Its a desperate move towards cost savings...it's expensive to list on a major exchange. The good news is it plugs one of the holes in the dam...the bad news is it's a relatively small hole as compared to the myriad of other much larger holes they can't plug.
Financial reporting will halt to a bare minimum.
Marker: Emergent Capital, In (EMG) $0.2489 up 0.004 (1.63%) Volume: 342,459