If you actually read the article, it's about DELIQUENT filings, not companies that file a routine extension.
It talks about the automatic delisting from the NASDAQ -- NASDAQ doesn't delist for filing an extension -- LOL!!! The penalty for filing a routine extension is equal to the penalty for buying a cup of coffee at Starbucks.
Nothing, nada, zip, zilch.
Raw
Research & analysis on some of my favorite stocks is located on the sticky note on the SwingTrade board.