The buildings in the trade center area are becoming accessible and business is regaining
Paradise Lost reminds us that the most effective critical introductions are often those with an unmistakable agenda.
NASDAQ: DSLN), a leading nationwide provider of broadband communications services to businesses, today announced that it has been advised by the Nasdaq that the Company has received an additional extension of the grace period for regaining compliance with the Nasdaq SmallCap Market's minimum bid price rule, which is required for continued listing.
net's grace period for regaining compliance with the Nasdaq SmallCap Market's minimum bid-price rule, or that otherwise has an adverse affect on DSL.
The Company subsequently responded to Nasdaq, outlining a plan for regaining compliance and requesting an additional period of time to execute this plan before facing possible delisting from the Nasdaq National Market.
This news release contains forward-looking statements regarding future events or results including SEEC's appeal of the Nasdaq delisting decision, SEEC's plan for regaining compliance with the Nasdaq National Market qualitative listing standards, SEEC's ability to raise additional funds or reduce expenses, the conversion of the secured debt assumed in the Asera asset acquisition and the decision of the Nasdaq Listing Qualifications Panel following the appeal hearing.
With the exception of historical information, matters discussed in this news release, including in particular, the reference to the possibility that we may be permitted to transfer our listing to The Nasdaq SmallCap Market and/or obtain an extended grace period for regaining
compliance with minimum bid price requirements, are forward-looking statements involving a number of risks and uncertainties and may not be achieved due to factors beyond our control, including any future changes in Nasdaq rules and requirements or their application to our listing, and any additional deficiencies that may arise in the future with regard to our compliance with Nasdaq rules and requirements.
The Functional Tone Management (FTM) system, a new tool in the therapeutic arsenal for regaining
functional use of the arm and hand following a stroke, is now available through the Advanced Recovery Rehabilitation Center (ARRC) in Sherman Oaks, Calif.
The Company has requested a hearing before a Nasdaq Listing Qualifications Panel in order to present its plan for regaining
compliance with the minimum bid requirement.
Should the Company fail to attain the required minimum share price requirement after this second 180-day period, it would be entitled to a hearing with Nasdaq at which it would propose a plan for regaining
its minimum share price requirement.
AMEX: MS) today announced that the American Stock Exchange had completed its review of Milestone's plan for regaining
compliance with the Amex's shareholders' equity requirements for continued listing and had determined that the plan makes a reasonable demonstration of Milestone's ability to regain compliance by the conclusion of the plan period at the end of 2003.
The California Technology, Trade and Commerce Agency (TTCA) announced today that figures from the Massachusetts Institute of Social and Economic Research (MISER) show the state's export market is rebounding and regaining
momentum it lost due to the worldwide economic slump.
Bermeister continued, "We continue to work closely with the American Stock Exchange and are pleased with our progress toward regaining
compliance with the Exchange's continued listing requirements.