Back in GOFH 4.05 +.25 Lexi...news of Nasdaq application filed this morning: GoFish Files Application for Nasdaq Listing
Friday April 27, 8:30 am ET
SAN FRANCISCO--(BUSINESS WIRE)--GoFish Corporation (OTCBB:GOFH - News), the leading Internet Video Network showcasing original, Made-for-Internet ('MFI') programming, today announced it has applied to move trading of its common stock from the OTC Bulletin to the NASDAQ Capital Market, pending a review and approval of the application by the NASDAQ Listing Qualification Panel. If the application is approved, the stock is expected to continue trading under the ticker symbol, "GOFH."
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As part of the NASDAQ application and approval process, the company is required to meet certain eligibility criteria including corporate governance standards as well as other qualitative and quantitative requirements. There can be no assurances that GoFish will be able to satisfy all of the listing requirements for the NASDAQ Capital Market.
"Listing GoFish stock on NASDAQ will raise our visibility among institutional and retail investors and would be in the best interests of our stockholders," said Michael Downing, founder and CEO of GoFish. "Our unique strategy of creating original, Made-for-Internet programming has set us apart in the competitive online video sector and a successful migration over to NASDAQ will further distinguish us."
About GoFish Corporation
GoFish Corporation, (OTCBB:GOFH - News) headquartered in San Francisco, is a leading Internet Video Network that, in two years, has grown to deliver millions of videos per month to a rapidly growing audience of enthusiasts. The first publicly traded company in the space and a pioneer in the development of original, Made-for-Internet programming, GoFish is a destination on the web where millions of people come to watch, create, upload and share the best in online video entertainment. For more information about the company, go to www.gofish.com.
Forward-Looking Statements
This press release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, including statements concerning the possible move of trading of our stock to the NASDAQ Capital Market and the impact of such a move on our relations with individual and institutional investors. Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements including, but not limited to, the uncertainties associated with our ability to satisfy the listing requirements of the NASDAQ Capital Market, our inability to generate sufficient operating cash flow from advertising revenue or raise capital to support our operations, a reduction in the demand for user-generated video and related services, a fall-off in search engine directed traffic to our web site, and general economic conditions. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission, including those risks set forth in the Company's Annual Report on Form 10-KSB, filed on April 17, 2007, which attempt to advise interested parties of the risks and factors that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Contact:
Market Street Partners for GoFish (Investors)
Joann Horne, 415-445-3233
joann@marketstreetpartners.com
Nate Wright, 415-445-3239
nate@marketstreetpartners.com
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Source: GoFish Corporation
My last add...did get more CPNE at 1.79 too btw...time to leave now though...good luck today!! tuna |
