00 for a minimum of ten consecutive days and that the Company's non-compliance with the
listing requirement announced on October 30, 2006, has been rectified.
As part of its appeal to a Nasdaq Listings Qualifications Panel to remain listed on the Nasdaq National Market, Wave has submitted a plan to implement this reverse stock split for purposes of regaining compliance with that market's $1 minimum closing bid price continued
listing requirement.
The Company applied to transfer from the National Market to the Capital Market after it received a letter from Nasdaq notifying the Company that it was not in compliance with the National Market
listing requirement for stockholders equity.
27 if it couldn't come into compliance with
listing requirements.
This press release contains forwardeAElooking statements regarding the Company's plans to regain compliance with the Nasdaq
listing requirements.
Changes in
listing requirements will make it harder for many small, publicly traded companies to get on or stay listed on Nasdaq's OTC Bulletin Board.
Nasdaq: MEAD), today announced that it has been advised by the Nasdaq Listing and Hearing Review Council that it has regained compliance with Nasdaq
listing requirements and that the company will continue to trade on the Nasdaq Global Market.
Other conditions stated in the letter require that "the Company must be able to demonstrate compliance with all Nasdaq continued
listing requirements.
NASDAQ:DELL) announced that the company received, as expected, a NASDAQ Staff Determination letter on December 15, 2006, indicating that the company is not in compliance with the NASDAQ continued
listing requirements set forth in Marketplace Rule 4310(c) (14).
EST, the Company will attend a hearing before an American Stock Exchange ("Amex" or the "Exchange") Listing Qualifications Panel (the "Panel") to present its plan of compliance with the Amex continued
listing requirements and request continued listing on the Amex.
Omtool to provide plan to achieve and sustain compliance with The Nasdaq Capital Market's
listing requirementsCo The board of Medicover has decided to call an extraordinary general meeting on 9th November 2006 to decide on a de-listing as a consequence of that the company does not comply with the
listing requirements for the Stockholm Stock Exchange's regarding diversification of the shareholder base
