Yes and the company just got the news they need to lift themselves up above $1, because not too long ago (day b4 that),
they got this from Nasdaq:
ZVUE Receives Delisting Notice from NASDAQ
Monday July 21, 5:15 pm ET
SAN FRANCISCO--(BUSINESS WIRE)--ZVUE Corporation (NASDAQ:ZVUE - News), a global digital entertainment company, today announced that it had received notice on July 17, 2008 from the NASDAQ Stock Market ("NASDAQ") that the Company does not meet the independent director and audit committee requirements for continued listing on The Nasdaq Stock Market under Marketplace Rules 4350(c)(1)1 and 4350(d)(2)2 (the “Rules”), respectively. In addition, the Company is not eligible for the cure period provided in Marketplace Rule 4350. As a result, Staff is reviewing the Company's eligibility for continued listing on The Nasdaq Stock Market. To facilitate this review, NASDAQ has asked the Company to provide a specific plan and timetable to achieve compliance with the Rules on or before August 1, 2008. The Company is in the process of preparing the requested plan and timetable and expects to meet the August 1, 2008 deadline.
All posts are purely my opinion and are not buy or sell recommendations.
