News Focus
News Focus
Followers 97
Posts 38549
Boards Moderated 89
Alias Born 03/22/2005

Re: corwatcher post# 29213

Monday, 10/05/2009 2:15:17 PM

Monday, October 05, 2009 2:15:17 PM

Post# of 57598
Corwatcher, I wish I knew more about the delisting process. Cortex's has been going on for some time.

We got the notice of lack of compliance in May, then Cortex filed a plan to regain compliance on June 18, but that plan was rejected Aug 20. Then Cortex said they would appeal that decision by Aug 27, and a hearing would be scheduled within 45 days of that request (by ~Oct 11 by my calculations).

So now the question is if this decision will be the final one, or is there another step in the process? Could they allowing us to appeal again based on an upcoming partnership cash infusion? Is a cash infusion sufficient to stop/delay the delisting, and if so, how much of an infusion would it take? Does the pps also have to rise to a certain level, etc?

Perhaps someone out there can enlighten us with additional info on the delisting topic.













Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today