This company requested to be delisted from Frankfurt Exchange:
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Press Release Source: Roanoke Technology Corp.
Roanoke Technology Corp. Confirms Request for Delisting on Frankfurt, Germany, Stock Exchange Accepted to Help Stop Shorting
Friday May 7, 11:33 am ET
ROCKY MOUNT, N.C.--(BUSINESS WIRE)--May 7, 2004--Roanoke Technology Corp. (OTCBB:RNKE - News) is pleased to announce that the company's filing to be delisted on the Frankfurt Stock Exchange has been accepted. Therefore, as of today, the company is no longer trading on the Frankfurt Exchange and it is hoped that this will assist in reducing the shorting of our stock.
Roanoke Tech C.E.O, Mr. David Smith commented, "The listing of Roanoke Tech on the Frankfurt exchange was done by a third party without our knowledge and/or approval. When this was brought to our attention, action was immediately taken to have our company delisted and this has now been accomplished."
Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
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Contact:
Roanoke Technology Corp., Roanoke Rapids
Russell Jones, 252/428-0200
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Source: Roanoke Technology Corp.
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I post this for informational purposes only. I neither recommend or endorse the above company. I do however believe that there is a "different" set of rules for stocks trading on the foriegn exchanges, and that different set of rules tends to put US investors at a disadvantage. I would almost liken it to playing the market with "monopoly money" that has no intrinsic value, while cashing in the profit on the "monopoly money" in US greenbacks. I tend to consider the game unfare when the opponent doesn't risk what I'm risking. Just my 1.5 cents. Can't afford more right now!
Stakddek
