Cubed Inc. Issues Statement Regarding Recent Indirect Allegations - WCAX.COM Local Vermont News, Weather and Sports-

Cubed Inc. Issues Statement Regarding Recent Indirect Allegations

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SOURCE Cubed Inc.

LAS VEGAS, July 23, 2014 /PRNewswire/ -- Cubed Inc. (OTCBB: CRPT) has retained Ira Lee Sorkin of the law firm Lowenstein Sandler LLP to conduct an internal investigation to determine whether Cubed Inc. has been a victim of conduct allegedly engaged in by individuals, including its former outside counsel, as set forth in an indictment filed in the Eastern District of New York on Thursday July 17 and in an SEC complaint filed on the same day.

These individuals include not only its former outside counsel as stated above, but also purported investment advisors and brokers involved in the reverse merger and trading or offerings of shares in the company. Cubed Inc. is cooperating fully with any and all regulatory agencies.

"After last week's news, we were deeply disappointed to hear that anyone even associated with our company would come under such suspicions, but we believe Mr. Sorkin will assist us in determining our next steps and guide us as we to continue to cooperate with any investigations," said Joe White, President and CEO of Cubed Inc.

"Our primary focus has, and continues to be, on the development of our Cube product and we are dedicated to bringing this ubiquitous platform and its capabilities for providing meaningful interactions and exchanges of information on mobile devices to people and companies around the world," said White.

About Cubed Inc.

Cubed Inc. is a Nevada corporation which owns and operates Intellectual Property related to the Get CUBED™ mobile-first platform. The Get CUBED™ mobile-first platform designed for social and commercial media expression, is a three-dimensional functional cube that appears on the screens of mobile device owners, allowing developers and users to present complex and contextual concepts in a clear and simple manner. The Cube is thus a canvas designed to instigate creativity and improve communication in today's mobile-first world. Emphasizing clarity over clutter, Get CUBED provides businesses, charities, thumbloggers™ and other subscribers of this new mobile app with a simpler way to organize the central forms of human expression -- audio, video, image and text -- and then pass them along to others in a single compelling platform. This allows Cube Users to share information, market their products and services, and project their ideas, among other things, all in a manner that is vastly more compelling and concise than ever available in the mobile space before the Cube. Ultimately, GET CUBED is a cross-platform, access agnostic and ubiquitous ecosystem, adopted rather than adapted for mobile devices.

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