- Current report filing (8-K)
22 7월 2010 - 6:09AM
Edgar (US Regulatory)
United
States
Securities
and Exchange Commission
Washington,
D.C. 20549
Form
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported):
July 20,
2010
PC GROUP,
INC.
(Exact
name of registrant as specified in its charter)
Delaware
(State
or other jurisdiction
of
incorporation)
|
0-12991
(Commission
File Number)
|
11-2239561
(IRS
Employer
Identification
Number)
|
419 Park Avenue South,
Suite 500, New York, New York
(Address
of principal executive offices)
|
10016
(Zip
Code)
|
Registrant’s
telephone number, including area code:
212
687-3260
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
o
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
o
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing
(a)
As previously disclosed, on January 11,
2010, the Office of General Counsel (the “Staff”) of the Nasdaq Stock Market
(“Nasdaq”) informed PC Group, Inc. (the “Company”) that the Nasdaq Hearings
Panel (the “Panel”) reviewing the Company’s listing had granted the Company
until July 19, 2010 to achieve a minimum bid price of $1.00 or more for at least
ten consecutive trading days as required by Listing Rule 5550(a)(2) (the “Bid
Price Rule”), which has not occurred.
On July 20, 2010, the Company received
a letter from the Staff indicating that the Company had not regained compliance
with the Bid Price Rule and that the Panel had made a determination to delist
the Company’s common stock, par value $0.02 per share (trading symbol: PCGR),
from Nasdaq. The Staff indicated that the Company’s common stock will
be suspended from trading on the Nasdaq Capital Market effective at the opening
of business on July 22, 2010 and that Nasdaq will subsequently file a
notification of removal from listing on Form 25 with the Securities and Exchange
Commission (“SEC”), with the delisting of the Company’s common stock effective
10 days after such filing.
It is presently expected that the
Company’s common stock will be quoted on OTCQB™ marketplace of the Pink OTC
Markets Inc. under the symbol “PCGR” and that the Company will continue to meet
its reporting obligations with the SEC.
A copy of
the Company’s press release announcing receipt of the delisting notice is
attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
Item 9.01
Financial Statements
and Exhibits.
(d)
Exhibits.
|
|
|
99.1
|
|
Press
Release of PC Group, Inc., dated July 21,
2010.
|
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned, hereunto duly
authorized.
Date: July
21, 2010
|
PC
GROUP, INC.
By:
/s/ Kathleen P.
Bloch
Kathleen
P. Bloch
Vice
President, Chief Operating Officer and Chief
Financial Officer
|
Exhibit
Index
|
|
|
99.1
|
|
Press
Release of PC Group, Inc., dated July 21,
2010.
|
PC (CE) (USOTC:PCGR)
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PC (CE) (USOTC:PCGR)
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