Nudg Media Inc.
OTCQB : NDDG

October 02, 2014 10:08 ET

Nudg Provides Update

CARSON CITY, NEVADA--(Marketwired - Oct. 2, 2014) - Nudg Media Inc. (OTCQB:NDDG) has been made aware that the United States Securities and Exchange Commission has issued a temporary suspension for the trading of our company's securities, citing the lack of current and accurate information in regards to our company. We were not otherwise notified. The Company is of the view that our disclosure documents and press releases accurately describe our assets, operations and proposed activities. As a result, we have been unable to ascertain any justification for the trading suspension and will be following up with the Securities and Exchange Commission to address any concerns that they may have.

We look forward to the resumption of trading so that our shareholders will not continue to be disadvantaged by the trading suspension. The Company is confident that it has excellent technology with an ability to expand its platform and notes that it has made significant progress already in that regard. The Company will continue to be a fully reporting entity and will continue to satisfy all requirements for proper listing. We always do urge prospective investors to obtain investment advice from a qualified investment professional so that they are properly informed. The Company will issue news as it receives information.

About Nudg Media Inc.

Nudg Media Inc. operates www.nudg.com, a customizable and interactive social media platform incorporating augmented reality, zone-based privacy, geolocation, voice chat, video mail, and integrated advertising. Founded in 2011 and headquartered in Nevada, its shares are traded on the OTCQB marketplace under the symbol NDDG.

Forward-looking Statements

This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in the Company's SEC reports. The company will need to raise additional financing in order to advance its technology and member base. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.

SOURCE: Nudg Media Inc.

Contact Information