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+ - SCO receives official delisting notice from Nasdaq

Submitted by
fifteencattleprods
fifteencattleprods writes "On the tail of two stories regarding possible delisting of SCO stock (reported on slashdot here, and here), today is the day the delisting process has started. Straight from SCO's own press release site, they have received their delisting notice from Nasdaq. While this doesn't mean their stock will be delisted immediately, it does mean they've come under notice by Nasdaq, and must fix their problems within 180 days, before October 22, 2007. If they don't get their stock above $1 per share for ten consecutive days between now and then, they're toast."

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