InvestorsHub Logo
Followers 2568
Posts 302655
Boards Moderated 29
Alias Born 04/12/2001

Re: 35611 post# 27626

Thursday, 07/24/2014 6:24:30 PM

Thursday, July 24, 2014 6:24:30 PM

Post# of 34668
Consequently, as a result of the halt, which would have continued through a determination pursuant to the upcoming delisting hearing before a NASDAQ Listing Qualifications Panel, and discussions with the NASDAQ Staff about the likelihood of success at such upcoming hearing, the Company determined to voluntarily delist from NASDAQ and transfer to the over-the-counter market.

The company tried to stay listed for ten months and more. It didn't work. As it says, the Nasdaq let it know the upcoming hearing wouldn't work out in its favor.

And so it's now a Grey. As pointed out in the 6-K, it will now have a sponsoring MM file a Form 211 so it can get off the Greys.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10108779

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.