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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: TokyoMex who wrote (46351)	1/23/1999 10:37:00 AM
From: StockDung	Read Replies (1) of 119973

Turbodyne says Nasdaq may seek delisting Friday January 22, 7:36 pm Eastern Time Turbodyne says Nasdaq may seek delisting WOODLAND HILLS, Calif., Jan 22 (Reuters) - Engine design and pollution control company Turbodyne Technologies Inc. said on Friday that the Nasdaq stock exchange had started proceedings related to a possible delisting of its shares. Trading of Turbodyne's shares on the Nasdaq SmallCap Market had been halted, the company said in a statement. ''Nasdaq has advised the company of its initiation of proceedings relating to a possible delisting of the company's shares,'' the statement said. Turbodyne had arranged for a hearing with the exchange to present its case for continued listing, it said. The company also said it intended to request a hearing with Easdaq, the Brussels-based pan-European stock exchange. Nasdaq on Thursday halted trade in Turbodyne shares and said it planned to start disciplinary proceedings against it. More Quotes and News: Turbodyne Technologies Inc (Nasdaq:TRBD - news) Related News Categories: US Market News

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