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Nov. 19, 2012, following 30 consecutive business days for which Magellan's closing bid price didn't meet the $1 per share business requirement...Howard Pankratz: 303-954-1939, firstname.lastname@example.org or twitter.com/howardpankratz Font
Amex Company Guide, and until 28 February 2011 to regain compliance with financial condition continued listing requirements under Section 1003(a)(iv)...Amex on 23 November, 2010 indicating that it was below certain continued listing requirements.
The notification letter states that the Company will be afforded 180 calendar days, or until December 27, 2010 , to regain compliance with the rule. To regain compliance, the Company's market value of publicly held shares must meet or exceed $1,000,
Hearings Panel (the "Panel") granted the Company the maximum allowable extension to regain compliance with Listing Rule 5550(b) (the “Rule”), which requires stockholders’ equity of at least $2.5 million . The Panel's decision follows the hearing that