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Social Cube Inc.
SOCC (the “Company”) announced today that on
June 3, 2013, its board of directors decided to delist the Company's
common stock from the OTC and deregister from the reporting requirements
of the Securities Exchange Act of 1934, as amended (“Exchange Act”). The
Company's board of directors determined, after careful consideration,
that delisting and deregistering is in the overall best interests of the
Company. Among other factors, the board of directors considered the cost
savings to be realized by the Company by eliminating its obligations to
file reports with the Securities and Exchange Commission (the “SEC”).
The Company is eligible to deregister its stock because the Company has
fewer than 300 shareholders of record. The Company intends to
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