MEDG(E) runs risk of being delisted from OTCBB

Apparently Dubli/Medg(e) runs the risk of being delisted from the OTCBB as of February 16th, if they don't file their financial (re)statements for 2009 and 2010 before that date...

See http://www.otcbb.com/DailyListContent/delistings/OTCBBDelOpenReport.pdf (pdf file)

quote:

List of OTCBB Filing Delinquent Companies as of Jan 26, 2011
Each trading day, FINRA publishes a list of companies that it believes are non-compliant with FINRA Rule 6530 (the “Eligibility Rule”). A company is generally added to this list on the date that the symbol is appended with an “E” modifier. This is generally two business days after notification is published on the OTCBB Daily List. A security is removed from this list one business day after FINRA determines that it is eligible for quotation, or the security is no longer quoted on the OTCBB.

Issuer Name                    
MediaNet Group Technologies, Inc. 
Affected Issue(s): MEDGE   

Reason Not Eligible                        
Delinquent (09/30/2010 10K) 

Grace Period Expiration Date* 
02/14/2011

*The Removal Date is generally two business days following the grace period expiration date.
 
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Official SEC rules regarding the added "E" to the ticker symbol:
http://www.sec.gov/answers/eadded.htm

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See also my previous post about Dubli/Medianet Group's latest SEC filings not looking particularly good...

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