Turbodyne Technologies Inc. (TRBDF) Message Board

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Technology Stocks : Turbodyne Technologies Inc. (TRBDF)

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To: Mr. Park who wrote (3081)	4/5/1999 5:45:00 PM
From: Tech Master	Read Replies (1) of 3458

** not very promising news ** Turbodyne delisted, delays annual report WOODLAND HILLS, Calif., April 5 (Reuters) - Turbodyne Technologies Inc. said Monday it has requested an extension for the filing of its annual report from the Securities and Exchange Commission and expects to report a loss. Turbodyne, which makes pollution-reduction, performance-enhancing products for engines. as well as machined aluminum castings, said it expected to incur a substantial net loss for the year ended Dec. 31, compared with the prior year. The company also said in a separate statement it has been delisted from the Nasdaq market, effective at the close of business Monday, but has requested a Nasdaq hearing to review the decision in an effort to be reinstated. Turbodyne said it hoped, meanwhile, to list its securities on the OTC Bulletin Board.

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