The NASDAQ panel that declined to give NGSX additional time to return to capitalization compliance and decided to delist the company did not cast a positive nod in NGSX' direction. As I read it, the panel basically said that it had major doubts that the value of NGSX would rise above $50,000,000 any time soon.
Anybody read the latest Income Statement for the January - March 2012 reporting period for NGSX? Nothing very positive for that period nor for the entire last year.
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