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Re: None

Thursday, 09/09/2010 10:13:25 AM

Thursday, September 09, 2010 10:13:25 AM

Post# of 133
from yahoo board:

This is a response I got from FUQI IR:

Fri, September 3, 2010 12:12:04 AM
RE: Restatement Status
From: Fuqi IR <IR@fuqiintl.com>Add to Contacts



Dear John,
Thank you for the email. September 28 is the deadline imposed by Nasdaq to file the previous financials. However, the previous PR has mentioned that if the Company is unable to file the delinquent reports by September 28, 2010, Nasdaq will provide written notification that the Company's securities will be delisted. At that time, the Company may appeal Nasdaq's determination, and during any such appeal, the Company's securities would continue to be listed on Nasdaq. As you can see, there will be an appeal process with Nasdaq and additional timeframe may be granted upon approval by the Nasdaq panel.
Nevertheless, the Company is working diligently on the financials and we will update the investment community as soon as it is available.
Regards,
FUQI IR

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