[Drango]

I thought they were scheduled to die on November 11th or thereabouts.

I can't figure that out either...They failed to meet the NASDAQ criteria...delisting should have been automatic. But, in the 10Q from yesterday, they say "As of the date of this filing, Salon has not been notified by NASDAQ of changes to its listing."

Seems the delisting is NASDAQ's snafu.

[Timesink]

I seem to vaguely remember they got Nasdaq to give them a little breathing room on the delisting issue. Nasdaq probably decided what the heck, in a couple months they'll have either started to get their act together or be dead anyway.

[SoDak]

Seems like they have a lot of friends who are willing to bend the rules. Someone please put a stake in 'em. I think their site has officially become the undead.

[AntiScumbag]

delisting should have been automatic

nah

you can diddle around forever on nasdaq, and many do

they kick you down the stairs one market category at a time, always with plenty of time to discuss it with them, which they readily extend merely for the asking

this is especially true lately as nasdaq now has more outfits circling the sub-dollar drain than ever before in their history

if all else fails and you run out of time to yak about it, there's always the one true act of desperation, the trusty old 10 or 20 or 50 or 100 or 1,000 to one reverse-split to get you back over a buck, at least temporarily

of course, you have to have the dough to pay your lawyers to do all of the reverse-split paperwork, and they always want it up-front, because they know it is a total waste of resources and accomplishes absolutely nothing from a business point of view except to attempt to maintain a useless listing

say hello to the pink-sheets, salon

bwahahahahaha