Wednesday, February 25, 2015 3:48:36 PM
Heading to garbage listing OTC
The Company has a right to a review of this determination by a Committee of the Board of Directors of NYSE Regulation (the “Committee”). If the Company requests a review by the Committee, the NYSE will announce the date of such review. The NYSE will announce the date on which it will suspend trading, if applicable, in the Company’s common stock at such time as the Company’s appeal rights expire or sooner, if there is a material adverse development. The NYSE would then apply to the Securities and Exchange Commission to delist the common stock.
The Company does not plan to request a review by the Committee, although it reserves the right to do so. The Company expects that its common stock will trade on the over-the-counter market after the completion of the NYSE delisting.
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All posts are only my opinion and are not buy or sell recommendations
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