Actually, there is a formal delisting procedure. I believe that the initial
process is triggered by trading below one dollar for thirty days. Then
there are provisions for notice, hearing, protest, and the like. Takes a
while to get de-listed based on stock price.
73,
Mike WA0SXV
-----Original Message-----
From: towertalk-bounces@contesting.com
[mailto:towertalk-bounces@contesting.com] On Behalf Of Cqtestk4xs@aol.com
Sent: Saturday, July 26, 2003 11:47
To: k8cc@comcast.net; TOWERTALK@contesting.com
Subject: [TowerTalk] Re: [CQ-Contest] Rohn Going SK?
I am no expert on the NASDAQ, but I beleive anytime time a stock goes and
stays under one dollar per share it is delisted and goes to pink sheet
status.
Bill K4XS
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