HMARQ Delisting
Sarge: Presumably you saw the following news, too?
>>>>>>
HVIDE MARINE INC has filed a Form 8-K with the United States Securities and Exchange Commission.
Click on the following hyperlink to view this filing:
freeedgar.com
<excerpt>
On September 9, 1999, The Nasdaq Stock Market ("Nasdaq") announced that trading in the Company's Common Stock had been suspended "for additional information requested" from the Company and that trading in the Common Stock would remain suspended until the Company "has fully satisfied Nasdaq's request for additional information." The Company subsequently provided Nasdaq with the requested information. However, on September 20, 1999, Nasdaq advised the Company that, in the opinion of Nasdaq's staff, "continued listing of the Company's securities on [Nasdaq] is no longer warranted" and that its staff "has determined to delist the Company's securities from [Nasdaq] effective with the close of business on September 28, 1999." Nasdaq has also advised that the Company may appeal this determination. The Company has not yet determined whether it will pursue an appeal and can give no assurance that an appeal, if pursued, would be successful.
Should the Company's Common Stock be delisted, it may trade in securities markets other than Nasdaq. However, the Company can give no assurance that its Common Stock will trade on any other markets or as to the nature and extent of any such trading.
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BTW, regarding your last sentence:
Note: As further news becomes available, I will post with little or no comment.
PS - Why the self-imposed silence? |
