SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VIZY: Vizacom Inc. -- Ignore unavailable to you. Want to Upgrade?


To: siempre_quizas who wrote (1)5/16/2001 10:02:56 AM
From: hugh thorne  Respond to of 3
 
What is a shell co worth on the Naz - just want to see inherent values.



To: siempre_quizas who wrote (1)6/7/2001 10:54:19 AM
From: Bob Biersack  Respond to of 3
 
BOHEMIA, N.Y., June 7 /PRNewswire/ -- Vizacom Inc. (Nasdaq: VIZYD - news) today announced that The Nasdaq Listing Qualifications Panel has determined that Vizacom can continue to list its common stock on the Nasdaq SmallCap Market. The Panel's ruling comes in response to Vizacom's April 6, 2001 hearing before the Panel to appeal a Nasdaq Staff decision to delist the Company's common stock.

Vizacom has satisfied the Nasdaq Panel's requirement that it demonstrate a closing bid price of at least $1.00 per share for a minimum of ten consecutive trading days on or before June 6, 2001. The closing price of Vizacom's common stock on June 6, 2001, was $1.68.

Additionally, Vizacom expects to continue to meet all Nasdaq requirements for continued listing on the Nasdaq SmallCap market, including a requirement that the Company evidence net tangible assets of at least $2 million or stockholders' equity of at least $2.5 million as of June 30, 2001. The Panel has reserved the right to modify the terms of the net tangible asset or stockholders' equity requirement, depending on the Company's reported financial results for the quarter ended June 30, 2001. Vizacom, which reported net tangible assets of over $3 million and stockholders' equity of over $4.6 million for its profitable first quarter ended March 31, 2001, expects to meet Nasdaq's financial requirement for the quarter ended June 30, 2001 as well as continue to meet all additional Nasdaq requirements.