Home > News > JMAR Common Stock to Be Quoted Initially on Pink Sheets
December 22nd, 2006
JMAR Common Stock to Be Quoted Initially on Pink Sheets
Abstract:
JMAR Technologies, Inc. (NASDAQ:JMAR), a leading innovator in the development of laser-based technology and x-ray processes for imaging, analysis and fabrication at the nanoscale, announced the receipt of a notification from Nasdaq following the Company's appeal to a Nasdaq Listing Qualifications Panel on December 14, 2006 that the common stock of the Company will be delisted from The Nasdaq Capital Market effective with the open of business on Tuesday, December 26, 2006. The Nasdaq notice stated that the Panel's determination was based on JMAR's previously announced failure to satisfy the $1 bid price requirement and the $2.5 million shareholders' equity requirement.
Source:
businesswire.com
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