Host America Announcement
06 8월 2005 - 7:07AM
PR Newswire (US)
HAMDEN, Conn., Aug. 5 /PRNewswire/ -- On August 5, 2005, Host
America Corporation ("Host") was notified by The Nasdaq Stock
Market ("Nasdaq") that based on a review of public documents and
information provided by Host to Nasdaq related to the issuance of a
July 12, 2005 press release, the Staff of Nasdaq Listing
Investigations and Listing Qualifications has determined that Host
no longer qualifies for inclusion in the Nasdaq Stock Market and
that its securities are therefore subject to delisting. Nasdaq
Marketplace Rules 4300 and 4330(a)(3) provide the Staff with broad
discretionary authority to deny continued inclusion of securities
in order to maintain the quality of, and the public's confidence
in, The Nasdaq Stock Market. Accordingly, Nasdaq has informed Host
that its securities will be delisted from Nasdaq at the opening of
business on August 16, 2005, unless Host requests a hearing in
accordance with the Marketplace Rule 4800 Series. Host will request
a hearing before a Nasdaq Listing Qualifications Panel to review
the Nasdaq Staff determination. Any such hearing request will stay
the delisting of Host's securities pending the Panel's decision.
Jim Blackman, PR Financial Marketing, L.L.C., (713)256-0369 or Mark
Miller, East West Network Group, (770)436-7429 DATASOURCE: Host
America Corporation CONTACT: Jim Blackman of PR Financial
Marketing, L.L.C. +1-713-256-0369; or Mark Miller of East West
Network Group, +1-770-436-7429 Web site:
http://www.hostamericacorp.com/
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