ADVV (Advantage Technologies) - formerly CSIN Message Board

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Non-Tech : ADVV (Advantage Technologies) - formerly CSIN

ADVV 0.750

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Sep 27 5:00 PM EST

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To: Michael Graham who wrote (315)	6/24/1999 9:36:00 PM
From: SgtPepper	of 483

NASDAQ is getting tough with enforcing the rules. A bad omen for many penny stock investors. This story is particularly poignant because the shareholders and company officials felt they were a special case. NOT! ___ HENDERSON, Nev., Jun 24, 1999 (BUSINESS WIRE via COMTEX) -- Alta Gold Co. to Appeal Alta Gold Co. Thursday announced that the Nasdaq Listing Qualifications Panel has denied the company's request for an extension of time to comply with Nasdaq's continued listing criteria, and accordingly has delisted the company's securities from the Nasdaq National Market as of the close of business Wednesday. Robert N. Pratt, president and chief executive officer of Alta Gold, stated: "We are extremely disappointed with Nasdaq. In spite of the in-person appeal we made in Washington, D.C., on behalf of our stockholders, and in spite of over 1,000 letters from our stockholders requesting that Nasdaq not delist the company, it is very disturbing that Nasdaq has chosen to ignore the interests of our stockholders. We intend to appeal this decision to the Nasdaq Listing and Hearing Review Council."

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