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Thursday, 10/30/2014 1:53:30 PM

Thursday, October 30, 2014 1:53:30 PM

Post# of 13011
HKUP - Potential R/S, read below.(Filed Oct 20, 2014)

On October 13, 2014, iHookup Social, Inc. (the “Company”) received notice from OTC Markets Group that the Company will be delisted from OTCQB and moved to OTC Pink Sheets on October 14, 2014. On May 1, 2014, OTCQB implemented new eligibility standards for OTCQB which requires companies to maintain a closing bid price of $0.01 per share on at least one of the prior 30 consecutive calendar days. We believe that, among other reasons, due to the conversion of previously issued convertible notes into the Company’s common stock and the sale of such common stock, the closing bid price of the Company’s common stock has fallen below $0.01 for 30 consecutive calendar days from September 11, 2014.

In order to regain OTCQB eligibility, the Company intends to execute a reverse stock split and submit an application for re-listing on OTCQB as soon as reasonably practicable. The Company has also engaged the investor relation firm, Viral Network Inc. (“Megacast”) to assist in communications with investors, potential investors and other participants in the stock markets, and will soon engage Integrative Business Alliance LLC (“IBA”) for the same purpose.



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10255075
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