NIV - here's the NYSE press release -
NYSE Amex Halts Trading in the Securities of NIVS IntelliMedia Technology Group, Inc.
NEW YORK, March 24, 2011 – NYSE Regulation, Inc. (“NYSE Regulation”) announced today that a trading halt was implemented in the common stock, par value $.0001, of NIVS IntelliMedia Technology Group, Inc. (the “Company”) (Symbol: NIV). The Company is listed on NYSE Amex.
NYSE Regulation is evaluating both the need for certain public disclosure, as well as the overall suitability for continued listing of the Company’s common stock. In this regard, NYSE Regulation is in the process of requesting additional information from the Company in connection with such assessment.
NYSE Regulation expects that the trading halt will continue until its continued listing assessment is complete. Trading may or may not resume as NYSE Regulation may, at any time, determine to suspend a Company’s securities if it believes continued dealings on the NYSE Amex are not advisable.
