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Nasdaq Notifies Ontro of Additional Listing Deficiency.
Publication: PR Newswire Publication Date: 29-NOV-02 |
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COPYRIGHT 2002 PR Newswire Association LLC
Ontro, Inc. a California developer of patented technology for producing fully contained, self-heating containers, today announced that on November 22, 2002 it was notified by the Nasdaq Listing Qualifications Department ("Staff") of an additional Nasdaq SmallCap Market ("Nasdaq") listing deficiency. Specifically, the Staff alleged that the Company did not meet the stockholders' equity/market value of listed securities/net income continued listing requirement in accordance with the NASD Marketplace Rule 4310(c)(2)(B) ("NASD Rule"). The Company is...
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