Blue Calypso Announces 1:50 Reverse Stock Split Ahead of NYSE or NASDAQ Listing

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Blue Calypso, Inc.
BCYP
today announced that its Board of Directors has approved a 1-for-50 reverse stock split of the Company's authorized, issued and outstanding stock in preparation for its proposed up-listing to either the NYSE MKT or the NASDAQ Capital markets. We can provide no assurance, however, that our application to either exchange will be approved. The Company received majority shareholder approval for the proposed reverse split on June 12, 2015 at a special meeting of the shareholders. "The reverse stock split represents a significant milestone for Blue Calypso as we intend to uplist to a national securities exchange to attract a broader audience of informed investors. We believe that Blue Calypso is a great long-term investment and we want to remove any barriers that would otherwise prohibit investors from participating in our future," said Andrew Levi, Blue Calypso Chairman and CEO. "With our Markman hearing right around the corner and exciting progress happening in our operating business, we look forward to generating more value for our investors in the future," concluded Levi. The reverse stock split will
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