(Exact name of small business issuer as specified in its charter)
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On August 19, 2013, the staff of the Securities and Exchange Commission (the "Commission") issued a letter stating that the Commission staff's investigation of Augme Technologies, Inc. ("Augme") has been completed and that the Commission staff does not intend to recommend any enforcement action by the Commission.
This disclosure updates Augme's prior disclosures regarding the Commission's subpoena received by Augme on February 26, 2013 seeking documents and information with respect to statements made by Augme between October 2010 and April 2011 in certain press releases, investor presentations and filings with the Commission, specifically those disclosures made in Item 3 (Legal Proceedings) of Augme's annual report on Form 10-K for the fiscal year ended February 28, 2013, filed with the Commission on May 24, 2013, and Note 8 to Augme's financial statements for the fiscal quarter ended May 31, 2013 set forth in its quarterly report on Form 10-Q filed with the Commission on July 10, 2013.
Augme Technologies, Inc. |
By: | /s/ Ivan E. Braiker |
Name: Ivan E. Braiker | |
Title: President and Chief Executive Officer |