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News Flash
Nasdaq sends notice to House of Taylor Jewelry
28 Apr '08
2 min read
According to the Nasdaq Notice, the Company had 180 calendar days, or until April 28, 2008, to regain compliance. Since receiving notice, the bid price of the Company's stock has not closed at $1.00 per share or more for a minimum of ten consecutive business days.
In addition, the Company does not currently meet The Nasdaq Capital Market initial listing criteria set forth in Marketplace Rule 4310(c) which would qualify the Company to be granted an additional 180 calendar day compliance period.
No assurance can be given that after delisting of the Company's common stock from The Nasdaq Capital Market that the common stock will be able to trade on the Nasdaq Over The Counter Bulletin Board or on any other market.
In addition, the Company does not currently meet The Nasdaq Capital Market initial listing criteria set forth in Marketplace Rule 4310(c) which would qualify the Company to be granted an additional 180 calendar day compliance period.
No assurance can be given that after delisting of the Company's common stock from The Nasdaq Capital Market that the common stock will be able to trade on the Nasdaq Over The Counter Bulletin Board or on any other market.
House of Taylor Jewelry Inc
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