Long Term Investment, Biotech & High Yield Dividend Stocks

[read_this_n0w]

No Listings issues , no PR , but its filed in an 8k filed on october 4th..

180 day grace period allready granted.. see filing below as filed with SEC by SCON


Also why i added today as well as yesterday

http://www.sec.gov/Archives/edgar/data/895665/000117184312003576/f8k_100312.htm


Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.


As previously disclosed, on April 5, 2012, Superconductor Technologies Inc. (the "Company") received a letter from the Listing Qualifications Department of the Nasdaq Stock Market notifying the Company that the minimum bid price per share for its common stock fell below $1.00 for a period of 30 consecutive business days and that therefore the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Company was initially provided 180 calendar days, or until October 2, 2012, to regain compliance with the minimum bid price requirement.


On October 3, 2012, Nasdaq granted the Company an extension of 180 days and the Company now has until April 1, 2013 to regain compliance with the minimum bid price requirement. In accordance with Rule 5810(c)(3)(A), the Company can regain compliance if at any time during the 180-day period the closing bid price of the Company's common stock is at least $1.00 for a minimum of 10 consecutive business days.


We intend to monitor the closing bid price of our common stock and may, if appropriate, consider implementing available options to regain compliance with the minimum bid price requirement.