LONDON, Oct. 10, 2012 /PRNewswire/ -- TagLikeMe Corp. ("TagLikeMe" or "the Company") (OTCQB:TAGG) announces that as a result of inquiries made by the British Columbia Securities Commission ("BCSC"), the Company is making the following news release:
Under the request of the BCSC, the shares of TagLikeMe Corp. are halted for trading in British Columbia while the Commission carries out further investigation into the nature of the trading.
The Company cautions investors to rely only on information regarding the issuer coming from its public filings made with the Securities and Exchange Commission and on SEDAR, in our press releases or on the corporate website.
For more information see www.TagLikeMeCorp.com.
Cautionary Statement Regarding Forward-Looking Information
This press release may contain certain "forward-looking statements" relating to the business of TagLikeMe Corp.. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding the advantages of TagLikeMe's products and services, anticipated advantages resulting from the merger, whether funding anticipated from completing the merger will result,, successful completion and development of the social media component of the business and its market acceptance, the business strategy, plans and objectives of the Company and TagLikeMe Corp.; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects", "intended" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results and ultimate corporate actions could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the perception of investors of the newly merged company and their willingness to fund this newly public company, the demand for a social media site and viability of it for advertising, new products and services developed by other companies, market share garnered by competitors, ability to maintain customer and vendor relationships, and those factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov), among other factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
SOURCE TagLikeMe Corp.