Calypte Biomedical Corp (fka CBMC)

[cal_pn]

Hey sower,
just joined this board here. I like to comment on the AMEX news:

<<< "Section 1003(a)(ii) with shareholders' equity of less than $4,000,000 and losses from continuing operations and/or net losses in three out of its four most recent fiscal years" >>>

I'm not sure about it but it looks to me that this is a rather formal action after the fiscal year 2005 has just ended recently and led in consequence to the violation of the above section.

So I think after Calypte had another year of losses in 2005 (which was not surprising of course) the AMEX has been forced to formally file this action. But it should not change the AMEX plan as it was known before to us. So this could be just a necessary formal step by the AMEX following the established procedure.

Just my uneducated opinion.

Cal

This board looks much better (less background noise)