Replies to post #5603 on Alset Inc (AEI)

[Smilin_B]

Does this company or does this company not have an investor relations officer to field shareholder concerns? What the f are they doing?

[powerbattles]

Thanks, here is my point of view. any company in the process of delisting, whether voluntary or involuntary, must make a public announcement.
Chan play by the book...If the company fails to comply. Nasdaq will send the company a delisting letter and he must make a public announcement within 4 business days.

"If the conditions that triggered the deficiency notice are not met in time, the NASDAQ will then send the company a delisting letter, which must be disclosed to the public within four business days.

There is an appeal procedure that a company can use, if it feels that it doesn't deserve to be delisted or if it can regain compliance in a reasonable amount of time. Once the company receives the delisting letter, it has seven days to request a hearing with the NASDAQ listing qualification panel to present its case, which postpones the delisting process until the panel makes a decision.

Full details read the link below.
https://www.nasdaq.com/articles/delisting-process-nasdaq-2015-11-13