CAMPBELL, CA--(Marketwired - Mar 19, 2015) - iHookup Social, Inc. (OTC PINK: HKUP) (OTC PINK: HKUPD), a fully reporting public company that develops a mobile/social app enabling singles, groups and the socially active to connect quickly, offering local, real life 'hook-up' opportunities, is pleased to announce that it has received approval from FINRA for its requested 1 for 100 Reverse Split.
This corporate action will take effect at the open of business 3/19/2015. The new symbol will be HKUPD. The "D" will be removed in 20 business days and the symbol will revert back to HKUP.
"We are pleased to complete this process and to secure FINRA approval for the reverse stock split," stated Robert Rositano Jr., CEO, iHookup Social. "It is our every intention to now pursue a return to an exchange that better reflects our fully-reporting status."
"Additionally, we are currently preparing a shareholder letter to detail the new 'iHookup Social 2.0,' complete with a dynamic app re-brand and enhanced new connections for the Company and its shareholders," added Rositano.
For a current Investor Presentation please visit: http://www.ihookupsocial.com/overview/
From time to time, iHookup Social will provide market updates, news and additional information via its website www.ihookupsocial.com, the Company's Facebook page and others www.facebook.com/ihookupnow
iHookup Social, Inc.
iHookup Social, Inc. is a mobile Social Dating App positioned at the intersection of dating, social media and location-based connections.
About iHookup Social:
iHookup Social is a mobile social app that provides singles, groups and the socially active a way to connect quickly and efficiently with local, real life 'hook-up' opportunities.
The iHookup difference: An app that is all about virtual meetings translating to real-life interactions, facilitating the connection and then offering-up locally relevant hot spots and locations to engage with these new connections. An app meeting is the first step, with Venues completing a circle of service that allows iHookup Social to be both matchmaker and concierge. This combination provides a no brainer approach to "Hooking up," as well as a unique opportunity for consumer brands to offer incentives to a growing network of socially active singles and mobile users.
iHookup Social... where real people make real connections... and where real businesses pay to be their host. www.ihookupsocial.com
Cautionary Language Concerning Forward-Looking Statements
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected by iHookup Social, Inc. The iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the iHookup Social's common stock or its present or future financial condition. The public filings of iHookup Social made with the Securities and Exchange Commission may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. iHookup Social cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, iHookup Social does not undertake, and iHookup Social specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.