Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standa
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On June 3, 2011 the Company received a notification from the AMEX Listing Qualifications Department indicating that, for the last 30 consecutive business days, the bid price of the Company's common stock has closed below the minimum $1.00 per share requirement for continued listing on the AMEX Capital Market under AMEX Listing Rule 5550(a)(2).
The Company, in accordance with AMEX Listing Rule 5810(c)(3)(A), has been provided 180 calendar days, or until November 14, 2011, to regain compliance with the minimum $1.00 per share requirement. If at any time during this grace period the bid price of the Company's common stock closes at or above $1.00 per share for a minimum of ten consecutive days, the AMEX Stock Market will provide the Company with a written confirmation of compliance and the matter will be closed.
If the Company does not regain compliance with Listing Rule 5550(a)(2) by November 14, 2011, the Company may be notified that its common stock is subject to delisting. At that time, the Company may appeal AMEX's determination to delist its common stock to a Hearings Panel.
YOU NEED TO STOP THIS ALREADY!!
GROW THE F UP AND STOP..DO YOU READ ENGLISH..STOP MF'R STOP!!!!!
YOU HAVE GONE ON TOO LONG AND HAVE GONE TOO FAR WITH THIS CRAP EACH AND EVERY DAY!!!
After Midnight, most folks are asleep, this creep is online bashing!