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Non-Tech : Golf Stocks and Industry Buzz

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To: caly who wrote (128)5/24/2010 10:10:24 PM
From: caly  Read Replies (1) of 178
 
Also, Aldila voluntarily delisted from NASDAQ and moved to the OTCQX back in January.

aldila.com

The move to list on the OTCQX is consistent with the Company’s ongoing efforts to reduce expenses and improve financial results. The Company has worked hard to reduce its selling, general and administrative expenses (“SG&A”) and continues to focus its efforts to control costs. Pink OTC Markets reports that small companies typically save $500,000 to $750,000 annually by moving their listing from a national exchange and deregistering under the Exchange Act. Aldila anticipates realizing annual savings at the low end of this range.
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