SpiralFrog(TM) Files Form 15
NEW YORK--(Business Wire)--
SpiralFrog, Inc. (www.spiralfrog.com) ("the Company"), today
announced it has filed a Form 15 with the Securities and Exchange
Commission (SEC). Upon the filing of the Form 15, SpiralFrog's SEC
reporting obligations will cease. Effective immediately, the Company
will no longer be filing current and periodic reports, such as Forms
8-K, 10-K, 10-Q, etc. The Company expects that the deregistration will
become effective within 90 days of filing Form 15. In the interim
period, no reports will be filed.
This step satisfies certain investor requirements, and allows the
Company to keep its proprietary and competitive information
confidential to the Company. It also reduces Sarbanes Oxley compliance
and certain administrative costs, given that the Company is not listed
on any exchange.
About SpiralFrog(TM)
Headquartered in New York, SpiralFrog(TM) (www.spiralfrog.com) is
a Web-based advertising-supported music experience that combines music
discovery tools with free and legal downloads of audio and video
content licensed directly from the catalogs of the world's leading
music owners. SpiralFrog offers music-lovers a compelling alternative
to illicit file-sharing and pirate sites, with a secure environment
for them to satisfy their unyielding passion and thirst for music and
entertainment information at no cost.
Gravitas Communications
Media:
Jocelyn Johnson, 212-924-9500
jjohnson@gravitas-pr.com
or
Brian Posnanski, 314-968-7712
bposnanski@gravitas-pr.com
or
Investors:
Jenny Lee, 650-996-8583
jlee@gravitas-pr.com
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