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TranSwitch Corp. Message Board

  • altrfan altrfan Jul 1, 2013 9:56 AM Flag

    Nasdaq appeal process

    Wondering here if during the appeal process TXCC is allowed to divulge certain information, like upcoming customer orders for HDplay for later in Q3 that TXCC is starting to manufacture now as part of the company's reasons on why they should be allowed more time that they normally wouldn't make public right now. It would seem to me that in a situation such as this they should have some leeway in this area as it is a somewhat abnormal situation to normal business, as TXCC needs to be able to go further than 'trust us' to the Appeals Board.

    See the stock has rebounded a little from Friday in early trading. I also would think that the current uncertainty isn't helping the share price and if there is a favorable resolution a pop in the share price would probably occur.

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