HOW COME TMA GOT NOTICE FOR DELISTING 2 MONTHS AGO
And now they are delisted? in the tma notice they said they had until april to cure the deficiency. but now they are on the pinks. same thing happened with fmnt lum brlc etc. so technically the sec doesnt have to wait until the end of the notification to delist a stock? im wondering since fnm has been a penny stock for over 2 months whether they will get notification? it seems to me at any moment fnm could get the delistment notice sometime in the next week or so and if it happens during after hours we are all scrwed. im selling eveything on monday because i dont want to take a chance. it could go to .05 and i wont be able to do anything. i dont want to lose everything. will the symbol be fnm.pk or fnm.ob? someone let me know since i cant afford to lose anymore money.
TMA management are complete idiots and useless. They did nothing to avoid the destruction of their stock and stock holders like me. This has completely gone down the tubes from a reverse split down to .18 cents. No communication no nothing. Now FNm is gov't owned and I see in NO way do they delist this one... IMO which doesnt equate to much
" On December 1, 2008, the Company received notice from NYSE Regulation, Inc. (the "NYSER") that the NYSER has determined that the Common Stock should be suspended from trading prior to market opening on Friday, December 5, 2008. The NYSER based its determination on the fact that the Common Stock price had fallen below the New York Stock Exchange's (the "NYSE") continued listing standard for average closing price of less than $1.00 over a consecutive 30 trading day period and
*********had not regained compliance with this standard within the required six month period*****.
The Company does not intend to appeal the NYSER's determination. "