SURFSTITCH BATTLES RISING COST TIDE
● SurfStitch will explore selling media and other assets as it deals with costs associated with two class actions and an ASIC investigation
● Media assets include websites magicseaweed.com and stabmag.com
● SurfStitch continues to seek settlement of the legal proceedings but has not been successful
● A meeting will be held next week – called for by shareholder Crown Financial – to vote on the removal of SurfStitch chairman Sam Weiss from the board