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Businesses

Submission + - SCO Delisting warned

icebike writes: SCO has been notified by NASDAQ that it currently fails to meet the requirements for continued listing on NASDAQ due to its price being below 1 dollar for the last 30 days.

This means that if the stock price can not be held above 1 dollar for 10 consecutive days out of the next 180, SCO will be delisted. It would then join the Pink Sheets, where penny stocks are traded, (and usually hyped by untold volumes of spam promising a big campaign).

http://biz.yahoo.com/prnews/070427/laf053.html?.v= 60

Just another step in the downward spiral of a company with few customers, and little to sell, and a business model based on litigation.

In the realm of scientific observation, luck is granted only to those who are prepared. - Louis Pasteur

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