NASDAQ:CSLR), reported today that on August 4, 2006, NASDAQ granted Consulier an extension to regain compliance with Marketplace Rule 4310(c)(2)(B), which requires that Consulier maintain minimum stockholders equity
While MSGI is currently below the required Nasdaq threshold for stockholders equity
, this new financing will enable MSGI to regain compliance with such requirements.
Decreases stockholders equity
, originally reported at $21.
804 million of stockholders equity
as of September 30, 2004.
5 million in stockholders equity
as of June 30, 2004, subject to BDSI demonstrating compliance with this requirement for the quarter ended September 30, 2004.
0 million of stockholders equity
at the end of the third quarter of 2003 and expects an estimated stockholders' deficit between $23.
The May 15, 2003 hearing to consider EasyLink's continued listing arose out of EasyLink's failure to comply with Nasdaq's requirement to maintain three independent directors on the board and audit committee and its $10 million minimum total stockholders equity
Based on the Company's Annual Report on Form 10-K for the year ended December 31, 2003, the Company's stockholders equity
Norsat sought a transfer following the November 1st, 2002 change in the continuous listing requirements for the Nasdaq National Market that required the company to maintain stockholders equity
above US$10 million.