Why the company choose not paying the Nasdaq listing fee and intend to go to Pink sheet? And they said they are not going to appeal for delist. It looks like the company choose to give up the listing. Why? And they supposed to know the meaning for delisting---at list , in short term, it will have negtive impact on the stock.
That is exactly what I think. I am sure that they have offers from a couple different companies and if they are going to sell why bother with the NASDAQ fees and trouble. I think that this will turn out well in the end. May drop Friday on the delisting but I think that a buy out will come very soon .