TapSlide, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.001 per share.

In conjunction with these trading suspensions, the Securities and Exchange Commission (SEC or the Commission) also instituted public administrative proceedings to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of TapSlide, Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company is delinquent in its required periodic filings with the Commission. In these proceedings, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceedings will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in the proceedings issue an initial decision not later than 120 days from the date of service of the order instituting proceedings.

Tapslide, Inc. announced that effective May 20, 2011, Matthew Diehl was appointed as Interim Chief Executive Officer and President of the company. Matthew Diehl, age 34, has served as the company's Chief Operating Officer since December 2008. Mr. Diehl was a product manager for LifePics, Inc. from January 2008 to November 2008, a company that operates online services for photofinishing locations. Effective May 20, 2011, Aaron Lamkin resigned as the Chief Executive Officer, President and member of the Board of Directors of the Company. The Company has accepted Mr. Lamkin's resignation from any and all positions within the Company effective May 20, 2011.