Boston Communications Group, Inc. to Remain Listed on NASDAQ Pending Review by Nasdaq Board
29 Junio 2007 - 3:32PM
Business Wire
Boston Communications Group, Inc. (Nasdaq:BCGI), a leading provider
of solutions to mobile operators and MVNOs worldwide, today
announced that the Nasdaq Board of Directors has called for review
the decision of the Nasdaq Listing and Hearing Review Council (the
�Listing Council�) dated May 25, 2007, and granted a stay of the
delisting of the Company�s securities pending further review by the
Board in July 2007. The Company�s securities will remain listed on
the NASDAQ Global Market pending further action by the Nasdaq
Board. The Company intends to file its restated financial
statements, including its Quarterly Report on Form 10-Q for the
quarter ended March 31, 2007, as soon as practicable. The Company
is working diligently toward the completion of its restated
financial statements and the filing of its periodic reports with
the Securities and Exchange Commission to regain compliance with
Nasdaq�s listing requirements, but there can be no assurance about
either a specific filing date or whether the Company�s common stock
will continue to be listed on the Nasdaq stock market. About bcgi
bcgi delivers innovative products and services that enable mobile
operators and MVNOs worldwide to differentiate their offerings and
increase market penetration while reducing costs. Founded in 1988,
bcgi is a leader in identifying and addressing new market needs
with proven solutions, including prepaid and postpaid billing,
payments and access management. For more information, visit
www.bcgi.net. Cautionary Statement Regarding Forward Looking
Statements This press release contains forward-looking statements
that involve risks and uncertainties, including statements
regarding the continued listing of the Company�s common stock on
the Nasdaq stock market and the filing of reports with the
Securities and Exchange Commission. Such statements are based on
management�s current expectations and are subject to a number of
uncertainties and risks that could cause actual results to differ
materially from those described in the forward-looking statements.
Among the important factors that would cause actual results to
differ materially from those indicated by such forward-looking
statements are potential delays in the Company�s restatement of its
historical financial statements, the Company�s ability to file
required reports with the Securities and Exchange Commission, and
the actions of the Nasdaq Board of Directors, as well as the other
factors that may affect future operating results described in the
Company�s Form 10-Q for the three months ended March 31, 2006,
filed with the Securities and Exchange Commission. The Company
undertakes no obligation to update any of the forward-looking
statements after the date of this press release.
Boston Communications (NASDAQ:BCGI)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Boston Communications (NASDAQ:BCGI)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Boston Communications Grp (MM) (NASDAQ): 0 recent articles
Más de Boston Communications Group, Inc. Artículos de Noticias