ZAP - 'Zero Air Pollution' vehicles Message Board

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Technology Stocks : ZAP - 'Zero Air Pollution' vehicles

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From: Done, gone.	11/6/2006 7:08:02 PM
	of 201

Form 8-K for ZAP 6-Nov-2006 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On October 31, 2006, ZAP (the "Company") received written notice from the staff of the New York Stock Exchange (the "NYSE") that the Company's common stock would be suspended from trading on the NYSE Arca prior to market open on Wednesday, November 8, 2006 as a result of the Company's failure to satisfy the NYSE Arca's continued listing standards. The NYSE's application to the Securities and Exchange Commission to delist the Company's common stock is pending completion of applicable procedures, including any appeal by the Company of the NYSE staff's determination. As of the date of this report, the Company does not intend to appeal the NYSE staff's determination and is working with a market maker to have its common stock quoted on the OTC Bulletin Board. As previously disclosed, the Company had received notification from the NYSE staff on August 23, 2006, that the Company was not in compliance with the NYSE Arca's continued listing standards for minimum total net tangible assets or minimum net worth. The Company submitted a business plan to address non-compliance with the NYSE Arca's listing standards. After reviewing these materials, the NYSE staff decided to proceed with the delisting as described above. The press release announcing receipt of the notification from the NYSE staff is attached as Exhibit 99.1. Section 9 Financial Statements and Exhibits Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Title or Description 99.1 Press release of ZAP dated November 6, 2006 regarding NYSE notification. biz.yahoo.com

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