bhartzer
10-18-2005, 04:54 PM
To be honest with you, I'm not surprised. It looks like Looksmart will be de-listed on the Nasdaq stock exchange soon. Is this further proof of their inevitable downfall?
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/10-17-2005/0004170972&EDATE=
"LookSmart, Ltd. (Nasdaq:LOOK; ASX: LOK), an online media and technology company specializing in vertical search, today announced that on October 13, 2005 it received a letter from the Nasdaq staff stating that the Company has failed to comply with the $1.00 minimum bid price required for continued listing of its common stock on the Nasdaq National Market set forth in MarketPlace Rule 4450(a), and as a result the Company's common stock is subject to delisting."
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/10-17-2005/0004170972&EDATE=
"LookSmart, Ltd. (Nasdaq:LOOK; ASX: LOK), an online media and technology company specializing in vertical search, today announced that on October 13, 2005 it received a letter from the Nasdaq staff stating that the Company has failed to comply with the $1.00 minimum bid price required for continued listing of its common stock on the Nasdaq National Market set forth in MarketPlace Rule 4450(a), and as a result the Company's common stock is subject to delisting."