Argos Therapeutics Inc fka ARGSQ

[declaes]

sorry wrong board...oeps

ARGS will ask for an extension of 180 days. If they can't get one they will appeal and have at least another 30 days. Expecting news about this soon.

"If the Company does not regain compliance with the Bid Price Requirement by the Bid Price Compliance Date and is not eligible for an additional compliance period at that time, the Staff will provide written notification to the Company that its common stock may be delisted. At that time, the Company may appeal the Staff’s delisting determination to the Panel. The Company expects that its common stock would remain listed pending the Panel’s decision. However, there can be no assurance that, if the Company receives a delisting notice and appeals the delisting determination by the Staff to the Panel, such appeal would be successful.

The Company expects to regain compliance with the Audit Committee Requirement by the Audit Committee Compliance Date. If the Company does not regain compliance with the Audit Committee Requirement by the Audit Committee Compliance Date, the Staff will provide written notification to the Company that its common stock may be delisted. At that time, the Company may appeal the Staff’s delisting determination to the Panel. The Company expects that its common stock would remain listed pending the Panel’s decision. However, there can be no assurance that, if the Company receives a delisting notice and appeals the delisting determination by the Staff to the Panel, such appeal would be successful."