at the 2014 Digiday Sammy / Mobi Awards.

• 2012

  MEDL forms Hang With, Inc.[1]MEDL Mobileen.wikipedia.org

  M&A · Product launch

  MEDL formed Hang With, Inc., a live social-mobile-video platform that became a significant related venture.

• 2011

  MEDL Mobile becomes an over-the-counter quoted company[1]MEDL Mobileen.wikipedia.org

  Other

  MEDL Mobile became an over-the-counter quoted company under the stock symbol MEDL.

• 2009

  MEDL Mobile launches the App Incubator[1]MEDL Mobileen.wikipedia.org

  Product launch

  MEDL introduced a service allowing people to submit mobile-application ideas for possible development and commercialization, with prospective profit participation for accepted concepts.

1. 1MEDL Mobileen.wikipedia.org