Rande...RDOC...January 4, 2000 Press Release..."ISS also announced today that at the request of NASDAQ, the previously scheduled hearing date of January 4, 2001 for the delisting of its stock has now been rescheduled for February 1, 2001"
This additional time may give RDOC a chance to get the results of the FDA review, issue a few press releases and get the price of the stock back to NAZ requirements prior to the February 1, 2000 meeting.
One of the other positive points in the press release is the appointment of Mr. Elloit J. Smith to the Board. Outstanding background.
"Mr. Smith is currently the Managing Director of Broadband Capital Management, LLC. New York City, N.Y. Mr. Smith has over 45 years of experience at various senior executive levels with both large and small financial institutions on Wall Street. He began his career with Bache and worked there for 30 years rising to the position of the Member of Executive Committee. A few of his current and past affiliations include, Director of Executive Board for Alzheimer's Care Committee, Board of Directors of MW Medical, Inc., Governor of American Stock Exchange, Governor and Chairman of the Amex commodities Exchange and the Board of Governors of the Chicago Board of Options Exchange. Mr. Smith also appeared as the special Guest on ``Wall Street Week'' and holds a Bachelor's degree in Economics.
``We are honored that Mr. Smith has agreed to bring his financial expertise to the Company at the Board Level. Especially in the current tumultuous stock markets, we believe Mr. Smith will be of great assistance in building greater shareholder values,'' Commented Dr. Ramesh C. Trivedi, President and CEO of ISS.
ISS also announced today that at the request of NASDAQ, the previously scheduled hearing date of January 4, 2001 for the delisting of its stock has now been rescheduled for February 1, 2001"
biz.yahoo.com
Jim |
