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makesumgravy

03/14/09 2:28 AM

#20 RE: dav1234 #18

Its unlikely, but they could have done a r/s, and this would have taken them over a dollar even more depending just how deep they wanted to go, but if this were gonna happen, they would have done it before as a last resort............they are just one of the many who have been taken down. Its hard to say at this stage what their plans may or may not be?

For some the Ceo's and Key executives helped with the onslaught.

Could be that market conditions just aren't good enough for the challenge?..........AT&T fell from grace and came back from the pinks some years ago, and then later got bought out. When the fall off the senior exchange they lessen their opportunities to raise the kinda of cash when they may need it the most...........Their only other resource may be the retailer, but in reality it almost always comes back to the public thru directly selling to the public, or indirectly thru an accreditor.

Hospitality stocks are suffering right now due to the economy, unless its a high end resort like the AIG crowd stayed at, or the Democratic Party, then the Republican Party, then it was the AFL-CIO execs who stayed in Miami's finest, top tier sweet $1400 a night. :)))

Paid for by the taxpayer who may now be unemployeed, and union members, who to may be unemployeed............crazy huh?.............The finest of arrogant displays, nothing like livin it up at everyones else's expense.



makesumgravy

03/14/09 2:49 AM

#21 RE: dav1234 #18

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6475791

According to the notice received from the NYSE, the suspension of trading is occurring because the Registrant has failed to meet the continued listing standard regarding average global market capitalization over a consecutive 30 trading day period of not less than $15 million. The Registrant does have a right to a review of this determination by a committee of the Board of Directors of NYSE Regulation and will continue to be listed until such time of the appeal. The Registrant expects to utilize this appeal process; however, there are only limited solutions available. The Registrant has not yet been notified as to the timing of the appeal process.