Wednesday, July 13, 2011

Nasdaq grants Stratus delay on delisting - Austin Business Journal:

obesonuqa.wordpress.com
Austin-based Stratus has so far failed to file its 2008 annuall reportand most-recent quarterly reports with the Securitiees & Exchange Commission. The real estate company has said it's attempting to resolve some accountingb errors andis "workinb diligently" to file its But Nasdaq listing rulez require timely filing of financials and the exchange has sent Stratuzs several notices citing its noncompliance. Stratus STRS) has requested a hearing on itspending delisting, whicy delayed the action until June 8. But the company has now receivedc a further extension untilJune 25. Shares of Stratu were trading at $7.
59 on Wednesdat morning, up slightly from the stock's closing price on The shares have traded in the rangeof $4.5 2 to $30.75 over the last 52 weeks. Stratus is a real estatd acquisition, management and development company. It's currently steerinb the development ofthe

No comments:

Post a Comment