Power Medical Interventions Inc fka PMII (PMII)

[chevelle]

I'm sure you have seen this......but who knows about next week...
Power Medical Interventions(r), Inc. (Nasdaq:PMII), a leader in developing and commercializing Intelligent Surgical Instruments(tm), today announced that it has received notification from the NASDAQ Listing Qualifications Panel stating that the Panel has determined to delist the shares of Power Medical Interventions from the NASDAQ Capital Market, effective with the open of business on Friday, May 22, 2009.
The determination follows the company's announcement on March 24, 2009, that the Panel had granted the company's request for conditional listing, through May 20, 2009, to satisfy the $2.5 million stockholders' equity requirement for continued listing on the NASDAQ Capital Market. The delisting is the result of the company's non-compliance with the minimum stockholders' equity requirement as of May 20, 2009, which date represents the full extent of the Panel's discretion in this matter.
The company anticipates that its securities will be eligible for trading on the Over-the-Counter Bulletin Board (the "OTCBB"), an electronic quotation service maintained by the Financial Industry Regulatory Authority ("FINRA"), effective with the open of business on Friday, May 22, 2009. The company's trading symbol will remain PMII. However, it is the company's understanding that, for certain quote publication websites, investors may be required to key PMII.OB to obtain quotes.

I want to see which way she goes b4 I get back in