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Technology Stocks : ZAP - 'Zero Air Pollution' vehicles

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From: Done, gone.12/24/2005 11:55:09 AM
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Form 8-K for ZAP

23-Dec-2005

Notice of Delisting or Transfer

ITEM 3.01. NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING

As a result of the recent share price, on December 19, 2005, ZAP (the Company) received a notice (the Notice) from the staff of PCX Equities, Inc. (PCXE), a subsidiary of the Pacific Exchange (the PCXE Staff), advising the Company that it has not met the PCXEs listing maintenance requirements for share bid price set forth in PCXE Rule 5.5(h)(4).

The PCXE Staff, pursuant to PCXE Rule 5.5(m), will conduct a review on January 19, 2006 of the Companys continued listing status and actions taken by the Company to address the share bid price deficiency. The Company is developing a plan to comply with PCXEs listing maintenance requirements and, pursuant to the Notice, intends to provide a written response to the PCXE Staff no later than January 9, 2006.

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