"the Company has an additional 180 calendar days, or until December 6, 2010, to regain compliance with the minimum bid price requirement for The Nasdaq Capital Market under Marketplace Rule 5550(a)(2)."
Why would the company be given an extension when they lose money on every unit they sell? They have not been in compliance for more than a year. They need to raise additional money to keep operations going!
A continued failure to comply with NASDAQ’s listing standards could result in the delisting of our common stock from the NASDAQ Capital Market and severely limit trading in our common stock.